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Zhang Shidong
Senior Correspondent, Business
Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.
Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.
Areas of Expertise:
Stock markets, data miningLanguages Spoken:
English, Mandarin, Shanghai dialect
Top financial regulator declares support for move promoting yuan internationalisation and the city’s role as a yuan hub.
Firm to capitalise on AI-led price spike of critical metals used to create chips, generate electricity and support computing power.
A surge of freed shares will challenge Hong Kong’s stock market, with analysts pointing to inflows and corporate support as key buffers.
US President Trump says the Strait of Hormuz would reopen on Friday after a deal with Iran, sending oil prices tumbling.
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Metal’s upside rests on central-bank demand and easing oil shock, but higher yields and AI spending may temper recovery, money managers say.
Listing adds to headwinds for Asia’s third-largest market as US$97 billion in lock-up expirations loom.
Wind and solar producer plans multiple projects amid China’s push to deepen its insulation from global oil-shock pressures.
Signs of excess are mounting in AI trade, with soaring IPOs and stretched valuations echoing run-ups to past market peaks, analysts say.
Designation of Chinese firms fuels investor unease, with markets bracing for a potential Fed tightening and an unwinding of the AI trade.
Investors drive Hong Kong and other Asian markets lower as the AI trade unravels on rate-increase fears after strong reading on US jobs report.
Maker of optical modules surpasses CATL in weighting thanks to off-the-charts demand from Alphabet, Amazon, Meta and Huawei.
Chinese investors are shifting from Hong Kong to mainland stocks, driven by AI opportunities and better returns.
Fund managers must now adhere to strict mandates, focusing on transparency and traditional industries, which will reshape investment strategies.
The share-price surge came as promising cancer trial data overshadowed continuing scrutiny of China’s biotechnology sector by US lawmakers.
City emerges as a price-discovery hub, with mainland AI firms reversing a decades-old dual-listing order to secure global benchmarks.
Shanghai exchange revamp lifts tech weighting and adds chipmakers, signalling policy support and investor confidence.
Chinese AI model company hires Citic Securities to prepare a mainland share sale, with the listing venue yet to be confirmed.
Seven firms including Hesai, Geekplus and Deepexi join the index as investors question whether local benchmarks reflect fast-rising AI sector.
Chinese firm’s 159 per cent gain fuelled by optimism about its evolution from a PC-led hardware company to a hybrid AI platform.
Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development.
The metal is down nearly 20 per cent from its all-time high in January as investors focus on the Federal Reserve’s plans to combat inflation.
Chinese maker of LCD displays sees a surge in its share price following an attempt to diversify into AI with US manufacturer Corning.
As the robot manufacturer moves a step closer to its IPO, stocks of its investors and supply chain makers have shot up.
The assets involve a crackdown on Futu, Tiger Brokers and Long Bridge for offering mainland Chinese investors access to unlicensed trading.
Tencent, BeOne Medicines, Baidu and NetEase may lure fund inflows between US$200 million and US$1 billion, due to index weighting changes.
Options for potential exposure include brokerages offering access to US stocks, buying into SpaceX’s partners, and exchange-traded funds.
Additions to the benchmark Hang Seng Index, meanwhile, increase the number of constituents to 93 as the bourse operator presses ahead with expansion to 100.
ADRs of Tiger Brokers’ owner and Futu’s US-listed shares plunge after the suspension of their stockbroking businesses on the mainland.
Cash holdings rise among traditional firms listed in Hong Kong and Shanghai as productive places to deploy capital dwindle, analysts say.
