HangSeng – Charm – Daily News

15th 5-Year Plan – AI & Tech Self-Reliance, AI & Tech Self-Reliance, AI & Tech Self-Reliance (Don’t Bury The Headline)

Cs news4 months ago07 mins

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…

Hang Seng Tech Hits 4-Year High, Remains -40% Below All Time High

Cs news4 months ago4 months ago06 mins

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…

Markets Correct On Pharmaceutical Tariffs & Technology Profit-Taking, Week In Review

Cs news5 months ago06 mins

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…

Technology Stocks Lead Markets On Alibaba AI Investment & Nvidia Partnership

Cs news5 months ago04 mins

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…

Hong Kong & Mainland China Grind Higher As Bessent Packs His Bags

Cs news7 months ago06 mins

CLN KraneShares Key News Asian equities delivered mixed performance overnight, as Vietnam outperformed on a trade deal, while Taiwan, South Korea, and Thailand all lagged amid the absence of new deals. News broke that Treasury Secretary Scott Bessent will travel to Stockholm to meet his Chinese counterparts, a potential signal of further thawing in US-China…

Electric Vehicle Stocks Fall As Investors Raise Funds For CATL’s Hong Kong Debut

Cs news9 months ago08 mins

CLN KraneShares April Economic Data Release New Home Prices Month over Month -0.12% Used Home Prices MoM -0.41% Property Investment Year-to-Date (YTD) -10.3% versus expectations -10% and March’s -9.9% Residential Property Sales YTD -1.9% versus March’s -0.4% Retail Sales +5.1% versus expectation 5.8% and March’s 5.9% Online Retail Sales +7.7% YTD YoY Industrial Production +6.1%…