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K-pop group Enhypen performs in Macau on January 26, 2024. Photo: Belift Lab

BlackRock’s AI is watching – and helping to make stock picks

How asset managers are exploring the use of artificial intelligence, while regulators including Hong Kong’s watchdog try to set guard rails.

How the idea to link up Asia’s 2 largest stock markets was born

Hong Kong stocks cap 6-day slide as China data fails to impress

Why Zeekr shares slumped in New York on news of Geely Auto reorganisation

Zeekr loses 24 per cent in New York trading after announcement of Geely Auto reorganisation plan.

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Billionaire founder Li Shufu is reorganising his EV empire amid stiffer competition at home and overseas. Photo: Xinhua

Editorial | Winners and losers with Hong Kong’s wind of change

While Hong Kong stock exchange for the first time traded normally through a typhoon No 8, the city’s popular horse racing took a hit.

Shanghai hedge fund Pinestone denies trade-secret theft charge against co-founder

US Attorney’s Office in Massachusetts indicted Xiao Zhang last month for stealing trade secrets while working for an unnamed US fund in 2021.

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Hong Kong stock market operates as normal during first-ever typhoon trading day

Turnover of HK$173.31 billion (US$22.2 billion) exceeds the 10-month daily average of HK$127.8 billion, but falls short of HK$184.66 billion a day earlier.

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Pedestrians walk past Exchange Sqaure in Central under the Storm Signal No.8. Photo: Sam Tsang

Hong Kong stocks cap longest losing run in 2 months on stimulus letdown

Investors have started to ‘lose confidence and patience’ as they wait for China to enact ‘whatever it takes’ measures, analyst says.

UBS cuts China stock forecast amid Trump tariff threat, weak stimulus

Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.

Tracker Fund turns 25 as Hong Kong eyes top ETF hub status in Asia

The Tracker Fund has mirrored the Hang Seng Index’s returns since inception, giving investors an indirect bet on a basket of benchmark stocks.

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A flashback to October 1999 when local investors lined up to subscribe to the biggest IPO in Asia outside Japan. Photo: AFP

Hong Kong stock benchmark drops below 20,000, surrendering stimulus gains

Hang Seng Index falls to lowest point since September 25, erasing a policy-induced rally that had added as much as 27 per cent.

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People walk past Exchange Square, home of Hong Kong’s bourse operator, on October 8, 2024. Photo: AP

China’s market regulator strikes positive tone as investors expect turbulence

CSRC boss Wu Qing urges securities firms and asset managers to enhance their capabilities and strengthen risk controls.

Investors look past debt clean-up plan as minister pledges more proactive policy

A number of market participants say there is reason to believe that more economic relief is on the way.

Hong Kong, China stocks weaken as Beijing policy move disappoints

Sentiment suffers with prospect of tariffs, slower global growth, rising inflation and potentially fewer Fed rate cuts, say Nomura analysts.

Screens show stock information outside Exchange Square in Central, Hong Kong, on February 15, 2024. Photo: Sun Yeung

Not ‘whatever it takes’: China’s stimulus strategy seen as long and intact

Beijing’s reluctance to use strong measures to rapidly turn tide of sluggish economy keeps markets, consumers and analysts waiting in wonder.

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Illustration: Brian Wang

Hong Kong futures slide after Beijing unveils plan for local government debt

In the regular session, the Hang Seng Index declined 1.1 per cent, but things went south after the close.

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Investors go ‘all in’ on Chinese shares linked to Tesla after Trump’s victory

Investors boost supplier stocks on expectations of Tesla growth based on CEO Elon Musk’s close ties to the president-elect.

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Macroscope | The most important part of China’s fiscal stimulus? Expectation management

As Beijing prioritises stability and development over reflation, investors must reconcile themselves to the realities of Chinese policymaking.

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People pass by a display board showing Chinese stock market movements on November 6, in Beijing, during the US presidential election. Photo: AP

Trump’s return is not all bad news for Chinese stock investors: analysts

Trump’s presidency is often associated with trade war and tariffs, while huge stock returns are overlooked.

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Hong Kong stocks erase drop on bets Beijing to boost and front-load stimulus

New data showed that China’s export growth surged to a 27-month high in October, rising 12.7 per cent from a year earlier.

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Wall Street stocks, bitcoin, US dollar soar following Trump win

However, concerns about inflation and higher interest rates emerged, leading to a decline in Treasury bond prices and European stock markets.

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A monitor shows a CNBC broadcast at the New York Stock Exchange after Republican Donald Trump won the US presidential election. Photo: Reuters

Hong Kong stocks slump as traders pare risky bets before US election results

Trump was three votes away from taking back the White House at press time; traders assess potential fallouts on global trade, financial markets.

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Pedestrians walk past an electronic screen displaying the Hang Seng Index on the US presidential election day in Central. Photo: AP

‘Haersi’ soars as Chinese traders punt on meme stocks in US election

A vacuum-flask maker rises and falls with polls favouring Harris, while an aviation software company gets a Trump bump.

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Hong Kong stocks rise for third day as Nongfu, SMIC surge on bullish China data

Latest reports showed China’s services sector and manufacturing activity expanded in October after Beijing’s stimulus blitz.

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ETFs are the hottest new products in Hong Kong’s roller-coaster rally

Net fund flows have surged 48 per cent year on year, with an ETF tracking the Hang Seng Index surpassing Tencent in daily volume.

A view of Connect Hall at Hong Kong Exchanges and Clearing in Central. Photo: Jonathan Wong

Rare earths in spotlight amid US-China tensions, Myanmar turmoil

Armed rebels have taken control of a mining centre, and the US election outcome could be anyone’s guess.

A molten rare earth is poured into a mould at a smelting workshop in China’s Inner Mongolia autonomous region. Photo: Reuters

Dollar drops as some US polls shift toward Kamala Harris

Investors walk back bets on Donald Trump winning the presidential election after weekend polls indicated Harris gaining ground.

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Hong Kong’s financial war chest posts record gain of US$28.8 billion

Lawmakers asked whether the fund could give more to address the government’s deficit, but HKMA’s CEO urged sticking with an existing formula.

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Stocks
Stock market action from around the world, with a focus on Hong Kong, China and the rest of Asia.
last updated:
9 September, 2024
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