Latest news with #A-shares
Bloomberg
6 hours ago
- Business
- Bloomberg
JPMorgan Sees Upside for China Bank Stocks on Dividend, Margins
Chinese bank stocks are poised to rise in the second half, attracting dividend-seeking investors as the sector benefits from stabilizing net interest margins and growing fee income, according to a JPMorgan Chase & Co. analyst. Mainland-listed A-shares could climb as much as 15%, while Hong Kong-listed H-shares may gain up to 8%, Katherine Lei, an analyst at the firm, estimated in a note. She projected an average dividend yield of about 4.3% this year for mainland-listed bank stocks under JPMorgan's coverage.
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First Post
7 days ago
- Business
- First Post
Shares shine brighter than gold: With 124% return in 2019-25, Indian stocks beat yellow metal
The Nifty 50 index rose 124 per cent between August 2019 and August 2025, just ahead of gold's 117 per cent gain. By contrast, Chinese A-shares posted a modest 6 per cent increase over the same period Indian equities have narrowly outperformed gold over the past six years, even as the precious metal surged on safe-haven demand during a period of heightened geopolitical uncertainty, according to the latest Bits and Pieces report from research firm CLSA. The Nifty 50 index rose 124 per cent between August 2019 and August 2025, just ahead of gold's 117 per cent gain. By contrast, Chinese A-shares posted a modest 6 per cent increase over the same period, showing the divergence in equity performance across Asia. STORY CONTINUES BELOW THIS AD Tech and crypto lead global rally The standout performer globally was Nvidia, whose share price skyrocketed 4,225 per cent from $4 in 2019 to $173 in 2025, driven by the semiconductor boom and surging demand for AI-related hardware. The 'Magnificent 7' Index (comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla) jumped 766 per cent, cementing big tech's dominance in global equity returns, Economic Times reported. Bitcoin also staged a meteoric rise, climbing 1,001 per cent to $114,641, buoyed by mainstream adoption and public endorsements from the US president. The MSCI World Index, a benchmark for global equities, advanced 74 per cent. Macroeconomic backdrop The report places these gains against a backdrop of expanding global liquidity and rising debt levels. Global GDP grew 26 per cent over the period to $111 trillion, while global debt rose 27 per cent to $324 trillion. US government debt jumped 68 per cent to $37 trillion. Bond markets were the exception to the broader asset rally, with the Bloomberg Barclays Global Aggregate Bond Index slipping 2 per cent as rising interest rates weighed on fixed income returns. Safe-haven demand drives gold Gold's 117 per cent advance was fuelled by its role as a hedge against uncertainty, particularly after the Russia-Ukraine war erupted in 2022. Silver outperformed gold on a percentage basis, rising 124 per cent to $37 an ounce, aided by its dual role as a precious and industrial metal. Outlook CLSA's findings underline the widening gap in performance between technology-focused assets and more traditional investments. While the Nifty's performance signals resilience in India's equity market, the scale of Nvidia's rally and the rise of cryptocurrencies point to an investor preference for growth sectors capable of capitalising on structural technological shifts. The data also highlights that, despite macroeconomic headwinds, global risk appetite has remained strong, with liquidity and leverage fuelling returns across multiple asset classes.
Business Recorder
11-08-2025
- Business
- Business Recorder
China, HK stocks edge higher ahead of tariff deadline
HONG KONG: China and Hong Kong stocks rose on Monday as investors focussed on US-China trade truce developments, while shrugging off weekend data that highlighted persistent deflationary pressures in the world's second-largest economy. At market close, the Shanghai Composite index rose 0.3 percent to 3,647.55, the highest such close since Dec 16, 2021. The blue-chip CSI300 index was up 0.4 percent. Market participants widely expect another extension of the August 12 trade truce deadline following earlier talks in Stockholm. Analysts at Caitong Securities said in a note that the trade negotiations will likely result in an extension of reciprocal tariffs, and until US President Donald Trump's potential visit to China, the impact of US-China relations on A-shares could remain limited. However, fresh data showed factory-gate prices falling more than forecast as deflationary pressures persist across the Chinese economy, weighing on the sentiment. Leading gains onshore on Monday, the liquor sector jumped 2.5 percent, and AI-related stocks added 1.8 percent. Shares of lithium maker Tianqi and Ganfeng surged to near the 10 percent daily trading limits, after battery giant Contemporary Amperex Technology (CATL) said it had suspended production at a major lithium mine. In Hong Kong, the benchmark Hang Seng Index was up 0.2 percent at 24,906.81. The Tech index was flat, while Hang Seng Automobile Index rallied 1.9 percent. Investors are also awaiting earnings reports from market heavyweights later this week, including Tencent Meituan, and Alibaba. Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.30 percent while Japan's Nikkei index was up 1.9 percent.
Business Recorder
11-08-2025
- Business
- Business Recorder
China, Hong Kong stocks edge higher ahead of tariff deadline
HONG KONG: China and Hong Kong stocks rose on Monday, with investors focused on whether the U.S.-China trade truce deadline would be extended, while shrugging off data that highlighted persistent deflationary pressures in the world's second-largest economy. Market participants broadly expect another extension from the August 12 deadline for the trade truce after earlier talks in Stockholm. Meanwhile, markets largely looked past underwhelming Chinese price data at the weekend. The trade negotiations will likely result in an extension of reciprocal tariffs, and until U.S. President Donald Trump's potential visit to China, the impact of U.S.-China relations on A-shares could remain minimal, analysts at Caitong Securities said in a note. At the midday break on Monday, the Shanghai Composite index rose 0.5% to 3,653.50 points to build on the 2.1% gain last week. The blue-chip CSI300 index was up 0.6%. Leading gains onshore on Monday, the liquor sector jumped 2.1%, and AI-related stocks added 1.7%. Shares of lithium maker Tianqi and Ganfeng surged to near the 10% daily trading limits after battery giant Contemporary Amperex Technology (CATL) said it had suspended production at a major lithium mine. In Hong Kong, the benchmark Hang Seng Index was up 0.2% at 24,906.90. The Tech index added 0.1%, while the Chinese H-share index listed in Hong Kong, the Hang Seng China Enterprises Index was steady. Investors are also awaiting earnings reports from market heavyweights later this week, including Tencent Meituan, and Alibaba.
BusinessToday
05-07-2025
- Business
- BusinessToday
Hang Seng Ends Lower Amid Global Trade Jitters
The Hong Kong stock market closed in the red on July 4, with the Hang Seng Index falling 0.64% to end the day at 23,916.06, weighed down by global trade concerns and uncertainty over US economic policy. Investor sentiment remained cautious as markets awaited potential new US tariffs, with analysts warning that heightened geopolitical tension could further pressure regional equities. The technology and export-heavy sectors were among the hardest hit, dragging the index lower. While Chinese A-shares edged higher by 0.3% to 0.4% amid hopes of domestic stimulus, Hong Kong stocks underperformed, reflecting local economic fragility and external risks. Tech giants such as Alibaba Group Holding Ltd and Inc posted notable losses, contributing to the market's decline. Adding to investor unease was stronger-than-expected US jobs data, which dented hopes for a near-term interest rate cut by the Federal Reserve. The robust labour figures pushed Treasury yields higher and triggered a pullback in risk assets across global markets. The Hang Seng's loss on July 4 followed a broader weekly decline of 1.5%, underscoring growing investor caution heading into the second half of the year. With global trade policies and monetary decisions in flux, analysts expect continued volatility in the Hong Kong market in the coming days. However, hopes for targeted stimulus in mainland China may offer some support. Bottomline: Hong Kong equities ended lower amid global trade uncertainty and strong US economic data, as investors weighed external risks against potential regional policy support. Related
