logo
Morgan Stanley Says Hong Kong's Housing Sector Is Bottoming Out

Morgan Stanley Says Hong Kong's Housing Sector Is Bottoming Out

Bloomberg20-06-2025
Hong Kong's residential property market is poised for a recovery after enduring a seven-year downturn, according to Morgan Stanley.
Home prices in the city are set to bottom out, driven by an influx of mainland Chinese buyers, improved capital markets and a recent plunge in interest rates, analysts led by Praveen Choudhary said in a report dated June 19.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

NVDA: Morgan Stanley Says 'Time to Power Up' Nvidia Ahead of Earnings
NVDA: Morgan Stanley Says 'Time to Power Up' Nvidia Ahead of Earnings

Yahoo

time36 minutes ago

  • Yahoo

NVDA: Morgan Stanley Says 'Time to Power Up' Nvidia Ahead of Earnings

Aug 19 - Morgan Stanley raised its price target on Nvidia and told investors now feels like time to power up for the chipmaker, sending fresh optimism into the market ahead of Nvidia's Aug. 27 Q2 FY26 report. Morgan Stanley's Joseph Moore kept a "Buy" view and nudged the target to $206, citing strong, ongoing customer demand and improving supply for Blackwell GPUs. He now models higher revenue and EPS for 2026, reflecting faster rack assembly and more shipments expected later this year and into early 2026. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Moore also expects Nvidia to hold roughly an 85% market share in AI datacenter chips next year, leaving rivals with a steep catch-up task. The analyst sees July and October revenue beats relative to prior estimates and raised his 2026 revenue/EPS outlook accordingly. While China licensing and supply variables could influence near-term results, the firm's updated forecasts underline a durable demand backdrop from hyperscale cloud customers and growing traction among smaller cloud buyers. That mix helps explain why Wall Street looks bullish heading into the quarter. This article first appeared on GuruFocus.

Canada seeks meeting to address China's WTO complaint over steel tariffs
Canada seeks meeting to address China's WTO complaint over steel tariffs

Yahoo

timean hour ago

  • Yahoo

Canada seeks meeting to address China's WTO complaint over steel tariffs

OTTAWA — Canada is defending its steel tariffs against China after Beijing lodged a complaint last week at the World Trade Organization. Beijing is taking issue with Canada's 25 per cent surtax on imports that contain steel melted or poured in China, calling the duties discriminatory and urging Ottawa to reverse course. Prime Minister Mark Carney imposed the tariff last month in a bid to protect Canada's domestic industry amid the United States' global trade war and allegations of steel dumping from some foreign markets. A spokesperson for International Trade Minister Maninder Sidhu says Canada's tariffs are in direct response to China's efforts to act outside traditional market dynamics. Sidhu's communications director Huzaif Qaisar says Chinese overcapacity is undermining Canada's steel sector and threatening Canadian jobs. He says the tariffs are consistent with international trade obligations and Canada is pressing for a joint economic and trade commission meeting with China to put its concerns on the table. This report by The Canadian Press was first published Aug. 20, 2025. Craig Lord, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Why Taiwan Semiconductor Stock Tumbled Today
Why Taiwan Semiconductor Stock Tumbled Today

Yahoo

timean hour ago

  • Yahoo

Why Taiwan Semiconductor Stock Tumbled Today

Key Points The U.S. government wants to take a 10% stake in Intel. It also wants to convert the free grant money that it already promised Intel into payment for Intel shares. The government may do the same thing to TSMC. 10 stocks we like better than Taiwan Semiconductor Manufacturing › Contract semiconductor manufacturer Taiwan Semiconductor Manufacturing (NYSE: TSM) stock slid 2.2% through 12:22 p.m. ET Wednesday. Why? As you may have heard by now, President Trump is planning to take an equity stake in Intel (NASDAQ: INTC). All the cool kids are doing it Following passage of the Biden administration's CHIPS Act supporting the U.S. semiconductor industry, Intel was awarded $10.9 billion in grants. But as Bloomberg reports, the Trump White House is now negotiating with Intel to convert those grants into a 10% stake in Intel stock. But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion in U.S. government semiconductor subsidies. And now it seems U.S. Commerce Secretary Howard Lutnick may want to convert that grant into an equity stake as well. What does this mean for Taiwan Semiconductor Manufacturing stock? That's the question investors are pondering today: What does this mean for TSMC? If Commerce converts its $6.6 billion grant into a $6.6 billion investment in TSMC stock, it will effectively remove $6.6 billion in "free money" from TSMC's balance sheet. But TSMC would still get to keep the $6.6 billion -- in exchange for handing shares over to the government. It might also be better positioned to win further government subsidies. But what if the rumors prove false? What if the government invests only in Intel, and not in TSMC? That would seem to give the government a big incentive to make sure Intel "wins" the semiconductor market, perhaps at TSMC's expense. This is bad news for TSMC. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now? Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $654,781!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,076,588!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy. Why Taiwan Semiconductor Stock Tumbled Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store