https://www-scmp-com.libproxy1.nus.edu.sg/rss/145733/feed Stock market action from around the world, with a focus on Hong Kong, China and the rest of Asia. en https://assets-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Agence France-Presse Agence France-Presse Tech billionaire Elon Musk said on Monday that he would give every child in the United States a share in his SpaceX rocket company. “Next year, I will give one of my SpaceX shares to every kid in America,” Musk, the richest man in the world, said on X. “This will be the first of many,” he said, without providing details about how the scheme would work. There are around 73 million children under the age of 18 in the United States, according to 2024 data from the US Census Bureau. Musk owns 38... https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3371389/elon-musk-says-he-will-give-spacex-share-every-kid-america?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3371389/elon-musk-says-he-will-give-spacex-share-every-kid-america?utm_source=rss_feed Mon, 19 Oct 2026 10:01:08 +0000 Chris Tsang Chris Tsang Although the Chinese government imposed a 20 per cent tax on rental income and capital gains derived from overseas properties transferred into offshore trusts by mainland residents, agents said these investors remained a key driver of the Hong Kong property market. China’s Ministry of Finance and the State Taxation Administration said in July that rental earnings – profits from the sale of properties and investment gains derived from assets including real estate, stocks or equity interests held... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371345/why-mainland-chinese-still-drive-hong-kongs-housing-market-despite-beijings-20-tax?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371345/why-mainland-chinese-still-drive-hong-kongs-housing-market-despite-beijings-20-tax?utm_source=rss_feed Mon, 19 Oct 2026 06:00:06 +0000 Zhang Shidong Zhang Shidong Chinese investors have been flocking to dividend stocks, taking shelter from market turmoil spurred by sell-offs in technology companies and K-shaped economic growth in the Asian nation. Two key gauges of the mainland-listed companies with the highest dividend yield ratios outpaced the benchmark heading into October, when fears of financial tightening in the US and China’s flagging domestic demand weighed on investors’ risk appetite. The Shanghai Stock Exchange Dividend Index of the 50 selected... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371315/chinas-investors-flock-dividend-stocks-returns-double-those-state-bonds?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371315/chinas-investors-flock-dividend-stocks-returns-double-those-state-bonds?utm_source=rss_feed Mon, 19 Oct 2026 01:00:13 +0000 Themis Qi Themis Qi International investors will keep an eye on a forum next week for clues from China’s regulators on how they plan to further open its financial markets, after Visa’s long-awaited approval fuelled hopes for deeper participation in the world’s second-largest economy. Regulators could announce more measures at the Financial Street Forum to deepen the internationalisation of the yuan and optimise the Connect series of cross-border investment links between investors in mainland China and the rest of... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371171/financial-street-forum-forecast-calls-more-opening-chinese-regulators?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371171/financial-street-forum-forecast-calls-more-opening-chinese-regulators?utm_source=rss_feed Fri, 16 Oct 2026 10:00:34 +0000 Zoe SL Chan Zoe SL Chan Hong Kong regulators’ tough action to crack down on fraudulent activity in the initial public offering market is sending ripples across the city’s financial industry, with insiders predicting short-term turbulence as some listings are scaled back or even cancelled. Financial intermediaries and IPO sponsors in particular find themselves in a “difficult position”, as they are now expected to conduct deeper due diligence to ensure deals are free from distortions, sources told the South China... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371074/hong-kongs-ipo-fraud-clampdown-sends-shock-waves-across-financial-sector?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371074/hong-kongs-ipo-fraud-clampdown-sends-shock-waves-across-financial-sector?utm_source=rss_feed Fri, 16 Oct 2026 01:06:30 +0000 Nicholas Spiro Nicholas Spiro For a truly staggering figure, look no further than an estimate from Columbia Business School Professor Stijn Van Nieuwerburgh of the cumulative investment in artificial intelligence-related infrastructure by 2032. In a paper last month, Van Nieuwerburgh said the AI buildout could reach US$10.3 trillion, the equivalent of 3.6 per cent of annual US economic output for the next seven years. The average annual capital expenditure dwarfs previous infrastructure booms, including railways, highways... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/world-opinion/article/3370945/why-ai-investment-boom-could-spark-next-financial-crisis?