Advertisement
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
Mainland Chinese investors bought US$7.8 billion of stocks through the connect scheme in March.
Hang Seng Index caps its biggest gain in a week after Trump says US will end strikes on Iran, boosting hopes the conflict is close to ending.
The repurchases, along with AI gains, help propel global equities to fresh peaks in 2025, asset manager says.
Investors cheered progress on peace talks and falling crude prices, helping the Hang Seng Index rise for a second day.
Advertisement
Hang Seng Index jumps 2.8 per cent as investors welcome signs of Iran conflict easing after Donald Trump says assaults have been withheld.
The developer – once China’s largest home builder by sales – poised to swing from US$5 billion loss in 2024 to profit in 2025 on debt deal.
The European Central Bank has become more hawkish, reverting to wording that analysts say often precedes interest-rate increases.
Hang Seng Index slumps as investors brace for tighter monetary policy, with oil shock and war risks darkening sentiment.
China’s push into renewables helps shield its markets from the latest oil turmoil, with analysts pointing to limited downside risks.
Hang Seng Index falls for a third week as investors weigh the US-Israel war on Iran, oil swings and corporate earnings.
Risk-off mode takes hold as attacks bring crisis to ‘a more dangerous level for the global economy’, analyst says.
Shanghai Composite Index falls below 4,000 points for the first time in two months, underscoring investor jitters.
Markets await clarity on a summit, hoping it will steady Hong Kong and China equities as Middle East hostilities weigh on sentiment.
South Korea and Japan lead global market declines – with losses steeper than in Europe – as oil shock underscores their reliance on imports.
Amid rising oil prices and risk-off sentiment, investors should look to sectors where firms have pricing power, analysts say.
Shares of companies seen compatible with the AI tool soar, while the broader CSI 300 Index languishes.
High commodity prices also a factor as mainland-listed firms set to continue outperforming Hong Kong peers battered by ‘involution’.
Rapid shifts in cross-border flows show even Hong Kong’s most reliable buyers can amplify market turbulence during geopolitical shocks.
US objectives in Iran are ‘pretty well complete’ but the war could continue if Tehran attempted to stop global oil supplies, Trump says.
Investors brace for prolonged disruption after Iran closed the Strait of Hormuz, sending crude to levels unseen since the 2022 energy shock.
Brent crude jumps over 20 per cent to trade at around US$110 a barrel, prompting investors to further reduce risk exposure.
US Treasuries have been falling recently, partially reflecting investor concerns that Warsh’s succession will slow rate reductions.
Beijing is emphasising gradual growth in its policies for capital markets, encouraging dividend payouts and drawing a contrast with the West.
Crackdown on fraud, stronger governance, higher dividends and more buy-backs will enhance appeal of Chinese assets, CSRC chief Wu Qing says.
For the week, the Hang Seng Index fell 3.3 per cent, the worst weekly performance since November 21.
South Korea’s Kospi leads Asia-Pacific gains, jumping nearly 10 per cent to recover nearly all of its record 12 per cent drop.
Rising oil prices are shaking global markets as investors rethink rate-cut bets and brace for slower growth and renewed inflation.
Brent crude gains 1.3 per cent to US$82.46, while Nymex futures rise 1.1 per cent to US$75.36.
With Chinese stocks drifting and global markets spooked by artificial intelligence fears, traders are eyeing the ‘two sessions’ for catalysts.
