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Zhang Shidong
Reporter, 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
All eyes will be on how gathered leaders address hyper-competition in industries including solar and lithium batteries, EVs and e-commerce.
Beijing-based firm attributes first-half growth to the increased global recognition of the Pop Mart brand and its intellectual properties.
The narrowing discrepancy reflects the Hong Kong market’s gains from global investors’ diversification efforts.
City to instruct government-controlled digital service provider and financial institution to study the feasibility of launching stablecoins.
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Wuxi AppTec jumps after it says its first-half profit likely more than doubled from a year earlier.
Investors look ahead to a Politburo meeting later this month for clues on how top leaders might tackle deflationary trend.
AI to be ‘a key driver for China’s modernisation,’ Huachuang Securities says, joining Morgan Stanley, UBS and others in optimistic outlook.
Henderson Land Development falls after raising US$1 billion from the sale of convertible bonds.
US President Donald Trump tells Japan and South Korea that new tariffs will take effect on August 1.
Trump’s 90-day pause on tariffs scheduled to end on July 9; insurer FWD Group rises after debuting in Hong Kong.
‘We acknowledge that US exceptionalism is diminishing and that de-dollarisation is under way,’ analysts say.
For now, yuan-denominated stocks ‘are fairly valued’, analyst says, amid deflationary trend and sluggish earnings growth.
Stock hits a record, bucking concerns that newly available shares – a 40 per cent stake – would trigger a pullback.
In the first half of 2025, 50 companies raised a combined US$4.7 billion by selling shares on the Beijing, Shanghai and Shenzhen exchanges.
Investors from the mainland buy more than US$93 billion worth of Hong Kong stocks in the first half of 2025.
Standard Chartered is overweight on allocations to Chinese equities, while UBS expects the premium between A and H shares to narrow further.
Bets on a US interest-rate cut in September increased, with the odds rising to 93 per cent from 64 per cent a week ago.
Banks and developers led losses; HKMA had forewarned that intervention to halt local currency weakness would tighten liquidity and pressure rates.
No luck for two market debutants CaoCao and XJ Electrics as steep losses in both stocks made it a day to forget.
Few asset classes globally match Hong Kong IPOs this year, as institutional and individual investors rush in hoping for eye-popping gains.
Futures on WTI oil tumbled more than 3 per cent to US$66.21 a barrel in Asian trading hours, tempering concerns about global inflation.
Oil futures surge after US President Donald Trump says attacks ‘obliterated’ targets and Iran threatens to close key oil shipping route.
Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.
Fed Chair says increases in tariffs are likely to stoke prices, with officials waiting to assess the impact when a truce expires on July 9.
Relaxation comes as a surprise to investors after two years of tough IPO approvals by the CSRC.
Financial Secretary Paul Chan will be present for signing of agreement outlining cooperation in ‘multiple layers and fields’, sources say.
‘The Middle East is once again the fulcrum of global market anxiety,’ an analyst at SPI Asset Management says.
China’s industrial output and fixed-asset investment fell short in May, and the downturn in the property market deepened.
The MSCI Asia-Pacific Index has risen twice as much as global equities or US technology stocks this year as funds return to region.
