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goldman sachs

Hong Kong may reap bonanza as China expedites approvals for offshore IPOs

by Anas Siddiqui
Hong Kong may reap bonanza as China expedites approvals for offshore IPOs

The scrum of companies waiting to list reflects the dynamism and scale of Chinese companies, he said. They absolutely aim to grow bigger and better, and we should strongly support …

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US retail sales tepid in May; manufacturing production surges

by Lionel Rogers
US retail sales tepid in May; manufacturing production surges

By Reuters Published Jun 19, 2024 U.S. retail sales barely rose in May and data for the prior month was revised considerably lower, suggesting that economic activity remained lackluster in …

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Chinese stocks poised for ‘another leg up’ after ‘healthy correction’: Goldman Sachs

by Anas Siddiqui
Chinese stocks poised for ‘another leg up’ after ‘healthy correction’: Goldman Sachs

Chinese stocks are set for another bounce following a recent consolidation, with a key meeting in Beijing next month set to inject more supportive measures into the market, according to …

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China’s EV makers return to fast lane helped by government subsidies tailwind

by Anas Siddiqui
China’s EV makers return to fast lane helped by government subsidies tailwind

China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a …

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China’s rescue balm fails to soothe housing pain as inventory overhang, poor sales rankle

by Anas Siddiqui
China’s rescue balm fails to soothe housing pain as inventory overhang, poor sales rankle

China’s ambitious rescue package for its crisis-hit property sector has impressed neither investors nor analysts, some of whom have lowered their forecasts as prices remain under pressure amid a mammoth …

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China needs to inject US$276 billion into property market to stabilise prices: Goldman Sachs

by Anas Siddiqui
China needs to inject US6 billion into property market to stabilise prices: Goldman Sachs

China needs to inject about 2 trillion yuan (US$276 billion) into its crisis-hit property market to mop up some 10 per cent of the housing inventory and stabilise property prices, …

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Hong Kong bankers get welcome lift from convertible bond frenzy

by Anas Siddiqui
Hong Kong bankers get welcome lift from convertible bond frenzy

When one door closes, another one sometimes opens. For bankers in Hong Kong, where big mergers and acquisitions and initial public offerings have largely stalled, convertible bond issues are very …

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Opinion | Why Chinese property stocks’ fortunes are finally looking up

by Anas Siddiqui
Opinion | Why Chinese property stocks’ fortunes are finally looking up

The persistent deterioration in the housing sector has “breached policymakers’ pain threshold, pushing them to step up housing easing and shift the strategic focus towards digesting existing inventory,” Goldman Sachs …

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Opinion | Why a second Trump term is a risk investors can’t afford to ignore

by Anas Siddiqui
Opinion | Why a second Trump term is a risk investors can’t afford to ignore

If this year’s US presidential election were held today, former president Donald Trump would probably win. While much can happen between now and November 5, things are not looking good …

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Malaysia’s 1MDB sues PetroSaudi executive, seeking US$1.83 billion

by Walter Watson
Malaysia’s 1MDB sues PetroSaudi executive, seeking US.83 billion

Troubled Malaysian state fund 1MDB has sued Petrosaudi International Ltd.’s executive Patrick Mahony for US$1.83 billion over a 2009 joint venture with the oil exploration firm. 1MDB, in its statement …

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