People participate in the AI Gallery at the Hong Kong Science Museum in Tsim Sha Tsui on Feb 5, 2026. (ANDY CHONG / CHINA DAILY) Equities in the Hong Kong Special Administrative Region have entered a consolidation phase following the rebound earlier this month, with economists and strategists expecting a more targeted and sector-driven rally…
Chinese equity markets rebounded on Monday after suffering steep losses last week, as signs of government-backed support helped restore investor confidence in traditional sectors. However, technology and semiconductor-related stocks continued to face selling pressure amid concerns over stretched valuations and the global retreat from AI-linked shares, Reuters reported. According to Reuters, the benchmark CSI300 Index…
Chinese equities tumbled on Friday, leaving the country’s benchmark indexes on course for their steepest weekly decline in two-and-a-half years, amid concerns that the massive IPO of memory chipmaker CXMT could siphon off market liquidity. According to Reuters, expectations of several more large domestic IPOs in the pipeline further dampened investor sentiment, particularly in the…
Hong Kong stocks dropped on Friday after four days of advances, as investors searched for fresh catalysts beyond expectations about a US interest-rate cut that reversed a tumble triggered by concerns about an artificial-intelligence bubble. The Hang Seng Index fell 0.2 per cent to 25,891.18 as of 11.13am local time. For the month, the benchmark…
Aug 19, 2025 According to a Reuters poll of market strategists, the S&P 500 is forecast to end 2025 at 6,300 points, a 2.3% decline from its recent level near record highs. This tempered outlook reflects ongoing investor caution over the economic impact of global tariffs and uncertainty surrounding Federal Reserve interest rate policy. While…
Chinese artificial intelligence (AI) stocks are expected to defy a slowdown across industries, as the mainland relies on the technology to boost business efficiency and revive economic growth, according to investors and analysts. Companies including Meituan and Xiaomi were set to benefit from a wave of AI integration that would transform business models, according to…