What's the top performer in the TSX Composite this year? You may be surprised
This stock has emerged from nowhere to shine
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This stock has emerged from nowhere to shine
Stocks slide in Hong Kong amid the biggest sell-off in Alibaba Group in 13 months following the cancellation of a key part of its reorganisation amid heightened US-China tech rivalry.
Local stocks fail to hang onto Wednesday’s big rally amid concerns about weak tech earnings. The Xi-Biden meeting in San Francisco has done little to shore up appetite for riskier assets.
Cooling US inflation and a faster than anticipated increase in China’s retail and industrial figures aided sentiment, giving the Hang Seng Index its best gain in more than eight months.
Fund managers turn bullish towards cheap Chinese stocks after months of sell-off, but concerns over the country’s economic recovery linger as credit data falls short of expectations.