Zhang Shidong

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.
Zhang Shidong
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.

Latest from Zhang Shidong

Stocks Blog: China, Hong Kong shares fall amid US-China trade fight, other uncertainties

Kweichow Moutai (600519 CH) falls on slowest quarterly sales growth in three quarters

44 minutes ago

Kweichow Moutai (600519 CH) falls on slowest quarterly sales growth in three quarters

Stocks Blog: China, Hong Kong shares fall amid US-China trade fight, other uncertainties
Stocks Blog: Trump issues mixed messages on trade, weighing down sentiment in China, Hong Kong markets

Are shares of China liquor king Kweichow Moutai too expensive? 

17 Jul 2019 - 5:39PM

Are shares of China liquor king Kweichow Moutai too expensive? 

Stocks Blog: Trump issues mixed messages on trade, weighing down sentiment in China, Hong Kong markets
China stocks drop amid low volatility as caution over subdued earnings, growth mounts

China stocks fell for the first time in four days on Tuesday as traders assessed the outlook for corporate earnings and economic growth. Volatility on the benchmark Shanghai Composite Index also fell to about a four-month low.

16 Jul 2019 - 5:32PM

China stocks fell for the first time in four days on Tuesday as traders assessed the outlook for corporate earnings and economic growth. Volatility on the benchmark Shanghai Composite Index also fell to about a four-month low.

China stocks drop amid low volatility as caution over subdued earnings, growth mounts
Stocks Blog: Traders look to corporate results as earnings season kicks off

Jefferies stays upbeat on China consumption, keeps Maoyan as its top 'buy' in sector

16 Jul 2019 - 5:16PM

Jefferies stays upbeat on China consumption, keeps Maoyan as its top 'buy' in sector

Stocks Blog: Traders look to corporate results as earnings season kicks off
Chinese ‘white horses’ issue surprise profit warnings before earnings season kicks off

Donkey-hide gelatin maker Dong-E-E-Jiao and Han’s Laser tumble by the daily limit after saying first-half profit probably fell by at least 65 per cent.

15 Jul 2019 - 10:34PM

Donkey-hide gelatin maker Dong-E-E-Jiao and Han’s Laser tumble by the daily limit after saying first-half profit probably fell by at least 65 per cent.

Chinese ‘white horses’ issue surprise profit warnings before earnings season kicks off
Central China Securities shares plunge in Shanghai and Hong Kong as asset management products face default risks

Two of Central China Securities’ asset management products, worth US$35 million, are in danger of defaulting on payments to investors

12 Jul 2019 - 9:50PM

Two of Central China Securities’ asset management products, worth US$35 million, are in danger of defaulting on payments to investors

Central China Securities shares plunge in Shanghai and Hong Kong as asset management products face default risks
Foreign investors unwind holdings in Chinese liquor giant Kweichow Moutai, consumer stocks amid stretched valuations

Trade in shares of liquor distiller Kweichow Moutai and major rival Wuliangye Yibin is showing signs of retreat as foreign investors trim their holdings in overcrowded Chinese consumer stocks.

11 Jul 2019 - 8:27PM

Trade in shares of liquor distiller Kweichow Moutai and major rival Wuliangye Yibin is showing signs of retreat as foreign investors trim their holdings in overcrowded Chinese consumer stocks.

Foreign investors unwind holdings in Chinese liquor giant Kweichow Moutai, consumer stocks amid stretched valuations
China’s stock benchmark extends biggest drop in nine weeks as interest rate outlook and IPO glut weigh on sentiment

Traders stay on the sidelines as they await the release of consumer and factory-gate inflation data and export-import figures for June

9 Jul 2019 - 7:07PM

Traders stay on the sidelines as they await the release of consumer and factory-gate inflation data and export-import figures for June

China’s stock benchmark extends biggest drop in nine weeks as interest rate outlook and IPO glut weigh on sentiment
Stocks Blog: Markets fall amid turmoil from rate cut prospects and more IPO supply

 Crystal Ball: Ace analyst says rebound is under way in China, but don't expect the moon  

9 Jul 2019 - 5:22PM

 Crystal Ball: Ace analyst says rebound is under way in China, but don't expect the moon  

Stocks Blog: Markets fall amid turmoil from rate cut prospects and more IPO supply
China’s technology board may unleash speculative frenzy as it starts trading in two weeks

Investors say speculators are likely to push the stocks much higher on debut when the Star market opens on July 22 in Shanghai.

9 Jul 2019 - 8:00AM

Investors say speculators are likely to push the stocks much higher on debut when the Star market opens on July 22 in Shanghai.

