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China stock market

China’s market stabilising measures ‘steps in the right direction’ to end slump, UK fund manager Abrdn says

by Anas Siddiqui
China’s market stabilising measures ‘steps in the right direction’ to end slump, UK fund manager Abrdn says

China’s latest efforts to prop up the stock market are set to lift investor confidence and stock valuations, according to UK asset manager Abrdn. More policy consistency from the top …

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WuXi Bio, Lenovo sink as Hong Kong stocks’ 3-day rally cut short by rising US-China tensions

by Anas Siddiqui
WuXi Bio, Lenovo sink as Hong Kong stocks’ 3-day rally cut short by rising US-China tensions

Hong Kong stocks fell on Friday, snapping three days of gains, as investor sentiment soured amid concerns over deteriorating US-China relations and profit-taking after stellar gains this week. WuXi Biologics …

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Chinese biotech firms led by WuXi Biologics sink in Hong Kong as proposed US bill cites complicity with PLA

by Anas Siddiqui
Chinese biotech firms led by WuXi Biologics sink in Hong Kong as proposed US bill cites complicity with PLA

Chinese biotechnology companies slumped in Hong Kong by the most in nearly two years, after a US lawmaker proposed a bill to block US companies from doing business with them, …

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Hong Kong stocks extend rebound as Alibaba jumps 5% on insider buying, China vows more support to calm market

by Anas Siddiqui
Hong Kong stocks extend rebound as Alibaba jumps 5% on insider buying, China vows more support to calm market

Hong Kong stocks rose for a second day to a one-week high, fuelled by the biggest gain in Alibaba Group in two months, amid speculation about corporate insider buying. China’s …

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Hong Kong stocks surge from 15-month low as Premier Li Qiang signals ‘forceful’ measures to halt trillion-dollar market rout

by Anas Siddiqui
Hong Kong stocks surge from 15-month low as Premier Li Qiang signals ‘forceful’ measures to halt trillion-dollar market rout

Stocks in Hong Kong surged by the most in over two month after a US$1 trillion slump in market value this month prompted China’s premier Li Qiang to call for …

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‘Big mistakes’: Singapore hedge fund to shut after investors flee on wrong-way bets on China, Japan stock markets

by Anas Siddiqui
‘Big mistakes’: Singapore hedge fund to shut after investors flee on wrong-way bets on China, Japan stock markets

Singapore hedge fund Asia Genesis Asset Management is closing down its flagship macro fund as investors bolted after its managers made “big mistakes” and lost confidence following wrong-way bets on …

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Tencent, AIA pace Hong Kong stock slump, Hang Seng falls below 15,000 as China banks hold rates in snub to easing bets

by Anas Siddiqui
Tencent, AIA pace Hong Kong stock slump, Hang Seng falls below 15,000 as China banks hold rates in snub to easing bets

Hong Kong stocks slumped towards a 15-month low to pile on losses from a three-week rout, after China kept lending rates tied to mortgages unchanged, disappointing investors betting on measures …

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‘Why is China down again?’ Bewildered Hong Kong-based funds ask BofA Securities to explain stock losses

by Anas Siddiqui
‘Why is China down again?’ Bewildered Hong Kong-based funds ask BofA Securities to explain stock losses

Fund managers in Hong Kong appear to be baffled by the slump in Chinese stocks after the market’s worst start to a year since 2016. Some bearish investors wished they …

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Chinese stocks listed in Shanghai and Hong Kong have never been cheaper. Here’s why

by Anas Siddiqui
Chinese stocks listed in Shanghai and Hong Kong have never been cheaper. Here’s why

The fate of mostly Chinese companies represented on the Hang Seng Index in Hong Kong is far worse. Their average price-to-book value stood at 0.85 times on Wednesday, near the …

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Hong Kong stocks log second weekly loss, worst start to a year since 2016, as China deflation risk mounts

by Anas Siddiqui
Hong Kong stocks log second weekly loss, worst start to a year since 2016, as China deflation risk mounts

Hong Kong stocks logged a second week of decline in the market’s worst start to a year since 2016 on speculation that China’s policy support will not go far enough …

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