Chinese technology stocks fell sharply after US President Donald Trump introduced new restrictions on US investments in Chinese companies. The move has further increased tensions between the two biggest economies in the world, leading to concerns about financial and technological separation. The Hang Seng Tech Index dropped by as much as 4.4% on Tuesday, marking…
Global market: Amid fear of US President Donald Trump’s tariff barrier and trade war, most of the bourses in the Asian stock market are under pressure. Asian majors, Japanese and Indian stock markets have received the maximum beating as Japanese Nikkei has lost 1.35 per cent in YTD, India’s Nifty 50 index crashed around 4…
China’s consumer inflation accelerated for the first time since August, caused by a burst of household spending around the Lunar New Year holiday even as deflationary pressures persist. The consumer price index rose 0.5% in January from a year earlier, the National Bureau of Statistics said Sunday, compared with a 0.1% gain in the previous…
Jan 24, 2025 The Chinese stock market is witnessing a transformative shift as companies, encouraged by Beijing, ramp up share buybacks and distribute record dividends, according to Yahoo Finance. These efforts are designed to boost shareholder returns and instill renewed investor confidence in a market that has seen sluggish growth over the years. Data from…
Donald Trump’s return has cast a pall over China’s $10 trillion stock market, but for some money managers, the party isn’t yet over. Man Group and abrdn Plc are among those remaining bullish, counting on Beijing to deliver greater stimulus to offset the US president-elect’s tariff threats. The policy focus for 2025 will likely be…
Hong Kong’s exchange-traded fund (ETF) market is logging a record year thanks to the recent market rally, expanded inclusion in the cross-border Stock Connect programme and a series of new products, including Asia’s first pegged to virtual assets. Net fund flows of Hong Kong’s exchange-traded product (ETP) market, which includes ETFs and leveraged and inverse…
Every month, Mint’s Plain Facts section gives you an update on key global data to threads together the big developments worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it could affect India. This…
Taipei, Taiwan — China’s stock markets had a volatile day on Monday, showing mixed responses to the finance ministry’s latest fiscal policies, released during a closely watched briefing over the weekend. Hong Kong shares dropped 0.75% while its mainland peers rebounded, including the Shanghai Composite’s 2.07% gain, although the rally slowed. While some investors remained…
China’s central bank is moving ahead with a 500-billion-yuan swap facility to let securities, fund and insurance firms get liquid assets for their stock purchases. The establishment of the roughly $70.60 billion facility is part of a broader stimulus package introduced late last month by People’s Bank of China Gov. Pan Gongsheng to revive the…
TAIPEI, Taiwan — China’s stock rally resumed Tuesday after the weeklong National Day holiday but lost some steam on mainland markets after a press conference by the country’s economic planning agency disappointed hopes for more fiscal stimulus measures. In Hong Kong, the day ended with chunky losses of nearly 10%. Early in the day, the…