China’s technology board may unleash speculative frenzy as it starts trading in two weeks
China’s furniture makers hope for trade war’s end as US orders ‘disappear’ following the 25 per cent import tariff

Chinese companies hurt by falling orders take a wait-and-see approach to apparent thawing between two largest economies over damaging levies.

8 Jul 2019 - 7:38AM

Chinese companies hurt by falling orders take a wait-and-see approach to apparent thawing between two largest economies over damaging levies.

China’s furniture makers hope for trade war’s end as US orders ‘disappear’ following the 25 per cent import tariff
Anbang asset disposal gets underway as domestic insurance unit is sold to group of five buyers

Sale of Hexie Health Insurance reflects the first asset disposal by regulators

4 Jul 2019 - 7:08PM

Sale of Hexie Health Insurance reflects the first asset disposal by regulators

Anbang asset disposal gets underway as domestic insurance unit is sold to group of five buyers
Shanghai brokerages argue there’s one compelling reason to buy Chinese stocks

Shanghai brokerages say mainland companies will reveal improving earnings in upcoming quarters

4 Jul 2019 - 11:06PM

Shanghai brokerages say mainland companies will reveal improving earnings in upcoming quarters

Shanghai brokerages argue there’s one compelling reason to buy Chinese stocks
Brighter outlook for China’s stock market amid faster market reforms, policy easing, say HFT and HSBC Jintrust

HSBC Jintrust and HFT see a better third quarter for Chinese equities after the benchmark gauge lost nearly 8 per cent from its April peak

3 Jul 2019 - 10:38PM

HSBC Jintrust and HFT see a better third quarter for Chinese equities after the benchmark gauge lost nearly 8 per cent from its April peak

Brighter outlook for China’s stock market amid faster market reforms, policy easing, say HFT and HSBC Jintrust
China Tobacco, buoyed by monopoly in world’s biggest population of smokers, sees stock rise 307 per cent in Hong Kong

Shares in China Tobacco International (HK), a unit of state-owned China National Tobacco Corporation, have risen by 307 per cent since their listing in Hong Kong last month.

2 Jul 2019 - 11:01PM

Shares in China Tobacco International (HK), a unit of state-owned China National Tobacco Corporation, have risen by 307 per cent since their listing in Hong Kong last month.

China Tobacco, buoyed by monopoly in world’s biggest population of smokers, sees stock rise 307 per cent in Hong Kong
Moutai is first Chinese stock to close above 1,000 yuan as US-China trade war truce sees traders raising a toast with the baijiu

Shares of Kweichow Moutai rose 4.9 per cent on Monday to a record 1,031.86 yuan. It became the first Chinese stock to close above the 1,000 yuan level.

1 Jul 2019 - 10:11PM

Shares of Kweichow Moutai rose 4.9 per cent on Monday to a record 1,031.86 yuan. It became the first Chinese stock to close above the 1,000 yuan level.

Moutai is first Chinese stock to close above 1,000 yuan as US-China trade war truce sees traders raising a toast with the baijiu
Takashimaya to close its Shanghai store in August, bowing to the onslaught by e-commerce in China’s retail revolution

The revolution in China’s consumer habits has helped technologically enhanced retailers such as JD.com and Alibaba Group Holding drive traditional retailers who rely on foot traffic out of business.

28 Jun 2019 - 10:50PM

The revolution in China’s consumer habits has helped technologically enhanced retailers such as JD.com and Alibaba Group Holding drive traditional retailers who rely on foot traffic out of business.

Takashimaya to close its Shanghai store in August, bowing to the onslaught by e-commerce in China’s retail revolution
Hong Kong stocks’ widening discounts leads to increased buying from mainland traders

Southbound investments via the stock connect schemes in June are headed for the highest level this year.

27 Jun 2019 - 10:48PM

Southbound investments via the stock connect schemes in June are headed for the highest level this year.

Hong Kong stocks’ widening discounts leads to increased buying from mainland traders
A shareholder’s stake sale plan stops the bull run in China’s best-performing brokerage stock CSC Financial

The disposal plan by Citic Securities is adding to the angst among investors that the gains on Chinese stocks, the world’s best-performing equity market this year, may have outpaced their potential earnings.

26 Jun 2019 - 5:34PM

The disposal plan by Citic Securities is adding to the angst among investors that the gains on Chinese stocks, the world’s best-performing equity market this year, may have outpaced their potential earnings.

A shareholder’s stake sale plan stops the bull run in China’s best-performing brokerage stock CSC Financial
Foreign investors play FTSE with Chinese stocks, plough US$6.3 billion back into mainland stock market

Foreign investors have ploughed 43.3 billion yuan (US$6.3 billion) into mainland China equities this month in anticipation of the inclusion of these stocks in the FTSE Emerging Market Index, which came into effect on Monday morning.

