{
}
Asian stocks showed a cautious start to 2025, with Japan's markets notably declining as investors reacted to hawkish Federal Reserve comments and upcoming economic data. Japan's index fell 1.3%, pressured by weak automobile sector performance and a failed takeover of U.S. Steel by Nippon Steel. Meanwhile, South Korea's market surged 1.6% amid political turmoil, while China's stocks remained steady, focusing on anticipated fiscal stimulus to combat deflation and a struggling property market.
UBS forecasts that destocking among Chinese developers will continue into 2025, with BEKE and CR Land identified as preferred entities. Meanwhile, Logan Group has reached an agreement with creditors on a holistic restructuring proposal for its offshore debt, totaling over $8 billion. In Henan, the satisfaction rate for 'whitelisted' real estate project financing was reported at 88% last year, with a loan scale exceeding RMB 120 billion.
Asian equities are set to rise following a rebound on Wall Street, where the S&P 500 and Nasdaq 100 ended a five-day losing streak, driven by renewed demand for tech stocks. Australian shares and futures for Hong Kong, Taiwan, and Singapore showed gains, while Japan's market declined. Investor interest in stocks signals a return to risk appetite, particularly in tech, as evidenced by Hon Hai Precision Industry's strong revenue report, indicating robust demand for AI infrastructure. Key economic data from China, Thailand, and Vietnam is expected, alongside interest rate decisions from Israel's central bank.
Arthur Hayes predicts a significant rally for Bitcoin in 2025, driven by China's anticipated interest rate cuts and the US Federal Reserve's low rate regime. The People's Bank of China's recent dovish policy aims to counter deflation and stimulate credit demand, potentially boosting cryptocurrency prices. Following the Fed's rate cut in September, Bitcoin surged past $60,000, highlighting its appeal amid global fiat debasement.
Innovent Biologics has entered a billion-dollar collaboration with Roche to develop IBI3009, a DLL3-targeted antibody drug conjugate for advanced small cell lung cancer. The agreement grants Roche exclusive global rights, with Innovent receiving an $80 million upfront payment and potential milestone payments up to $1 billion. IBI3009 has shown promising anti-tumor activity and a favorable safety profile in preclinical models.
Chinese equities are expected to remain volatile as investors await concrete fiscal policies to combat deflation and stimulate corporate earnings. Despite a 15% gain in the CSI 300 Index in 2024, uncertainty persists, with analysts predicting mixed outcomes for 2025 amid geopolitical tensions and potential US tariff hikes. The government's commitment to support the economy is noted, but effective measures are crucial for a sustainable recovery.
Apple's stock fell 2.62% at the start of 2025, influenced by a bearish UBS outlook and iPhone discounting in China, which could impact margins. The downgrade reflects concerns over iPhone sales momentum amid market saturation and competition, with revised estimates for December unit sales and revenue below consensus expectations. Despite the dip, Apple maintains a strong market position, supported by growth in services and wearables.
UBS Global Wealth Management advises Chinese investors to adopt a defensive strategy amid weak consumption and looming tariff increases from the U.S. President-elect Trump. Investors are encouraged to seek stocks with dividends over 6%, particularly in the banking, utilities, and energy sectors, as the CSI 300 Index faces significant declines.Despite government stimulus efforts, concerns about economic stability persist, prompting the Chinese government to issue ultra-long special treasury bonds to support consumer product programs and major projects. Meanwhile, bond yields have reached historic lows, with the 10-year government bond yield falling below 1.6%.
Chinese stock investors are advised to adopt a defensive strategy amid weak consumption and rising volatility due to impending higher tariffs from Donald Trump. UBS recommends focusing on stocks with dividend yields above 6%, particularly in sectors like banks, utilities, and energy, as the market faces economic uncertainties and falling bond yields. The government plans to issue more ultra-long special treasury bonds to support trade programs and major projects in response to these challenges.
China is investigating whether protective measures are needed for its beef industry due to a significant rise in imports, which have increased by 106% in early 2024 compared to 2019. This surge has led to a 22% drop in domestic beef prices, pressuring local producers. Meanwhile, Brazil, the main beef supplier to China, is concerned and plans to defend its exporters' interests.
