TOPIC

/ company

Goldman Sachs

Goldman Sachs is a New York-based investment banking firm that engages in global investment banking, securities, investment management, and other financial services, primarily with institutional clients. Founded in 1869, the firm is recognised as one of the most prestigious institutions in the world, although its reputation has suffered after the financial sector drew fire since the global financial crisis.

Chairman / President

David Solomon

CEO / Managing Director

David Solomon

CFO / Finance Director

Lloyd Blankfein (Chairman and CEO)

Industry

Banking, Financial services

Website

GoldmanSachs.com

Headquarters address

200 West Street, New York, New York, U.S.

Stock Code

NYSE:GS

Year founded

1869

David Perdue is said to be visiting Hong Kong to speak at a Goldman Sachs conference on January 27. Photo: Getty Images via AFP

US-China relations

Exclusive | US envoy David Perdue to visit Hong Kong at the end of January, sources say

Envoy is expected to address a business conference and will spend several days in the city, according to people familiar with the matter.

16 Jan 2026 - 12:43PMvideocam

China manufacturing

Fears over China’s trade surplus misplaced as West also driving trend: analysts

13 Jan 2026 - 11:21PMvideocam

Mergers & Acquisitions

Johnnie Walker maker Diageo mulls options for China assets including sale: sources

13 Jan 2026 - 5:48PM

China's economic recovery

China cautions against ‘compound errors’ from clashing policies

Party mouthpiece calls for better coordination and market guidance as 15th five-year planning period begins, warning conflicting rules unsettle investors.

9 Jan 2026 - 8:30PM

The illuminated CCTV headquarters and nearby skyscrapers are seen on November 9 in Beijing. China’s leadership is calling for stronger policy narratives and prompt responses to market concerns. Photo: Getty Images

Yuan

Yuan to strengthen to 6.85 per US dollar in first quarter 2026: Morgan Stanley

Strong export growth and US dollar weakness are expected to bolster the currency, the bank says.

9 Jan 2026 - 10:02PM

China inflation

China’s consumer prices stay flat in 2025 amid focus on price wars

Beijing has been intensifying efforts to combat industrial overcapacity and fierce competition in key sectors, aiming to stabilise the economy and support growth.

9 Jan 2026 - 11:27AM

Made in China 2025

Chinese biotechs strike a record US$136 billion in out-licensing deals in 2025

Chinese drug makers signed 157 out-licensing deals with global pharmaceutical firms last year versus 94 a year earlier.

8 Jan 2026 - 8:30AM

Last year, China approved 76 innovative drugs, including 47 chemical drugs and 23 biologics. Photo: Shutterstock

China deflation

China discourages trend-chasing among officials, warning of ‘involution’

Communist Party newspaper says authorities should avoid ‘policy bandwagons’ that could lead to economic imbalances, urging plans based on local strengths.

7 Jan 2026 - 10:19PM

Banking & finance

China signals flexible use of monetary tools in 2026 to support 5-year plan

Boosting domestic demand, addressing debt risks and promoting yuan’s international use also priorities for coming year.

7 Jan 2026 - 4:30PMvideocam

China stock market

China stocks to see 20% upside on AI boom, overseas expansion: Goldman Sachs

Investment bank predicts the MSCI China Index of both yuan-traded stocks and Chinese firms trading in Hong Kong and the US to surge in 2026.

7 Jan 2026 - 4:38PM

People walk past a jumbo screen displaying the latest stock exchange and economic data in Shanghai. Photo: EPA

Banking & finance

Citic Securities claims top spot in Asia-Pacific investment banking for 2025

Chinese rivals fill out the rest of the top five, while US bank Morgan Stanley comes in sixth.

6 Jan 2026 - 8:56PM

Citic claimed the crown as the top bookrunner for Asia-Pacific-issued bonds with 6 per cent market share. Photo: Shutterstock Images

Banking & finance

US dollar, gold rise after Maduro abduction as investors seek safe havens

Yuan also remains relatively resilient as analysts predict the Chinese currency could strengthen to as high as 6.8 against the US dollar in 2026.

6 Jan 2026 - 6:33PMvideocam

Hong Kong stock market

Hong Kong stocks near 7-week high as Kuaishou surges, oil firms drop

‘Everyone is broadly constructive because earnings visibility still outweighs macro fear at this stage,’ analyst says.

5 Jan 2026 - 4:25PM

IPO

China AI start-up MiniMax kicks off US$538 million Hong Kong IPO

Start of Shanghai-based company’s share sale follows launch of rival Zhipu’s US$560 million IPO a day earlier.

