Hong Kong

Investors weighed the implications of U.S., Israeli and Iranian strikes on Iran for?energy and the global economic system as they traded in the early Asian hours of Tuesday. MSCI's broadest Asia-Pacific share index outside Japan dropped 1%, extending losses for the second day. The drop was led by a 2.5% fall in Korean shares. Tokyo's Nikkei225 fell 0.8%. S&P 500 futures fell 0.2%. Rupal Agarwal, Asia quant strategy at Bernstein, Singapore, said: "Economic uncertainty was already elevated, and now with Iran conflict, geopolitical risks are expected to increase too." The last time these two factors spiked together was 2022, during...

The mood was gloomy in Friday's Asian trading session as fears about the?valuations of technology companies weighed down on shares, and Middle East tensions kept the energy markets on edge. Japanese shares fell along with Wall Street - despite what seemed to be a glowing report from AI sector leader Nvidia. The?yen? and U.S. Treasuries grew, while gold remained steady after a 2-day rise. A mediator for the U.S.-Iran nuclear talks, an Omani, gave a positive readout of the latest round. However uncertainty still hung on energy markets as there was no sign of any breakthrough that could avert a...

Asian stocks rose on Thursday, after Nvidia's upbeat results soothed concerns about AI-driven disruptions and rising costs. The yen, however, was weighed down by an uncertain rate outlook in Japan. Oil prices remained high due to lingering concerns about the escalating geopolitical tensions that could arise between the U.S. Nvidia forecasted first-quarter revenues above market expectations on Wednesday, betting that Big Tech would continue to spend on its AI processors. Investors were closely watching the result. It was a relief to see that companies weren't spending as much money on AI. This helped Japan's Nikkei reach a new record early...

Investors piled into what they deemed the safest bets on artificial intelligence, while the yen was still in the spotlight. In his State of the Union address, Donald Trump boasted of the stock market's?gains and claimed that "almost" all countries and corporations wanted to adhere to the tariff and investment agreements they had previously made with Washington. The financial markets did not react much to the speech. Futures markets showed a mildly optimistic start in the U.S. with S&P E-minis rising 0.07% and Nasdaq E-minis increasing 0.11%. The EURO STOXX futures rose 0.2%. The broadest MSCI index of Asia-Pacific stocks...

Investors doubled down on what is seen as the safest bet in artificial intelligence (AI) while the yen was the focus. Investors who have been shook by the volatility of recent months were also waiting for Donald Trump's State of the Union address on Tuesday night in Washington. Market participants are preparing for remarks that could cover everything from Iran to trade policies. Early trading saw MSCI's broadest Asia-Pacific share index outside Japan?up?1% higher. Japan's Nikkei set a record high. In early trading, it was up 1.1% to 57,956.92 after reaching an intraday high of 58.047.89. The Topix index as...

The global stock market fell for a second consecutive day on Tuesday. This was due to a variety of factors, including uncertainty about President Donald Trump's policy on tariffs, geopolitical tensions, and a renewed concern over the economic upheaval caused by artificial intelligence. The president announced that a 10% levy would be applied across the board after the Supreme Court declared Trump's emergency tariffs illegal?on?Friday. Effect on Tuesday . Trump said that the tariffs would be 15% but it wasn't clear when or if this would apply. Trade partners and investors are unaware of the status of many tariff agreements,...

After a shaky start, Asian stocks stabilized after Tuesday's wobbly start. A fresh AI-related selloff on Wall Street shook investors. Investors were also affected by increased?anxiety about U.S. president Donald Trump's policy on tariffs and heightened geopolitical tensions. MSCI's broadest Asia-Pacific share index outside Japan is on track for a seven-day rally. It advanced 0.4%, as benchmarks in Taiwan & South Korea reached their highest levels ever. Nikkei 225 in Tokyo rose by 0.8%, while China's CSI300 gained 1.3%. The markets were playing catch-up following a holiday. S&P 500 futures rose 0.3%. The Nasdaq Composite fell 1.1% overnight, as investors...

The Asian stock market stumbled in the early hours of Tuesday's trade as investors were rattled by a selloff on Wall Street overnight. MSCI's broadest Asia-Pacific share index outside Japan reversed from gains to losses after a six-day rallies. It was down by 0.2% at the end of last week, with South Korea leading the declines. Nikkei gained 0.7% after the Japanese markets returned from a long holiday. S&P 500 futures e-mini were up by 0.1%. In a recent research report, Bernstein analysts wrote that the stock market's momentum has been "under pressure" due to increased concerns about?the AI Trade...

