CLN KraneShares Key News Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed. Hong Kong-listed growth stocks were hit with profit-taking, triggered by President Donald Trump’s last Friday night release stating “The Committee on Foreign Investment in the United States (CFIUS) will be used to restrict Chinese…
CLN KraneShares Baidu Q4 Earnings Overview Baidu reported Q4 2024 financial results after the close in Hong Kong and before US markets opened this morning. Expectations going into the release were muted, especially following Founder and CEO Robin Li’s absence from President Xi’s historic private economy symposium attended by internet and technology entrepreneurs. In Li’s…
China, U.S., Hong Kong, Singapore: Trip.com’s Financial Report Looms : Will It Be a Travel Industry Lifeline or a Shock to…
CLN KraneShares Key News Asian equities were mixed but mostly higher overnight as Hong Kong and Mainland China outperformed and Indonesia and the Philippines underperformed. DeepSeek announced that it would be restricting access to its servers due to capacity constraints. This is interesting as, while its model was efficient and relatively cheap to develop, ever-increasing…
Tourists in Hong Kong are flocking to the 300-year-old village of Kuk Po for respite from the city’s frenetic pace Peter PARKS Text size Photos by Peter Parks. Video by Yan Zhao Tourists in Hong Kong are flocking to the 300-year-old village of Kuk Po, whose decaying mansions and reed fields offer a respite from…
CLN KraneShares Key News Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains. I would have thought that a 10% tariff was expected or would have been cheered, as 10% is better than 60%, which is…
SB19’s powerhouse vocal duo Stell and Justin recently took a well-deserved break from the P-pop stage for a fun-filled getaway in Hong Kong. After a year of incredible achievements, both as a group and as solo artists, the two P-pop idols made sure to unwind and enjoy their vacation with friends and family. They even…
“China today decided to restrict the personal freedom of Reuters’ correspondent in Peking as a reprisal for the ‘unjustified persecution’ of Communist reporters by the British authorities in Hongkong,” reported the South China Morning Post on July 22, 1967. “Peking Radio said the Chinese Government had told the correspondent, Mr Anthony Grey, that he would…
Text size President Joe Biden on Wednesday ordered a two-year extension of a program allowing Hong Kong residents living in the United States — many of whom fled repressive Chinese rule — to stay beyond the expiry of their visas. The extension, just weeks before the program was due to run out, was likely to…
CLN KraneShares Key News Asian equities had another rough night on light volumes as South Korea, India, Thailand, Indonesia, and the Philippines posted losses of -1% or more. Mainland China and Hong Kong posted modest losses on light volumes despite some intra-day volatility and some good news going into the session. Mainland media continued emphasizing…