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In China, a four-day meeting among the top leadership of the Chinese Communist Party was the center of attention. In the U.S., the November elections and the worsening pandemic dominated. Market players responded favorably to tech stocks as many of the long-term goals l...
The S&P 500 has fallen 8% from peak to trough in October. In my previous article, I warned that a strong Dollar and fragile oil prices could hurt risk sentiment. The US Presidential elections have been slated as an event risk. Rightly so, but I argue that the outcome will have lit...
Social commerce is emerging as a new growth area in China’s e-commerce market. Social commerce expected to grow faster than overall e-commerce. Pinduoduo and Tencent among beneficiaries. For further details see: China Social Commerce - Next Wave Of Growth
360DigiTech operates a platform through which it extends and facilitates financing in China. Its ties with Qihoo 360, commercial bank KCB, and its top of the line technology make it a strong contender in the fast-growing Chinese fintech space. Despite this, the stock trades at a h...
U.S. Magistrate Judge Laurel Beeler won't reverse her decision that prohibits the Justice Department from banning Tencent's ([[TCEHY]],[[TCTZF]]) WeChat from U.S. app stores.Last week, Judge Beeler said she was unlikely to allow the ban to proceed while the Justice Department appeals the deci...
Mainland and Hong Kong markets started the week bullish with the anticipation of positive policy developments from the Chinese president's tour of southern China. A discussion of the share price fluctuations for the key holdings of the KWEB ETF. An argument that the moves mad...
U.S. Magistrate Judge Laurel Beeler said in a hearing today that she's unlikely to let the U.S. ban Tencent's ([[TCEHY]],[[TCTZF]]) WeChat while the government appeals her preliminary injunction.The Justice Department separately asked the U.S. Court of Appeals in San Francisco to put the...
Asian markets cheered President Trump's prompt recovery from his coronavirus infection and his subsequent release from the hospital. Broadly positive travel and consumer spending data of the Chinese amid their Golden Week holiday and the steady China services activity index for Septem...
The company is the largest online streaming gaming platform in China. That is because it has plenty of rich and dynamic content and a quick-n-easy mobile payment system. A pending merger proposal with DoyYu, made by TenCent (which owns significant stakes in both companies), is a p...
The global autonomous vehicle [AV] market demand is expected to reach 4.2 million units by 2030, expanding at a CAGR of 63.1% from 2020 to 2030. AV revenues will be spread across several areas such as the software developers, hardware developers, the EV companies selling EV fleets, an...
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Cutting-edge technologies at Hong Kong tech fairs attract over 66,000 buyers worldwide HONG KONG, Apr 16, 2023 - (ACN Newswire) - Hong Kong showcased its strengths in innovation and technology (I&T) at a series of innovation and tech fairs, including the first-ever InnoEX co-org...
Inaugural InnoEX kicks off today HONG KONG, Apr 12, 2023 - (ACN Newswire) - The first-ever InnoEX, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), which is running in conjunction with the...
Inaugural InnoEX promoting Hong Kong's Innovation and Technology Development HONG KONG, Mar 28, 2023 - (ACN Newswire) - Innovation and technology (I&T) play an important role in Hong Kong's development blueprint, especially in the growing demand for smart city technologies and a...