https://www.scmp.com/rss/322054/feed A-share focus is for readers wanting to know more about mainland Chinese investment markets, and especially the A-share market in Shanghai, which has become accessible to international investors since the launch of the Shanghai-Hong Kong stock connect scheme in late 2014. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Zhang Shidong Zhang Shidong The long-anticipated state visit by US President Donald Trump to China next month could lift sentiment in mainland and Hong Kong equities, as investors bet that easing tensions between Beijing and Washington will support export-driven sectors and companies pursuing overseas expansion. Trump is scheduled to meet President Xi Jinping on May 14-15, with discussions expected to cover tariffs, purchases of US goods and restrictions on rare earths. Any progress could clear a path for Chinese firms to... https://www.scmp.com/business/china-business/article/3351566/china-equities-set-boost-trump-xi-meeting-raises-hopes-thaw?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3351566/china-equities-set-boost-trump-xi-meeting-raises-hopes-thaw?utm_source=rss_feed Mon, 27 Apr 2026 09:30:10 +0000 Zhang Shidong Zhang Shidong China’s largest fund manager has doubled down on consumer stocks, betting on a rebound in spending as early signs of stabilisation emerge in the property and catering sectors. Zhang Kun, who oversees US$6.9 billion at Guangzhou-based E Fund Management, increased exposure to leading baijiu makers and e-commerce platforms in his flagship mutual fund during the first quarter, according to a quarterly filing released on Thursday. The combined assets of the four funds he manages remain the largest... https://www.scmp.com/business/china-business/article/3351290/baijiu-bet-chinas-top-fund-manager-doubles-down-consumers-amid-signs-recovery?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3351290/baijiu-bet-chinas-top-fund-manager-doubles-down-consumers-amid-signs-recovery?utm_source=rss_feed Fri, 24 Apr 2026 08:00:46 +0000 Zhang Shidong Zhang Shidong An overhaul of listing and trading rules has driven a 16-year-old board for start-ups on the Shenzhen Stock Exchange to an all-time high, and traders believe the listed companies’ above-average earnings growth and exposure to renewable energy will extend the record-setting run. The ChiNext 50 Index of the board’s 50 biggest stocks and the ChiNext Composite Index both broke highs set in 2015 this week, outpacing other equity gauges of yuan-denominated stocks, which have yet to fully recoup their... https://www.scmp.com/business/china-business/article/3351146/chinext-shenzhens-nasdaq-emerges-investor-darling-start-indexes-smash-records?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3351146/chinext-shenzhens-nasdaq-emerges-investor-darling-start-indexes-smash-records?utm_source=rss_feed Fri, 24 Apr 2026 02:00:15 +0000 Ralph Jennings Ralph Jennings China has launched a bond-market-connect scheme with Brazil, Chinese media outlets reported this week, marking the first such link among emerging markets. Schemes such as this one, often dubbed “connects” between Chinese bond or stock markets and their offshore counterparts, typically allow investors to bypass special permits or capital-flow controls when trading on either side’s exchanges. China now maintains at least five offshore capital-market “connect” schemes on three continents. Hong... https://www.scmp.com/economy/global-economy/article/3351185/brazil-beckoned-china-now-has-stock-and-bond-connect-schemes-these-5-regions?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3351185/brazil-beckoned-china-now-has-stock-and-bond-connect-schemes-these-5-regions?utm_source=rss_feed Thu, 23 Apr 2026 23:00:10 +0000 Zhang Shidong Zhang Shidong Fund managers investing in Asian and emerging markets added mainland Chinese and Taiwanese stocks to their portfolios in February and March, while cutting their exposure to South Korean equities, according to HSBC Holdings. The reallocation also came at the expense of Indian stocks during the period, with the country’s weighting in Asian funds hitting a new low, HSBC analysts Prerna Garg and Herald van der Linde said in a report on Tuesday, without giving details. The report was based on data... https://www.scmp.com/business/china-business/article/3350997/asian-emerging-market-funds-rotate-mainland-china-and-taiwan-stocks-hsbc?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350997/asian-emerging-market-funds-rotate-mainland-china-and-taiwan-stocks-hsbc?utm_source=rss_feed Wed, 22 Apr 2026 23:00:09 +0000 Yulu Ao Yulu Ao A long-standing pricing gap between the mainland China-listed and Hong Kong shares of dual-listed companies has narrowed – and in some cases reversed – as global investors re-rate China’s technology companies. The Hang Seng AH Premium Index, a widely watched gauge of the valuation gap between dual-listed companies’ A shares trading on mainland exchanges and their H shares in Hong Kong, has remained below 120 in recent sessions, down sharply from a high of 157.89 in February 2024. The shift has... https://www.scmp.com/business/china-business/article/3350886/premium-mainland-china-shares-erodes-or-flips-capital-flows-hong-kong?