Zhang Shidong

Shanghai

Zhang Shidong

Reporter, Business

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.

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Latest from Zhang Shidong

Wuhan’s viral outbreak knocks the stock markets of China and Hong Kong off their paces, just as a rally is building momentum

Airlines, tour agencies, hotels, theme parks and restaurants led declines, amid concerns that another outbreak similar to the one 17 years earlier would deter people from congregating in public places, hurting their earnings.

22 Jan 2020 - 4:49PM

Airlines, tour agencies, hotels, theme parks and restaurants led declines, amid concerns that another outbreak similar to the one 17 years earlier would deter people from congregating in public places, hurting their earnings.

Wuhan’s viral outbreak knocks the stock markets of China and Hong Kong off their paces, just as a rally is building momentum
What next for the Hang Seng Index, now that it has recouped all protest losses?

The benchmark Hang Seng Index has recouped all losses since the social unrest started, helped by US-China trade deal, but traders caution against excessive optimism as the protests could still flare up.

20 Jan 2020 - 7:56AM

The benchmark Hang Seng Index has recouped all losses since the social unrest started, helped by US-China trade deal, but traders caution against excessive optimism as the protests could still flare up.

What next for the Hang Seng Index, now that it has recouped all protest losses?
CK Asset’s sale of Seaside Sonata sputters in the final pre-holiday weekend as Hong Kong’s home market tries to find its footing

That is a foreboding sign for the world’s most expensive residential property market, which is betting on this week’s Phase One detente in the US-China trade war to soothe Hong Kong’s jittery homebuyers.

18 Jan 2020 - 11:21PM

That is a foreboding sign for the world’s most expensive residential property market, which is betting on this week’s Phase One detente in the US-China trade war to soothe Hong Kong’s jittery homebuyers.

CK Asset’s sale of Seaside Sonata sputters in the final pre-holiday weekend as Hong Kong’s home market tries to find its footing
Hong Kong and Chinese stocks rally as economic data signals growth likely to pick up

The report by the statistics bureau shows that latest economic metrics exceeded estimates in December.

17 Jan 2020 - 5:04PM

The report by the statistics bureau shows that latest economic metrics exceeded estimates in December.

Hong Kong and Chinese stocks rally as economic data signals growth likely to pick up
Hang Seng Index rises to the highest level in eight months with investors optimistic over China's growth outlook

US markets once again end at record highs with Alphabet becoming the latest member to join the US$1 trillion club

17 Jan 2020 - 4:37PM

US markets once again end at record highs with Alphabet becoming the latest member to join the US$1 trillion club

Hang Seng Index rises to the highest level in eight months with investors optimistic over China's growth outlook
Chinese stocks fall for third day as investors brush aside trade deal to keep watch on thorny issues

JPMorgan Asset Management says some issues are unresolved and are likely to cast shadow on the next round of trade talks.

16 Jan 2020 - 4:59PM

JPMorgan Asset Management says some issues are unresolved and are likely to cast shadow on the next round of trade talks.

Chinese stocks fall for third day as investors brush aside trade deal to keep watch on thorny issues
Hang Seng Index closes up for the first time in three days after US-China sign phase one deal

It was a day of chopping trading in Hong Kong, with the benchmark fluctuating between losses and gains throughout the day.

16 Jan 2020 - 4:32PM

It was a day of chopping trading in Hong Kong, with the benchmark fluctuating between losses and gains throughout the day.

Hang Seng Index closes up for the first time in three days after US-China sign phase one deal
China and Hong Kong stocks retreat before Washington and Beijing prepare to sign trade deal

Investors are concerned as the US will not immediately remove some of the levies on Chinese goods even after the two nations sign the phase one trade deal.

15 Jan 2020 - 5:04PM

Investors are concerned as the US will not immediately remove some of the levies on Chinese goods even after the two nations sign the phase one trade deal.

