TOPIC

/ company

Goldman Sachs

Goldman Sachs is a New York-based investment banking firm that engages in global investment banking, securities, investment management, and other financial services, primarily with institutional clients. Founded in 1869, the firm is recognised as one of the most prestigious institutions in the world, although its reputation has suffered after the financial sector drew fire since the global financial crisis.

Chairman / President

David Solomon

CEO / Managing Director

David Solomon

CFO / Finance Director

Lloyd Blankfein (Chairman and CEO)

Industry

Banking, Financial services

Website

GoldmanSachs.com

Headquarters address

200 West Street, New York, New York, U.S.

Stock Code

NYSE:GS

Year founded

1869

People walk on the North Bund with Shanghai’s Lujiazui financial district in the background. Photo: Reuters

China's economic recovery

China asks local governments to ‘intensify’ policy tweaks to boost consumption

Premier Li Qiang calls for more policy experimentation as retail sales remain weak, rising by just 0.4 per cent in August.

29 Sep 2026 - 5:04PMvideocam

ByteDance

ByteDance occupies one-fifth of China’s data centre capacity: SemiAnalysis

29 Sep 2026 - 10:03AM

Mainland China

PBOC pledges further opening-up to foreign financial institutions

22 Sep 2026 - 3:33PM

2026 Xi-Trump summits

Xi-Trump summit preview: what are the best and worst scenarios?

Tariff cuts or a new 7.5 per cent duty on China? Possible outcomes on the cards as leaders navigate a trade truce and a widening tech schism.

18 Sep 2026 - 8:30PMvideocam

Presidents Donald Trump and Xi Jinping arrive for a state dinner at the Great Hall of the People during Trump’s visit to Beijing in May. Photo: AP

Banking & finance

From US Fed rates to China’s global export share: 4 figures shaping markets

The US central bank raised rates for first time since 2023, Hong Kong followed and Goldman Sachs projects a sharp rise in Chinese firms’ global export share.

18 Sep 2026 - 3:00PM

Gold in Hong Kong

Gold rebounds after Fed rate rise as banks back long-term demand outlook

Investment banks say central bank purchases and demand from China and India should support bullion prices.

17 Sep 2026 - 4:20PM

Mainland China

China’s export share to reach 31% by 2035 as global expansion deepens: report

The report says the biggest opportunities favour ‘latecomers’ in fields such as robotaxis, e-commerce, surgical robots and power equipment.

15 Sep 2026 - 4:36PM

An AI-powered surgical robotic arm developed by Longwood Valley MedTech is demonstrated in Beijing, July 1, 2026. Photo: Xinhua

China stock market

Chinese traders hold collective breath ahead of Xi-Trump meeting

Hope for material results is slim, but investors remain wary of volatility as banks forecast ‘fragile detente’ will continue.

14 Sep 2026 - 3:30PM

Apple

Apple enters a crowded foldable smartphone market in China – can it beat Huawei?

The new iPhone Duo flagship handset is trending on Weibo but faces fierce domestic competition and local hurdles.

10 Sep 2026 - 3:13PMvideocam

Commodities

Oil prices near US$100 a barrel as Saudi oil facility attack raises supply risk

Geopolitical tensions and strikes on energy infrastructure are tightening supply expectations, threatening to push oil higher and curb China’s appetite for imports.

8 Sep 2026 - 5:51PMvideocam

The price of diesel is displayed at a petrol station in New York on Friday. The national average price of retail diesel hit a record high on Thursday as the cost of crude oil rebounded. Photo: Xinhua

Commodities

Bullish chorus grows: Wall Street backs gold despite US job growth, hawkish Fed

Record buying spree by central banks offsets Fed tightening fears, pushing gold towards US$5,000 by year-end, investment banks forecast.

7 Sep 2026 - 2:00PM

Gold is back in favour among investors even as expectations mount for higher US interest rates, which traditionally weigh on the metal. Photo: Reuters

Electric & new energy vehicles

In Focus | China’s EV makers see synergy in their race to beat Tesla in humanoid robotics

Robotics has supply chain synergy with smart EV production because key components like cameras and radar, as well as software, are in both.

7 Sep 2026 - 10:02AM

China energy security

Why are fuel and petrochemical prices rising far faster than crude?

Global refined-product exports were down 25 per cent year on year in August, with losses concentrated in Russia and the Persian Gulf, analysts say.

4 Sep 2026 - 9:00PMvideocam

Gold in Hong Kong

How Hong Kong can cash in as reserve managers rethink where to store gold

City in race to lure bullion custody as geopolitical risks intensify scrutiny of gold storage, Goldman Sachs report says.