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350886/premium-mainland-china-shares-erodes-or-flips-capital-flows-hong-kong?utm_source=rss_feed Tue, 21 Apr 2026 10:30:07 +0000 Zhang Shidong Zhang Shidong Chinese stocks are likely to continue the resilience they have shown since the war in the Middle East began, thanks to haven demand for yuan-linked assets, the green shoots of the property market and the inclusion of tech start-ups in key equity gauges, according to fund managers and investment banks. Optimism about Chinese equities was building after official data showed that home prices in the biggest mainland cities reversed declines and an inflationary trend took hold in March, said money... https://www.scmp.com/business/china-business/article/3350830/outlook-china-stocks-brightens-capital-flows-rebounding-home-prices?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350830/outlook-china-stocks-brightens-capital-flows-rebounding-home-prices?utm_source=rss_feed Tue, 21 Apr 2026 05:15:28 +0000 Zhang Shidong Zhang Shidong Orient Securities’ buyout of a smaller rival to create a new entity with at least 580 billion yuan (US$85 billion) in assets is a sign that the government-led consolidation of the brokerage industry is deepening, underscoring Beijing’s determination to cultivate bigger investment banks to take on global rivals. In an exchange statement on Sunday night, Orient Securities said it planned to acquire 100 per cent of Shanghai Securities through the sale of new shares and cash, without disclosing the... https://www.scmp.com/business/china-business/article/3350685/orient-securities-buyout-create-us85b-brokerage-beijing-pushes-consolidation?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350685/orient-securities-buyout-create-us85b-brokerage-beijing-pushes-consolidation?utm_source=rss_feed Mon, 20 Apr 2026 05:41:12 +0000 Zhang Shidong Zhang Shidong Stocks fell and oil surged on Monday as investors pared back their bets on risk assets after US President Donald Trump said American forces would block the Strait of Hormuz, escalating the war in the Middle East after talks between Washington and Tehran to end the conflict collapsed. All equity benchmarks in Asia bar China slid, amid renewed concerns that higher energy costs would derail growth after crude oil futures soared back above US$100 a barrel. Brent and West Texas Intermediate both... https://www.scmp.com/business/china-business/article/3349829/stocks-drop-and-oil-surges-back-above-us100-us-blockage-hormuz-escalates-war?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349829/stocks-drop-and-oil-surges-back-above-us100-us-blockage-hormuz-escalates-war?utm_source=rss_feed Mon, 13 Apr 2026 01:54:27 +0000 Zhang Shidong Zhang Shidong Investors betting on a China reflation trade may be in for a reality check, as rising government bond prices and lacklustre equities point to lingering doubts about whether inflation in the world’s second-largest economy can be sustained. Yields on China’s one-year sovereign bonds have fallen by 5.5 basis points over the past three weeks, while 10-year yields are down 1.6 basis points. Over the same period, the benchmark CSI 300 Index has slipped about 1 per cent. Bond yields move inversely to... https://www.scmp.com/business/china-business/article/3349701/chinas-reflation-narrative-under-scrutiny-bond-market-signals-caution?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349701/chinas-reflation-narrative-under-scrutiny-bond-market-signals-caution?utm_source=rss_feed Mon, 13 Apr 2026 00:00:12 +0000 Zhang Shidong Zhang Shidong China will allow pre-profit technology companies to list on the ChiNext board in Shenzhen and introduce market makers to improve liquidity, as regulators step up efforts to bolster the mainland’s second-largest stock exchange and advance the country’s push for technological self-reliance. Under the new rules, emerging-industry companies with an estimated market value of at least 3 billion yuan (US$439 million) and revenue no less than 200 million yuan in the most recent financial year would be... https://www.scmp.com/business/markets/article/3349675/china-opens-chinext-exchange-pre-profit-tech-firms-push-boost-innovation?utm_source=rss_feed https://www.scmp.com/business/markets/article/3349675/china-opens-chinext-exchange-pre-profit-tech-firms-push-boost-innovation?utm_source=rss_feed Fri, 10 Apr 2026 11:13:53 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks surged alongside other markets in Asia on Wednesday as oil plunged after the US and Iran struck a two-week ceasefire, reviving demand for risk assets that had been pummelled by fears of global stagflation. The Hang Seng Index rose 3.1 per cent to 25,893.02 points at the close after trading reopened following three days of public holidays. The mainland’s CSI 300 Index climbed 3.5 per cent and the Shanghai Composite Index added 2.7 per cent. Alibaba Group Holding and other... https://www.scmp.com/business/china-business/article/3349319/hong-kong-stocks-jump-risk-appetite-returns-after-us-and-iran-agree-ceasefire?