More foreign property investors in the Greater Bay Area are likely to sell off assets this year amid lingering uncertainties in the real estate market in mainland China. Analysts attributed the expected sales to escalating geopolitical tensions and lower investment yields as the area’s commercial property market is plagued with oversupply. Speculation about China Vanke’s…
Mayuresh Joshi, Head Equity, Marketsmith India, says in the Indian context, a large part of expectations or consensus of the market is there might be a token rate cut with the food inflation expected to head lower in the next couple of months and therefore, a token rate cut not ruled out in February. Outside…
China should focus on developing original technologies and scientific knowledge and leverage the expertise of scientists returning from the United States, according to a top Chinese-American mathematician. Yau Shing-Tung retired from Harvard University in 2022 to teach at Tsinghua University and help China become a maths powerhouse. He said many ethnic Chinese students had been…
It is known as the “smartphone king of Africa” and for years has dominated the continent’s mobile phone market. But now, Shenzhen-based Transsion Holdings is facing some stiff competition from rival Chinese brands. Transsion is the company behind phone brands including Tecno, iTel and Infinix, which won over African customers with features such as multi-SIM…
Hong Kong stocks traded near a three-week high as investors weighed the prospect of stimulus measures from Beijing against the backdrop of heightened trade tensions. The Hang Seng Index rose 0.4 per cent to 19,819.62 as of 11.18am local time after falling as much as 0.7 per cent. The Hang Seng Tech Index climbed 0.5…
Oil prices have been boosted by geopolitical tensions after Russian President Vladimir Putin said the conflict with Ukraine had characteristics of a ‘global’ war (Vyacheslav PROKOFYEV) Most Asian markets gained Friday after a bounce on Wall Street, while bitcoin continued its march higher to move within touching distance of the $100,000 mark. Rising geopolitical tensions…
Geopolitical tensions are spooking stock futures (ES=F, NQ=F, YM=F) Tuesday morning after President Biden authorized a Ukrainian airstrike on Russia. Walmart (WMT) raised its full-year outlook after topping its third quarter earnings estimates, which saw same-store sales grow by 5.5%. Also reporting earnings, home improvement retailer Lowe’s (LOW) may have beat estimates, but the stock…
We recently compiled a list of the 8 Unstoppable Stocks That Could Make You Richer. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other Unstoppable Stock That Could Make You Richer. Navigating Volatile Equity Markets In the current climate of extreme market volatility, finding safe…
Hong Kong’s leader has warned that the United States will ultimately “reap what it sows” with its plan to clamp down on outbound investment in China’s semiconductor, quantum technology and artificial intelligence industries. Chief Executive John Lee Ka-chiu also said on Tuesday that the move by Washington was not only harmful to others but also…
Ahead of his policy address on Wednesday, Hong Kong Chief Executive John Lee Ka-chiu has been consulting the community on the best way forward to improve the economy and people’s livelihood. The consultations also underline growing public expectations on the administration to explore new avenues of growth under the national development framework and resolve the…