The figure — more than $353 billion — represents the amount of margin loans sought by the city’s retail investors to bet on red-hot initial public offerings this year. The f

DONALD Trump’s push to restrict US investments in China is testing what in theory should be an ironclad financial relationship – the tight link between Chinese shares trading in New York and Hong Kong.

Chinese tech giant Alibaba said its latest AI reasoning model, QwQ-32B, “rivals cutting-edge reasoning model, e.g., DeepSeek-R1.”

Alibaba Group declined on Monday and Tuesday triggered by President Donald Trump's remarks to limit Chinese spending and investment.

Asian stocks fell after President Donald Trump's move to curb Chinese investments and proceed with tariffs on Canada and Mexico prompted investors to trim risky bets. A decline in US stocks at the end of trading also hurt sentiment.

The combined wealth of tycoons on the 2025 Forbes list of Hong Kong’s 50 Richest edged up to US$301 billion from $296 billion last year.

Asian shares experienced a biddable session on Monday with Indonesia leading, Taiwan trailing, and South Korea being a holiday due to Independence Day. Hong Kon

U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud infrastructure over the next three years.

Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for Independence Day.