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349319/hong-kong-stocks-jump-risk-appetite-returns-after-us-and-iran-agree-ceasefire?utm_source=rss_feed Wed, 08 Apr 2026 02:57:13 +0000 Zhang Shidong Zhang Shidong China has introduced new rules governing short-term trading, as the market regulator steps up oversight of the trading behaviour of major shareholders and listed company executives as part of a drive to bolster investor confidence. The rules apply to shareholders with a stake of 5 per cent or more in a single listed company, including foreign investors, executives of publicly traded companies, their spouses and children, according to the China Securities Regulatory Commission (CSRC). The rules... https://www.scmp.com/business/china-business/article/3349231/china-tightens-trading-scrutiny-major-shareholders-and-executives?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349231/china-tightens-trading-scrutiny-major-shareholders-and-executives?utm_source=rss_feed Tue, 07 Apr 2026 09:00:08 +0000 Zhang Shidong Zhang Shidong Initial public offerings (IPOs) on mainland Chinese markets surged 56 per cent in the first quarter from a year earlier, as the securities regulator relaxed curbs on equity financing to support the nation’s push for technological innovation. Twenty-nine companies raised a combined 25.7 billion yuan (US$3.7 billion) from the Shanghai, Shenzhen and Beijing stock exchanges in the first three months, according to Bloomberg data. That compared with 16.5 billion yuan raised by 27 companies in the same... https://www.scmp.com/business/china-business/article/3348945/china-ipos-jump-56-regulator-eases-restrictions-drive-tech-innovation?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3348945/china-ipos-jump-56-regulator-eases-restrictions-drive-tech-innovation?utm_source=rss_feed Mon, 06 Apr 2026 06:00:11 +0000 Ben Jiang Ben Jiang Shares of Chinese short-video platform Kuaishou fell more than 13 per cent to HK$45.96 by midday in Hong Kong on Thursday, a day after reporting strong sales growth, as analysts warned that its core advertising and live-streaming businesses could face mounting pressure this year. The sharp decline reflected investor concerns over a cautious growth outlook for the Beijing-based firm, compounded by its heavy spending on artificial intelligence, according to Zhang Xueru, an analyst at investment... https://www.scmp.com/tech/article/3347951/chinas-kuaishou-slumps-analysts-flag-growth-pressure-despite-strong-results?utm_source=rss_feed https://www.scmp.com/tech/article/3347951/chinas-kuaishou-slumps-analysts-flag-growth-pressure-despite-strong-results?utm_source=rss_feed Thu, 26 Mar 2026 05:28:50 +0000 Zhang Shidong Zhang Shidong Global stock buy-backs rose to a record US$1.46 trillion in 2025, as listed companies stepped up efforts to return cash to public shareholders amid a rally in equities, according to US asset-management firm Capital Group. Repurchases by the world’s largest publicly traded companies tracked by the money manager increased 8.4 per cent year on year, representing a net increase of US$113 billion, Capital Group said in a report released on Wednesday. The US led global buy-backs, accounting for 71 per... https://www.scmp.com/business/china-business/article/3347826/global-buy-backs-hit-record-mainland-china-hong-kong-see-declines-capital-group?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347826/global-buy-backs-hit-record-mainland-china-hong-kong-see-declines-capital-group?utm_source=rss_feed Wed, 25 Mar 2026 07:30:08 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks extended their rebound on Wednesday on signs that a diplomatic solution to Middle East tensions was making progress. The Hang Seng Index rose 1.1 per cent to 25,335.95 at the close, adding to a 2.7 per cent gain a day earlier. Technology stocks advanced, driving the Hang Seng Tech Index up by 1.9 per cent, after China’s anti-monopoly regulator called for an end to the price war in the on-demand food delivery market. On the mainland, the CSI 300 Index climbed 1.4 per cent and the... https://www.scmp.com/business/china-business/article/3347782/hong-kong-stocks-extend-rebound-signs-diplomatic-path-iran-conflict?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347782/hong-kong-stocks-extend-rebound-signs-diplomatic-path-iran-conflict?utm_source=rss_feed Wed, 25 Mar 2026 02:03:21 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rebounded on Tuesday on signs of a de-escalation of the US-Israel war against Iran after President Donald Trump said he would delay any attacks on the Gulf nation’s energy facilities. The Hang Seng Index surged 2.8 per cent to 25,063.71 at the close. The Hang Seng Tech Index gained 2.5 per cent. On the mainland, the CSI 300 Index climbed 1.3 per cent and the Shanghai Composite Index advanced 1.8 per cent. Biotech firm Wuxi AppTec rallied 11 per cent to HK$113.60 after its net... https://www.scmp.com/business/china-business/article/3347649/hong-kong-stocks-rebound-hopes-us-iran-deal-tensions-ease?