China stocks
The night is always darkest before the dawn. Although I am not entirely sure that it is now dawn for the Hong Kong market, I must admit that it has been a boon for those accumulating beaten-down Hong Kong blue chips. It would have been an easy 15% gain at least since the entire Hang … Read more
It has been a long time since the China and Hong Kong stock markets came alive. Shares of SenseTime, a leading artificial intelligence (AI) company in China, have jumped more than 100% in the past three days. Trading had to be halted as the share price moved too quickly. This spike in SenseTime’s shares follows … Read more
With the Covid 19 pandemic in the past and travel booming, China has emerged as a popular destination for travellers. Singaporeans have realised that China offers plenty of scenic destinations, good food, and is just a relatively short flight away (4-6 hours), all at relatively affordable prices. Many first-timers to China may feel apprehensive as … Read more
I know, the Fed turned hawkish yet again just recently. Everyone was in a jubilant mood – the stock market even more so when the Fed stopped hiking rates and hinted at a cut last year. While the sudden hawkish stance took most people by surprise, I am not too worried about it. Rates should … Read more
In the Chinese zodiac, 2024 is the year of the dragon. For stocks in China, some major global banks are forecasting a resurgence by China equities as the year of the dragon symbolises prosperity and good fortune. Here we look at a few themes that may rise in the year of the dragon. 1) Electric … Read more