China stocks Tag

17 Jan China will no longer lift all boats, so investors must place bets carefully, look across Asia: JPMorgan private banker

Posted at 01:30h in Asia

Holding cash is becoming less attractive, while select areas in China and bonds are becoming better investment opportunities, according to JPMorgan’s private banking head.Investors cannot ignore China, but they should be selective about their allocations going into the new year, according to Alex Wolf, managing...

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16 Jan Hong Kong stocks hover near 14-month low as cautious investors expect mixed China economic data

Posted at 02:31h in Asia

Hong Kong stocks declined for a third day before a key release of 2023 economic data that is expected paint a mixed picture for China’s recovery.The Hang Seng Index fell 0.2 per cent to 16,182.02 as of 10am local time to hover around a...

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10 Jan China stock catalysts seen lacking as economic woes run deep while Goldman bets on a 19 per cent rebound to end 3-year slump

Posted at 07:00h in Asia

China’s stock market suffers from a lack of positive drivers as the new year begins and Beijing’s support efforts are likely to keep falling flat amid persistent risks, according to analysts and money managers.Geopolitical tensions, China deflation and a possible US recession are seen...

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09 Jan Traders take cover by loading up on high dividend stocks as Chinese market makes worst start in two decades

Posted at 07:00h in Asia

Chinese investors have been taking shelter in high dividend stocks to ride out the market’s worst start to a year in more than two decades.The CSI Dividend Index of the 100 companies on the Shanghai and Shenzhen exchanges that have a good track record...

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08 Jan Outage at financial data provider Wind tests fragile sentiment in China’s onshore markets

Posted at 11:00h in Asia

Wind Information, China’s leading financial data provider, suffered a technical malfunction that denied access to a large swathe of its subscribers on Monday, causing some trading snarls in Asia’s largest market.The data provider notified some users that a glitch in its main network...

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08 Jan Chinese stocks’ darkest days may be over as earnings rebound, property recovery seen lifting gloom in 2024 – UBS

Posted at 09:00h in Asia

The worst may be over for Chinese stocks after three straight years of losses dealt a US$1.4 trillion wipeout, as a recovery in corporate earnings takes hold amid a ramp-up in policy support in the world’s second largest economy, according to Swiss bank UBS Group.An...

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05 Jan Hong Kong stocks set to cap loss in first week of 2024 on China growth concerns and US rate outlook

Posted at 02:38h in Asia

Hong Kong stocks were heading for a loss in the first week of 2024, as a slowdown in China’s growth and longer than expected policy tightening in the US dented sentiment.The Hang Seng Index fell 0.1 per cent to 16,637.83 as of 10am local...

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04 Jan Hong Kong stocks trade close to 2-week low as Fed minutes curb wagers on aggressive rate cuts

Posted at 02:43h in Asia

Hong Kong stocks hovered near a two-week low as the latest minutes from the Federal Reserve suggested interest rates would remain higher for longer, offsetting a report showing an improvement in China’s services industry.The Hang Seng Index fell 0.5 per cent to 16,563.38 as...

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03 Jan Alibaba, JD.com, Baidu drag Hong Kong stocks to 2-week low on jitters about China’s economy, US rates

Posted at 02:40h in Asia

Hong Kong stocks dropped to a two-week low as concerns about the strength of China’s growth persisted and optimism about an imminent cut in US interest rates faded.The Hang Seng Index fell 1.1 per cent to 16,595.60 as of 11.18am local time, heading for...

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02 Jan Hong Kong stocks make a dismal start to 2024 after China PMI report hints at sustained economic weakness

Posted at 02:40h in Asia

Hong Kong stocks make a dismal start to 2024 after China PMI report hints at sustained economic weaknessHong Kong stocks dropped on the first trading day in 2024 after an official Chinese manufacturing report showed a contraction for a third straight month in December.The...

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