4 Sep 2026 - 5:00PM

Where central banks store gold appears increasingly a growing priority for reserve managers, according to a Goldman Sachs report. Photo: Getty Images

China trade

China rejects G20 trade-imbalance claims, says no need to devalue yuan

Beijing ‘deeply regrets’ a consensus was not reached after opposing some of the language used, and China urges deficit countries to cut spending.

3 Sep 2026 - 3:53PM

Officers stand guard in front of the headquarters of the People’s Bank of China in Beijing. Photo: Reuters

Semiconductors

China’s AMEC unveils 6 chip-making machines in a day in self-reliance boost

A rapid R&D drive is powering the firm’s transition beyond its core business.

2 Sep 2026 - 5:29PMvideocam

Tencent

How Hy4 preview puts Tencent back in the top tier of open-source AI

On the DeepSWE benchmark, the Hy4 preview scored 64.3, surpassing Alibaba’s Qwen-3.8 Max at 56.6 and DeepSeek-V4 Pro at 62.7.

2 Sep 2026 - 5:37PM

Semiconductors

Making chip gear is the first step. Scaling it is China’s next big test

Industry leaders caution that the semiconductor equipment sector must now transition from technical viability to commercial reliability.

2 Sep 2026 - 1:52PM

A 12-inch silicon wafer on display at SEMICON China in Shanghai on March 25, 2026. Photo: AFP

Hong Kong stock market

Shein shares recover after 10% drop on Hong Kong debut

The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.

1 Sep 2026 - 5:30PMvideocam

China stock market

What’s driving the surge in foreign positions across yuan-traded Chinese stocks?

Foreign exposures to yuan-traded stocks jump by a third, with QFII data showing holdings surging to more than US$40 billion.

1 Sep 2026 - 12:41PMvideocam

China’s economic stimulus

China to speed up bond issuance after national meeting on investment: analysts

The fixed-income securities are to be used to fund national infrastructure and construction ventures to boost the economy.

31 Aug 2026 - 8:00PM

Women in Beijing’s central business district. Photo: EPA

Hong Kong stock market

Dovish or Hawkish? Markets await Warsh’s Jackson Hole debut for policy clues

Investors are watching closely for shifts in interest-rate and monetary policy during Friday’s symposium.

27 Aug 2026 - 4:17PM

US Federal chairman Kevin Warsh holds a press conference on July 29. Photo: Reuters

Semiconductors

China’s advanced chip deficit to shrink from 92% to 34% by 2035, Goldman says

The increase will be driven by aggressive capacity expansion at SMIC, China’s largest contract chipmaker, as well as improving yields.

24 Aug 2026 - 8:00PM

IPO

Shein seeks to raise up to US$1.76 billion in Hong Kong IPO

Based on maximum offer price, IPO would value online fast-fashion retailer at over US$27 billion.

24 Aug 2026 - 6:00PMvideocam

Banking & finance

End of the affair? How China and Wall Street, once so close, are drifting apart

Beijing once courted Wall Street’s titans, hailing them as ‘old friends of China’. But the relationship today is far frostier.

23 Aug 2026 - 6:00PM

Wall Street’s relationship with China has grown more distant in recent years. Photo: Reuters

Alibaba

What’s next for Alibaba as US$56 billion AI spending plan hits halfway mark?

Aggressive spending strains cash, but Alibaba’s AI cloud growth points to strong long-term returns, analysts say.

21 Aug 2026 - 7:24PM

The Alibaba cloud unit’s growth has not yet peaked, according to analysts. Photo: Shutterstock

Wealth management

Goldman Sachs upbeat on wealth outlook despite worries over China’s tax scrutiny

Robust fee growth tipped for Hong Kong, Singapore banks as mainland Chinese clients’ offshore allocations driven by diversification: report.

19 Aug 2026 - 6:00PM

China manufacturing

From solar to AI: why China may be entering its ‘Go Global 3.0’ era

As a new wave of Chinese firms captures global demand for hi-tech goods, a new report highlights a strategic shift towards AI hardware and robotics.

12 Aug 2026 - 8:00PM

Help preserve 120 years of quality journalism.

SUPPORT NOW

Goldman Sachs

China asks local governments to ‘intensify’ policy tweaks to boost consumption

Premier Li Qiang calls for more policy experimentation as retail sales remain weak, rising by just 0.4 per cent in August.

ByteDance occupies one-fifth of China’s data centre capacity: SemiAnalysis

PBOC pledges further opening-up to foreign financial institutions

Xi-Trump summit preview: what are the best and worst scenarios?

