Kevin Sneader: «Tech and Innovation in China is Alive» Investor interest in China is undergoing a major revival, according to Goldman Sachs’ Asia president Kevin Sneader, driven by the budding scene in its technology sector. Chinese equities are staging a rally in 2025 with the CSI 300 Index up 18 percent year-to-date and the Hang…
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs’ “small investment” of up to $1 billion in asset manager T. Rowe Price is aimed at giving investors broader access to private markets, CEO David Solomon said on Monday. Solomon was explaining the rationale for the investment announced last week, including their partnership to offer retail investors…
ANGELA WEISS / AFP 2025-09-04T09:35:01Z 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….
Chinese makers of smart electric vehicles (EV) will have to redouble their efforts over the next few quarters to stay on track to break even as the brutal discount war in the world’s largest vehicle market shows few signs of abating. From Nio to Xpeng and Zeekr, China’s EV start-ups have been reporting smaller losses…
Hong Kong’s home sales remained above the 5,000 level for the sixth consecutive month in August, further strengthening the view that the city’s residential property market may have bottomed out. A total of 5,291 homes were transacted last month, according to data from the Land Registry on Tuesday, continuing a run above 5,000 that started…
By Nell Mackenzie LONDON (Reuters) -Hedge funds remain hesitant about buying U.S. stocks at the outset of what is often a dour month for markets, even with a potential U.S. rate cut on the horizon, after becoming net sellers in August. More traditional investors also sold more U.S. stock than they bought, Lipper data shows….
China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown technologies after Washington revoked waivers for some foreign-owned chipmakers’ factories in China to use US technologies in their operations. The Chinese branches of South Korean chipmakers Samsung and SK Hynix, as well as Intel Semiconductor…
In the second instalment of the two-part series on the outlook for the Hong Kong and mainland Chinese stock markets, Zhang Shidong and Yulu Ao look at the catalysts that could underpin the rally. Read part one here. When Chinese stocks hit a 10-year high this week, Jian Shi Cortesi saw it as a sign…
Good morning. Your English teacher and your gym teacher are getting married, so I’m told. Yes, Taylor Swift and Travis Kelce announced their engagement yesterday with a carousel of photos. Both were clad in Ralph Lauren. You can see the NFL star pictured down on one knee and the pop singer’s diamond engagement ring (it’s…
The hottest company in China right now is Cambricon Technologies, an artificial intelligence chipmaker whose stock has surged about 10-fold over the past two years, driven by expectations that it could be a serious challenger to Nvidia in the mainland market. The frenzy over Cambricon, whose stock is trading at an eye-watering trailing 12-month price-to-earnings…