31 Dec 2025 - 11:20AM

The company said it would start trading under stock code 0100 on January 9, with pricing expected on January 7. Photo: Shutterstock

Yuan

China sets yuan fixing rate at 15-month high amid offshore gains

The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal factors for rally.

29 Dec 2025 - 1:00PM

The People’s Bank of China set the yuan’s midpoint, or daily fixing rate, at 7.0331 to the US dollar on Monday. Photo: Getty Images

Malaysia

With 1MDB verdict due, will Malaysia’s Najib have to ‘prepare for the worst’?

The High Court will rule on abuse of power and money laundering charges, with Najib facing the prospect of lengthy prison terms if found guilty.

25 Dec 2025 - 7:15PM

Yuan

China’s offshore yuan breaks major benchmark as appreciation momentum builds

For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the next day.

29 Dec 2025 - 12:25PM

Gold in Hong Kong

Golden era: prices surge as rally on track for US$5,000 in 2026, analysts say

Rate cuts, geopolitical tensions and central banks’ buying spree push gold prices up by 72 per cent in 2025 – the biggest annual jump ever.

25 Dec 2025 - 9:30AM

Gold prices break through the US$4,500-per-ounce mark for the first time. Photo: AFP

China stock market

Chinese ETFs investing in US stocks cap subscriptions as they run out of quotas

GF Fund and E Fund have capped daily subscriptions at 10 yuan, while China Asset Management has stopped accepting new subscriptions.

24 Dec 2025 - 8:30AM

China consumption

China vows city-specific fixes to clear housing glut, stabilise property sector

Housing minister pledges to empower local governments to buy unsold inventory and shift towards selling only finished homes with a ‘what you see is what you get’ model.

23 Dec 2025 - 8:00PMvideocam

China stock market

Goldman forecasts continued growth for Chinese stocks in 2026 as risks fade

The US investment bank, having correctly predicted the stock market gains this year, expects the bull run to continue, but at a slower pace.

22 Dec 2025 - 3:45PM

An electronic board at the Shanghai Stock Exchange displays various market indicators. Photo: Reuters

China food security

Explainer | What does future hold for Brazil, US in China’s soybean balancing act?

The two countries remain top suppliers, but efforts to promote self-sufficiency are set to reduce reliance on imports.

18 Dec 2025 - 1:12AMvideocam

Soybeans are loaded into a truck in Dwight, Illinois, in August. Photo: Getty Images

China trade

China bets big on copper processing, but ‘weaponisation’ risks are low: analysts

Beijing views copper as critical for EVs and AI, but a reliance on imported ore limits China’s ability to use the strategic metal as leverage.

17 Dec 2025 - 6:00PMvideocam

Malaysia 1MDB scandal

Malaysia to get back US$30 million worth of fine art linked to 1MDB scandal

The 12 artworks, including pieces by Picasso and Matisse, were bought by a former lawyer for the state investment fund.

15 Dec 2025 - 2:33PM

China consumption

China’s growth engines sputter as retail and investment hit in November

Retail sales grew just 1.3 per cent, with growth momentum slowing for six straight months, and January-November investment fell 2.6 per cent as the property slump persisted.

15 Dec 2025 - 6:40PMvideocam

China’s retail sales, a key gauge of consumer spending, grew by only 1.3 per cent in November, year on year, falling well short of consensus expectations. Photo: Getty Images

China consumption

Forging ahead: China’s copper heartland vows to build US$28 billion empire

Shandong province plans to create a world-class smelting hub by 2027 to secure supply chains for the strategic metal as prices sizzle.

13 Dec 2025 - 11:00AM

Employees wind copper rods in July at a workshop that recycles copper in China’s Anhui province. Photo: AFP

China trade

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

12 Dec 2025 - 11:00AM

Hong Kong stock market

Hong Kong stocks advance as traders position for additional growth measures

Investors anticipate further easing on monetary, fiscal and property fronts after Beijing vowed to strengthen domestic market.

12 Dec 2025 - 4:43PM

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Goldman Sachs

.css-sioo19{color:#c79a00;}Exclusive | US envoy David Perdue to visit Hong Kong at the end of January, sources say

Envoy is expected to address a business conference and will spend several days in the city, according to people familiar with the matter.

