The lifting of restrictions imposed because of the coronavirus has led to an uptick in consumer spending, industrial output, and investment in China this year. Nonetheless, rising unemployment and a f...
Tag: ReOpening
Trip.com Financial Results Provide Important Insight Into China’s Reopening
China Last Night KraneShares Key News Asian equities were higher overnight, with China and Hong Kong underperforming. India was off for Holi, which celebrates the arrival of spring according to Google...
The Impact Of China’s Reopening
China has reopened its doors following its long zero-Covid policy. But now governments and energy firms around the world are waiting to see what this means both for the energy industry and global supp...
Hong Kong Mulls Reopening Crypto Trading for Retail Investors
Hong Kong looks ready to invite retail traders back to the crypto casino. In a new consultation paper, the Securities and Futures Commission of Hong Kong (SFC) proposed “to allow all types of in...
China’s reopening ‘good news’ for growth — but could be inflationary, economists warn at Davos
China’s reopening has been one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — China’s economic reopening might...
China’s reopening overwhelmingly positive to tackle inflation
OECD Secretary-General Mathias Cormann on Monday said China’s reopening is “overwhelmingly positive” in the global fight to tackle surging inflation. “We certainly very much we...
China’s reopening set to boost Hong Kong’s property market
In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The reta...
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
According to JPMorgan, a full recovery in Australia’s tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4 percentage points...
Asia-Pacific’s benchmark index enters a bull market, thanks to China’s reopening
The Chinese and Hong Kong flags flutter outside the Exchange Square complex in Hong Kong on Feb. 16, 2021. Zhang Wei | China News Service via Getty Images Asia-Pacific’s leading index entered a ...
Here are potential impacts of China’s reopening on markets, Goldman Sachs says
China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact on financial markets. In a note released...
Reopening Rolls On, Clean Tech Jumps, Week In Review
China Last Night KraneShares Week in Review Asian equities started 2023 with China outperforming as the country gears up to allow foreign visitors to enter the country quarantine-free starting Sunday....
Should you buy Chinese tech stocks now that China is reopening?
Chinese tech stocks are a great pick at current valuations but only for the long-term investors, says Anand Batepati of GFM Focus Investing. Which Chinese stocks does he recommend? Two names that part...
China’s Reopening Signals Return Of Bull Market
TOPSHOT – People sing slogans while gathering on a street in Shanghai on November 27, 2022, where … [+] protests against China’s zero-Covid policy took place the night before followi...
China is reopening after zero-Covid. But there’s a long road ahead
Shanghai’s main road lies empty during the evening rush hour on Thurs. Dec. 22, 2022, amid a wave of Covid infections. Future Publishing | Future Publishing | Getty Images BEIJING — It’s b...
China’s sudden ‘reopening’ reveals new economic challenges
People line up outside a fever clinic in Beijing on Dec. 14, 2022, just days after the country relaxed its Covid controls amid below-freezing weather in the capital city. Yuxuan Zhang | Afp | Getty Im...
Over $111k Transacted Between Terra Classic And Osmosis Within 24 Hours Of IBC Reopening
– Advertisement – Terra Classic IBC channel reopening to Osmosis sees promising transaction volume on the first day. Terra Classic community members have transacted over $111k via the Inte...
China’s Reopening Rally May Be Smoother Than Actual Covid Exit
(Bloomberg) — While China’s emergence from almost three years of pandemic isolation is paved with uncertainty, technical charts signal Chinese stocks may enjoy some smooth gains as the economy r...
Terra Classic Edward Kim On Reopening IBC Channel, Proposal 10983, Other Plans
Terra Rebels and Terra Classic core developer Edward Kim in a Twitter Space on Monday shared current progress related to re-opening Inter-Blockchain Communication (IBC) channels, Proposal 10983 to min...
Internet & Reopening Plays Roll On
China Last Night KraneShares Key News Asian equities were mostly higher as Hong Kong and Mainland China outperformed while Thailand was on holiday for the late King Bhumibol Adulyadej’s Birthday. The ...
U.S.-listed Chinese stocks rally as investors turn bullish on reopening shift
Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of Chinese companies listed in the U.S. jumped Monday after China loosened more Covid restrictions to accelerate th...
China Stocks Climb, Yuan Rises Past Key Level on Reopening Shift
(Bloomberg) — Chinese equities rose and the yuan jumped past the closely watched 7-per-dollar level for the first time since September, as authorities accelerated a shift toward reopening the ec...
China Traders Hunt for Long-Term Reopening Winners After Frenzy
(Bloomberg) — As China’s reopening starts to take shape, investor focus is increasingly seen shifting from frenzied stock bets to longer-term plays such as consumer and health-care shares. Most ...
U.S.-traded Chinese stocks clinch best week since at least March as reopening hopes help spark rebound
Shares of U.S.-traded Chinese stocks on Friday posted their best week since at least March, with one popular exchange-traded fund clinching its biggest weekly advance since 2011, as shared recovered f...
Reopening Drives Market Higher, Ignoring COVID Cases And PMIs
China Last Night KraneShares Key News Asian equity markets were largely higher as Hong Kong outperformed, Japan underperformed, and the Philippines were off for Bonifacio Day in honor of national hero...
China touts vaccination progress as it looks for a path to reopening
BEIJING — Mainland China announced significant progress Tuesday in getting Covid-19 booster shots for people “over age 80.” As of Monday, 65.8% of that age category had received booster sh...
Nikkei 225 price forecast for 2023 amid the reopening of the domestic economy
The Nikkei 225 index tracks 225 blue-chip companies traded on the Tokyo Stock Exchange. It went nowhere in 2022, hovering between 26,000 and 28,000 points, unable to hold below or above. The price act...
China Markets Rally on Reopening Bets, More Property Measures
(Bloomberg) — Bets on China’s reopening again added fuel to the nation’s assets on Tuesday, as investors parsed the latest commentary for signs of further loosening of Covid restrictions. Most R...
China Reopening Plays Rise As Pinduoduo Beats In Q3 Financial Results
China Last Night KraneShares Key News Asian equities were largely lower though off their intra-day lows, except for India and the Philippines, which managed small gains while Malaysia was closed for a...
Apple stock ‘could be the canary in the coal mine’ for China reopening: Strategist
Investors curious about the next move in the broader market would be wise to pay extra attention to shares of multinational tech giant Apple (AAPL). “One of the reasons that has been helping sen...
Terra Classic Developers Reopening Key IBC Channels To Boost $LUNC
Edward Kim, the core developer at Terra Rebels, comes up with a new proposal to re-enable the Terra Classic’s Inter Blockchain Communication (IBC) channels. The proposal aims to reopen IBCs for Osmosi...
China Stocks to Jump on Reopening and Property: Hao Hong
(Bloomberg) — China will reopen from its Covid Zero lockdowns gradually and its property sector will recover slowly with policy support, helping propel the country’s benchmark stock index by 13%...
Alibaba Will Be Critical Beneficiary Of China’s Reopening and Economic Recovery, Analysts Say
Mizuho analyst James Lee maintained Alibaba Group Holding Ltd (NYSE: BABA) with a Buy and cut the price target from $160 to $155. The ongoing COVID restrictions and slow macro has extended the 2H22 GM...