Saudi Arabia’s Public Investment Fund and Michael Burry’s Scion Asset Management increased their holdings of Chinese large caps, while Singapore’s Temasek reduced its stock holdings.
Nio has launched a new electric vehicle brand – Onvo – targeted at China’s cost-conscious middle-income consumers amid fierce competition in the world’s largest EV market.
Bridgewater Associates, the world’s biggest hedge fund slashed its holdings drastically in the first quarter in a move may have been too hasty and caused it to miss out on the recent bull run.
Alibaba Group Holding’s primary dual listing in Hong Kong could open the doors for China’s 210 million investors to buy a stake in the US$400 billion behemoth.
Mainland China stock markets are on the back foot after US-China trade tensions rose following increased tariffs on imports of Chinese semiconductors, electric vehicles, steel and batteries.
Enhanced mechanism set to boost international investors’ confidence in the onshore bond market and further internationalise the yuan, according to industry experts.
Asian Investors represented more than 17 per cent of qualified foreign investor activity on the Saudi Exchange’s main market in the first quarter.
The small-business financing platform co-founded by former HKEX chief Charles Li Xiaojia said it is asking staff to invest in the start-ups it backs, confirming an online article that sparked widespread discussion on social media.
Prohibitive tariffs await Made in China electric vehicles bound for the US. Can the nation’s producers keep growing their sales and brand awareness without making inroads into the US and European markets?
Stocks retreated from the highet level since August, taking a breather after surpassing the 19,000-point level. Gains in tech leaders such as Alibaba and Tencent tempered losses among developers and casino operators.
Starwood Capital Group, one of the largest real estate investors worldwide, is part of a consortium of shareholders proposing to take Asian warehouse developer ESR Group private.
Sham article is almost identical to one debunked two weeks ago, featuring Hong Kong movie star Donnie Yen and US talk show host Jimmy Kimmel.
Enhancements aim to further open up China’s financial markets and strengthen Hong Kong’s status as an international financial centre.
Hong Kong is proving its resilience by defying some of its harshest critics. A surge in the local stock market over the past three months shows global investors are coming back.
The incentives will inject a dose of optimism and confidence in the capital markets, enhance cross-border trading schemes and boost the yuan, tax experts say.
Hong Kong stocks advance amid growing hopes of improved corporate earnings and policy support after tepid economic data over the weekend.
In an attempt to limit the impact of data showing foreign funds selling on market sentiment, Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local stocks through trading links with Hong Kong.
Two regions can revitalise historical connections through financial collaboration, but more understanding is needed, says a director with index provider MSCI.
The era of battery-powered cars has truly arrived, as EVs dominated the car show. While carmakers still displayed a lot of futuristic concepts, it was the ongoing price war that had people talking.
Valuable Capital, Hong Kong’s second-largest online broker, launched Sahm Capital in December, allowing users to trade in both Saudi and US markets.
Insurer has sold about 5.6 million HSBC shares, reducing its stake in the lender to 7.98 per cent from 8.01 per cent, according to an exchange filing.