China's top-ranked hedge fund managers, including Perseverance Asset Management International, cut holdings of Nvidia and US hyperscalers in the second quarter, with Perseverance slashing its Nvidia p…
Asian shares retreated Tuesday, with South Korea's Kospi slumping nearly 5% despite a rebound for AI stocks on Wall Street, as Samsung Electronics shares fell 7.7% even after reporting a 19-fold surge…
Asian markets fell sharply on Tuesday, with South Korea's Kospi dropping 7.6%, despite a rebound in AI stocks that lifted the S&P 500 to near a record. Samsung Electronics and SK Hynix slumped 8.7% ev…
Hong Kong faces a record US$274 billion wave of lock-up expirations this year, threatening to flood the market with freed shares from IPOs. Analysts warn of potential price pressure but see opportunit…