Beijing has been actively intervening in the market in light of fragile investor sentiment and substantial selling pressure. However, the tactic won’t work in the long run. PetroChina's (00857.HK, 601 ...More
EJ Insight2015-07-29
Turkey and the United States are planning air cover for Syrian rebels and a joint sweep against Islamic State fighters along the Turkish border. The move is aimed at bolstering the NATO member's secur ...More
EJ Insight2015-07-28
Ride-sharing app Uber has caused an uproar among Hong Kong taxi drivers, creating an impression that our taxi drivers are stubbornly resistant to change. But the unease with Uber is a global phenomeno ...More
EJ Insight2015-07-27
Many foreign investors have criticized Beijing’s intervention measures to stem the stock market slide. However, it’s quite normal in China for the government to intervene in market operations. Fund ma ...More
EJ Insight2015-07-21
Beijing’s intervention measures to stem the recent panic sell-off in the stock market have some unexpected side-effect. Rumors have it that the government has outlined several plans to withdraw trilli ...More
EJ Insight2015-07-21
Chinese investors have suffered massive losses during the recent market meltdown. Each account lost as much as 420,000 yuan (US$67,630) on average within two weeks since June 15, according to data fr ...More
EJ Insight2015-07-20
China’s three growth engines -- investment, consumption and exports -- are showing signs of slowing growth. However, the financial industry expanded 17.4 percent in the first half, more than double t ...More
EJ Insight2015-07-17
A sharply lower fiscal deficit is being forecast by the White House for the US economy thanks to higher revenue and lower spending. The White House expects this year's budget deficit to come in a US$4 ...More
EJ Insight2015-07-15
Fears of yuan devaluation amid China's slowing economy are driving some mainland investors into the US dollar. Investors are also getting nervous about turbulence in the stock market which has prompte ...More
EJ Insight2015-07-13
China's A-share market is down about 35 percent from its recent peak, despite a 5.76 percent gain on Thursday. The rebound yesterday came amid weaker turnover. Investors who suffered heavy losses are ...More
EJ Insight2015-07-11
Beijing's heavy-handed rescue maneuvers for A-shares have added to the distortions in China's equity markets. One example is the rebound of the SSE 50 index – which reflects the performance of large-c ...More
EJ Insight2015-07-11
The collapse of Chinese share prices is reversing one of the market's biggest ever rallies and repeating a long history of spikes and retreats. While policymakers are trying to stop the free-fall that ...More
EJ Insight2015-07-10
China’s public security ministry is teaming up with the China Securities Regulatory Commission to investigate short selling as the government works to stem a stock plunge that has erased US$3.9 trilli ...More
EJ Insight2015-07-09
Hong Kong taxi drivers staged another protest Monday against car-hailing services provided by Uber and other technology firms. But the move appears to have been counter-productive, with reports sugges ...More
EJ Insight2015-07-08
I mentioned in mid-June in an interview with Bloomberg that the rally in A shares might not be sustained for long. However, I never expected the bull run to end so quickly. The State Council gathered ...More
EJ Insight2015-07-07
Chinese shares rose early Monday after Beijing introduced new measures to stem a three-week selloff that has wiped out about US$2.4 trillion in value, the Wall Street Journal reported. The market's ma ...More
EJ Insight2015-07-06
In December, world leaders will meet in Paris for the United Nations Climate Change Conference, where they will hammer out a comprehensive agreement to reduce carbon emissions and stem global warming. ...More
EJ Insight2015-06-25
Investment holding company Digital Domain Holdings Ltd. (00547.HK) moved to put a floor under its spiralling stock price after being linked to an investigation in the mainland. The investigation invol ...More
EJ Insight2015-06-05
The divergence between China’s economy and its equity market has widened. Since late last year, the Shanghai Composite Index has more than doubled to 4,500 points from 2,100 points. Some people questi ...More
EJ Insight2015-05-26
The Basic Law was promulgated in 1990 in a bid to stem the tide of emigration and capital outflow that started in the early 1980s when Beijing and London began talks on Hong Kong's future. If that was ...More
EJ Insight2015-05-22