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FOR anyone who wasn’t paying attention, China is serious about its common prosperity drive.
HONG KONG: Asian shares steadied on Friday after losses earlier in the week, but China jitters and global growth concerns weighed on investors' minds, while the dollar sat near a three-week high.
HONG KONG: Asia's share markets were mixed and the dollar held steady on Tuesday, with investors awaiting U.S inflation data for more clues on when the Federal Reserve will taper stimulus.
HONG KONG: Technology stocks led Chinese shares lower as regulators took aim at gaming companies for focusing solely on profit, underscoring the market’s continued vulnerability to policy risks.
BEIJING: Chinese technology shares climbed yesterday after recording their best weekly advance since January as bargain hunters continued to load up on the beaten-down sector.
HONG KONG: Asian shares held onto their recent gains on Wednesday after last week's pummelling, as global equities rebounded thanks to a combination of positive COVID-19 vaccine news and easing worries over tapering of Federal Reserve stimulus.
HONG KONG (Reuters) - China's tech stocks slumped to new lows on Friday and Hong Kong's benchmark index hit an almost 10-month trough, as an unrelenting series of Chinese regulatory crackdowns crushed investors' confidence.
HONG KONG/SINGAPORE: Asian stocks slumped to their lowest levels this year and the dollar hit 10-month highs on Thursday as a double-whammy of worries about global growth and an end to central bank support drove nervous investors toward safe assets.
HONG KONG: Veteran fund manager Hugh Young said his firm bought the dip in Tencent Holdings Ltd and kept most of its other big-tech holdings in China largely unchanged during the recent selloff on expectations these stocks will emerge as winners despite policy crackdowns.