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22.05.26 - 16:54
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China AI firms Zhipu, MiniMax to join Hong Kong′s Hang Seng Tech Index (SCMP)
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Chinese AI firms MiniMax Group and Knowledge Atlas Technology – better known as Zhipu AI – will join the Hang Seng Tech Index next month.
Their inclusion follows investor criticism that the city's primary technology gauge has underperformed by missing out on the global artificial intelligence boom.
Concurrently, Shanghai-based courier J&T Global Express, lightweight metal giant Aluminum Corp of China and Beijing-founded global drug firm BeOne Medicines will join the benchmark Hang Seng Index.......
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22.05.26 - 03:30
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China Shares May Stop The Bleeding On Friday (AFX)
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BEIJING (dpa-AFX) - The China stock market has finished lower in back-to-back sessions, tumbling more than 90 points or 2.2 percent in that span. The Shanghai Composite Index now sits just above t......
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20.05.26 - 11:00
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China′s stocks have upside room as liquidity and earnings grow, JPMorgan says (SCMP)
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Chinese stocks have potential upside this year, as liquidity remains supportive and expectations about earnings growth have improved, according to JPMorgan Chase, the biggest bank in the US by market capitalisation.
Overseas investors have unwound their underweight positions on China's yuan-denominated shares, and margin trading was at a reasonable level to prop up the market, said Erin Zhang, an equity strategist at JPMorgan, at a briefing in Shanghai on Wednesday. The companies on the MSCI......
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19.05.26 - 03:24
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China Shares Tipped To Open In The Green (AFX)
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BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, sinking more than 100 points or 2.5 percent along the way. The Shanghai Composite Index now sits just abov......
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18.05.26 - 13:06
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CXMT′s blowout earnings outlook fuels rally in Chinese memory chip stocks (SCMP)
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Chinese memory chip stocks rallied on Monday after ChangXin Memory Technologies (CXMT) disclosed sharply stronger first-quarter results and an upbeat first-half outlook in its updated listing prospectus, as the global memory shortage boosts China's semiconductor supply chain.
GigaDevice, a chip designer and CXMT shareholder, rose 6.57 per cent on Monday to close at 400 yuan per share, taking its gain over the past month to more than 40 per cent. In Hong Kong, GigaDevice shares rose 8 per cent on......
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18.05.26 - 12:18
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Weit hinter Erwartungen: Chinas Wirtschaft schwächelt überraschend (N-TV)
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Nach einem starken Jahresauftakt gerät der Motor der zweitgrößten Volkswirtschaft ins Stocken. Das Wachstum der Einzelhandelsumsätze in China kommt fast zum Erliegen und auch die Industrieproduktion verliert an Fahrt. Ökonomen sehen vor allem ein zentrales hausgemachtes Problem als Ursache... --- Ökonomen sehen derzeit vor allem die schwache Binnennachfrage als zentrales Problem. Besonders deutlich zeigte sich die Zurückhaltung der Verbraucher auf dem Automarkt: Die inländischen Autoverkäufe brachen im April um 21,6 Prozent ein und verzeichneten damit den siebten monatlichen Rückgang in Folge..
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