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Zhang Shidong
Senior Correspondent, Business
Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.
Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.
Areas of Expertise:
Stock markets, data miningLanguages Spoken:
English, Mandarin, Shanghai dialect
Maker of optical modules surpasses CATL in weighting thanks to off-the-charts demand from Alphabet, Amazon, Meta and Huawei.
Chinese investors are shifting from Hong Kong to mainland stocks, driven by AI opportunities and better returns.
Fund managers must now adhere to strict mandates, focusing on transparency and traditional industries, which will reshape investment strategies.
The share-price surge came as promising cancer trial data overshadowed continuing scrutiny of China’s biotechnology sector by US lawmakers.
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City emerges as a price-discovery hub, with mainland AI firms reversing a decades-old dual-listing order to secure global benchmarks.
Shanghai exchange revamp lifts tech weighting and adds chipmakers, signalling policy support and investor confidence.
Chinese AI model company hires Citic Securities to prepare a mainland share sale, with the listing venue yet to be confirmed.
Seven firms including Hesai, Geekplus and Deepexi join the index as investors question whether local benchmarks reflect fast-rising AI sector.
Chinese firm’s 159 per cent gain fuelled by optimism about its evolution from a PC-led hardware company to a hybrid AI platform.
Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development.
The metal is down nearly 20 per cent from its all-time high in January as investors focus on the Federal Reserve’s plans to combat inflation.
Chinese maker of LCD displays sees a surge in its share price following an attempt to diversify into AI with US manufacturer Corning.
As the robot manufacturer moves a step closer to its IPO, stocks of its investors and supply chain makers have shot up.
The assets involve a crackdown on Futu, Tiger Brokers and Long Bridge for offering mainland Chinese investors access to unlicensed trading.
Tencent, BeOne Medicines, Baidu and NetEase may lure fund inflows between US$200 million and US$1 billion, due to index weighting changes.
Options for potential exposure include brokerages offering access to US stocks, buying into SpaceX’s partners, and exchange-traded funds.
Additions to the benchmark Hang Seng Index, meanwhile, increase the number of constituents to 93 as the bourse operator presses ahead with expansion to 100.
ADRs of Tiger Brokers’ owner and Futu’s US-listed shares plunge after the suspension of their stockbroking businesses on the mainland.
Cash holdings rise among traditional firms listed in Hong Kong and Shanghai as productive places to deploy capital dwindle, analysts say.
The blockbuster offering’s repercussions could be far-reaching, drawing capital away from Hong Kong and the broader Asia-Pacific region.
Bank forecasts gains of 27 per cent for the MSCI China Index and 7 per cent for the CSI 300 this year.
The renewed pullback in Chinese EV stocks follows a brief rally that was driven by expectations of rising demand for alternative energy.
Despite sell-offs in the Asia-Pacific region, investors continue to bet that China’s technology stocks will extend their blistering run.
Outstanding value of bets passes US$420 billion amid seven-day record run, as investors drive indices to new highs.
Mainland benchmarks slip as investors lock in profits following Beijing summit, while analysts say the lack of specific deal terms suggests a deterioration ‘freeze’.
The beleaguered developer is reportedly trying to offload the 11 Skies project and secure fresh investment to improve its balance sheet.
With two funds trading at least 30 per cent above net asset values, the large premiums would trigger sell-offs when sentiment turns.
AI’s explosive growth is triggering a global power crisis, as data centres deploy backup generators amid soaring electricity demand.
Midea looks to tap into the debt market to fund its overseas expansion and boost offshore liquidity amid rising sentiment on the stock.
