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News 2026-10-13 04:45 UTC

China blue chips fall to 14 — month low on tech selloff

HONG KONG, Oct 13 (Reuters) — China and Hong Kong stocks fell on Tuesday as a selloff in AI-related shares swept across Asia, pushing China's blue-chip index to its lowest in more than a year. * At the midday break, the blue-chip CSI300 Index was down 0.6%, hitting its weakest level since August 2025, while the Shangha

News 2026-10-07 03:29 UTC

Chinese Yuan May Be Undervalued -- Market Talk

0328 GMT - The Chinese yuan is undervalued by as much as 25%, Jonas Goltermann, chief markets economist at Capital Economics says in a note. Reducing China's trade surplus to a broadly balanced position would necessarily involve the yuan's significant appreciation, he says. That said, exchange rate adjustment alone wou

News 2026-09-21 20:32 UTC

Global Markets: Nasdaq hits record high, oil slips, yields fall

The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.