Latest news with #KevinLiu
South China Morning Post
12-03-2025
- Business
- South China Morning Post
Global banks see upside in Chinese stock rally as international capital ‘rotates' in
Chinese stocks are set to extend their world-beating rally, albeit at a slower pace, as breakthrough artificial intelligence (AI) technology is set to fuel earnings growth and boost valuations, according to global investment banks. Advertisement Foreign investors have been increasing their holdings of Chinese stocks in an orderly manner, and this rotation of funds from regional markets suggested that any re-rating of Chinese equities could lead to significant capital inflows, they said. 'We have observed that some Asia-Pacific regional investors have already taken action,' said Kevin Liu, chief offshore China and overseas portfolio strategic analyst at CICC Research. 'Their positions are equal weight or even overweight.' 'A short-term fluctuation doesn't equal a pullback, and markets might go up if there are new catalysts.' Hong Kong stocks slipped for a third straight day on Tuesday, tracking losses in major Asian markets, amid concerns that rising tensions stoked by US trade policies will hurt economic growth and fuel recession risks. Advertisement The Hang Seng Index slid slightly to close at 23,782.14 after slumping as much as 2.3 per cent, adding to a 1.9 per cent loss on Monday and a 0.6 per cent setback on Friday. The Hang Seng Tech Index rose 1.4 per cent. The CSI 300 Index edged up 0.3 per cent, and the Shanghai Composite Index added 0.4 per cent.
Boston Globe
27-02-2025
- Entertainment
- Boston Globe
It's all you can meat at Mikiya Wagyu Shabu House
The backstory: Mikiya comes from the California-based Chubby Group, which is behind a myriad of concepts. There are Mikiya branches in California, Vegas, New York, and more. Managing partner Kevin Liu is local, and also cofounded Brookline's Matsunori Handroll Bar, which recently expanded to Long Island City. What to eat: Choose from one of the set menus: Basic ($45 per person), Silver ($55), Gold ($78), or Diamond ($98). (If you buy a year's membership for $28, you can knock off a few dollars by claiming the member price.) Everyone at the table must choose the same tier. The Basic wagyu set gets you American wagyu, chicken, pork, and vegetables. The Diamond wagyu set includes Japanese A5 wagyu, seafood, specialty dishes like sweet shrimp sashimi and wagyu nigiri, and more. Choose two broths, available in sukiyaki, spicy miso, tomato, and house flavors; these are what you'll cook your food in. Then head to the condiment bar to fill bowls with soy sauce, garlic, Thai chiles, and more. Sit down, get cooking, and eat as much as you can. Everyone gets ice cream for dessert, not that it's a good use of your stomach or your time. Get Winter Soup Club A six-week series featuring soup recipes and cozy vibes, plus side dishes and toppings, to get us all through the winter. Enter Email Sign Up Celine Nguyen arranges ingredients at Mikiya Wagyu Shabu House in Chinatown. Erin Clark/Globe Staff Advertisement What to drink: The self-serve drinks station has unlimited soda and green and black milk tea. The takeaway: We tried the Gold set, sampling several kinds of Japanese A5 wagyu and some Australian cuts. We enjoyed the seafood platter as much as the meat. But we are lightweights who failed to do the all-you-can-eat concept justice. The place was full, and people were in serious consumption mode. Bring on the meat sweats! If you love a buffet, and are wagyu-curious, Mikiya is a good deal. Pro tip: Visit the bathroom for some floss and mouthwash before you head out to meet friends who didn't just consume 12 heads of raw garlic and a cow's worth of chuck ribeye and brisket. 21 Hudson St., Chinatown, Boston, 617-229-6386, Advertisement Stacks of plates display thin-sliced A5 wagyu brisket in a refrigerated case at Mikiya Wagyu Shabu House in Chinatown. The highly marbled beef is precisely portioned and ready to serve to diners at the all-you-can-eat hot pot restaurant. Erin Clark/Globe Staff Devra First can be reached at
Reuters
25-02-2025
- Business
- Reuters
HEDGE FLOW Asia equities exhibit record bullish momentum, Goldman Sachs says
HONG KONG, Feb 25 (Reuters) - Hedge funds' willingness to boost bets on Asian stocks last week rose to its highest level on Goldman Sachs record since 2016, the bank said in a note. Long positions exceeded short positions by a ratio of 1.5 to 1, with China and Hong Kong accounting for nearly half of the regional inflows from February 14 to 20, according to the note this week. Japan contributed 23% of gross inflows, followed by Taiwan and Australia. "Asia is now the most overweight region versus MSCI AC World weights," at the expense of hedge funds rotating out of North America, the bank said, based on the hedge fund exposure it tracks. Hong Kong and China A-share markets have outperformed global peers in the past month, as the emergence of DeepSeek fuelled a tech rally and ignited animal spirits, driving Hang Seng Index to a three-year high at 23688.45. Its sub-tech index has advanced for six straight weeks. Hot stocks such as Alibaba Group ( opens new tab surged over 60% year-to-date. The extreme bullishness has led to some concerns that there is too much optimism over China's recovery and the U.S.-China competition. Both Hong Kong and China shares suffered sell-offs this week after the Trump administration issued the "America First Investment Policy", which aims to enhance restrictions on China. Kevin Liu, a strategist at CICC Research, suggested investors take some profits around the 23,000-24,000 level for the Hang Seng index, as sentiment and technical indicators look overextended. Get a look at the day ahead in Asian and global markets with the Morning Bid Asia newsletter. Sign up here.
Bloomberg
31-01-2025
- Business
- Bloomberg
Point72 Lures Marshall Wace's Liu With $50 Million Pay Package
Steve Cohen's Point72 Asset Management has hired Marshall Wace portfolio manager Kevin Liu, promising a compensation package of at least $50 million, according to people with knowledge of the matter. New York-based Liu is set to join Point72 later this year as a long-short equity portfolio manager focused on technology, media and telecommunications, said one of the people, all of whom requested anonymity discussing confidential information.
