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BUSINESSJul 16Goldman Sachs backs HKEX with ‘buy rating’, citing Beijing’s policy support, AI stock boostWall Street investment bank Goldman Sachs has cast a vote of confidence in Hong Kong’s financial future by reaffirming its “buy rating” on Hong Kong Exchanges and Clearing (HKEX), as Beijing ramps up policy support to cement the city’s status as an international financial centre. “We see multiple tailwinds to ADT [average daily turnover] and revenue growth” in the second half of this year, analysts Thomas Wang and Simone Chen wrote in a research note on Wednesday. The move comes amid weak share...South China Morning Post
BUSINESSJul 16The Coming Clash Between China and EuropeWhy a trade war can’t be avoided.Foreign Affairs
BUSINESSJul 16Alibaba and Baidu shares jump in Hong Kong on Apple AI partnershipThe technological rivalry between China and the U.S. has intensified, as they race for AI dominance.CNBC
BUSINESSJul 16Mainland China funds increase stakes in Hong Kong biotech amid surge of licensing dealsA growing number of mainland Chinese institutional fund managers have built up stakes in Hong Kong-listed biotechnology stocks over the past month, drawn by attractive valuations amid a surge in cross-border licensing deals in the sector. China’s largest mutual fund manager, E Fund Management, has taken a 7 per cent stake in gene-editing biotechnology firm Biocytogen Pharmaceuticals, buying additional 91,500 shares in the Beijing-based firm at an average price of HK$46.90 each on July 2,...South China Morning Post
BUSINESSJul 16China economic divide is widening in era of protectionismChina's economic divide is reportedly widening amidst an era of protectionism. This indicates a significant trend in the global economy and China's internal market structure.theage.com.au · Australia
BUSINESSJul 16Xinhua Headlines : China posts resilient H1 growth as 15th Five - Year Plan gets underwayChina has reported resilient economic growth in the first half of the year. This occurs as the country begins its 15th Five-Year Plan.english.anhuinews.com · China
BUSINESSJul 16Korea lifts growth outlook , bets big on chip boomKorea has revised its growth outlook upwards, showing confidence in the chip industry's expansion. This indicates an optimistic economic forecast for the region, driven by technological advancements.koreaherald.com · South Korea
BUSINESSJul 16Philippines’ iconic jeepneys face rocky road to go electricFor generations, jeepneys – brightly painted minibuses that are among the Philippines’ cheapest and most used forms of public transport – have run on diesel, but recent fuel shocks are forcing thousands of small operators and drivers to weigh volatile prices against the debt needed to go electric. Diesel prices spiked anew by nearly 5 pesos this week, as renewed tensions in the Gulf threatened to strain the country’s public transport sector, giving new urgency to the uneven shift towards...South China Morning Post
BUSINESSJul 16Why the West has an uphill task challenging China in pharmaceutical ingredientsFrom rare earth elements to commercial drones, Washington has become all too familiar with the strongest weapons in Beijing’s manufacturing arsenal – the materials and products where China holds a strategic advantage in production, extraction or any other link in the supply chain. After those near-monopolies provided Chinese policymakers considerable leverage in last year’s trade dispute, US think tanks are asking whether pharmaceuticals represent the next critical dependency. Their concern is...South China Morning Post
BUSINESSJul 16Bank of Korea raises rates to 2.75% in first hike in over three yearsThe 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.CNBC
BUSINESSJul 16China’s consumption has a new, fast-growing driver: local touristsIn the first half of this year, leisure travel within China exploded. As the summer travel season builds towards the Mid-Autumn Festival and the “golden week” that follows National Day on October 1, domestic travel has emerged as one of China’s most important, if underappreciated, drivers of consumption and growth. During the extended Chinese New Year holiday, travel and consumer spending boomed. Domestic trips jumped to 596 million and spending surpassed 803 billion yuan (US$118.13 billion),...South China Morning Post
