Largest Southbound Connect Buying Ever In Hong Kong; Alibaba And Tencent Significant Benefactors

Largest Southbound Connect Buying Ever In Hong Kong; Alibaba And Tencent Significant Benefactors

CLN KraneShares Key News Asian equities experienced another deep drawdown, except for Hong Kong, Mainland China, and Thailand, as the Philippines missed the fun due to “Araw ng Kagitingan,” which celebrates the heroism of Filipino and American soldiers in World War II. This morning, China’s government reciprocated the U.S. government’s tariff increase by increasing tariffs…

Read More
Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term pressure on the yuan, according to investment bank China International Capital Corporation (CICC). In the past, depreciation was largely driven by a wide interest rate differential between the US dollar and the yuan, which prompted…

Read More
China Tech Rally Continues, Week In Review

China Tech Rally Continues, Week In Review

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…

Read More