While Chinese stocks traded in Hong Kong climbed for a fourth straight month, derivatives wagers show investors are skeptical about the market. The Hang Seng China Enterprises Index has rebounded 23% from a low in April, and implied volatility for the gauge posted its lowest monthly average in four years. But compared with actual swings,…
LONDON (Reuters) -Owning big U.S. tech stocks is once again the most popular trade, according to BofA’s monthly fund manager survey, as upbeat earnings and improved sentiment towards the global economy send investors back into stocks. 45% of the 169 participants in August’s survey, who have $413 billion in assets under management, said they thought…
Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon. BYD Co.’s monthly sales have stagnated of late and with the summer months being a traditionally slower time for consumer purchases, that trajectory isn’t expected to reverse any time soon. Source link