BUSINESSJul 15New growth drivers mark China economic resilienceNew growth drivers are reportedly contributing to the economic resilience of China. This suggests evolving factors are supporting the country's economic stability and expansion.usa.chinadaily.com.cn · China
BUSINESSJul 15Amazon adds strategic warehouses in China to support its seller networkAmazon is expanding its operations by adding strategic warehouses in China. This move aims to support its seller network within the region.Seeking Alpha Tech
BUSINESSJul 15China economy grows 4 . 3 % in Q2 , slowest since late 2022China's economy grew by 4.3% in the second quarter, marking its slowest growth rate since late 2022. This economic data provides insight into the current state of China's economic performance.wdiy.org · United States
BUSINESSJul 15Korea bumps up growth forecast to 3 % while lowering jobs outlookKorea has increased its economic growth forecast to 3% but simultaneously lowered its jobs outlook, presenting a mixed economic picture.english.hani.co.kr · South Korea
BUSINESSJul 15Hong Kong airport profit falls 16.8% to HK$2b as expenses, salvage operation biteHong Kong’s airport has reported a 16.8 per cent decline in net profit to HK$2 billion (US$255.16 million) for the 2025-26 financial year, with the management citing a significant rise in expenses driven by the third runway’s operating costs and last year’s aircraft salvage operation. In its annual report released on Wednesday, the operator of Hong Kong International Airport (HKIA) said revenue grew 11 per cent year on year to HK$18 billion for the period ending March 31. Passenger throughput,...South China Morning Post
BUSINESSJul 15Connect scheme for gold shines light on China’s financial liberalisationWhen Hong Kong launched its latest Connect programme on July 7, most of the attention focused on gold. That misses the bigger story. Delivery Connect, part of the city’s new gold clearing and settlement system, is not simply another financial initiative but the latest evidence that Beijing has settled on a distinctive model for opening up China’s financial markets. Rather than embracing wholesale financial liberalisation, China is steadily integrating with global markets through carefully...South China Morning Post
BUSINESSJul 15China EconomyThis article discusses the economy of China. It likely covers various aspects of its economic performance or policies.kdhnews.com · United States
BUSINESSJul 15China EconomyThe article generally concerns the economy of China. It likely provides an overview or analysis of the nation's economic status.kdhnews.com · United States
BUSINESSJul 15Will diversification restore Hong Kong IPO title ? Think tank maps out planA think tank is proposing a plan to assess if diversification can help Hong Kong regain its leading position in IPOs. This discusses strategic economic planning for a financial center.scmp.com · China
BUSINESSJul 15Chipmaker CXMT Eyes $9.8b In Blockbuster China IPOChangXin Memory Technologies wants to rival US giant Micron and South Korea's Samsung Electronics and SK hynix in memory chips used in AI data centres. The post Chipmaker CXMT Eyes $9.8b In Blockbuster China IPO appeared first on Channels Television.Channels TV
BUSINESSJul 15Will diversification restore Hong Kong’s IPO title? Think tank maps out planHong Kong needs to diversify the source of its listed companies and investors if it is to reclaim its recently lost crown as the world’s top initial public offering (IPO) venue, according to a government think tank. “Hong Kong should continue to find ways to diversify both its listing issuers as well as potential future investors,” said Benjamin Hung Pi-cheng, chairman of the Financial Services Development Council (FSDC), at a media briefing on Wednesday. “That form of diversification enhances...South China Morning Post
BUSINESSJul 15Seoul Leads Asian Stocks Higher As US Inflation Eases Rate FearsStill, oil prices extended their rally Wednesday as American forces again hit Iranian sites and the US president reimposed a naval blockade of ships sailing to and from the country's ports. The post Seoul Leads Asian Stocks Higher As US Inflation Eases Rate Fears appeared first on Channels Television.Channels TV
BUSINESSJul 15CORRECTS : China says its economy grew 4 . 3 % in the last quarter from a year earlier , slowing from 5 % in Jan - MarchChina has reported its economy grew by 4.3% in the last quarter compared to the previous year. This growth rate represents a slowdown from the 5% recorded in the January-March period.leadertelegram.com · United States