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Shuli RenBloomberg |
The world’s biggest names in finance and tech congregated in Riyadh last week for Saudi Arabia’s flagship investment conference to pitch deals,...
China’s most powerful stock rally in a decade rose out of desperation, but can dissipate just as quickly if met with nothing but empty words. As of...
Don’t ever underestimate China’s ability to shock and awe. Just when global asset managers had given up for good, Beijing made an abrupt turn,...
Once bitten, twice shy. The supercharged stimulus measures China’s top leaders announced in recent days has left many investors unconvinced. After...
“Going out” is a major consideration among big Chinese corporations. Pressed by shrinking profit margins at home, China Inc. is keen to expand...
A shotgun marriage might avert an immediate catastrophe, but is not enough to bury all the conflicts. As regulators in Switzerland are finding out,...
Among those looking forward to the Federal Reserve’s interest rate cuts, few are as anxious as Hong Kong’s property tycoons who are now dealing...
I am a Pure rat. For more than a decade, I’ve been an avid member at Pure Group, whose swanky gyms and yoga studios across Asia attract overworked...
Many are worried that China is making way more than the world needs. From electric vehicles to solar panels, plunging prices at home and abroad are...
Just as Japan declares victory over using government bond yields to set monetary policy and boost economic growth, China begins its own. Yield-curve...
Multinationals have a puzzle that they need to tease out in China, the world’s biggest market for luxury products: What’s driving a slump in...
When two popular trades, such as buying US big tech stocks and selling the Japanese yen, are unraveling at the same time, investors naturally think...
China’s Politburo, its most powerful political body, meets four times a year to discuss the country’s leading economic and social issues. In the...
Global investors are gobbling up bonds that can be turned into stocks, feeling good about the prospects and return potentials of smaller companies. In...
Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chill. And as so often, the wind is blowing...
The disconnect between Wall Street and Main Street is reaching a flash point in China. President Xi Jinping has made it clear that he is no fan of...
China’s once-in-five-years conclave, where top officials brainstorm policies to chart the country’s economic future, is an important event. Pity...
The luxury industry’s foray into China is fairly new, but savvy young professionals are already bored with products synonymous with refined...
So what if China levies taxes on private jets and golf clubs? Clawing money out of the very rich isn’t going to push the country off a fiscal cliff....
People still spend money on small indulgences during economic downturns. If Chanel lipstick is the go-to item for women, milk tea drinks are soothing...
As China’s property downturn continues, local governments are trying to come up with an alternative development model to make ends meet and provide...
An economic slowdown at home has prompted Chinese firms to seek growth abroad. But the escalating US-China geopolitical tensions are getting in the...
Can private wealth management hubs stay neutral and discreet in an increasingly polarized world? Private banks in Zurich lost some of their shine...
Business travelers have been visiting Hong Kong in recent weeks, attending big finance conferences and mulling whether to wade back into China....
China and South Korea have a lot in common. Both are manufacturing powerhouses. Both have an educated workforce. Now, they also share something less...
South Korea has been trying to rein in the powerful family-run conglomerates for at least a decade, with little success. But a billion-dollar divorce...
Chinese love new apartment buildings, my real estate agent told me last year as I was looking to buy property in Hong Kong. Seeing herself as an...
As fundraising from pension and endowment funds slows, private credit managers have set their eyes on wealthy individuals. The success of the $54...
A few recent policy initiatives suggest that China is changing its economic priorities. To halt an unprecedented property downturn, Beijing is asking...
China is making its most forceful attempt yet to end an unprecedented property downturn. Mopping up excess supply is now on the priority list. To...
China will begin selling 1 trillion yuan ($138 billion) special sovereign bonds Friday, the fourth such sale in past 26 years. These offerings are...
It was not supposed to turn out this way. The US economy is strong, its labor market is tight, and people are spending. But a large chunk of the...
A third year into an unprecedented housing downturn, China’s President Xi Jinping seems to be finally getting worried, prompting speculation of...
All of a sudden, the mood in Hong Kong seems to have shifted. The $5.2 trillion stock market is on its longest winning streak since 2018, with Chinese...
Vietnam’s anti-corruption drive, which the ruling Communist Party chief Nguyen Phu Trong likened to a “blazing furnace,” is running hot. This...
There are two big problems in the world of currency trading. First, those who engage in carry trades tend — to use Gavekal Research’s founder...
Before AI replaces humans with machines, the arrival of private credit in Hong Kong is posing an existential threat to some of the city’s finance...
Which companies may blow up and which stock indexes will nosedive? Most investors are not distressed-debt specialists and are not keen to find out. ...
China’s first-quarter 5.3% growth handily beat expectations and Beijing’s own target of “around 5%.” But if you ask households, companies and...
Is China Vanke Co. the last one standing as the nation’s unprecedented property downturn and developer defaults enter a third year? In a Sunday...
Powered by social media, young people in China are traveling to the far corners of the country, places that those a decade or two older had missed. ...
Do people see residential property as a utility or an investment? Hong Kong’s property tycoons are racing to find out. Consider Uptown East in...
In the last two years, private credit has blossomed, along with the Federal Reserve’s rate hikes and banks’ retreat from risky lending. But as...
Cathie Wood seems to have the worst timing on artificial intelligence stocks. She offloaded Nvidia Corp.’s shares in early 2023, failing to grasp...
Just as private credit is becoming an asset class of its own and private equity houses are finding a new revenue stream away from their...
A third year into a property downturn, China is still seeking market-oriented solutions. Insolvent developers must be prepared for bankruptcy, the...
A curious thing is happening in China’s 29 trillion yuan ($4 trillion) government bond market. The yield differential between 30- and 10-year bonds...
China has decided on ambitious economic targets for 2024. The big question now is how it will reach those goals. The “around 5%” growth target...
Hong Kong is branding itself as a global wealth-management hub. The government doesn’t levy any capital gain. It’s offering generous tax breaks to...
As fiscal income from land sales evaporates, Hong Kong is removing all of its onerous property cooling measures that have been in place for over a...