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China's Economy Is Not In A Great Decline But A Great Transition
Home Market Outlook Economy Analysis China's Economy Is Not In A Great Decline But A Great Transition. China's economy has reached an important crossroads. Key factors behind China's growth miracle are losing steam. The country's economy is in a necessary transition rather than in any long-term decline.
Seeking Alpha · 23h ago
Alibaba's Logistics Arm Cainiao Boosts Employee Bonuses, Plans Major Incentive Overhaul
Alibaba's logistics arm Cainiao plans to double the year-end bonus for all employees in its next financial year. The move comes after Alibaba ditched the unit's initial public offering (IPO) of Cainiao Smart Logistics Network. Cainiao's move looks to boost employee sentiments.
Benzinga · 23h ago
Why Is NIO Stock Trading Lower Today?
NIO Inc. Shares are diving in the premarket session after the company slashes its first-quarter delivery outlook. The company expects to deliver approximately 30,000 vehicles in the first quarter of 2024. During the fourth quarter, the company's vehicle deliveries slumped 9.7% from the third quarter.
Benzinga · 1d ago
China: Industrial Profits Hit A 25-Month High Amid Signs Of Bottoming Out
China's industrial profits reached a 25-month high of 10.2% YoY YTD in the first two months of 2024. Industrial profits recovered to positive growth. More signs point to a recovery of industrials in 2024. If the recovery of manufacturing continues, it would contribute to reaching the 2024 growth target.
Seeking Alpha · 1d ago
Asia markets mixed as traders assess China, Australia economic data; yen hits 34-year low
Asia markets mixed as traders assess China, Australia economic data; yen hits 34-year low against the dollar. The yen hit a 34- years low against dollar on Wednesday. Investors look ahead to a raft of economic reports in Japan later this week. U.S. Stock futures rose on Wednesday in a likely technical rebound.
Seeking Alpha · 1d ago
China Industrial Profits swings to growth in Jan-Feb
China Industrial Profits swings to growth in Jan-Feb 2024. Profits earned by Chinese industrial firms increased by 10.2% year on year to CNY 914.06 billion in the first two months of the year. China's economic recovery gained steam at the start of 2024.
Seeking Alpha · 1d ago
Alibaba Halts Ling Shou Tong Operations, Proposes $3.75B Cainiao Share Purchase Amid Global Expansion Plans
Alibaba Group withdraws its initial public offering and listing application on the Hong Kong Stock Exchange. Alibaba Group has proposed an offer to minority shareholders to sell their shares to Alibaba Group at $0.62 per share. The company's logistics subsidiary, Cainiao Smart Logistics Network Limited, will be delisted.
Benzinga · 1d ago
Asia markets mixed taking cues from a weak lead on Wall Street ahead of the PCE index data
Asia markets mixed taking cues from a weak lead on Wall Street ahead of the PCE index data in the U.S. Japan -0.04%; China +0.14%. Markets now look ahead to a raft of economic reports in Japan later this week. Investors also cautiously awaited key reports in major economies for clues on the monetary policy path.
Seeking Alpha · 2d ago
How Does Global 'Friend-Shoring' Affect Chinese Manufacturers?
Deglobalization is changing the way companies manufacture products. US imports from China have declined but China's exports to the rest of the world have increased. Mexico and Vietnam have been big beneficiaries of changes to supply chains. But Chinese companies remain deeply involved in global manufacturing. Chinese companies comprise half of Apple's suppliers in Vietnam.
Seeking Alpha · 2d ago
Alibaba Hits Pause on Retail Platform to Reinvent Business Strategy and Dive into AI
Alibaba is pausing operations of Ling Shou Tong, its nine-year-old sourcing platform for small convenience stores. The platform was designed to digitize the supply, inventory, and logistics for small stores. LST had enrolled over 1.5 million stores by 2020.
Benzinga · 3d ago
Why Is Baidu Stock Trading Higher Monday?
Baidu, Inc will supply artificial intelligence services for the upcoming iPhone 16 and other Apple products in China. The collaboration reportedly extends to the Mac operating system and iOS 18. Baidu stock is trading higher on reports of Apple's partnership with the Chinese tech giant.
Benzinga · 3d ago
Weekly Report: what happened at PGJ last week (0318-0322)?
Weekly Report · 3d ago
Asia markets mixed after yen’s weakness raises fears of intervention from Japanese authorities
Asia markets mixed after yen’s weakness raises fears of intervention from Japanese authorities in currency markets. The Japanese yen steadied around 151.2 per dollar. China's offshore yuan appreciated past 7.25 per dollar, rebounding sharply from four-month lows. In the U.S. On Friday, all three major indexes closed mixed.
Seeking Alpha · 3d ago
Weekly Commentary: That's Our Story.
Home Market Outlook Today's Market Weekly Commentary: That's Our Story. Doug Noland says Powell's dovish mindset was limited to the inflation backdrop. He says markets are convinced the Fed will respond hastily to fledgling risks. Powell says the Fed is not concerned about second round inflation effects.
Seeking Alpha · 5d ago
Dynamics Down Under: Deciphering APAC's Economic Landscape
Home Market Outlook Economy Analysis Dynamics Down Under: Deciphering APAC's Economic Landscape. The Asia-Pacific region stands at a pivotal juncture. Wei Li, Global Chief Investment Strategist for BlackRock joined Oscar Pulido to discuss the intricacies of high inflation in the region.
Seeking Alpha · 5d ago
Our Thoughts On The Current Investability Of China
Manning & Napier says the case to invest in China as a Westerner has become less compelling. The Chinese economy has faced self-induced headwinds in recent years. The country's economy remains weak and consumers have shown a reluctance to increase spending. The company is reluctant to overweight Chinese equities despite attractive valuations.
Seeking Alpha · 6d ago
Asia markets mixed after yuan plunges 4-month low; Nikkei sets new high after inflation data
Asia markets mixed after yuan plunges 4-month low; Nikkei sets new high after inflation data. Japanese stocks scaled fresh all-time highs of above 41,000 on Friday. Offshore yuan falls past 7.25 per dollar as investors bet China will ease policy further to prop up economy.
Seeking Alpha · 6d ago
Why Is Baozun Stock Trading Lower Today?
Chinese e-commerce solutions provider Baozun Inc reported a fourth-quarter fiscal 2023 revenue growth of 8.9% year-on-year to RMB2.78 billion. The company lost 50% in value in the one-year period. Investors can gain exposure to the stock via Invesco Golden Dragon China ETF.
Benzinga · 6d ago
Asia markets advance after FOMC decision; Nikkei hits new all-time high
Seeking Alpha · 03/21 07:36
PBOC kept benchmark lending rates unchanged at the March fixing as expected
PBOC kept benchmark lending rates unchanged at the March fixing as expected in China. The 1-year loan prime rate remained at 3.45%, and the 5-year rate stood at 2.95%. The PBOC kept lending rates at record lows in its monthly fixing.
Seeking Alpha · 03/20 07:45
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