Tariff cuts or a new 7.5 per cent duty on China? Possible outcomes on the cards as leaders navigate a trade truce and a widening tech schism.

From US Fed rates to China’s global export share: 4 figures shaping markets

The US central bank raised rates for first time since 2023, Hong Kong followed and Goldman Sachs projects a sharp rise in Chinese firms’ global export share.

Gold rebounds after Fed rate rise as banks back long-term demand outlook

Investment banks say central bank purchases and demand from China and India should support bullion prices.

China’s export share to reach 31% by 2035 as global expansion deepens: report

The report says the biggest opportunities favour ‘latecomers’ in fields such as robotaxis, e-commerce, surgical robots and power equipment.

Chinese traders hold collective breath ahead of Xi-Trump meeting

Hope for material results is slim, but investors remain wary of volatility as banks forecast ‘fragile detente’ will continue.

Apple enters a crowded foldable smartphone market in China – can it beat Huawei?

The new iPhone Duo flagship handset is trending on Weibo but faces fierce domestic competition and local hurdles.

Oil prices near US$100 a barrel as Saudi oil facility attack raises supply risk

Geopolitical tensions and strikes on energy infrastructure are tightening supply expectations, threatening to push oil higher and curb China’s appetite for imports.

Bullish chorus grows: Wall Street backs gold despite US job growth, hawkish Fed

Record buying spree by central banks offsets Fed tightening fears, pushing gold towards US$5,000 by year-end, investment banks forecast.

.css-1f6sr3w{color:#727272;}In Focus | China’s EV makers see synergy in their race to beat Tesla in humanoid robotics

Robotics has supply chain synergy with smart EV production because key components like cameras and radar, as well as software, are in both.

Why are fuel and petrochemical prices rising far faster than crude?

Global refined-product exports were down 25 per cent year on year in August, with losses concentrated in Russia and the Persian Gulf, analysts say.

How Hong Kong can cash in as reserve managers rethink where to store gold

City in race to lure bullion custody as geopolitical risks intensify scrutiny of gold storage, Goldman Sachs report says.

China rejects G20 trade-imbalance claims, says no need to devalue yuan

Beijing ‘deeply regrets’ a consensus was not reached after opposing some of the language used, and China urges deficit countries to cut spending.

China’s AMEC unveils 6 chip-making machines in a day in self-reliance boost

A rapid R&D drive is powering the firm’s transition beyond its core business.

How Hy4 preview puts Tencent back in the top tier of open-source AI

On the DeepSWE benchmark, the Hy4 preview scored 64.3, surpassing Alibaba’s Qwen-3.8 Max at 56.6 and DeepSeek-V4 Pro at 62.7.

Making chip gear is the first step. Scaling it is China’s next big test

Industry leaders caution that the semiconductor equipment sector must now transition from technical viability to commercial reliability.

Shein shares recover after 10% drop on Hong Kong debut

The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.

What’s driving the surge in foreign positions across yuan-traded Chinese stocks?

Foreign exposures to yuan-traded stocks jump by a third, with QFII data showing holdings surging to more than US$40 billion.

China to speed up bond issuance after national meeting on investment: analysts

The fixed-income securities are to be used to fund national infrastructure and construction ventures to boost the economy.

Dovish or Hawkish? Markets await Warsh’s Jackson Hole debut for policy clues

Investors are watching closely for shifts in interest-rate and monetary policy during Friday’s symposium.

China’s advanced chip deficit to shrink from 92% to 34% by 2035, Goldman says

The increase will be driven by aggressive capacity expansion at SMIC, China’s largest contract chipmaker, as well as improving yields.

Shein seeks to raise up to US$1.76 billion in Hong Kong IPO

Based on maximum offer price, IPO would value online fast-fashion retailer at over US$27 billion.

End of the affair? How China and Wall Street, once so close, are drifting apart

Beijing once courted Wall Street’s titans, hailing them as ‘old friends of China’. But the relationship today is far frostier.

What’s next for Alibaba as US$56 billion AI spending plan hits halfway mark?

Aggressive spending strains cash, but Alibaba’s AI cloud growth points to strong long-term returns, analysts say.

Goldman Sachs upbeat on wealth outlook despite worries over China’s tax scrutiny

Robust fee growth tipped for Hong Kong, Singapore banks as mainland Chinese clients’ offshore allocations driven by diversification: report.

From solar to AI: why China may be entering its ‘Go Global 3.0’ era

As a new wave of Chinese firms captures global demand for hi-tech goods, a new report highlights a strategic shift towards AI hardware and robotics.

In Focus | China’s EV makers see synergy in their race to beat Tesla in humanoid robotics