CLN KraneShares Key News Asian equities had a strong day on light volumes, except the Philippines, which was closed for Maundy Thursday, also known as Holy Thursday, commemorating the Last Supper. Hong Kong and Stock Connect are closed tomorrow and Monday. It was a fairly quiet night as Hong Kong rebounded by the same names…
CLN KraneShares Key News Asian equities experienced another deep drawdown, except for Hong Kong, Mainland China, and Thailand, as the Philippines missed the fun due to “Araw ng Kagitingan,” which celebrates the heroism of Filipino and American soldiers in World War II. This morning, China’s government reciprocated the U.S. government’s tariff increase by increasing tariffs…
CLN KraneShares Key News Asian equities were lower overnight following President Trump’s “Liberation Day” tariff announcements. Vietnam and Japan were hit hard, while Taiwan and Indonesia picked the right day to be closed. Hong Kong, Mainland China, and South Korea were all off, but quite resilient as all markets were down less than -2%. I…
CLN KraneShares Key News Asian equities mostly followed Wall Street lower overnight, except for Mainland China and Hang Seng Tech, as the Philippines and Singapore were hit the hardest. Yesterday’s market tantrum in the U.S. and China’s subsequent gains overnight, though Hong Kong was nearly flat overall, highlight the diversification benefits of owning China. Were…
CLN KraneShares Key News Asian equities were mixed but mostly lower overnight as the Philippines and Japan outperformed while Thailand and Hong Kong underperformed. Both Hong Kong and Mainland China underperformed the region and lost some of their strong gains from last week. However, Mainland investors bought the dip in Hong Kong intensively, pouring nearly…
When: January 11, 2025 Where: Tung Po, 2 Tsat Po Street, San Po Kong, Kowloon, Hong Kong What: The Indie Narrative Book Fest, Duk6 Duk6, returns for its third edition. This year, it expands to 10,000 square feet across two floors, housing more than 120 creative units, comics, workshops, talks and book signing sessions. Meet…
CLN KraneShares Key News Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed. Hong Kong-listed growth stocks were hit with profit-taking, triggered by President Donald Trump’s last Friday night release stating “The Committee on Foreign Investment in the United States (CFIUS) will be used to restrict Chinese…
CLN KraneShares Key News Asian equities were mixed but mostly higher overnight as Hong Kong and Mainland China outperformed and Indonesia and the Philippines underperformed. DeepSeek announced that it would be restricting access to its servers due to capacity constraints. This is interesting as, while its model was efficient and relatively cheap to develop, ever-increasing…
CLN KraneShares Key News Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains. I would have thought that a 10% tariff was expected or would have been cheered, as 10% is better than 60%, which is…
Visitors watch the Chinese New Year Edition of “Mickey & Friends Street Celebration” performance during the Hong Kong Disneyland Resort’s ‘Magical Year After Year’ at the Hong Kong Disneyland in Lantau Island on Jan 16, 2025. (ADAM LAM / CHINA DAILY) HONG KONG – Some industry players in Hong Kong’s tourism sector expect a bumper…