Divya Chowdhury

    China tech seen as dollar hedge, with focus on earnings, Fed

    DAVOS, Switzerland, Jan 23 (Reuters) – Lower valuations, government support and loose fiscal policy set against a cyclical backdrop in China is encouraging investors to rotate into ​technology and diversify away from the U.S., UBS fund managers told Reuters this ‌week in Davos, Switzerland. “We like China tech in particular because there’s some success there….

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    Line chart of Hang Seng Tech Index, rebased to 0 as of December 31, 2024

      Hong Kong’s IPO revival faces host of spoilers

      HONG KONG, Jan 5 (Reuters Breakingviews) – IPO fever has caught on in Hong Kong in a big way. On Friday, shares in Shanghai Biren Technology (6082.HK), opens new tab zoomed up 76% after the Chinese artificial intelligence chip designer raised more than $700 million in its initial public offering. That came three days after…

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