Advertisement
Advertisement
Electronics firms put Hang Seng Index on course for biggest gain in four weeks.
US investment bank sees downside risk to its bet on corporate earnings recovery in 2025 as the US-China tariff war escalates.
More than 100 companies have announced buy-back plans, including PetroChina, Midea Group and CATL.
Military industry is providing stability against the backdrop of turbulence in global markets, Industrial Securities analyst Shi Kang says.
Advertisement
‘The talks went smoothly and the stakeholders are supportive of the deal,’ a source says.
Hong Kong stocks rebound; other Asia-Pacific markets fall as US tariffs on China and other trading partners take effect.
Three state-run funds vow to ramp up purchases to safeguard market stability, while one regulator pledges to free up more insurance funds.
The company says it will make more such investments in the future to ‘resolutely’ maintain the stability of the capital market.
A 10 per cent tariff on exports could eat into China’s economic growth, putting Beijing’s 4.5 per cent target at risk, Morgan Stanley says.
Best strategy is to bet on plays that would benefit from new stimulus policies China is likely to announce, analyst says.
Companies with the biggest overseas sales lead decliners among Hong Kong stocks.
A private report shows that China’s manufacturing industry expanded at the fastest pace in four months in March.
World’s largest money manager has at least seven funds dedicated to Chinese stocks; five are passive ETFs and two are actively managed.
Investor jitters over tariffs set to be unveiled on April 2 outweigh a positive China manufacturing report.
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.
The blistering rally has nearly closed Chinese tech stocks’ valuation with the Magnificent Seven in the US.
Geely sold 2.18 million vehicles last year, of which 1.76 million units were delivered on the mainland while 414,522 units were exported.
Investors disappointed after China leaves five-year and one-year loan prime rates stable at 3.6 per cent and 3.1 per cent, respectively.
China’s stock rally may face correction given its similarities with the 2015 boom and bust cycle, according to a BofA survey.
China’s retail sales grew 4 per cent in the first two months of the year, beating estimates of a 3.8 per cent gain.
The US$23 billion sale is not final, but needs no Chinese or Hong Kong approval, leaving CK Hutchison to decide whether to proceed, analysts say.
The bond market’s mood will be tested on Friday, when the Ministry of Finance is scheduled to auction 167 billion yuan of two-year government bonds.
The price gaps come as Chinese tech stocks have regained favour among investors after the rapid ascent of AI start-up DeepSeek.
‘A short-term fluctuation doesn’t equal a pullback, and markets might go up if there are new catalysts,’ CICC Research analyst says.
‘A period of outperformance is only just starting to reverse years of underperformance’ by European and Asian equities, analyst says.
DeepSeek’s breakthrough fuels huge revaluation of Chinese tech stocks, boosting investor confidence and reshaping global market dynamics.
Hang Seng Index finishes the week 5.6 per cent higher – its best weekly performance since February 14.
The company said the loss for 2024 could come in at HK$126.6 million (US$16.3 million) versus a profit of HK$17.3 million the previous year.
Alibaba gains more than 8 per cent on release of new reasoning AI model.
