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...
In the wreckage of China’s stock-market meltdown, Wall Street traders are making long-shot bets that officials in Beijing can stoke a recovery.Investors are finding moments to snap up options tied to US-listed exchange-traded funds that track Chinese equities, which have been whipsawed by Covid lockdowns,...
Breaking | Hong Kong’s Exchange Fund posts fourth best annual returns in 2023 on bond and overseas stock market rallies: HKMAHong Kong’s Exchange Fund, the war chest used to defend the local currency, rebounded strongly in 2023, as rallies in bond and overseas stock markets...
Chinese investors have ignored a warning from the issuer of the largest onshore exchange-traded fund (ETF) tracking the Japanese market, bidding the fund higher as they chase gains in the stocks.The China AMC Nomura Nikkei 225 ETF rose to the daily limit of 10 per...
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...
An on-demand delivery firm affiliated with Chinese e-commerce giant JD.com lost 46 per cent of its stock value in New York on Monday, following an inquiry into “suspicious” data during an internal audit, dealing a fresh blow to confidence in China’s tech stocks....
Among the trends and themes to watch this year, four warrant close attention. First, it is worth keeping an eye on Australia’s housing market. Not only did prices in the capital cities bounce back 8.1 per cent last year following a nearly 5 per...
“Many of them expressed interest in applying for residency in Hong Kong alongside their plans to set up family offices here. The trend will be a big boost for the city to develop into a global family office and wealth management hub.”Joseph Chan Ho-lim, Undersecretary...
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...
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...