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07/08/2025
White House Economic Adviser Committee Chairman Milan: headwind has turned into a tailwind.
Latest
1 m ago
New stock news | Haixi Pharma submits a second application to the Hong Kong Stock Exchange to create a diversified product portfolio and pipeline with a dual-track approach.
4 m ago
Great Wall Bank: It is expected that fee income will achieve high single-digit growth by 2025.
4 m ago
United Overseas Bank's net profit for the second quarter was 1.34 billion Singapore dollars, a 10% decrease year-on-year.
6 m ago
HSBC is optimistic about A-shares and focuses on opportunities in the new consumer track.
6 m ago
HSBC's latest views on the current investment market in China indicate that they are optimistic about A-shares and continue to favor sectors with high-quality growth styles. Kuang Zheng, Chief Investment Officer of HSBC Private Banking and Wealth Management in China, believes that the focus of monetary policy will be on enhancing policy transmission, promoting a decrease in the overall social financing cost, and advancing the use of structural monetary policy tools. In terms of funding direction, there may be increased support for industries such as technology innovation, service consumption, and elderly care. In the consumption sector, subsidies for trading in old products for new ones have led to strong growth in the retail sales of household appliances and audio-visual equipment, as well as furniture, with year-on-year growth rates of 30.7% and 22.9% respectively since the beginning of the year. At the same time, new trends and hotspots in Chinese consumption continue to emerge, with new consumer tracks such as tea drinks, trendy toys, light luxury goods, and pets rapidly rising in popularity (Securities Times).
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