HONG KONG/AMSTERDAM : Global investors fleeing China have one simple message for the country's leadership: put prudence aside for a short while, and start spending big.As they go from hope to disappointment and now capitulation, investors are losing patience with what they see as incoherent, slow and stin
HONG KONG/AMSTERDAM : Global investors fleeing China have one simple message for the country's leadership: put prudence aside for a short while, and start spending big.
"At this point there is confusion and, as long as there is confusion, then there's lack of credibility and that means investors are more likely to stay away," said Seema Shah, chief global strategist at Principal Global Investors in London. Zhao finds the lack of a policy response to the weakening economy an"eerie reprisal of China’s stubborn zero-Covid policy", which lasted three years before being suddenly dismantled last December.
Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management, says local governments should be allowed to quickly issue bonds, pointing to how the Chinese government and provinces had raised substantially less cash this year than in 2022. UBS Bank estimates China's total government debt was 111 trillion yuan in 2022, the bulk of which is owed by struggling provincial governments. Yet, overall debt at 92 per cent of what is the world's second-biggest economy is smaller than that in Japan or the United States.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Analysis:Investors look to AI-darling Nvidia's earnings as US stocks rally wobblesNEW YORK : Bullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks.Nvidia shares have tripled in 2023, underscoring how a rebound in megacap stocks and excitement over the business potential of artificial in
続きを読む »
Analysis:Arm's China relationship complicates IPOThe upcoming listing of semiconductor technology firm Arm Holdings Ltd is supposed to be strong medicine for what has been ailing the U.S. IPO market, as well as provide a shot in the arm for Arm owner Softbank Group Corp.There is one complication, however. Almost a quarter of Arm's revenue comes from an
続きを読む »
Analysis:Arm's clients turn IPO into tug of war for chip influenceNEW YORK/SAN FRANCISCO : A scramble among Arm Holdings Ltd's clients, comprising the world's biggest technology companies, to snap up shares in its initial public offering (IPO) is testing the semiconductor designer's adherence to not picking sides in the chip industry. Customers of Arm that have held tal
続きを読む »
Analysis:UK's handling of Microsoft deal sows doubts over post-Brexit directionLONDON : The long-running battle between Microsoft and Britain over the Activision Blizzard deal took another twist on Tuesday, raising more questions than answers about the country's approach to deals in the post-Brexit era. Britain's Competition and Markets Authority (CMA) has been locked in a dispute w
続きを読む »
Analysis: Biden’s no-show at Asean summit could cast doubts on US commitment to regionUS Vice-President Kamala Harris will attend the Asean Summit and other leaders' meetings in Jakarta while President Joe Biden goes to India for the G20 summit.
続きを読む »
China EV maker Zeekr to start investor tour ahead of US$1 billion US IPO: SourcesHONG KONG: Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a US$1 billion US initial public offering (IPO), said people with direct knowledge of the matter. It is hoping the share sale will yield a valuation of over US$13
続きを読む »