2024-06-24 | Industry Dynamics
The yuan’s drop to a seven-month low, coupled with significant cash outflows from mainland China to Hong Kong, indicates that Chinese domestic investors are losing hope for a quick recovery in their home markets and are instead seeking better returns in nearby markets. This shift is accompanied by a notable reversal in equity investment flows into China.
2024-06-10 | Industry Dynamics
During the upcoming G7 summit in Italy, led by Prime Minister Giorgia Meloni from June 13-15, U.S. officials anticipate that the group of seven wealthy democracies will issue a stern warning to smaller Chinese banks involved in aiding Russia circumvent Western sanctions.
2024-05-10 | Industry Dynamics
Today’s News Oil prices surged today as Chinese economic data showed improvement, while tensions between Israel and Hamas escalated, driving concerns about supply disruptions. Oil prices climbed on Friday, continuing their upward trend on signs of a strengthening Chinese economy and escalating tensions between Israel and Hamas. Brent futures rose by 37 cents to USD […]
2024-05-06 | Industry Dynamics
Today’s News Starbucks, once an American coffee giant, is encountering a new reality as its traditional market stagnates. With U.S. sales on the decline, the company is pinning its hopes on China’s burgeoning coffee culture, a market it helped introduce a quarter-century ago. However, the path forward is strewn with challenges as China’s coffee scene […]
2024-04-19 | Industry Dynamics
Today’s News According to three sources familiar with the matter, UBS is taking steps to streamline its China private funds business, including shutting down some funds and reducing staff by one-third as part of a cost-cutting measure. Out of the 19 private funds launched by UBS since 2016, up to 17 equity and bond funds […]
2024-03-20 | Industry Dynamics
Today’s News China has decided to maintain its benchmark lending rates at their current levels, a move that was widely anticipated by the market. This decision comes following the recent stability in the central bank’s key policy rate, amidst some signs of improvement in the overall economy. The significance of this decision lies in China’s […]
2024-02-08 | Industry Dynamics
Today’s News As Chinese stocks experience a relief rally in anticipation of the New Year holiday, market observers eagerly await Thursday’s release of the latest inflation figures, a critical determinant of whether the economy is making headway in breaking free from the clutches of deflation. Forecasts, however, present a mixed narrative. Year-on-year consumer price deflation […]
2024-01-29 | Industry Dynamics
Today’s News On Monday, a Hong Kong court has issued an order for the liquidation of China Evergrande Group, a decision poised to reverberate through the already fragile financial markets in China. Evergrande, recognized as the world’s most indebted developer with a staggering total liability surpassing USD 300 billion, significantly disrupted the struggling property sector […]
2024-05-10 | Industry Dynamics
