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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
The renewed pullback in Chinese EV stocks follows a brief rally that was driven by expectations of rising demand for alternative energy.
Despite sell-offs in the Asia-Pacific region, investors continue to bet that China’s technology stocks will extend their blistering run.
Outstanding value of bets passes US$420 billion amid seven-day record run, as investors drive indices to new highs.
Mainland benchmarks slip as investors lock in profits following Beijing summit, while analysts say the lack of specific deal terms suggests a deterioration ‘freeze’.
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The beleaguered developer is reportedly trying to offload the 11 Skies project and secure fresh investment to improve its balance sheet.
With two funds trading at least 30 per cent above net asset values, the large premiums would trigger sell-offs when sentiment turns.
AI’s explosive growth is triggering a global power crisis, as data centres deploy backup generators amid soaring electricity demand.
Midea looks to tap into the debt market to fund its overseas expansion and boost offshore liquidity amid rising sentiment on the stock.
Media reports of a proposed memorandum of understanding boost hopes of a diplomatic resolution to the US-Israel war on Iran.
Disposal of stake in UK’s biggest mobile carrier adds HK$2 billion profit, but conglomerate unlikely to declare special dividend: Citigroup.
Asia’s stock markets received a boost as US tech giants reported strong results and President Donald Trump signalled more Iran peace talks.
Breakthrough launch could lift stocks from chipmakers to model developers as demand for computing power builds and adoption widens: analysts.
Early signs of a recovery present a buying opportunity for property stocks, which have been under pressure since home prices peaked in 2021.
Regulator brings in seasoned official with deep risk and compliance experience amid renewed focus on IPO scrutiny and market stability.
First-quarter earnings remain resilient as crude prices surge on Middle East tensions, tightening global supply and lifting margins.
Battery maker says it plans to sell 62.4 million Hong Kong-traded shares for HK$628.20 apiece to at least six unspecified investors.
Investors are betting a Trump-Xi summit will ease tensions, helping Chinese equities close their long-standing valuation gap.
Qualified foreign investors can trade government bond futures, enhancing market access and boosting the yuan’s appeal amid global tensions.
Zhang Kun ramps up exposure to liquor makers and e-commerce, backing a gradual recovery in consumption despite weak retail data.
Buying sentiment on ChiNext companies ignited after the market regulator unveiled a package of reforms earlier this month.
Fund managers shift focus to Chinese and Taiwanese stocks, while reducing exposure to South Korea amid global market turbulence.
Investors need more conviction about material progress on a ceasefire and the normalisation of oil flow, investor says.
Resilience shown since start of Middle East war likely to continue amid haven demand, according to fund managers and investment banks.
Regulators are pressing ahead with their drive to nurture world-class investment banks through mergers and acquisitions.
The city’s safe-harbour appeal for capital and investments grows as China’s support strengthens its edge while Dubai faces pressure.
Duan Yongping sees Pop Mart as a promising long-term investment, praising its growth potential and unique business model.
Placement priced at an 8.6 per cent discount as the AI firm boosts investment in multimodal models and cloud infrastructure.
A new investment unit to manage mining assets signals CATL’s deeper shift beyond EV batteries into energy storage.
A planned sale of yuan-denominated bonds in Hong Kong, the largest since 2023, comes as investors seek shelter amid Middle East tensions.
