Hong Kong Internet Shout out Gong Hee Fat Choi, week in review

China last night Crane a week in review China released 2022 economic data this week. GDP grew +3.0% while retail sales fell -0.2%, less than expected. Chewy founder Ryan Cohen announces a stake in Alibaba and is calling for more share buybacks based on the company’s low valuation. Global economic leaders gather at the World … Read more

Markets Rise on Epic Foreign Influx as Internet Stocks Climb Wall of Worry, Week in Review

China last night Crane a week in review China CPI for December was released at +1.8% vs +1.6% in November, meeting expectations of 1.8%. On Wednesday, the World Bank halved its global GDP growth forecast for 2023, though it expects China’s GDP growth to be ahead of the pack. The China Passenger Vehicle Association released … Read more

Exclusive: China allows Didi apps back online, in the latest sign of a regulatory thaw

Jan 13 (Reuters) – Chinese authorities are set to allow ride-hailing app Didi Global and other apps back on local app stores as soon as next week, five sources told Reuters, in a further sign that their two-year regulatory crackdown is on the way. technology. sector ends. Didi is awaiting authorities’ approval to resume new … Read more

Travelers are rushing to take advantage of China’s reopening

BEIJING (AP) — Two years after separating from his wife in mainland China, Hong Kong resident Cheung Sing-pun made sure he was among the first in line after border crossing points reopened Sunday. The ability of residents of the semi-autonomous southern Chinese city to cross is one of the most visible signs of China’s easing … Read more

Asian stocks weigh China risks, and the yen hit a 6-month high

https://tmsnrt.rs/2zpUAr4 Asian markets recovered early losses, and US stock futures were flat The dollar broke below the 130 yen support level to reach a 6-month low Global growth fears are weighing on oil prices, but gold is rallying SYDNEY (Reuters) – Asian stocks recovered from early losses on Tuesday as investors weighed the near-term costs … Read more