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News 2026-10-26 02:02 UTC

Hong Kong Stocks Flat Amid AI Concerns

The Hang Seng Index traded nearly flat at around 23,057 on Monday, as investors weighed easing oil prices against concerns over technology valuations and China's growth outlook. Brent crude fell 1.0% to US$115.48 a barrel amid diplomatic efforts to ease Middle East tensions. However, technology shares remained under pr

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