22 h. ago Wall Street climbs to new highs on hopes of interest rate cuts

US stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy. The S&P 500 climbed 0.4 per cent on Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7 per cent. The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the US job market. That raised expectations for a cut to rates by the Fed later this month....

Politics

28 h. ago Hong Kong IPO pipeline swells as Chinese tech listings lure global investors

More than 200 companies are awaiting approval for initial public offerings (IPOs) in Hong Kong, with about half coming from the technology sector, according to Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting. “Recently, many international long-term investors have actively participated in the IPO subscriptions of technology and innovation companies, reflecting strong global interest in China’s tech sector,” she said at HKEX’s Future Tech Summit on Friday. In the first eight months...

Economics

37 h. ago Venture firm Lanchi doubles down on Chinese AI, robotics start

Chinese venture capital firm Lanchi Ventures is doubling down on investing in China’s artificial intelligence and robotics start-ups while raising a new fund amid increased global investor appetite for the country’s early-stage tech firms, its executives said. Lanchi Ventures, formerly known as BlueRun Ventures China, would continue to be “all in” on AI and robotics, focusing on AI applications, multimodal AI models and firms targeting overseas markets, managing partner Jui Tan said in an...

Politics

69 h. ago Power of Siberia 2: Russia’s Pivot, China’s Leverage, and Global Gas Implications

Power of Siberia 2: Russia’s Pivot, China’s Leverage, and Global Gas Implications  CGEP

Politics

4 d. ago ‘Historical evolution’: China’s shipping firms pivot amid looming US port fees

Chinese shipping companies are working with global partners to reduce their US exposure and explore more regional market opportunities, as the industry braces for the introduction of steep new US port fees in October. Washington plans to charge Chinese-linked vessels hefty fees to enter US ports as part of a drive to rein in China’s globally dominant shipyards, and the controversial new levies are already driving deep changes in the shipping industry. “The container shipping industry is...

Politics

7 d. ago China’s stock market outpaces global peers as local investors pile in

China’s stock market outpaces global peers as local investors pile in  Financial Times

Economics

7 d. ago Can China’s US$22 trillion savings and global investors propel markets higher?

In the second instalment of the two-part series on the outlook for the Hong Kong and mainland Chinese stock markets, Zhang Shidong and Yulu Ao look at the catalysts that could underpin the rally. Read part one here When Chinese stocks hit a 10-year high this week, Jian Shi Cortesi saw it as a sign that the rally could continue as overseas investors returned to the nation’s onshore and offshore equities, which are worth a combined US$20 trillion. The Switzerland-based investment director at GAM...

Economics

7 d. ago China’s retail investors armed with US$22 trillion are key to markets’ fortunes

In the second instalment of the two-part series on the outlook for the Hong Kong and mainland Chinese stock markets, Zhang Shidong and Yulu Ao look at the catalysts that could underpin the rally. Read part one here. When Chinese stocks hit a 10-year high this week, Jian Shi Cortesi saw it as a sign that the rally could continue as overseas investors returned to the nation’s onshore and offshore equities, which are worth a combined US$20 trillion. The Switzerland-based investment director at GAM...

Economics

9 d. ago Watch Global Investors Renew Confidence in China, Says Tech PE Leader

Watch Global Investors Renew Confidence in China, Says Tech PE Leader  Bloomberg.com

Politics

1 week ago South Korean investors ride China’s tech wave with big stock buys in 2025

Since buying stock in China’s robotics firms over the last year – companies emerging as global industry leaders – David Choi, a South Korean investor in his early 30s, has been riding a wave of strong gains. He is not alone. Many South Korean investors have begun exploring positions in Chinese equities, particularly in rapidly growing arenas like tech. “Those who follow what’s going on in the tech industry already see how fast China has been developing on many fronts,” said Choi, who works in...

Economics

1 week ago Fed pivot bolsters world stocks, China shares at highest since 2022

Fed pivot bolsters world stocks, China shares at highest since 2022  Reuters

Politics

2 w. ago China’s exports, investments to Global South surge in ‘age of tariffs’: report

China is accelerating its pivot to the Global South to reduce reliance on the United States, potentially creating “a new order of global commerce”, according to a new report. Chinese exports to the Global South – covering most of the developing world – have doubled since 2015, with growth seeing a notable uptick after the US-China trade war during US President Donald Trump’s first term, S&P analysts said on Tuesday. In the past five years, these exports have risen by 65 per cent – tripling the...

Economics

3 w. ago Global investors pivot to China’s US$25 trillion bond market amid de

Global investors’ search for alternatives to US-dollar assets is driving more capital into China’s domestic bond market, according to UBS. A new wave of increased allocations to the Chinese bond market had just begun and was expected to continue if the trend of de-dollarisation continued, said Raymond Gui, Asia head of fixed-income portfolio management in the Swiss bank’s asset-management arm. UBS launched its first yuan-denominated bond fund in 2018. Foreign investors, mostly institutional...

Economics

4 w. ago China Struggles to Shake Off Deflationary Pressures Despite Policy Pivot

China Struggles to Shake Off Deflationary Pressures Despite Policy Pivot  The Wall Street Journal

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