Wall Street futures, European stocks and gold rose on Monday amid confusion about U.S. Trade Policy. This was after President Donald Trump announced that he would impose a 15% tariff following the Supreme Court ruling against his global levies. As investors tried to understand the impact on major economies around the world, shares in Hong Kong rose on the belief that U.S. Tariffs on China may fall. The U.S. Supreme Court ruled against Trump's emergency tariffs Friday. This led the president to announce a 10% tariff on the rest the world. He then increased it to 15% the following day....

Wall Street futures, and the dollar, slid Monday due to confusion about U.S. Trade Policy. This was after President Donald Trump's new 15% tariff as a result of the Supreme Court ruling against his sweeping approach on trade levies. Gold rose along with other'safe-haven' currencies such as the Japanese and Swiss Francs. European stock futures fell as investors tried to understand the implications of the global economy, but shares in Hong Kong rose on the assumption that U.S. Tariffs on China may fall. The U.S. Supreme Court ruled against Trump's emergency tariffs Friday. This led the president to announce a...

Wall Street futures, and the dollar, fell in Asia on Monday as confusion over U.S. Tariffs revived "sell America", while the tech-diva Nvidia's results this week will test the confidence of the AI sector. Gold prices rose and oil prices eased as the world prepares for another round of negotiations between the United States and Iran, which will take place in Geneva on Friday. The risk of U.S. strikes remains if no deal is reached. After the U.S. Supreme Court ruled against President Donald Trump's emergency duties, uncertainty loomed. He announced a new rate of 10% on the rest, but...

Investors waited on Monday for clarity about U.S. Tariffs. Meanwhile, the tech-diva Nvidia's results this week will test the confidence of the AI industry. The oil prices fell ahead of the next round of "talks" between the United States of America and Iran, which are scheduled to take place in Geneva on the Thursday. If a deal cannot be reached, the United States could launch military strikes. After the U.S. Supreme Court ruled against President Donald Trump's emergency duties, confusion grew. He announced a new 10% tariff on the rest, but then raised it to 15%. Rodrigo Catril is a...

Hong Kong's?Census and Statistics Department?data on Friday showed that China's net gold imports through Hong Kong rose by 68.7% compared to December. Data showed that the world's top gold consumer imported 20.585 net metric tons of gold in January. This is up from 12.205 tonnes in December. China is the largest gold buyer in the world. Its purchases can have a significant impact on global gold markets. Hong Kong's data might not be a complete picture of Chinese gold purchases, as it is also imported through Shanghai and Beijing. China's total gold imports via Hong Kong increased by 30.4% to...

As prices rebounded, India's gold?discounts widened the most in 10 months. Meanwhile, China's demand increased as its safe-haven appeal was reflected in the rising premiums of the bullion after the markets returned from Lunar New Year. Indian bullion dealers offer a discount This week, you can save up to $65 on official domestic gold prices - including 6% import duties and 3% sales taxes. Last week, the discount was up to $18. Retail buyers are not ready to purchase at these prices. "For many of them, current prices are just too high to afford," said Ashok JAIN,?proprietor at Mumbai-based wholesaler...

Hedging portfolios has been based on the same rules since decades. However, as technology, geopolitics, and trading have changed rapidly, it is time to update the rules. Old playbooks assumed stable relationships. Risk-off meant that bonds rallied. "Safe havens" cushioned withdrawals. Diversification could be left to autopilot. This assumption has proven to be unreliable. Portfolios that are resilient will be required as a result of rising leverage, shifting global alliances and technological disruption. To capture long-term capital preservation and growth, a more deliberate approach is needed. High-grade bonds are one of the most popular hedges. U.S. government debt and investment...

Muyuan Foods shares closed slightly higher on Friday in Hong Kong, following the world's largest pig breeder. raised HK$10.7 Billion ($1.4 Billion) in a share sale This is the largest city-wide event so far in this year. The shares of the firm opened at HK$39 per share, matching their initial offer, and ended 3.9% higher, at HK$40.52, after trading between HK$38.98 and HK$41.72, with 40.59 millions shares worth HK$1.63billion changing hands. The benchmark Hang Seng Index ended 1.2% lower. This is the biggest share sale in Hong Kong in recent memory, surpassing Zijin Gold International $3.5 billion in September. Dickie...