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347649/hong-kong-stocks-rebound-hopes-us-iran-deal-tensions-ease?utm_source=rss_feed Tue, 24 Mar 2026 02:00:45 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks slumped by the most in nearly a year alongside other Asian markets on Monday as investors moved to price in tighter monetary policy, with Middle East tensions showing no sign of easing. The Hang Seng Index fell 3.5 per cent to 24,382.47 at the close, the steepest drop since April 7 last year. The Hang Seng Tech Index tumbled 3.3 per cent. On the mainland, the CSI 300 Index slid 3.3 per cent and the Shanghai Composite Index retreated 3.6 per cent. Laopu Gold tumbled 8.6 per cent... https://www.scmp.com/business/china-business/article/3347522/hong-kong-stocks-tumble-asia-strait-hormuz-crisis-deepens?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347522/hong-kong-stocks-tumble-asia-strait-hormuz-crisis-deepens?utm_source=rss_feed Mon, 23 Mar 2026 02:02:29 +0000 Zhang Shidong Zhang Shidong Chinese stocks have emerged as outperformers in the latest oil shock, reversing their reputation as laggards, as crude takes a back seat to renewable fuels in the world’s second-largest economy. The CSI 300 Index of stocks trading on the mainland’s exchanges has dropped 3.1 per cent since the US and Israel began attacks on Iran on February 28, outperforming the S&P 500, the Euro Stoxx 50 and Japan’s Nikkei 225, which have all slid at least 4 per cent during the period. This marked a turnaround... https://www.scmp.com/business/china-business/article/3347296/chinese-stocks-shake-laggard-image-amid-oil-shock-green-transition-pays?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347296/chinese-stocks-shake-laggard-image-amid-oil-shock-green-transition-pays?utm_source=rss_feed Fri, 20 Mar 2026 08:15:30 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks extended declines to cap a third consecutive weekly loss, as escalating Middle East tensions added volatility and Alibaba Group Holding reported a slump in earnings. The Hang Seng Index fell 0.9 per cent to 25,277.32 at the close on Friday, down 0.7 per cent for the week. The Hang Seng Tech Index dropped 1.3 per cent. On the mainland, the Shanghai Composite Index slid 1.2 per cent, closing below the 4,000-point mark for the first time this year, while the CSI 300 Index retreated... https://www.scmp.com/business/china-business/article/3347229/hong-kong-stocks-waver-oil-swings-middle-east-tensions?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347229/hong-kong-stocks-waver-oil-swings-middle-east-tensions?utm_source=rss_feed Fri, 20 Mar 2026 02:02:46 +0000 Zhang Shidong Zhang Shidong Stocks in Hong Kong and mainland China slumped on Thursday, with a key gauge of yuan-denominated stocks briefly breaching the 4,000-point mark for the first time in two months, as a resurgence in oil prices fuelled concerns about a global recession following the attacks on energy facilities in Gulf nations. The Hang Seng Index tumbled 2 per cent to 25,500.58 at the close. The Hang Seng Tech Index dropped 2.2 per cent. On the mainland, the Shanghai Composite Index retreated 1.4 per cent,... https://www.scmp.com/business/china-business/article/3347091/hong-kong-stocks-retreat-fed-warns-iran-conflict-clouds-inflation-outlook?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347091/hong-kong-stocks-retreat-fed-warns-iran-conflict-clouds-inflation-outlook?utm_source=rss_feed Thu, 19 Mar 2026 02:04:52 +0000 Zhang Shidong Zhang Shidong Chinese companies in several sectors – including energy, petrochemicals and agriculture – stand to benefit from surging oil prices and the nation’s easing deflation, which analysts said could help investors find gains amid the negative effects of the Middle East war. Petrochemical companies on mainland China’s exchanges, including Satellite Chemical and Guangdong Redwall New Materials, raised product prices to reflect the surge in oil costs, a move that sent their stock prices soaring.... https://www.scmp.com/business/china-business/article/3346490/which-chinese-stocks-can-help-investors-withstand-middle-east-war-shocks?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346490/which-chinese-stocks-can-help-investors-withstand-middle-east-war-shocks?utm_source=rss_feed Sat, 14 Mar 2026 02:00:08 +0000 Zhang Shidong Zhang Shidong OpenClaw has sparked frenzied buying on mainland China’s stock markets, defying the broader gloom stemming from Middle East hostilities, as investors chase companies compatible with deploying the open-source artificial intelligence tool. OpenClaw’s meteoric rise has fuelled the so-called “lobster” trade, a buzzword coined by traders after the AI tool’s logo. Hangzhou Shunwang Technology, which claimed it had embedded OpenClaw in its AI cloud infrastructure, soared 21 per cent in Shenzhen over... https://www.scmp.com/business/china-business/article/3346307/openclaw-frenzy-diverts-chinese-investors-lobster-trade-amid-us-iran-war?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346307/openclaw-frenzy-diverts-chinese-investors-lobster-trade-amid-us-iran-war?utm_source=rss_feed Thu, 12 Mar 2026 05:00:10 +0000 Zhang Shidong Zhang Shidong Overseas expansion and a commodity boom have put Chinese companies trading on the mainland in a position to beat their offshore-listed peers in earnings, cementing the outperformance of yuan-denominated stocks since the outbreak of Middle East hostility. The 300 largest mainland-traded companies may post average 2025 profit growth of 6.3 per cent during the coming earnings season, while the growth rate for the firms in the Hong Kong exchange’s benchmark Hang Seng Index would be a mere 2 per... https://www.scmp.com/business/china-business/article/3346207/chinese-firms-success-go-global-efforts-poised-reap-profit-rewards?