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/world-opinion/article/3370945/why-ai-investment-boom-could-spark-next-financial-crisis?utm_source=rss_feed Thu, 15 Oct 2026 08:30:05 +0000 Zhang Shidong Zhang Shidong Stocks in mainland China and Hong Kong slumped on Thursday, with the benchmark of yuan-denominated equities sliding to a 14-month low, as a hot reading on US inflation boosted bets that the Federal Reserve would raise interest rates and a plunge in the South Korean market further dented sentiment. The CSI 300 Index slid 1.2 per cent to 4,166.01 at the close, the lowest since August 12, 2025. The chip-heavy Star Market 50 gauge tumbled to a six-month low with a 1.5 per cent decline. The Hang Seng... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370932/mainland-china-hong-kong-stocks-fall-us-inflation-spurs-fed-tightening-concerns?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370932/mainland-china-hong-kong-stocks-fall-us-inflation-spurs-fed-tightening-concerns?utm_source=rss_feed Thu, 15 Oct 2026 02:04:32 +0000 Andy Xie Andy Xie Be warned. The global economy is likely to experience a recession next year. War across the Middle East is set to escalate, wrecking energy supplies for many years, even as the artificial intelligence (AI) bubble is ripe to burst. This, however, would also create an energy leadership opportunity for China. High energy prices already fuel demand for Chinese renewable energy products and electric vehicles. But as a leader in building coal-fired power plants, China can also offer the global market... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/china-opinion/article/3370367/can-chinas-coal-industry-ride-rescue-world-oil-shock?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/china-opinion/article/3370367/can-chinas-coal-industry-ride-rescue-world-oil-shock?utm_source=rss_feed Wed, 14 Oct 2026 21:30:06 +0000 Associated Press Associated Press US stocks dropped to their worst day since July on Wednesday, following the latest signal that inflation is getting worse. The S&P 500 sank 1.1 per cent for a fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average fell 48 points, or 0.1 per cent, and the Nasdaq composite slid 1.9 per cent as stocks in the artificial-intelligence industry led the way lower. Stocks felt pressure from rising yields in the bond market, where worries grew after a report said US... https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3370922/us-stocks-drop-their-worst-day-july-inflation-worsens?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3370922/us-stocks-drop-their-worst-day-july-inflation-worsens?utm_source=rss_feed Wed, 14 Oct 2026 21:03:28 +0000 Zhang Shidong Zhang Shidong Chinese investors are gearing up for a speech next week by the chief of the securities watchdog for clues on how Beijing will ramp up support for the country’s stock market after its latest efforts did little to bolster sentiment. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), is due to deliver a keynote speech at the Financial Street Forum in Beijing on Monday. Other top financial regulators including central bank governor Pan Gongsheng will also address the four-day... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370827/hopes-stock-support-rise-china-ahead-csrc-head-wu-qings-speech?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370827/hopes-stock-support-rise-china-ahead-csrc-head-wu-qings-speech?utm_source=rss_feed Wed, 14 Oct 2026 07:00:06 +0000 Enoch Yiu,Zoe SL Chan Enoch Yiu,Zoe SL Chan Participants in Hong Kong’s stock market may need to wait longer for shorter transaction settlement times, as market participants want more time to prepare for the change, according to two sources familiar with the matter. Bourse operator Hong Kong Exchanges and Clearing (HKEX) said in a consultation paper in April that it aimed to implement a so-called T+1 system – under which trades would be settled one day after transactions – in the fourth quarter of 2027, replacing the existing T+2... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370813/no-rush-t1-hong-kong-exchange-wont-hurry-settlement-time-change-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370813/no-rush-t1-hong-kong-exchange-wont-hurry-settlement-time-change-sources-say?utm_source=rss_feed Wed, 14 Oct 2026 06:00:07 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) has completed the first cross-border trading of green products under two separate pilot programmes with exchanges in Guangzhou and Shenzhen, according to an executive. The exchange’s Core Climate platform has enabled 15 companies, including Airport Authority, China Power International Development, Bank of China (Hong Kong) and others, to purchase Green Electricity Certificates (GECs) through the Guangzhou Power Exchange Centre with a total volume of about... https://www-scmp-com.libproxy1.nus.edu.sg/business/climate-and-energy/article/3370720/hong-kong-completes-pilot-schemes-trade-green-products-exchanges-mainland-china?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/climate-and-energy/article/3370720/hong-kong-completes-pilot-schemes-trade-green-products-exchanges-mainland-china?utm_source=rss_feed Tue, 13 Oct 2026 23:00:07 +0000 Zoe SL Chan,Enoch Yiu Zoe SL Chan,Enoch Yiu Hong Kong’s securities watchdog has moved against two syndicates suspected of being involved in three alleged initial public offering fraud schemes involving assets worth HK$4.6 billion (US$590 million), according to a statement released on Tuesday. The Securities and Futures Commission (SFC) also announced on the same day that it had suspended 65 listing applications in the first nine months of this year due to the poor quality of their listing sponsors’ work, in what analysts viewed as an... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370697/hong-kong-watchdog-orders-suspension-third-stock-month?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370697/hong-kong-watchdog-orders-suspension-third-stock-month?utm_source=rss_feed Tue, 13 Oct 2026 07:00:10 +0000 Zhang Shidong Zhang Shidong China’s futures exchanges will intensify a crackdown on malfeasance linked to programme trading by defining specific violations, as Beijing seeks to contain any cross-asset risk that could place additional strain on the nation’s already struggling stock markets. Participants who failed to report and inspect clients’ programme trading, also known as quantitative trading, in compliance with the rules would be subject to disciplinary action, according to separate statements on the websites of... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370671/china-tighten-leash-futures-quant-trading-contain-risks-amid-stock-slump?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370671/china-tighten-leash-futures-quant-trading-contain-risks-amid-stock-slump?utm_source=rss_feed Tue, 13 Oct 2026 03:35:59 +0000 Zhang Shidong Zhang Shidong Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with purchases accelerating despite persistent headwinds from elevated US Treasury yields and oil prices. Onshore traders poured a net HK$60.8 billion (US$7.7 billion) into Hong Kong’s stocks via the Stock Connect programme last month, up from HK$10.4 billion in August, according to financial data provider Wind. Net buying reached HK$134.1 billion in the third quarter. Mainland... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370564/mainland-chinese-traders-boost-hong-kong-stock-buying-4th-month-ai-bets-surge?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370564/mainland-chinese-traders-boost-hong-kong-stock-buying-4th-month-ai-bets-surge?utm_source=rss_feed Tue, 13 Oct 2026 02:00:13 +0000 Zhu Wenqian Zhu Wenqian Shares in Chinese companies present better opportunities today than at other times, a disciple of legendary investor Charlie Munger said in a rare reflection on the world’s second-largest economy amid tensions with the US and the ongoing artificial intelligence race. The comments by Li Lu, Chinese-American founder and chairman of Seattle-based value investment firm Himalaya Capital, came amid divergence between the markets on opposite sides of the Pacific. While stock markets in China and Hong... https://www-scmp-com.libproxy1.nus.edu.sg/business/money/markets-investing/article/3370602/chinese-stocks-undervalued-opportunity-says-charlie-munger-disciple?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/money/markets-investing/article/3370602/chinese-stocks-undervalued-opportunity-says-charlie-munger-disciple?utm_source=rss_feed Tue, 13 Oct 2026 01:00:15 +0000 Yulu Ao Yulu Ao US Treasuries are looking increasingly attractive to Hong Kong investors after a prolonged sell-off pushed yields to multi-decade highs, prompting some strategists and wealth managers to recommend buying while others warned that further losses may lie ahead. The benchmark 10-year Treasury yield surged above 5.36 per cent on Wednesday, its highest in 24 years, before retreating to around 5.23 per cent on Thursday following strong demand at a US$22 billion auction of 30-year government... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370557/hong-kong-investors-are-warming-us-treasury-bonds-yields-hit-20-year-high?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370557/hong-kong-investors-are-warming-us-treasury-bonds-yields-hit-20-year-high?utm_source=rss_feed Mon, 12 Oct 2026 23:00:30 +0000 Zhu Wenqian Zhu Wenqian Hong Kong Exchanges and Clearing (HKEX) is planning further measures to boost market liquidity, attract more international investors and expand the use of China’s currency, including through yuan-denominated gold futures and stock trading, according to a blog post by its CEO on Monday. The plans come as the city steps up efforts to reinforce its position as a leading international financial centre, following priorities outlined in the government’s policy address and the city’s five-year... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370617/hong-kong-expand-indices-derivatives-and-yuan-denominated-products-hkex-ceo?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370617/hong-kong-expand-indices-derivatives-and-yuan-denominated-products-hkex-ceo?utm_source=rss_feed Mon, 12 Oct 2026 11:07:25 +0000 Zoe SL Chan Zoe SL Chan Shenzhen Transsion Holdings drew a lukewarm response for its HK$3.36 billion (US$428 million) Hong Kong share offering, heightening worries over market sentiment for new listings in the fourth quarter. The maker of Africa’s bestselling phones closed its bookbuilding on Monday, with preliminary figures showing the offering attracted about 14,000 applications and was oversubscribed roughly 3.5 times, according to people familiar with the matter. Retail participation in Hong Kong initial public... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370604/few-hong-kong-investors-take-interest-listing-africas-top-phone-maker-transsion?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370604/few-hong-kong-investors-take-interest-listing-africas-top-phone-maker-transsion?utm_source=rss_feed Mon, 12 Oct 2026 10:03:02 +0000 Yulu Ao Yulu Ao China’s investment banks spent decades trying to emulate Goldman Sachs, the Wall Street powerhouse that became a benchmark for the country’s financial ambitions and whose alumni included senior US policymakers like former Treasury secretary Henry Paulson. Today, Beijing’s goal has evolved beyond building a Chinese version of Goldman. At the Central Financial Work Conference in 2023, President Xi Jinping called for cultivating first-class investment institutions as part of China’s ambition to... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370375/chinese-brokers-work-crack-final-code-win-clients-global-stage?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370375/chinese-brokers-work-crack-final-code-win-clients-global-stage?utm_source=rss_feed Sun, 11 Oct 2026 14:00:07 +0000 Yulu Ao Yulu Ao Hong Kong’s property market showed renewed strength as a Kowloon residential site fetched its highest price in nearly five years, while the city’s pension funds posted solid gains despite a September setback. Meanwhile, global investors returned to Chinese equities after years of caution, as US Treasury yields surged to multi-decade highs. Here are some of the figures that have drawn the most market attention this week. China records 2.14 billion passenger trips over National Day holiday China... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370277/china-holiday-travel-spikes-global-funds-shift-5-figures-investors-are-watching-china?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370277/china-holiday-travel-spikes-global-funds-shift-5-figures-investors-are-watching-china?utm_source=rss_feed Fri, 09 Oct 2026 07:00:06 +0000 Yulu Ao Yulu Ao Global investors are taking another look at Chinese equities after years of cautious positioning, drawn by relatively cheap valuations and opportunities in artificial intelligence, although an end to persistent selling does not indicate an outright bullish turn, according to analysts. Global active long-only funds have raised their average allocation to Chinese equities to benchmark-neutral from underweight since June, according to a recent Bank of America analysis of 2,767 global funds. The... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370035/more-global-investors-eye-chinese-equities-ending-4-year-underweight-run-bank-says?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370035/more-global-investors-eye-chinese-equities-ending-4-year-underweight-run-bank-says?utm_source=rss_feed Thu, 08 Oct 2026 01:00:17 +0000 Themis Qi Themis Qi Hong Kong’s stock index compiler will add 10 fast-growing companies with at least HK$500 million (US$64 million) in annual sales into the city’s technology-focused benchmark in a bid to revitalise an index that has missed out on artificial intelligence-driven gains. The threshold is among a set of new measures Hang Seng Indexes Company will use to reform the Hang Seng Tech Index, which is referred to as Hong Kong’s answer to the Nasdaq but has lost its shine relative to global peers, falling 23... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370073/hong-kong-tech-index-harness-fast-growth-companies-bid-better-performance?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370073/hong-kong-tech-index-harness-fast-growth-companies-bid-better-performance?utm_source=rss_feed Wed, 07 Oct 2026 11:34:47 +0000 Tim Yuen Lingk Tim Yuen Lingk Amid various macro uncertainties, interest in private credit declined sharply to 48 per cent from 71 – among alternative investments – while interest in real estate jumped to 52 from 39 per cent, according to the 2026 Asia Advisor Survey released today by financial technology company iCapital. This marks a sharp decline for private credit, which was the leading area of interest among Asian advisers in 2025. In addition to real estate, advisers are also turning to other real assets, with interest... https://www-scmp-com.libproxy1.nus.edu.sg/business/money/investment-products/article/3370002/asian-investors-turn-housing-real-assets-global-tension-shakes-market-confidence?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/money/investment-products/article/3370002/asian-investors-turn-housing-real-assets-global-tension-shakes-market-confidence?utm_source=rss_feed Wed, 07 Oct 2026 07:00:07 +0000 Xinmei Shen Xinmei Shen US firm ArriVent BioPharma’s shares plummeted after a late-stage trial failure involving a cancer drug licensed from China, a setback that analysts said highlighted the challenges facing Chinese biotech companies expanding overseas. New York-listed ArriVent closed down nearly 47 per cent on Tuesday after reporting that its cancer treatment firmonertinib failed to meet its main goal in a phase 3 trial. Firmonertinib was originally developed by Shanghai Allist Pharmaceuticals to treat non-small... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369985/us-firm-arrivents-plunge-shows-risks-facing-chinas-biotech-expansion-global-markets?