Tianqi Lithium Corp announced on Wednesday that it would raise approximately HK$5,86 billion ($750m)?via a convertible bond and share placement, and hoped to sell a?small stake?in Chilean'miner SQM?to bolster liquidity. The Chinese lithium producer listed on the Shenzhen-Hong Kong stock exchange announced that it had struck a deal with the Hong Kong Stock Exchange to issue 65,000,000 new H shares for HK$45.05 per share, or a discount equivalent to 9% of Tuesday's closing HK$49.50. This is worth approximately HK$2.9billion. Tianqi has also entered into a'subscription agreement' for 2.6 billion yuan ($375m) in zero-coupon convertible bonds due February 9, 2027. These...

Gold prices have reached new highs in the past week. Customers are rushing into shops that sell the precious metal. Some even bet the price will rise further. Gold?seller,?Zhao Jinhao, said Tuesday in a Shanghai jewellery mall that gold awareness has been a long-term and upward trend. It has risen steadily from just under 20 yuan in the 1980s, to over 1,000 yuan today. Gold prices reached $5,100 an ounce on monday after a surge of 62% in 2025. Central bank purchases to reduce their reliance on the U.S. Dollar and strong demand from buyers looking for a safe haven...

Hong Kong Census and Statistics Department data released on Tuesday showed that China's net imports of gold via Hong Kong fell by 24% in December compared to November. Why is it important? China's gold purchasing can have a significant impact on global gold markets. Hong Kong's data might not be a complete view of Chinese gold purchases as it is also imported through Shanghai and Beijing. By the Numbers The net imports from Hong Kong to China in December were 12.205 metric tons, down from 16.16 tons for November. China's total imports of gold via Hong Kong fell 7.3% to...

The companies announced that Zijin Gold would buy Canada's Allied Gold at a price of?about C$5.5billion ($4.02billion) in cash. This is as the Chinese miner accelerated its global expansion amid record-high yellow metal prices. Gold prices have risen, boosting margins and cash flow for miners. This has led to consolidation as large producers look to boost production through acquisitions instead of developing new mines. Canada and China have also agreed to a deal to improve their relationship after reaching a preliminary agreement this month to reduce tariffs on canola and electric vehicles, while vowing to lower trade barriers and enhance...

Investors rushed into safe-haven assets amid the geopolitical turmoil, and also on expectations of U.S. rate cuts. Metal prices rose 147% in 2017 due to a combination of?strong demand for investment, challenges with scaling up the refining process, and a persistent shortage on the market. How does silver trade work? Over the Counter London is the largest marketplace for silver and gold, and it's where brokers and banks handle all of the buy and sell orders. The trading is done over the counter between financial institutions. An investor must be in a relationship to gain access to this market. Bars...

The gold demand in India was muted as prices hit record highs, reducing the appeal of retail purchases. In China, bullion trades at a premium as demand remains steady before the Lunar New Year. Indian dealers offer a discount This week, official domestic prices will be up to $12 an ounce, including 6% import and 3% sales taxes, compared to the previous week's up to $6. On Friday, domestic gold prices were trading at around 142.800 rupees per 10 grams, which is not far off the record high reached earlier this week of 143.590 rupees. Chirag Thakkar is the CEO...

Chow Tai Fook Jewellery Group is China's largest jewellery retailer with thousands of shops across mainland China and Hong Kong. The group has begun to look further afield in search of new growth. It started?in Southeast Asia, with a brand-new store in Thailand. The company opened its flagship store at Bangkok's Siam Paragon, a luxury shopping and lifestyle center in Bangkok. This move is part a 'wave' of Chinese and Hong Kong brands moving abroad to offset slowing domestic demand and rising market saturation in the world’s second-largest economic powerhouse. Sonia Cheng said that the company's expansion abroad "sees strong...

AustralianSuper, BlueScope Steel's largest shareholder, said that a $9 billion takeover bid from SGH & Steel Dynamics in the U.S. undervalued the company and it supported its decision to reject this offer. After announcing its increase from 12.5% on Thursday, the pension fund now holds 13.52% in BlueScope. BlueScope, which rejected the SGH Steel Dynamics offer of?A$30 a share on Wednesday, said that it was "significantly undervalued" and accused the acquirers for trying to purchase BlueScope 'on the cheap. AustralianSuper's spokesperson stated that "we?support the BlueScope Board's decision to?reject?the offer" and to'remain focused' on executing the strategy of the company...