Loan rate cut weighs on Chinese banks' interest margins
The reduction in the loan rate is expected to negatively impact the interest margins and profits of Chinese banks.
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Hong Kong Welcome Middle-Eastern Companies
Hong Kong stands as a prime destination for companies from the Middle East, particularly benefiting those in the Energy and Renewable Energy.
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December Marks Peak Foreign Outflows from China Stocks in 2023
Amid escalating geopolitical tensions and a challenging year overall, Chinese stocks experienced their highest monthly outflows from global long-only funds in December 2023
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Alibaba's Abrupt Decision to Halt Cloud Unit Spin-Off Erases $20 Billion from Shares
Alibaba's unexpected announcement to abandon its cloud business spin-off triggered a drastic downturn in its share value
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