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369985/us-firm-arrivents-plunge-shows-risks-facing-chinas-biotech-expansion-global-markets?utm_source=rss_feed Wed, 07 Oct 2026 04:20:31 +0000 Zoe SL Chan Zoe SL Chan Shenzhen Transsion Holdings has begun to take investor orders for its Hong Kong listing, with the maker of Africa’s bestselling phones offering 86.6 million shares at a maximum price of HK$38.8 per share, according to the company’s prospectus on Wednesday. The public offering will run from October 7 to 12, with the company expected to list on October 15, seeking to raise up to HK$3.36 billion (US$428.1 million). With the overallotment option, the deal size may grow to the equivalent of about... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3369908/chinas-transsion-africas-top-phone-maker-targets-us500-million-hong-kong-listing?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3369908/chinas-transsion-africas-top-phone-maker-targets-us500-million-hong-kong-listing?utm_source=rss_feed Tue, 06 Oct 2026 08:28:07 +0000 Wency Chen Wency Chen Even as geopolitical frictions and market swings unsettle venture investors, Hong Kong-founded Hermitage Capital is sticking to a global strategy of backing frontier technology companies wherever they emerge. With a US$1.5 billion war chest that is 80 per cent in US dollars, with the remainder in renminbi, the private equity firm is ramping up investments across artificial intelligence, semiconductors and robotics, mainly in the US and China, capitalising on a market turnaround triggered by the... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3369872/hong-kongs-hermitage-capital-stays-devoted-top-tier-tech-stocks-amid-jitters?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3369872/hong-kongs-hermitage-capital-stays-devoted-top-tier-tech-stocks-amid-jitters?utm_source=rss_feed Tue, 06 Oct 2026 06:00:07 +0000 Raymond Ma,Neil Denslow Raymond Ma,Neil Denslow Hong Kong stock debuts are losing steam as a deluge of initial public offerings (IPOs) overwhelms investor appetite. Seven of September’s 12 IPOs fell on the first day of trading, raising the third-quarter total to 15 flops out of 31, based on Bloomberg data. By contrast, there were only 14 declines among 77 debuts in the first half of the year. Medcaptain Medical Technology led September’s first-day flops, plunging 43 per cent. Fast-fashion giant Shein tumbled as much as 10 per cent on its... https://www-scmp-com.libproxy1.nus.edu.sg/plus/business/banking-finance/article/3369567/hong-kong-ipos-falter-china-aids-homebuyers-eu-trade-talks?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/plus/business/banking-finance/article/3369567/hong-kong-ipos-falter-china-aids-homebuyers-eu-trade-talks?utm_source=rss_feed Fri, 02 Oct 2026 09:05:40 +0000 Xinmei Shen Xinmei Shen A sell-off in technology stocks pushed mainland Chinese equities to their lowest level in more than a year, even as Beijing stepped up support for the economy with a key interest rate cut. At the same time, Chinese government bonds attracted fresh interest as US Treasury yields climbed to a new high. Here are some figures that have captured market attention this week. China’s CSI 300 Index hits 13-month low Mainland China’s CSI 300 Index dropped 2.2 per cent on Monday to its lowest level since... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369517/stock-losses-bond-bets-5-figures-investors-are-watching-china?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369517/stock-losses-bond-bets-5-figures-investors-are-watching-china?utm_source=rss_feed Fri, 02 Oct 2026 05:00:06 +0000 Tim Yuen Lingk Tim Yuen Lingk China’s quantitative investing sector has added 18 new members to the ranks of funds managing more than 10 billion yuan (US$1.5 billion) in assets this year, underlining the industry’s ability to generate competitive returns despite a tight regulatory environment. The firms were among 159 Chinese hedge funds overseeing more than 10 billion yuan each, according to financial news agency Cailian Press. Their growth has been fuelled by technology-driven momentum in the world’s second-largest stock... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369376/deepseek-effect-how-chinas-quant-funds-thrive-amid-tight-regulatory-scrutiny?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369376/deepseek-effect-how-chinas-quant-funds-thrive-amid-tight-regulatory-scrutiny?utm_source=rss_feed Fri, 02 Oct 2026 02:00:18 +0000 Zhu Wenqian Zhu Wenqian Chinese-American billionaire investor Duan Yongping, often called China’s Warren Buffett, has added 30,000 shares of Shanghai-listed baijiu maker Kweichou Moutai to his portfolio in his third public stake increase this year amid a deep sector-wide adjustment. Moutai’s premium valuation has long relied heavily on corporate and social gifting demand. Yet stricter supervision, more prudent corporate spending and ongoing anti-corruption efforts in recent years have dented demand, according to... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369330/chinas-warren-buffett-adds-moutai-shares-3rd-time-baijiu-sector-seeks-bottom?