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16.12.25 - 11:06
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MetaX set for Shanghai debut amid market frenzy over AI chip stocks, Nvidia uncertainty (SCMP)
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Chinese artificial intelligence chip designer MetaX Integrated Circuits will make its trading debut in Shanghai on Wednesday, according to a filing late on Monday, more than a week after industry peer Moore Threads Technology's stellar listing on the city's Star Market.
Founded in Shanghai in September 2020 by former engineers at Advanced Micro Devices, MetaX priced its initial public offering at 104.66 yuan per share, which was expected to raise 4.2 billion yuan (US$596 million) from the sale......
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16.12.25 - 03:48
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Hong Kong stocks hit 3-week low as China growth jitters dampen sentiment (SCMP)
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Hong Kong stocks slid to their lowest level in three weeks amid mounting concerns about China's growth prospects and as investors awaited a US jobs report that could influence the Federal Reserve's interest-rate policy.
The Hang Seng Index dropped 1.6 per cent to 25,230.70 as of 10.14am local time. The decline was broad-based, with all but eight stocks on the 89-member benchmark falling. The Hang Seng Tech Index fell 1.8 per cent.
On the mainland, the CSI 300 Index slipped 0.6 per cent and the......
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15.12.25 - 03:36
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Hong Kong stocks slide after China′s economic data shows growth running out of steam (SCMP)
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Hong Kong stocks fell on Monday after key economic data showed China's slowdown extended into November, raising fresh questions about the sustainability of a nearly 30 per cent market rally this year.
The Hang Seng Index declined 0.9 per cent to 25,744.60 as of 10.12am local time. The Hang Seng Tech Index dropped 1.7 per cent. On the mainland, the CSI 300 Index slipped 0.1 per cent and the Shanghai Composite Index retreated 0.2 per cent.
Chinese search engine operator Baidu slid 3 per cent to......
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12.12.25 - 02:24
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China Shares May End Losing Streak (AFX)
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BEIJING (dpa-AFX) - The China stock market has moved lower in three straight sessions, slipping more than 50 points or 1.3 percent along the way. The Shanghai Composite Index now sits just above t......
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11.12.25 - 09:24
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Aktien Asien: Oracle-Zahlen belasten Technologiewerte (DPA-AFX)
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TOKIO/SHANGHAI/HONGKONG/SYDNEY (dpa-AFX) - Asiens Aktienmärkten haben am Donnerstag mehrheitlich geschwächelt. Lediglich die australische Börse stemmt sich mit leichten Gewinnen gegen den Trend.Die US-Notenbank hatte mit ihrer Zinssenkung ......
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11.12.25 - 03:30
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Hong Kong stocks advance on China stimulus bets and Fed interest rate cut (SCMP)
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Hong Kong stocks rose on Thursday as investors bet on fresh stimulus ahead of the Central Economic Work Conference (CEWC), while sentiment was supported by the Federal Reserve's rate cut and chair Jerome Powell's optimism that the US economy will strengthen as the inflationary impact of tariffs fades.
The Hang Seng Index rose 0.6 per cent to 25,689.86 at 10am local time. The Hang Seng Tech Index fell 0.3 per cent. On the mainland, the CSI 300 Index dropped 0.2 per cent and the Shanghai Composite......
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