Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.
Monthly Archives For October 2024
Dalal Street Week Ahead: Hyundai IPO, US retail sales, ECB interest rate decision, China GDP among 10 factors to watch
The market next week is expected to remain consolidative and try to rebound with a fall in volatility. The market participants will focus on the September quarter earnings, Hyundai Motor India IPO, US retail sales,
Apple, Western Digital, and 3 Other U.S. Stocks to Play China Stimulus
However, lower interest rates and increased government spending won’t only help Chinese companies, Evercore ISI says.
Cyber Criminals Are Increasingly Helping Russia and China Target the US and Allies, Microsoft Says
Russia, China and Iran are expanding their partnerships with cyber criminals to conduct cyberespionage and cyberattacks against the U.S. and other nations, according to a new report from Microsoft …
26MW: China builds typhoon-proof monster wind turbine to power 55,000 homes yearly
Dongfang Electric has launched a new 26MW offshore wind turbine, the largest globally, designed for high wind speeds and typhoon resistance.
China shares flop on weak export data while Nvidia gives Japan a boost
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.
China Housing Ministry Plans Briefing After Beijing Vows Support
China’s housing ministry will hold a press briefing on Thursday, likely providing more details of measures to support the country’s slumping property sector and bolster economic growth.
China’s Cash Diplomacy Is Empowering the Euroskeptics to Test EU’s Limits
Slovakia’s prime minister is borrowing from Orban’s playbook — courting Beijing and Moscow to reduce his reliance on the European Union …
Nvidia Stock Falls Amid Report of U.S. Extending Cap on AI Chip Exports Beyond China
Nvidia stock was falling Tuesday. The chip maker may face more limitations on exports of its advanced artificial intelligence chips. U.S. government officials have discussed capping sales of advanced AI chips from the U.
As China’s Stimulus Hype Wanes, Beijing Reportedly Weighs $850B Special Treasury Bonds To Stimulate Economy And Tackle Local Debt
China is reportedly considering issuing 6 trillion yuan, approximately $850 billion, in ultra-long special treasury bonds over the next three years. This potential move aims to bolster the nation’s …
This Chinese EV maker is up for a battle with Elon Musk in China
Xpeng co-president Brian Gu said the Guangzhou-based EV startup was keen to see how its autonomous driving technology shapes up to Elon Musk’s.
China’s Economy Set to Grow 4.8% in 2024, Missing Target: Reuters Poll
BEIJING (Reuters) – China’s economy is likely to expand 4.8% in 2024, undershooting the government’s target, and growth could cool further to 4.5% in 2025, a Reuters poll showed, maintaining the …
China as aerospace power: A ‘weakness’ that Beijing aims to address
China’s leading scientific institute laid out an ambitious plan Tuesday to become a global leader in space science by 2050
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