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369330/chinas-warren-buffett-adds-moutai-shares-3rd-time-baijiu-sector-seeks-bottom?utm_source=rss_feed Thu, 01 Oct 2026 00:00:15 +0000 Zoe SL Chan,Enoch Yiu Zoe SL Chan,Enoch Yiu Funds raised through Hong Kong initial public offerings (IPOs) doubled in the first nine months of 2026, reaching the highest level for the period since records began in 1980. A total of 112 companies raised US$48.4 billion on Hong Kong’s main board during the first nine months, according to data released by LSEG Data & Analytics on Wednesday. A further two companies listed on the city’s Growth Enterprise Market (GEM). By deal count, the combined total of 114 new listings on the main board and... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369316/hong-kongs-ipo-haul-first-9-months-smashes-record-despite-nasdaqs-fundraising-lead?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369316/hong-kongs-ipo-haul-first-9-months-smashes-record-despite-nasdaqs-fundraising-lead?utm_source=rss_feed Wed, 30 Sep 2026 08:00:27 +0000 Zoe SL Chan Zoe SL Chan Mainland China-based printed circuit board (PCB) maker Suzhou Dongshan Precision Manufacturing has cleared its final listing hurdle in Hong Kong and is moving towards a share sale that may rank among the city’s largest initial public offerings (IPOs) in the fourth quarter, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) recently, the people said, requesting anonymity because the information was... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369299/mainland-chinas-pcb-giant-wins-hong-kong-approval-planned-us3b-listing-sources?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3369299/mainland-chinas-pcb-giant-wins-hong-kong-approval-planned-us3b-listing-sources?utm_source=rss_feed Wed, 30 Sep 2026 07:00:08 +0000 Zhang Shidong Zhang Shidong Mainland Chinese and Hong Kong stocks may face a challenging fourth quarter as investors contend with underwhelming stimulus measures from Beijing, tighter financial conditions in the US and a shift in the narrative around the artificial intelligence trade, according to analysts. The two markets were likely to consolidate through the rest of the year as investors digest the negatives before settling on a clearer direction, according to brokerages including Zheshang Securities and CCB... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369292/mainland-chinese-hong-kong-stocks-face-bumpy-fourth-quarter-risks-mount-analysts?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369292/mainland-chinese-hong-kong-stocks-face-bumpy-fourth-quarter-risks-mount-analysts?utm_source=rss_feed Wed, 30 Sep 2026 06:00:06 +0000 Yulu Ao Yulu Ao Yi Huiman, the former chairman of China’s securities regulator, has been formally prosecuted for allegedly accepting “especially large” bribes, as Beijing presses ahead with a sweeping anti-corruption campaign in the financial sector. Prosecutors in the eastern city of Qingdao recently filed a case against Yi with the Qingdao Intermediate People’s Court after an investigation by the National Commission of Supervision, state-owned Xinhua News Agency said on Wednesday. Yi allegedly used his... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369289/former-csrc-chairman-yi-huiman-formally-prosecuted-taking-especially-large-bribes?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369289/former-csrc-chairman-yi-huiman-formally-prosecuted-taking-especially-large-bribes?utm_source=rss_feed Wed, 30 Sep 2026 05:30:05 +0000 Emma Ma Emma Ma Starting on Wednesday, new regulations governing the online marketing of financial products – including loans, insurance and deposits – by loan-assisting service providers take effect in China. According to analysts, one of the driving considerations behind the measure is to curb the improper use of bank loans. The regulations were jointly released by eight ministries, headed by the People’s Bank of China in April. They explicitly stipulate that only financial institutions and third-party... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3369165/china-bans-online-promos-loans-insurance-private-brokers-prevent-loan-misuse?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3369165/china-bans-online-promos-loans-insurance-private-brokers-prevent-loan-misuse?utm_source=rss_feed Wed, 30 Sep 2026 02:00:12 +0000 Yulu Ao Yulu Ao Global investors are turning to China again in search of alternatives to crowded US asset markets, with Pimco seeing Chinese bonds as one of the safest ways to diversify portfolios after sentiment towards the world’s second-largest economy “flipped 180 degrees”. The US-based asset manager, which oversaw more than US$2 trillion in assets by the end of June, had been pointing its clients, particularly those outside the United States, towards Chinese offshore bonds, according to its president,... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369148/180-degree-flip-sees-global-investors-turn-china-diversification-pimco-president?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369148/180-degree-flip-sees-global-investors-turn-china-diversification-pimco-president?utm_source=rss_feed Tue, 29 Sep 2026 08:00:11 +0000 Zhang Shidong,Zoe SL Chan,Themis Qi Zhang Shidong,Zoe SL Chan,Themis Qi Some securities companies have begun to clean up non-compliant overseas stock trading by mainland Chinese investors following a regulatory crackdown that started months ago with fines on Tiger Brokers and Futu Securities International. Orient Securities’ mainland-based clients that have trading accounts in its Hong Kong unit will be banned from buying stocks and transferring in funds starting on Wednesday, according to a notice to customers seen by the South China Morning Post. Guotai Junan... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369152/chinese-brokerages-get-line-beijings-crackdown-overseas-stock-trading?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369152/chinese-brokerages-get-line-beijings-crackdown-overseas-stock-trading?utm_source=rss_feed Tue, 29 Sep 2026 05:25:03 +0000 Ann Cao Ann Cao Chinese chip foundry CanSemi Technology’s Shenzhen initial public offering (IPO) is emerging as one of mainland China’s most sought-after tech listings this year, as investors bet on its push into silicon photonics and its role in domestic artificial intelligence infrastructure. The Guangzhou-based company’s retail tranche was oversubscribed by more than 2,300 times after clawback, according to a stock exchange filing late on Sunday, as investors scrambled for a piece of the domestic... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3369074/chinese-chip-foundry-cansemis-ipo-oversubscribed-2360-times-investors-chase-ai-boom?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3369074/chinese-chip-foundry-cansemis-ipo-oversubscribed-2360-times-investors-chase-ai-boom?utm_source=rss_feed Mon, 28 Sep 2026 11:30:11 +0000 Zhang Shidong Zhang Shidong Mainland Chinese stocks fell to their lowest level in 13 months on Monday as the sell-off in technology shares intensified amid concerns that elevated global capital costs and surging oil prices would curb risk appetite. Markets opened the week on a sombre note, with the CSI 300 Index dropping 2.2 per cent to close at a level not seen since August 21 last year. The chip-heavy Star Market 50 index tumbled 4.1 per cent, capping its steepest single-day decline in five weeks and closing in on the... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369040/mainland-chinese-stocks-hit-13-month-low-tech-sell-hong-kong-market-holds?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369040/mainland-chinese-stocks-hit-13-month-low-tech-sell-hong-kong-market-holds?utm_source=rss_feed Mon, 28 Sep 2026 07:34:46 +0000 Zoe SL Chan Zoe SL Chan Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing to begin premarketing for a Hong Kong initial public offering (IPO) of more than US$100 million as early as this week, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) last week, clearing the final regulatory hurdle for a share sale in the city, the people said, requesting anonymity because the information is private. According to... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369017/xiaomi-backed-robotics-chip-designer-clears-hearing-eyes-us100m-hong-kong-ipo-sources?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369017/xiaomi-backed-robotics-chip-designer-clears-hearing-eyes-us100m-hong-kong-ipo-sources?utm_source=rss_feed Mon, 28 Sep 2026 05:14:07 +0000 Zhang Shidong Zhang Shidong Several Chinese mutual funds investing in US stocks have warned investors about risks associated with hefty premiums to their net asset values, highlighting persistent demand for US equities even after Beijing expanded quotas for outbound investment. At least six fund houses, including China Asset Management, Hua An Fund Management and China Universal Asset Management, issued warnings last week after the market prices of some of their funds rose substantially above their net asset values,... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369001/china-fund-managers-warn-premium-risks-fresh-quotas-fail-ease-demand?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3369001/china-fund-managers-warn-premium-risks-fresh-quotas-fail-ease-demand?utm_source=rss_feed Mon, 28 Sep 2026 03:48:05 +0000 Zoe SL Chan Zoe SL Chan Beijing’s recent tightening of approvals for humanoid robot makers seeking initial public offerings (IPOs) poses no threat to companies with clear commercialisation strategies, as funding channels remain wide open for qualified players, according to Deloitte China. “Market funds are shifting from the ‘blind rush’ of the past to ‘fine screening’,” said Dick Kay, Deloitte China’s capital market services group national leader, at a press conference on Thursday. Investors and regulators now placed... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3368647/chinas-humanoid-robot-ipo-slowdown-no-threat-firms-genuine-strength-deloitte?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3368647/chinas-humanoid-robot-ipo-slowdown-no-threat-firms-genuine-strength-deloitte?utm_source=rss_feed Thu, 24 Sep 2026 09:08:50 +0000 Zhang Shidong Zhang Shidong A more than 1,700 per cent share-price surge by a new listing on the Shanghai Stock Exchange last week put a spotlight on a state-owned industrial compressor manufacturer, leading the bourse operator to intervene to curb speculative trading. ShenGu Group, a maker of centrifugal compressors in northeast China’s Liaoning province, grabbed headlines when its stock soared 1,216 per cent from its offer price two days after it began trading on September 17, with an intraday high on the second day of... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3368595/1700-share-surge-chinese-state-owned-compressor-maker-exposes-risks-new-listings?