stock market Tag

22 Feb A Bathing Ape’s main shareholder CVC Capital closes its 6th and largest Asia fund, shrugging off global economic woes

Posted at 12:45h in Asia

Private equity firm CVC Capital Partners said it has closed its sixth and largest Asia fund to date, shrugging off a challenging geopolitical and macroeconomic environment that has put a dent in fundraising and led many global fund managers to cut their exposure to the...

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22 Feb Opinion | Why Magnificent Seven US tech stocks are the bubble that won’t burst

Posted at 11:30h in Asia

It is hard to overstate the importance of this septet. With the exception of Tesla, all the companies figure among the world’s top seven firms by market capitalisation. Moreover, the group’s combined weighting in the S&P 500 is 29 per cent while its share of...

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18 Feb China stocks primed for bullish reopen after upbeat tourism data

Posted at 05:00h in Asia

Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data seen bringing much-needed relief to one of the world’s worst-performing major markets.With trading in mainland China shut February 9 through 16,...

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15 Feb Opinion | China’s stock market has little to fear from Trump presidency – unlike the US

Posted at 11:30h in Asia

This is not surprising, given Trump’s threat to revoke “most favoured nation” trade status for China and impose a flat 60 per cent tariff on all Chinese imports. According to Bloomberg, that would slash the proportion of US imports coming from China – the...

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07 Feb Opinion | Here’s how corporate leaders can boost Hong Kong’s moribund stock market

Posted at 01:30h in Asia

So, what’s wrong with the Hong Kong market? Compared to the late 1990s, Hong Kong companies have stronger balance sheets, greater global competitiveness, and a more stable currency regime. Looking at the 850 largest companies in Hong Kong, our analysis reveals that about half have...

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27 Jan Wilting fortunes: Wong Kar-wai’s Blossoms Shanghai drama series offers stock investors painful reality check on past glory

Posted at 02:00h in Asia

“It is all tears and sorrow now, when people like me look back at the stock market,” said Lu Shunxi, a stock punter since trading first began in Shanghai in November 1990. “The birth of China’s stock market gave an opportunity to novice investors who...

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23 Jan China’s premier Li Qiang orders authorities to attract long-term capital to stabilise stock market

Posted at 01:28h in Asia

China’s premier Li Qiang orders authorities to attract long-term capital to stabilise stock marketChina’s premier Li Qiang ordered authorities to find ways to attract long-term investors into the country’s capital markets, after the stock indices in Shanghai, Shenzhen and Hong Kong plumbed fresh lows.The State...

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14 Jan China price wars help spark US$157 billion rout in mainland consumer stocks as Alibaba, Yum China and BYD drag the market

Posted at 08:17h in Asia

Gauges of consumer stocks have been the worst performers on the MSCI China Index since the end of September, after the real estate measure. The aggregate market value of companies included in the two consumer indexes has fallen by about US$157 billion since.Consumer stocks...

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04 Jan Opinion | Why investors in emerging markets can’t easily abandon China

Posted at 09:30h in Asia

Yet, it is the performance of emerging-market equities that is more striking. The MSCI Emerging Markets ex China Index, which monitors stocks in developing economies other than China, surged 17 per cent last year despite mounting concerns about China’s economy.What is more, the assets held...

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04 Jan Opinion | China recovery, Trump victory: 5 myths investors must beware in 2024

Posted at 06:30h in Asia

Myth 1: Interest rates will fall. This is a myth because the US Federal Reserve has no reason to cut rates. The current US economy displays interest rates, inflation, growth and unemployment all around 3-5 per cent, making lower rates unnecessary. Higher rates are...

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