Advertisement
Daisy Wu
Reporter, Business
Daisy holds a master's degree in journalism from the University of Hong Kong. She previously worked at a global advisory firm, specialising in due diligence and risk identification.
Daisy holds a master's degree in journalism from the University of Hong Kong. She previously worked at a global advisory firm, specialising in due diligence and risk identification.
Areas of Expertise:
Capital markets, IPOs, corporate affairsLanguages Spoken:
English, Mandarin
Top US quant teams unable to beat native competitors in mainland China unlike in Japan or India, despite regulatory clampdown on trading.
China’s quant funds face scrutiny from retail traders and regulators, driven by their large returns and use of AI.
Economists and financial analysts warn abandoning the anchor would pose risks that far outweigh potential rewards.
City’s attractions include international banking system, deep capital markets, offshore yuan pool and close links with mainland.
Advertisement
Prudential, AIA and HSBC slid following report of the insurance levy, though Goldman Sachs says profit fallout may be limited.
Hong Kong absorbed nearly two-thirds of mainland China’s portfolio outflows last year and now holds about half of the total external stock, IIF says.
Arriving hot on the heels of the city’s landmark China government bond futures rollout, the latest tranche reinforces Hong Kong's role as a ‘superconnector’.
Analysts at investment bank say Beijing has become de facto ‘volatility arbiter’ for global commodity markets.
The development bank aims to raise a record US$11 billion this year, as it continues to broaden its operations, according to a senior official.
Regulators intensify pursuit of corporate insiders, imposing fines and bans to restore stock market confidence amid widespread violations.
Investor appetite, international precious metals trading hub ambitions drive growth as imports hit highest volume since late 2014.
Analysts say China’s risk-averse financial policy is diverting capital to Wall Street, advising the building of ‘good bubbles’ to promote growth.
Some investors accuse quant funds of accelerating the July decline through share dumping, reigniting suspicions rooted in the 2015 crash.
As the first half of 2026 sees record-low US debuts for Chinese firms, CSRC data shows a steadfast pipeline of firms keen to list in the US.
Following sharp sell-off, China Securities Regulatory Commission announces raft of measures aimed at maintaining smooth market operations.
Price differentials, changing consumer habits make mainland China a ‘major hotspot’ for Hongkongers’ spending, UnionPay International says.
Bank of China uses mBridge for two cross-border transfers worth more than US$1.7 billion each, as CBDC platform gathers momentum.
Heavyweights such as Alibaba gain as analysts bet on business models of locally listed tech companies that differ from US counterparts.
In the latest sign of government support, five state-backed insurers say they will continue to boost their equity holdings.
Wall Street giant adjusts emerging market asset allocation recommendation, identifying China as benefiting from a broadening market rally.
Beijing linking its retail payment networks with Dubai is another step toward yuan internationalisation and reducing US dollar reliance.
Oxford’s Ian Goldin says extreme concentration of capital in tech giants exposes global investors to a looming and painful valuation reversal.
The government-owned investment firm generated nearly HK$6.5 billion in its second year, as Hong Kong’s economic vision begins to take shape.
Bank of China led the roll-out of the yuan-denominated assets, with three of its overseas units executing the first transactions.
Under the mainland-Hong Kong Connect programme, northbound holdings rise to record high of 3.13 trillion yuan by end of June.
Zhipu AI bucked the downward trend to surge over 11 per cent as volatility surrounding its recent IPO share unlocking began to ease.
The Hang Seng Index closed high on Wednesday as investors stood firm and held onto newly unlocked shares following post-IPO lock up expiries.
Officials deploy multipronged strategy – from tax incentives to new gold clearing system – to recalibrate city’s global standing amid shifting capital flows, regulatory changes.
The governor of China’s central bank says Beijing is set to increase capital allocation to the city to 800 billion yuan under the Bond Connect scheme.