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346207/chinese-firms-success-go-global-efforts-poised-reap-profit-rewards?utm_source=rss_feed Wed, 11 Mar 2026 23:30:08 +0000 Zhang Shidong,Peggy Ye Zhang Shidong,Peggy Ye China’s top securities regulator outlined a plan on Friday to strengthen corporate governance, boost investor returns and cultivate globally competitive companies, as Beijing seeks to reinforce confidence in the country’s capital markets. “On the basis of continuously strengthening the authenticity of listed companies, we will further enhance their investability,” said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), at a press conference on the sidelines of China’s annual... https://www.scmp.com/business/markets/article/3345738/chinas-securities-regulator-vows-tougher-oversight-shore-stock-market-confidence?utm_source=rss_feed https://www.scmp.com/business/markets/article/3345738/chinas-securities-regulator-vows-tougher-oversight-shore-stock-market-confidence?utm_source=rss_feed Fri, 06 Mar 2026 11:00:09 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks capped their worst weekly performance in four months as the US-Iran war stoked stagflation fears and dampened investor sentiment. The Hang Seng Index closed 1.7 per cent higher at 25,757.29 on Friday. For the week, the benchmark declined 3.3 per cent, its steepest decline for the five-day period since November 21. The Hang Seng Tech Index surged 3.2 per cent. On the mainland, the CSI 300 Index gained 0.3 per cent and the Shanghai Composite Index added 0.4 per cent. The war in... https://www.scmp.com/business/china-business/article/3345641/hong-kong-stocks-track-steepest-weekly-slump-4-months-us-iran-war?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345641/hong-kong-stocks-track-steepest-weekly-slump-4-months-us-iran-war?utm_source=rss_feed Fri, 06 Mar 2026 02:10:34 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rebounded on Thursday alongside other Asian markets from recent sell-offs triggered by surging oil prices, buoyed by robust economic data and the opening of China’s annual “two sessions” meeting. The Hang Seng Index closed 0.3 per cent higher at 25,321.34. The Hang Seng Tech Index slipped 0.7 per cent. On the mainland, the CSI 300 Index climbed 1 per cent and the Shanghai Composite Index added 0.6 per cent. South Korea’s Kospi led the gains in the Asia-Pacific region, surging... https://www.scmp.com/business/china-business/article/3345493/hong-kong-stocks-rebound-asian-peers-two-sessions-opens-china?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345493/hong-kong-stocks-rebound-asian-peers-two-sessions-opens-china?utm_source=rss_feed Thu, 05 Mar 2026 02:08:54 +0000 Zhang Shidong Zhang Shidong The fallout from surging oil prices has rippled across global asset classes, from stocks to bonds, as escalating military tensions in the Middle East reset investors’ expectations for inflation and the path of central bank policy. As US military strikes against Iran intensified, Brent crude traded near a two-year high of US$82.98 a barrel, while futures in New York touched US$75.75, a level not seen since January 2025. The spike in energy costs has revived fears of a renewed bout of inflation,... https://www.scmp.com/business/china-business/article/3345390/middle-east-flashpoint-rattles-markets-oil-surge-stokes-inflation-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345390/middle-east-flashpoint-rattles-markets-oil-surge-stokes-inflation-fears?utm_source=rss_feed Wed, 04 Mar 2026 07:50:37 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks fell to a nearly three-month low on Wednesday, as surging oil prices fuelled bets that rising energy costs would stoke inflation and cripple global growth. The Hang Seng Index closed 2 per cent lower at 25,249.48, the lowest since December 16. The Hang Seng Tech Index lost 1 per cent. On the mainland, the CSI 300 Index slid 1.1 per cent and the Shanghai Composite Index retreated 1 per cent. Brent oil jumped 1.3 per cent to US$82.46 a barrel and the futures contract for Nymex... https://www.scmp.com/business/china-business/article/3345334/surging-oil-prices-drive-hong-kong-stocks-6-month-low-inflation-jitters?