Hong Kong’s financial identity is entering a new chapter, shaped as much by strategic alignment as capital flows. By co-launching a US$1 billion investment fund with Saudi Arabia’s Public Investment Fund (PIF), the city is taking one of its most assertive steps yet to redefine Hong Kong’s financial identity in a rapidly changing global economy….
AI stock valuations raise bubble concerns amid sharp pullbacks Buffett Indicator signals overvaluation, surpassing dot-com bubble levels Nasdaq’s AI rally mirrors early dot-com bubble stages, lacks runaway optimism NEW YORK, Nov 21 (Reuters) – The biggest bout of volatility in U.S. stocks in months has revealed cracks in the artificial intelligence-related rally, raising questions about…
Published: Nov. 17, 2025 at 2:10 p.m. ET Cryptocurrency stockpiler Strategy might have an obstacle in its path to S&P 500 inclusion — in the form of an “elephant” currently residing in the S&P Small-Cap 600 index. That’s Stephens analyst Melissa Roberts’s term for Sandisk SNDK, the maker of storage devices whose red-hot stock in recent…
Oct 31 (Reuters) – Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping. Investors accumulated a net $10.58 billion worth of global equity funds, extending their…
Key News After the market closed overnight, the government released the “Recommendations of the Central Committee on Formulating the 15th Five-Year Plan for National Economic and Social Development”, which covered 15 key focus areas comprising sixty-one sub-areas. For investors, a few key points stood out: Accelerate high-level self-reliance in science and technology, and lead the…
Hong Kong gave nod to its first exchange-traded fund (ETF) that tracks the performance of the cryptocurrency token Solana, before the US, as the city aims to establish its status as a digital asset hub, according to a report by South China Morning Post. ChinaAMC (HK), the Hong Kong division of Chinese fund manager China…
Key News Asian equities were mixed overnight, as Hong Kong outperformed and Thailand underperformed. After an initial dip, growth stocks in Hong Kong climbed higher on robust volume, propelling the Hang Seng Tech Index to a four-year high as it closed above recent resistance. Concerned with Hong Kong outperforming and Thailand underperforming about missing the…
Michael M. Santiago/Getty Images 2025-09-29T18:07:16Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in….
Week in Review Asian equities were mixed for the week as Mainland China’s STAR Board and Pakistan outperformed, while the Philippines and India underperformed. Trump signed an executive order in support of the deal to have a consortium of US technology companies, including Oracle, purchase 80% of TikTok’s US operations and gain a license to…
Key News Asian Equities were mixed overnight as Mainland China’s STAR Market and Hong Kong’s Hang Seng Tech Index both outperformed, while Australia and India underperformed. Alibaba announced that it will raise $53 billion for AI investments over the next three years, which was cheered by investors. Alibaba continues to be an AI leader in…