Fears over China’s trade surplus misplaced as West also driving trend: analysts

Johnnie Walker maker Diageo mulls options for China assets including sale: sources

China cautions against ‘compound errors’ from clashing policies

Party mouthpiece calls for better coordination and market guidance as 15th five-year planning period begins, warning conflicting rules unsettle investors.

Yuan to strengthen to 6.85 per US dollar in first quarter 2026: Morgan Stanley

Strong export growth and US dollar weakness are expected to bolster the currency, the bank says.

China’s consumer prices stay flat in 2025 amid focus on price wars

Beijing has been intensifying efforts to combat industrial overcapacity and fierce competition in key sectors, aiming to stabilise the economy and support growth.

Chinese biotechs strike a record US$136 billion in out-licensing deals in 2025

Chinese drug makers signed 157 out-licensing deals with global pharmaceutical firms last year versus 94 a year earlier.

China discourages trend-chasing among officials, warning of ‘involution’

Communist Party newspaper says authorities should avoid ‘policy bandwagons’ that could lead to economic imbalances, urging plans based on local strengths.

China signals flexible use of monetary tools in 2026 to support 5-year plan

Boosting domestic demand, addressing debt risks and promoting yuan’s international use also priorities for coming year.

China stocks to see 20% upside on AI boom, overseas expansion: Goldman Sachs

Investment bank predicts the MSCI China Index of both yuan-traded stocks and Chinese firms trading in Hong Kong and the US to surge in 2026.

Citic Securities claims top spot in Asia-Pacific investment banking for 2025

Chinese rivals fill out the rest of the top five, while US bank Morgan Stanley comes in sixth.

US dollar, gold rise after Maduro abduction as investors seek safe havens

Yuan also remains relatively resilient as analysts predict the Chinese currency could strengthen to as high as 6.8 against the US dollar in 2026.

Hong Kong stocks near 7-week high as Kuaishou surges, oil firms drop

‘Everyone is broadly constructive because earnings visibility still outweighs macro fear at this stage,’ analyst says.

China AI start-up MiniMax kicks off US$538 million Hong Kong IPO

Start of Shanghai-based company’s share sale follows launch of rival Zhipu’s US$560 million IPO a day earlier.

China sets yuan fixing rate at 15-month high amid offshore gains

The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal factors for rally.

With 1MDB verdict due, will Malaysia’s Najib have to ‘prepare for the worst’?

The High Court will rule on abuse of power and money laundering charges, with Najib facing the prospect of lengthy prison terms if found guilty.

China’s offshore yuan breaks major benchmark as appreciation momentum builds

For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the next day.

Golden era: prices surge as rally on track for US$5,000 in 2026, analysts say

Rate cuts, geopolitical tensions and central banks’ buying spree push gold prices up by 72 per cent in 2025 – the biggest annual jump ever.

Chinese ETFs investing in US stocks cap subscriptions as they run out of quotas

GF Fund and E Fund have capped daily subscriptions at 10 yuan, while China Asset Management has stopped accepting new subscriptions.

China vows city-specific fixes to clear housing glut, stabilise property sector

Housing minister pledges to empower local governments to buy unsold inventory and shift towards selling only finished homes with a ‘what you see is what you get’ model.

Goldman forecasts continued growth for Chinese stocks in 2026 as risks fade

The US investment bank, having correctly predicted the stock market gains this year, expects the bull run to continue, but at a slower pace.

Explainer | What does future hold for Brazil, US in China’s soybean balancing act?

The two countries remain top suppliers, but efforts to promote self-sufficiency are set to reduce reliance on imports.

China bets big on copper processing, but ‘weaponisation’ risks are low: analysts

Beijing views copper as critical for EVs and AI, but a reliance on imported ore limits China’s ability to use the strategic metal as leverage.

Malaysia to get back US$30 million worth of fine art linked to 1MDB scandal

The 12 artworks, including pieces by Picasso and Matisse, were bought by a former lawyer for the state investment fund.

China’s growth engines sputter as retail and investment hit in November

Retail sales grew just 1.3 per cent, with growth momentum slowing for six straight months, and January-November investment fell 2.6 per cent as the property slump persisted.

Forging ahead: China’s copper heartland vows to build US$28 billion empire

Shandong province plans to create a world-class smelting hub by 2027 to secure supply chains for the strategic metal as prices sizzle.

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

Hong Kong stocks advance as traders position for additional growth measures

Investors anticipate further easing on monetary, fiscal and property fronts after Beijing vowed to strengthen domestic market.

Exclusive | US envoy David Perdue to visit Hong Kong at the end of January, sources say