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345334/surging-oil-prices-drive-hong-kong-stocks-6-month-low-inflation-jitters?utm_source=rss_feed Wed, 04 Mar 2026 02:05:22 +0000 Cao Li Cao Li Hong Kong stocks extended declines on Tuesday after panic selling gripped global markets, as the US-Iran war kept investors on edge and surging oil prices fuelled inflation concerns. The Hang Seng Index closed 1.1 per cent lower at 25,768.08 after losing 2.1 per cent on Monday. The Hang Seng Tech Index fell 2.3 per cent. On the mainland, the CSI 300 Index slid 1.5 per cent and the Shanghai Composite Index fell 1.4 per cent. Tensions between the US, its allies and Iran have disrupted global oil... https://www.scmp.com/business/markets/article/3345204/hong-kong-stocks-slide-second-day-us-iran-war-rattles-sentiment?utm_source=rss_feed https://www.scmp.com/business/markets/article/3345204/hong-kong-stocks-slide-second-day-us-iran-war-rattles-sentiment?utm_source=rss_feed Tue, 03 Mar 2026 02:14:04 +0000 Zhang Shidong Zhang Shidong Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the sixth entry in a series examining the complex economic recalibration driving China’s growth philosophy and its wide-ranging implications for local governments, financial investors and private enterprises. Stock investors will zero in on China’s annual parliamentary gathering this week for signals it could revive equity momentum, as fears of artificial intelligence-driven... https://www.scmp.com/business/china-business/article/3345073/investors-lock-npc-markets-seek-policy-lift-amid-ai-jitters?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345073/investors-lock-npc-markets-seek-policy-lift-amid-ai-jitters?utm_source=rss_feed Mon, 02 Mar 2026 23:30:07 +0000 Zhang Shidong Zhang Shidong Panic swept markets in Hong Kong and elsewhere in Asia, while oil and gold jumped on Monday, as a flare-up in geopolitical tensions put investors on edge after the US strikes on Iran. The risk-averse mood adds to the uncertainty and volatility surrounding global equities, which have recently been rattled by fears of displacement by artificial intelligence after trading at elevated levels. Iran virtually shut the Strait of Hormuz, through which about a fifth of the world’s shipments of oil and... https://www.scmp.com/business/china-business/article/3345062/hong-kong-stocks-fall-alongside-asian-equities-gold-oil-jump-iran-war?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345062/hong-kong-stocks-fall-alongside-asian-equities-gold-oil-jump-iran-war?utm_source=rss_feed Mon, 02 Mar 2026 01:56:52 +0000 Zhang Shidong Zhang Shidong Chinese stocks are emerging as a potential refuge for global investors seeking to steer clear of volatility tied to artificial intelligence trades, as policy support remains firm and signs of reflation begin to surface, according to global investment banks. A proprietary sentiment gauge tracking China’s yuan-denominated shares had improved over the past two weeks, Morgan Stanley said. The measure, compiled by the US bank from 12 indicators including turnover, margin balances and foreign passive... https://www.scmp.com/business/markets/article/3344853/china-stocks-shield-investors-ai-turbulence-ahead-key-meeting?utm_source=rss_feed https://www.scmp.com/business/markets/article/3344853/china-stocks-shield-investors-ai-turbulence-ahead-key-meeting?utm_source=rss_feed Fri, 27 Feb 2026 07:38:56 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks closed out February with the worst monthly decline since October as jitters about artificial intelligence’s potential disruption to traditional industries put investors on tenterhooks. For the month, the Hang Seng Index dropped 2.8 per cent, dragged down by Chinese technology stocks. The benchmark closed 1 per cent higher at 26,630.54 on Friday. The Hang Seng Tech Index gained 0.6 per cent, paring the decline in February to 10 per cent. On the mainland, the CSI 300 Index slipped... https://www.scmp.com/business/china-business/article/3344801/hong-kong-stocks-head-worst-month-october-ai-disruption-angst?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344801/hong-kong-stocks-head-worst-month-october-ai-disruption-angst?utm_source=rss_feed Fri, 27 Feb 2026 02:14:40 +0000 Zhang Shidong Zhang Shidong A rebound in Hong Kong stocks hit a snag, with the benchmark closing lower as results from US chip giant Nvidia failed to rekindle confidence in the artificial intelligence trade. The Hang Seng Index dropped 1.4 per cent to 26,381.02 at the close on Thursday. The Hang Seng Tech Index slumped 2.9 per cent. On the mainland, the CSI 300 Index slid 0.2 per cent and the Shanghai Composite Index was little changed. Alibaba Group Holding declined 3.2 per cent to HK$143.60 and Tencent Holdings fell 2... https://www.scmp.com/business/china-business/article/3344666/hong-kong-stocks-extend-rebound-nvidias-earnings-beat-boosts-ai-trade?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344666/hong-kong-stocks-extend-rebound-nvidias-earnings-beat-boosts-ai-trade?utm_source=rss_feed Thu, 26 Feb 2026 02:32:14 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rose in a relief rally on Wednesday, taking cues from a rebound in global tech stocks as concerns about disruption by artificial intelligence receded. The Hang Seng Index climbed 0.7 per cent to 26,765.72 at the close. The Hang Seng Tech Index slipped 0.2 per cent. On the mainland, the CSI 300 Index advanced 0.6 per cent and the Shanghai Composite Index added 0.7 per cent. HSBC Holdings surged 5.5 per cent to HK$142.70 after its full-year pre-tax profit beat estimates. Hotpot... https://www.scmp.com/business/china-business/article/3344526/hong-kong-stocks-rebound-relief-rally-global-ai-scare-fades?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344526/hong-kong-stocks-rebound-relief-rally-global-ai-scare-fades?utm_source=rss_feed Wed, 25 Feb 2026 02:03:32 +0000 Daniel Ren Daniel Ren Beijing is encouraging equity investors to pursue representative action against unscrupulous listed or delisted firms in an apparent effort to bolster confidence in the country’s stock markets, as trading resumed on Tuesday following a 10-day break. The Supreme People’s Court, mainland China’s highest judicial organ, also announced at a press conference that it would issue more edicts on civil compensation for insider trading and market manipulation to better safeguard retail investors’... https://www.scmp.com/business/markets/article/3344453/chinas-top-court-backs-legal-action-against-corrupt-firms-amid-equity-markets-rally?utm_source=rss_feed https://www.scmp.com/business/markets/article/3344453/chinas-top-court-backs-legal-action-against-corrupt-firms-amid-equity-markets-rally?utm_source=rss_feed Tue, 24 Feb 2026 10:00:20 +0000 Zhang Shidong,Themis Qi Zhang Shidong,Themis Qi Chinese stock investors have found a new favourite that could possibly take over the artificial intelligence trade, scooping up so-called rocket shares on bets that commercial aerospace will become the next battleground in the rivalry between Beijing and Washington. A gauge of commercial aerospace companies trading on the Shanghai and Shenzhen exchanges has risen about 10 per cent this year, adding to a 76 per cent increase in 2025, according to data from financial services provider Shanghai... https://www.scmp.com/business/china-business/article/3343815/ai-aerospace-china-meme-rocket-shares-take-race-us?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3343815/ai-aerospace-china-meme-rocket-shares-take-race-us?utm_source=rss_feed Sat, 21 Feb 2026 01:30:08 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks fell on Friday, almost wiping out a weekly gain, after a sell-off resumed on Wall Street on renewed concerns that artificial intelligence would disrupt business models across multiple industries. The Hang Seng Index slid 1.7 per cent to 26,567.12 at the close. For the week, the gauge barely budged, with a less than 0.1 per cent gain. The Hang Seng Tech Index dropped 0.9 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both retreated 1.3 per... https://www.scmp.com/business/china-business/article/3343394/hong-kong-stocks-decline-taking-cues-us-rout-jitters-about-ai-disruption?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3343394/hong-kong-stocks-decline-taking-cues-us-rout-jitters-about-ai-disruption?utm_source=rss_feed Fri, 13 Feb 2026 02:03:36 +0000 Julie Zhang Julie Zhang Unisplendour Corporation, a subsidiary of state-backed Tsinghua Holdings, has scrapped its Hong Kong listing plan that had been in the works for nearly a year. The Shenzhen-listed company said in an exchange filing on Wednesday that its board had voted to terminate the proposed share issuance on the Hong Kong stock exchange. The termination would not have any “significant impact” on its business operations, the statement added. Simultaneously, Unisplendour announced plans to raise up to 5.57... https://www.scmp.com/business/banking-finance/article/3343228/shenzhen-listed-unisplendour-abandons-year-long-effort-raise-funds-hong-kong?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3343228/shenzhen-listed-unisplendour-abandons-year-long-effort-raise-funds-hong-kong?utm_source=rss_feed Thu, 12 Feb 2026 00:00:37 +0000 Cao Li Cao Li Global index provider MSCI revised its China gauge on Wednesday, swapping property and conglomerates for semiconductor and artificial intelligence stocks in a sign of technology’s rising role in the economy. The MSCI China Index added tech stocks including SenseTime, Pony.ai and Hesai Technology for a second straight quarter of net constituent growth since late 2025, a move analysts said would accelerate capital flows into the country’s technology sector. Against a macro backdrop of a relatively... https://www.scmp.com/business/markets/article/3343220/index-compiler-msci-tilts-towards-chinese-tech-stocks-latest-revamp?utm_source=rss_feed https://www.scmp.com/business/markets/article/3343220/index-compiler-msci-tilts-towards-chinese-tech-stocks-latest-revamp?utm_source=rss_feed Wed, 11 Feb 2026 23:30:08 +0000 Zhang Shidong,Yulu Ao Zhang Shidong,Yulu Ao Hong Kong stocks gained, extending a rebound from a sell-off in technology companies, as traders returned to the risk-on mode on bets that the tumult has run its course. The Hang Seng Index rose 0.6 per cent to 27,183.15 at the close. The Hang Seng Tech Index climbed 0.6 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per cent. Pharmaceutical firm CSPC Pharmaceutical Group rallied 5.5 per cent to HK$10.32, and biotech firm Innovent Biologics gained 5... https://www.scmp.com/business/china-business/article/3342992/hong-kong-stocks-extend-bounce-back-tech-turbulence-risk-sentiment-returns?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342992/hong-kong-stocks-extend-bounce-back-tech-turbulence-risk-sentiment-returns?utm_source=rss_feed Tue, 10 Feb 2026 02:58:48 +0000 Zhang Shidong Zhang Shidong A landslide victory by Japan’s ruling party in an early parliamentary election aided a recovery in risk assets on Monday after a global tumult spurred by an unwinding of a stampede trade in commodities, as investors boosted bets that Prime Minister Sanae Takaichi would double down on government spending to sustain growth and inflation. Stocks in the Asia-Pacific region surged after Takaichi’s Liberal Democratic Party secured a two-thirds supermajority in the 465-seat lower house in the snap... https://www.scmp.com/business/china-business/article/3342880/nikkei-smashes-record-takaichis-landslide-victory-ignites-japan-back-trade?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342880/nikkei-smashes-record-takaichis-landslide-victory-ignites-japan-back-trade?utm_source=rss_feed Mon, 09 Feb 2026 05:00:12 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rose alongside other markets in Asia, as sentiment towards global risk assets stabilised and the victory of Japan’s ruling party in the parliamentary election boosted risk appetite. The Hang Seng Index added 1.8 per cent to 27,027.16 at the close, the highest in a week. The Hang Seng Tech Index gained 1.3 per cent. On the mainland, the CSI 300 Index climbed 1.6 per cent and the Shanghai Composite Index rose 1.4 per cent. Biotech firm Innovent Biologics surged 7.4 per cent to... https://www.scmp.com/business/china-business/article/3342863/hong-kong-stocks-start-week-strong-note-sentiment-stabilisation-japan-election?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342863/hong-kong-stocks-start-week-strong-note-sentiment-stabilisation-japan-election?utm_source=rss_feed Mon, 09 Feb 2026 02:06:04 +0000 Coco Feng Coco Feng Enterprises across China’s semiconductor industry recorded hefty profit growth last year, according to their unaudited financial results, driven by the country’s artificial intelligence infrastructure buildout and Beijing’s push for tech self-reliance. Graphics processing unit (GPU) designer Cambricon Technologies on Friday reported a net profit of 2.2 billion yuan (US$316 million) in 2025, its first profitable year, on the back of “the continuous rise in computing power demand within the AI... https://www.scmp.com/tech/tech-trends/article/3341834/chinas-semiconductor-firms-post-hefty-2025-profits-amid-ai-boom-tech-self-reliance-drive?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3341834/chinas-semiconductor-firms-post-hefty-2025-profits-amid-ai-boom-tech-self-reliance-drive?utm_source=rss_feed Sat, 31 Jan 2026 06:00:19 +0000 Fan Hou Fan Hou – https://www.scmp.com/plus/economy/china-economy/article/3341768/china-seeks-slow-bull-rally?utm_source=rss_feed https://www.scmp.com/plus/economy/china-economy/article/3341768/china-seeks-slow-bull-rally?utm_source=rss_feed Fri, 30 Jan 2026 04:11:25 +0000 Zhang Shidong Zhang Shidong A rebound in Hong Kong stocks continued on Friday after China’s central bank signalled more room for policy loosening and strong US economic data reinforced bullish bets on global equities, paring a weekly loss spurred by geopolitical jitters. The Hang Seng Index gained 0.5 per cent to 26,749.51 at the close, finishing at a one-week high and trimming the decline for the five-day period to 0.4 per cent. The Hang Seng Tech Index rose 0.6 per cent. On the mainland, movements in stock prices... https://www.scmp.com/business/china-business/article/3340920/hong-kong-stocks-rise-third-day-china-easing-hope-and-resilient-us-data?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3340920/hong-kong-stocks-rise-third-day-china-easing-hope-and-resilient-us-data?utm_source=rss_feed Fri, 23 Jan 2026 01:57:14 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks traded in a narrow range on Wednesday, as investors weighed the fallout on risk assets from escalating geopolitical tensions and the contagion effect of surging Japanese bond yields. The Hang Seng Index rose 0.4 per cent to 26,585.06 at the close after changing directions more than 10 times in choppy trading. The Hang Seng Tech Index gained 1.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per cent. Sentiment on stocks stabilised... https://www.scmp.com/business/china-business/article/3340621/hong-kong-stocks-trade-near-1-week-low-greenland-unease-japan-bond-yields?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3340621/hong-kong-stocks-trade-near-1-week-low-greenland-unease-japan-bond-yields?utm_source=rss_feed Wed, 21 Jan 2026 01:58:04 +0000 Zhang Shidong Zhang Shidong Jitters over China’s slowdown and uncertainty from geopolitical developments rattled Hong Kong stocks on Tuesday, leading the benchmark to its longest decline in two months. The Hang Seng Index fell 0.3 per cent to 26,487.51 at the close, capping a fourth day of declines for the longest such stretch since November 19. The Hang Seng Tech Index dropped 1.2 per cent. On the mainland, the CSI 300 Index slumped 0.3 per cent and the Shanghai Composite Index was little changed. The benchmark 10-year... https://www.scmp.com/business/china-business/article/3340487/hong-kong-stocks-trade-close-1-week-low-china-slowdown-jitters-tariff-dispute?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3340487/hong-kong-stocks-trade-close-1-week-low-china-slowdown-jitters-tariff-dispute?utm_source=rss_feed Tue, 20 Jan 2026 01:50:24 +0000