China and Hong Kong stocks retreat before Washington and Beijing prepare to sign trade deal
Hang Seng Index ends lower for a second day as concerns linger over US-China trade deal

Hong Kong and mainland stocks fell for a second straight day as investors moved to the sidelines amid lingering concerns over the US-China trade deal that will be signed later tonight in Washington.

15 Jan 2020 - 4:40PM

Hong Kong and mainland stocks fell for a second straight day as investors moved to the sidelines amid lingering concerns over the US-China trade deal that will be signed later tonight in Washington.

Hang Seng Index ends lower for a second day as concerns linger over US-China trade deal
China and Hong Kong stocks dip on signs of technically being overbought

The 14-day relative strength indices for the Shanghai Composite and the Hang Seng reach levels that indicate stocks are overbought.

14 Jan 2020 - 5:09PM

The 14-day relative strength indices for the Shanghai Composite and the Hang Seng reach levels that indicate stocks are overbought.

China and Hong Kong stocks dip on signs of technically being overbought
Hang Seng Index snaps three-day winning streak with Tencent and AAC Tech leading the decline

The Hong Kong and China markets were unable to maintain the initial momentum provided by overnight gains on Wall Street and the US Treasury removing its designation of China as a currency manipulator.

14 Jan 2020 - 4:41PM

The Hong Kong and China markets were unable to maintain the initial momentum provided by overnight gains on Wall Street and the US Treasury removing its designation of China as a currency manipulator.

Hang Seng Index snaps three-day winning streak with Tencent and AAC Tech leading the decline
All-round positive sentiment boosts Hong Kong, China markets as investors look ahead to trade deal

Tech bellwether Tencent crosses HK$400 for the first time since June 2018, while Alibaba rises for a third straight day to yet another record high.

13 Jan 2020 - 5:16PM

Tech bellwether Tencent crosses HK$400 for the first time since June 2018, while Alibaba rises for a third straight day to yet another record high.

All-round positive sentiment boosts Hong Kong, China markets as investors look ahead to trade deal
Hang Seng Index closes at eight-month high propelled by gains in Tencent, Alibaba

Hong Kong investors shrugged off disappointing US employment data, while Taiwan stocks rose to a near three-decade high after President Tsai Ing-wen won a landslide victory in the re-election.

13 Jan 2020 - 4:34PM

Hong Kong investors shrugged off disappointing US employment data, while Taiwan stocks rose to a near three-decade high after President Tsai Ing-wen won a landslide victory in the re-election.

Hang Seng Index closes at eight-month high propelled by gains in Tencent, Alibaba
Hong Kong, China stocks’ ‘path of least resistance remains up’ as appetite for risk rises

Hong Kong and China stocks posted weekly gains on Friday, as traders unwound safe asset trades and shifted to riskier ones amid defused geopolitical tensions in the Middle East and optimism about China’s growth outlook.

10 Jan 2020 - 5:23PM

Hong Kong and China stocks posted weekly gains on Friday, as traders unwound safe asset trades and shifted to riskier ones amid defused geopolitical tensions in the Middle East and optimism about China’s growth outlook.

Hong Kong, China stocks’ ‘path of least resistance remains up’ as appetite for risk rises
Hong Kong, China stocks post sixth week of gains, Shanghai Composite dips on Friday

Both the Hang Seng Index and Shanghai Composite Index posted a sixth week of gains on Friday. The mainland Chinese benchmark, however, dipped 0.1 per cent to 3,092.29.

10 Jan 2020 - 4:48PM

Both the Hang Seng Index and Shanghai Composite Index posted a sixth week of gains on Friday. The mainland Chinese benchmark, however, dipped 0.1 per cent to 3,092.29.

 Hong Kong, China stocks post sixth week of gains, Shanghai Composite dips on Friday
Hong Kong stocks post biggest gain in four weeks, China markets rise on improving risk appetite as Middle East tensions fade

The China and Hong Kong markets rallied on Thursday, with the US and Iran appearing to step back from escalating their military conflict, and China inflation accelerating at a slower-than-estimated pace in December.

9 Jan 2020 - 5:07PM

The China and Hong Kong markets rallied on Thursday, with the US and Iran appearing to step back from escalating their military conflict, and China inflation accelerating at a slower-than-estimated pace in December.

Hong Kong stocks post biggest gain in four weeks, China markets rise on improving risk appetite as Middle East tensions fade
Hong Kong, China stocks follow US equities higher, rebound on easing US-Iran tensions

The Hong Kong and mainland China markets are – once again – expected to see-saw between optimism over a trade deal between Beijing and Washington and caution about what looks like Iran and the US walking back from an all-out armed conflict.

22 Jan 2020 - 4:49PM

The Hong Kong and mainland China markets are – once again – expected to see-saw between optimism over a trade deal between Beijing and Washington and caution about what looks like Iran and the US walking back from an all-out armed conflict.

Hong Kong, China stocks follow US equities higher, rebound on easing US-Iran tensions
Hong Kong, China markets decline as risk-off sentiment returns amid rising Middle East tensions

China and Hong Kong stocks fell on Wednesday, with the Hang Seng Index sinking most in five weeks, as geopolitical tensions flared up again after Iran launched missiles against US airbases in Iraq.

8 Jan 2020 - 5:11PM

China and Hong Kong stocks fell on Wednesday, with the Hang Seng Index sinking most in five weeks, as geopolitical tensions flared up again after Iran launched missiles against US airbases in Iraq.

Hong Kong, China markets decline as risk-off sentiment returns amid rising Middle East tensions
Hong Kong, China stocks decline as Iran missile launch escalates Middle East crisis

The Hang Seng Index dropped 0.8 per cent at the close on Wednesday, posting its biggest loss since December 4. The Shanghai Composite Index dropped 1.2 per cent for its biggest loss since December 23.

8 Jan 2020 - 4:39PM

The Hang Seng Index dropped 0.8 per cent at the close on Wednesday, posting its biggest loss since December 4. The Shanghai Composite Index dropped 1.2 per cent for its biggest loss since December 23.

 Hong Kong, China stocks decline as Iran missile launch escalates Middle East crisis
China, Hong Kong stocks resume gains as investors look past escalating tension in Middle East

Shanghai Composite Index adds 0.7 per cent to 3,104.80, snapping a two-day decline. The Hang Seng Index rose 0.3 per cent to 28,322.06

7 Jan 2020 - 5:26PM

Shanghai Composite Index adds 0.7 per cent to 3,104.80, snapping a two-day decline. The Hang Seng Index rose 0.3 per cent to 28,322.06

China, Hong Kong stocks resume gains as investors look past escalating tension in Middle East
Hong Kong, China stocks shrug aside Middle East tensions to close higher

The Shanghai Composite Index added 0.7 per cent at the close on Tuesday, as traders looked past the tensions in the Middle East to focus on economic fundamentals. The Hang Seng Index rose 0.3 per cent. 

7 Jan 2020 - 4:53PM

The Shanghai Composite Index added 0.7 per cent at the close on Tuesday, as traders looked past the tensions in the Middle East to focus on economic fundamentals. The Hang Seng Index rose 0.3 per cent. 

Hong Kong, China stocks shrug aside Middle East tensions to close higher
Hong Kong stocks post biggest decline in a month as risk-off mood takes hold amid rising Middle East tension

The Hang Seng Index slid 0.8 per cent, or 225.31 points, to 28,226.19 on Monday, the steepest decline since December 4

6 Jan 2020 - 5:23PM

The Hang Seng Index slid 0.8 per cent, or 225.31 points, to 28,226.19 on Monday, the steepest decline since December 4

Hong Kong stocks post biggest decline in a month as risk-off mood takes hold amid rising Middle East tension
Hong Kong, China stocks sink on risk-off mood amid Middle East tensions

The Hang Seng Index shed 0.95 per cent on Monday, with only seven of its 50 constituents recording any gains. Meanwhile, the Shanghai Composite Index dipped 0.012 per cent to close at 3,083.41 points.

6 Jan 2020 - 4:54PM

The Hang Seng Index shed 0.95 per cent on Monday, with only seven of its 50 constituents recording any gains. Meanwhile, the Shanghai Composite Index dipped 0.012 per cent to close at 3,083.41 points.

Hong Kong, China stocks sink on risk-off mood amid Middle East tensions
Already expensive Chinese tech shares remain favourites for 2020 amid Beijing’s self-reliance push, 5G boom

With Beijing keen on replacing imported hi-tech products with home-made ones, and 5G construction in full swing, the best growth stocks of 2020 are still expected to come from the technology sector.

6 Jan 2020 - 7:30AM

With Beijing keen on replacing imported hi-tech products with home-made ones, and 5G construction in full swing, the best growth stocks of 2020 are still expected to come from the technology sector.

Already expensive Chinese tech shares remain favourites for 2020 amid Beijing’s self-reliance push, 5G boom
China’s IPO shares turn from sure-fire bets to potential loss-makers amid shaky sentiment and changing regulations

Traditionally undervalued and oversubscribed, Chinese IPO shares have until recently been a virtual guarantee of big day-one trading gains

31 Dec 2019 - 7:45AM

Traditionally undervalued and oversubscribed, Chinese IPO shares have until recently been a virtual guarantee of big day-one trading gains

China’s IPO shares turn from sure-fire bets to potential loss-makers amid shaky sentiment and changing regulations
China revamps IPO rules, gets tough on disclosure, as it amends securities law for first time since 2004

China’s legislature has paved the way for a more market-based initial public offering regime by approving amendments to the country’s securities law after four years of deliberations. The amended law, effective from March 1, also takes a tougher stance on false disclosures by listed companies.

30 Dec 2019 - 6:31PM

China’s legislature has paved the way for a more market-based initial public offering regime by approving amendments to the country’s securities law after four years of deliberations. The amended law, effective from March 1, also takes a tougher stance on false disclosures by listed companies.

China revamps IPO rules, gets tough on disclosure, as it amends securities law for first time since 2004
Hang Seng Index rises on back of gains in gaming giant Tencent Holdings
  • Shanghai Composite closes 3,000 level for the first time since December 17
  • Turnover falls in Hong Kong ahead of Christmas holiday
23 Dec 2019 - 4:43PM
  • Shanghai Composite closes 3,000 level for the first time since December 17
  • Turnover falls in Hong Kong ahead of Christmas holiday
Hang Seng Index rises on back of gains in gaming giant Tencent Holdings
China Railway Construction plans to spin off unit for listing on Shanghai’s Star Market

China Railway Construction Heavy Industry is awaiting approval from Shanghai Stock Exchange and plans to list no more than 25 per cent of its outstanding shares.

19 Dec 2019 - 11:00PM

China Railway Construction Heavy Industry is awaiting approval from Shanghai Stock Exchange and plans to list no more than 25 per cent of its outstanding shares.

China Railway Construction plans to spin off unit for listing on Shanghai’s Star Market
Technology, property sectors weigh on M&A in China for a second year in a row, Dealogic says

Value of mergers and acquisitions in China falls 24 per cent so far this year to US$344.3 billion, according to data provider Dealogic.

18 Dec 2019 - 10:18PM

Value of mergers and acquisitions in China falls 24 per cent so far this year to US$344.3 billion, according to data provider Dealogic.

Technology, property sectors weigh on M&A in China for a second year in a row, Dealogic says
Chinese brokerages soak up gains as analysts expect industry to benefit from regulator’s ongoing reforms

New rules on refinancing, expansion of the options market and reforms of the ChiNext market are all conducive to the development of the brokerage industry, says Ma Tingting of Guosheng Securities.

17 Dec 2019 - 10:49PM

New rules on refinancing, expansion of the options market and reforms of the ChiNext market are all conducive to the development of the brokerage industry, says Ma Tingting of Guosheng Securities.

Chinese brokerages soak up gains as analysts expect industry to benefit from regulator’s ongoing reforms