24 Jun 2019 - 10:33PM

Foreign investors have ploughed 43.3 billion yuan (US$6.3 billion) into mainland China equities this month in anticipation of the inclusion of these stocks in the FTSE Emerging Market Index, which came into effect on Monday morning.

Foreign investors play FTSE with Chinese stocks, plough US$6.3 billion back into mainland stock market
Citic, China’s biggest listed brokerage, says rebound in stocks is likely to last until end of July

Citic Securities said on Monday an ongoing rebound in stocks will probably carry on until the end of July, as monetary policy remains accommodative globally and Beijing seeks to stabilise the market before the launch of a new technology board.

24 Jun 2019 - 10:33PM

Citic Securities said on Monday an ongoing rebound in stocks will probably carry on until the end of July, as monetary policy remains accommodative globally and Beijing seeks to stabilise the market before the launch of a new technology board.

Citic, China’s biggest listed brokerage, says rebound in stocks is likely to last until end of July
Analyst who made correct call on China’s market this year now favours Chinese government bonds over stocks

Chief economist at Soochow Securities, Chen Li, lays out bull case for Chinese government bonds

21 Jun 2019 - 10:23PM

Chief economist at Soochow Securities, Chen Li, lays out bull case for Chinese government bonds

Analyst who made correct call on China’s market this year now favours Chinese government bonds over stocks
London calling: Huatai Securities blazes trail for Chinese companies seeking to reach beyond New York and Hong Kong

The price discrepancy between Huatai’s global depository receipts and its Shanghai-listed shares will shrink when a share conversion system comes into place in about four months, analysts say

19 Jun 2019 - 10:24PM

The price discrepancy between Huatai’s global depository receipts and its Shanghai-listed shares will shrink when a share conversion system comes into place in about four months, analysts say

London calling: Huatai Securities blazes trail for Chinese companies seeking to reach beyond New York and Hong Kong
Loss-making Hareon Solar has cheapest stock in China, at just 0.02 per cent of liquor giant Kweichow Moutai’s share price

Shares of Hareon Solar Technology, which is set to be stripped of its listing status, were trading at 0.18 yuan (2.6 US cents) on Monday after declining for 14 consecutive days

17 Jun 2019 - 10:41PM

Shares of Hareon Solar Technology, which is set to be stripped of its listing status, were trading at 0.18 yuan (2.6 US cents) on Monday after declining for 14 consecutive days

Loss-making Hareon Solar has cheapest stock in China, at just 0.02 per cent of liquor giant Kweichow Moutai’s share price
China’s rare earth stocks are investors’ new hedge against trade war as Beijing rolls out countermeasures against Trump

The gains in stocks linked to rare earths are a day trader’s dream. But what happens if the US-China trade war is resolved?

17 Jun 2019 - 8:33AM

The gains in stocks linked to rare earths are a day trader’s dream. But what happens if the US-China trade war is resolved?

China’s rare earth stocks are investors’ new hedge against trade war as Beijing rolls out countermeasures against Trump
Chinese stocks cap worst performance this week on growth fears, flood of tech IPOs

Hong Kong shares fall 0.7 per cent, making it three consecutive sessions of losses.

14 Jun 2019 - 5:52PM

Hong Kong shares fall 0.7 per cent, making it three consecutive sessions of losses.

Chinese stocks cap worst performance this week on growth fears, flood of tech IPOs
Stocks Blog: Shanghai falls before China data shows ongoing economic slump
Stocks Blog: Hong Kong closes down a bit, while Shanghai ekes out gain as trade worries keep lid on markets

Alibaba said to have filed for second listing in Hong Kong: Bloomberg

13 Jun 2019 - 5:48PM

Alibaba said to have filed for second listing in Hong Kong: Bloomberg

Stocks Blog: Hong Kong closes down a bit, while Shanghai ekes out gain as trade worries keep lid on markets
Stocks Blog: Hong Kong shares fall as fresh protests in city disrupt roads, businesses

Hang Seng also weighed down by traders pocketing profits from recent run-up in stocks, says Castor Pang at Core Pacific-Yamaichi

12 Jun 2019 - 6:57PM

Hang Seng also weighed down by traders pocketing profits from recent run-up in stocks, says Castor Pang at Core Pacific-Yamaichi

Stocks Blog: Hong Kong shares fall as fresh protests in city disrupt roads, businesses
Chinese stocks post biggest gain in month on fiscal stimulus to shore up growth

Signs have been mounting that Beijing has been stepping up efforts to arrest a deceleration in economic growth.

11 Jun 2019 - 5:12PM

Signs have been mounting that Beijing has been stepping up efforts to arrest a deceleration in economic growth.

Chinese stocks post biggest gain in month on fiscal stimulus to shore up growth