Chinese Yuan
Currency
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Asian stocks falter as investors await key economic data and Fed signals
South Korean Won
Chinese Yuan
United States Dollar
Japanese Yen
Nippon Steel Corp
HKG
CHN
AUS
KOR
TWN
SGP
JPN
IND
Joe Biden
Yoon Suk Yeol
Show more
04:09 06.01.2025
Chinese developers face ongoing destocking challenges as restructuring efforts continue
03:58 06.01.2025
Asian markets poised for gains as Wall Street rebounds from losses
Thai Baht
Japanese Yen
United States Dollar
Chinese Yuan
Vietnamese Đồng
Hon Hai Precision Industry Co., Ltd.
NVIDIA Corp
HKG
USA
ISR
CHN
VNM
AUS
KOR
DEU
TWN
SGP
JPN
THA
Tom Barkin
Lisa D. Cook
Show more
23:31 05.01.2025
China's Interest Rate Cut Expected to Boost Bitcoin Prices in 2025
Chinese Yuan
United States Dollar
BitMEX Token USD
Coinbase Global, Inc.
CHN
ZAF
USA
Arthur Hayes
Show more
14:44 05.01.2025
innovent biologics and roche partner on billion dollar oncology drug development
Chinese Yuan
United States Dollar
Australian Dollar
Innovent Biologics, Inc.
Hoffmann-La Roche AG
AUS
CHN
USA
Show more
07:15 05.01.2025
chinese stocks face uncertainty amid policy shifts and economic challenges
Chinese Yuan
Hong Kong Dollar
United States Dollar
JPMORGAN CSI A50 ETF
DWS Group GmbH & Co. KGaA
The Goldman Sachs Group, Inc.
Morgan Stanley
T. Rowe Price Group, Inc.
Soochow Securities Co., Ltd.
CCB International Investment Fu
CHN
Aaron Costello
Laura Wang
Marcella Chow
Xi Jinping
Kinger Lau
Jessica Tea
Ivy Ng
Thomas Poullaouec
Charu Chanana
Show more
03:00 04.01.2025
apple stock declines amid china discounting and bearish outlook from ubs
10:27 03.01.2025
ubs advises caution for chinese investors amid tariff concerns and weak consumption
08:35 03.01.2025
ubs advises caution for chinese stock investors amid rising volatility
07:20 03.01.2025
China investigates beef import impacts on domestic industry and prices
Brazilian Real
Chinese Yuan
United States Dollar
Raiffeisen Bank International AG
CHN
BRA
USA
Show more
06:24 03.01.2025
Trending
Subcategory
Corporate News
Industry Trends
Global Trade Developments
Startups & Entrepreneurship
Stock Market Updates
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Supply Chain Management
Government Economic Policies
Cryptocurrency Trends
Private Equity Deals
Retail and Consumer Goods
Fintech Startups
Workplace Trends
Central Bank Actions
Central Banks and Digital Currencies
Venture Capital Investments
CEO Changes
Finance Mergers & Acquisitions
Global Financial Events
Countries:
Companies:
Apple Inc.
Foxconn Technology Co., Ltd.
NVIDIA Corporation
Nasdaq 100 Jun 25
Tencent Holdings Ltd
Google Inc.
Nikkei 225
Grab2Go AS
Boeing Co
Airbus SE
Amazon.com, Inc.
Oracle AI USD
AppLovin Corp.
Tesmec S.p.A.
DeepSeek R1 USD
LG Electronics Inc.
Tesla, Inc.
MARA Holdings, Inc.
Cleanspark Inc
Citigroup Inc.
Currencies:
United States Dollar
Euro
Indian Rupee
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
New Taiwan Dollar
Indonesian Rupiah
Saudi Riyal
Egyptian Pound
Hong Kong Dollar
Malaysian Ringgit
Filipino Peso
West African CFA Franc
South Korean Won
Thai Baht
Mexican Peso
Croatian Kuna
Bahraini Dinar
Offshore Chinese Yuan
People: