China's cashed-up crowd is back in the stock market
Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local money is worth following into market segments sheltered from tariffs and likely to ride an eventual economic recovery.
Here's what Nvidia's CFO has to say about the China market
Nvidia CFO Colette Kress says the company saw a sequential pickup in data-center sales to the China market, reflecting growth in shipments of Hopper graphics processing units that are compliant with export rules.
Graphic: China’s economy, stock market face uncertain recovery
Slowing growth: China's gross domestic product grew 5.2% in 2023, and the IMF projects that will slow to 4.8% this year and continue to drop through the end of the decade. In the third quarter, GDP grew 4.6% year-over-year vs. 5.3% and 4.7% in Q1 and Q2, respectively.
Stocks Are Rising. Nvidia Is Leading the Market Higher.
Nvidia was leading the stock market higher in Thursday morning trading as the market continued to mostly shrug off geopolitical tensions. The Nasdaq Composite gained 0.6%. Nvidia was up 3.8% and rising.
Nvidia Gives Market Reasons to Sell the Stock. Why That’s a Good Thing and 5 Other Things to Know Today.
Indian billionaire Adani and others face U.S. fraud charges, Ford is cutting jobs as its EV business continues to face challenges, and more news to start your day.
China or the US: Which is a better market now to bet on global diversification?
The US equity markets seem to have an upper hand as investors wait for more stimulus measures from the Chinese government.
China offers a 'unique diversification opportunity,' says Bridgewater's co-CIO
Bob Prince said diversification is one of the most important themes for investors today because geopolitical problems are ...
China funds slash ETF fees, escalating price war in booming market
Major Chinese fund companies announced a reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, ...
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow ...
China Market Update: The Tale Of Two Chinas And Their Investors’ Returns
Asian equities were overall lower on a stronger U.S. dollar overnight, as Mainland China outperformed while Hong Kong and ...
Nio Stock Little Changed as Chinese EV Maker’s Quarterly Results Fall Short of Estimates
Nio's U.S.-listed shares are little changed in mid-day trading, after the Chinese electric vehicle maker reported ...
Stock market today: Asian shares gain, apart from in China, after Wall St regains its stride
Shares have advanced in Asia, apart from in China, after most U.S. stocks ticked higher to recover some of their sharp slide ...
Starbucks Might Sell Stake in China Operations. What It Means for the Stock.
Although Starbucks has been growing its store count in the country, a generally weaker consumer environment and fierce ...