category: Asia – Page 2 – Charm

Chinese Stocks Plunge As Stimulus Hopes Fade: Hong Kong Posts Worst Daily Decline Since October 2008 – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Cs news10 months ago07 mins

After weeks of soaring performance that positioned Chinese stocks among the best global performers year-to-date, a sharp selloff swept across Chinese markets overnight, with the Hang Seng Index in Hong Kong plummeting more than 9% on Tuesday. The massive drop marks the index’s worst single-day loss since October 2008, during the height of the global…

Chinese EV Stocks Li Auto, BYD, Nio To Benefit From Rebound: Analyst – BYD (OTC:BYDDF), Li Auto (NASDAQ:LI)

Cs news10 months ago04 mins

Macquarie Equity Research issued a positive outlook for the short-term Chinese EV market following a $142 billion (one trillion yuan) stimulus package. Analysts listed several positive catalysts, including new model launches, expanded margins due to operating leverage, the end of subsidies pulling demand forward, reduced discounting pressures and clarity on potential European Union (EU) tariffs,…

Ray Dalio Sees Potential For ‘Beautiful Deleveraging’ In Xi Jinping’s Economic Strategy For China

Cs news10 months ago10 months ago05 mins

In a recent LinkedIn post, billionaire investor Ray Dalio, founder of Bridgewater Associates, offered his insights on China’s economic future, suggesting the country stands at a critical juncture. What Happened: Dalio’s analysis comes in the wake of significant policy announcements by Chinese leadership, including President Xi Jinping and key economic bodies. Dalio highlighted three key…

China’s Tech Stocks Surge: What Top Investors Know That You Don’t – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Cs news10 months ago08 mins

Even though the Chinese stock market has been scrutinized extensively in the past couple of years, some investors have begun to realize that there is much more upside than apparent risk for Asia’s powerhouse. China’s technology sector has the lowest valuation in history compared to its American counterpart. Measured through the KraneShares CSI China Internet…