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3368595/1700-share-surge-chinese-state-owned-compressor-maker-exposes-risks-new-listings?utm_source=rss_feed Thu, 24 Sep 2026 04:02:26 +0000 Ann Cao Ann Cao US President Donald Trump has sold shares worth tens of millions of US dollars in major tech companies, including Microsoft, Amazon and Meta Platforms in July, a move that may reveal some of his views on the sector, especially as competition with China intensifies. Microsoft topped the list of sales transactions, with six trades totalling up to US$31 million, according to filings disclosed by the US Office of Government Ethics on Tuesday. The data detailed Trump’s trading activity in July,... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3368525/trump-offloads-tens-millions-ai-tech-shares-led-microsoft-amazon-meta?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3368525/trump-offloads-tens-millions-ai-tech-shares-led-microsoft-amazon-meta?utm_source=rss_feed Wed, 23 Sep 2026 12:30:07 +0000 Themis Qi Themis Qi Hong Kong’s securities regulator aims to include a yuan trading counter in a cross-border channel linked with mainland Chinese investors by July 1, marking the latest step in the city’s efforts to advance the internationalisation of the Chinese currency. The measure, announced on Wednesday, is part of a strategic action plan unveiled by the Securities and Futures Commission (SFC) to support the implementation of Hong Kong’s first five-year plan and the 2026 policy address presented by Chief... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3368537/hong-kong-sets-yuan-trading-timeline-backing-beijings-push-boost-currencys-use?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3368537/hong-kong-sets-yuan-trading-timeline-backing-beijings-push-boost-currencys-use?utm_source=rss_feed Wed, 23 Sep 2026 11:49:14 +0000 Zhang Shidong Zhang Shidong The global artificial intelligence trade is staging a comeback, as a confluence of falling oil prices, Meta Platforms’ launch of a new agentic tool and anticipation surrounding the China-US leadership summit reignite investor interest in technology stocks. The Nasdaq-100 Index – where tech firms make up nearly 70 per cent of the 100 companies featured – hit an all-time high on Tuesday, surpassing the previous record set in June. In Asia, China’s chip-heavy Star Market 50 Index and South Korea’s... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3368470/ai-trade-outlook-brightens-falling-oil-and-metas-muse-agent-ahead-xi-trump-meeting?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3368470/ai-trade-outlook-brightens-falling-oil-and-metas-muse-agent-ahead-xi-trump-meeting?utm_source=rss_feed Wed, 23 Sep 2026 05:02:40 +0000 Zoe SL Chan Zoe SL Chan Shenzhen Camsense Technologies, a maker of spatial sensors for robotic vacuum cleaners, launched a Hong Kong initial public offering (IPO) that aims to raise about HK$680 million (US$86.7 million), despite headwinds from Washington’s recent import ban on foreign-made vacuum robots. “The export and procurement for our existing client products remain normal, with potential disruption limited to new product development schedules,” Camsense co-founder Zhou Kun said about the ban’s impact. “We have... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3368466/chinese-maker-robot-vacuum-sensors-launches-hong-kong-ipo-undeterred-us-ban?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3368466/chinese-maker-robot-vacuum-sensors-launches-hong-kong-ipo-undeterred-us-ban?utm_source=rss_feed Wed, 23 Sep 2026 05:00:09 +0000 Daisy Wu Daisy Wu China is betting that patient capital, rather than quick trades, will define its next phase of growth – a wager that has taken on new resonance since Warren Buffett stepped down last week after growing Berkshire Hathaway into a US$1 trillion empire over six decades. And as global investors watch this week’s US-China leadership summit for any sign of easing friction, one question is whether Beijing’s version of Buffett’s value-investing legacy can help Wall Street regain its appetite for Chinese... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3368414/buffett-exits-can-china-win-back-wall-street-own-brand-his-winning-formula?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3368414/buffett-exits-can-china-win-back-wall-street-own-brand-his-winning-formula?utm_source=rss_feed Tue, 22 Sep 2026 23:00:06 +0000 Zhu Wenqian Zhu Wenqian US asset manager BlackRock has obtained Qualified Domestic Institutional Investor (QDII) status in China, making it the first wholly foreign-owned public fund manager to obtain the qualification, with more such developments likely as Beijing signals broader financial opening. This qualification allows firms to raise funds in China and deploy part or all of the proceeds for overseas securities investment management through asset portfolios. New York-based Neuberger Berman, another foreign-owned... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3368378/blackrock-gains-qdii-status-chinas-us149b-market-beijing-leans-opening?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3368378/blackrock-gains-qdii-status-chinas-us149b-market-beijing-leans-opening?utm_source=rss_feed Tue, 22 Sep 2026 09:00:12 +0000