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07.08.26 - 07:42
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Global AI trade revival brightens outlook for Chinese tech stocks after record sell-offs (SCMP)
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The outlook for Chinese technology stocks has improved after a sharp monthly sell-off, as the global rebound in the artificial intelligence trade regains momentum, speculative positions are flushed out and falling oil prices ease fears of monetary tightening.
The tech-heavy Star Market 50 Index, which features major chip manufacturing companies on the Shanghai Stock Exchange, is on track to close the week up by about 6 per cent. This partial recovery follows a 26 per cent slump in July, its......
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07.08.26 - 03:30
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China Stock Market May Run Out Of Steam On Friday (AFX)
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BEIJING (dpa-AFX) - The China stock market has moved higher in three straight sessions, collecting more than 90 points or 2.5 percent in that span. The Shanghai Composite Index now sits just above......
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06.08.26 - 09:09
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Aktien Asien: Gewinnmitnahmen im Technologiebereich (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatisch-pazifischen Aktienmärkte haben am Donnerstag überwiegend nachgegeben. Dabei standen technologielastigere Börsen stärker unter Druck.Marktteilnehmer sprachen von Gewinnmitnahmen nach ......
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06.08.26 - 08:00
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Chinese fund managers′ pursuit of AI plays backfires as hot tech stocks wobble (SCMP)
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A shift to technology stocks by China's most seasoned fund managers has backfired, with the unwinding of AI plays taking a toll on the performances of their products.
Funds run by some star managers with a value-investing approach all recorded declines in net asset values last month after they switched to chipmakers and the manufacturers of optical transceivers and out of long-held consumer bets in the second quarter. Technology stocks listed in mainland China suffered their biggest monthly......
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06.08.26 - 03:30
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Rally May Stall For China Stock Market (AFX)
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BEIJING (dpa-AFX) - The China stock market has moved higher in back-to-back sessions, collecting almost 70 points or 1.9 percent in that span. The Shanghai Composite Index now sits just beneath th......
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05.08.26 - 14:36
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Chinese optical-module stocks rebound as analysts downplay ′mild′ AI curbs proposed by US (SCMP)
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Shares of China's leading optical-module makers clawed back early losses on Wednesday after analysts downplayed the impact of proposed US restrictions that could block the firms from future American AI data centres.
They noted that the rules would likely leave current supply chains intact and face significant hurdles because of America's heavy reliance on Chinese manufacturing.
Zhongji Innolight ended the day down 7.3 per cent and 6.7 per cent in Shenzhen and Hong Kong, respectively, while......
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05.08.26 - 09:18
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Aktien Asien: Deutliche Gewinne im Technologiebereich (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatisch-pazifischen Aktienmärkten haben am Mittwoch zugelegt. Dabei setzten die technologielastigeren Börsen ihre Vortageserholung beschleunigt fort. Dagegen waren die Zuwächse in China und Australien überschaubarer....
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05.08.26 - 07:25
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Amid AI tumult, more Chinese investors seek haven in undervalued Hang Seng Index (SCMP)
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Mainland Chinese investors bought more Hong Kong stocks than they sold for a second consecutive month in July, rotating into the undervalued market to take shelter from the tumult in artificial intelligence-linked shares.
Onshore traders purchased a total of HK$62.9 billion (US$8.02 billion) worth of Hong Kong stocks through the cross-border Stock Connect programme last month, extending the HK$27.1 billion worth of buying in June, according to data compiled by the Hong Kong exchange. Z.ai,......
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05.08.26 - 05:54
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China′s stock market sees drop in new A-share, margin-trading accounts amid tech sell-off (SCMP)
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New account openings and leveraged trading in mainland China's stock market slowed in July as a global artificial intelligence-linked sell-off dented investor appetite following a positive first half of the year for technology shares.
The Shanghai Stock Exchange opened 2.66 million new A-share accounts in July, down 7 per cent from June, according to exchange data. That brought the cumulative tally for the January-to-July period to 22.82 million new accounts.
Margin trading activity painted a......
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