Meituan stock price has surged: technicals point to a 50% surge
Meituan’s stock price has staged a strong comeback as investors embraced a risk-on sentiment. It soared to a high of H$176.5 on Monday, its highest swing since January 2023. It…
PDD Holdings stock has rebounded but Temu risks remain
PDD Holdings’ (PDD) stock price has staged a strong comeback in the past few weeks as investors embraced a risk-on sentiment. It has risen in the last five consecutive days,…
Baidu stock is extremely cheap, but one key risk remain
Baidu (BIDU) stock price has recovered modestly in the past few days, helped by the strong comeback of Chinese and global equities. It surged to a high of $107.67 on…
As the IHG share price soars, does it have more upside?
Intercontinental Hotels Group (IHG) share price has done well this year, rising by over 24% in London. It soared to a high of 8,345p, its highest point since July 17,…
China’s stock market revival crucial for economic recovery, says China Securities Journal
China’s focus on rejuvenating its stock market is seen as a critical move to break the cycle of declining investments and consumption, says China Securities Journal. In an editorial published…
Oil prices surge amid heightened Middle East conflict and supply fears
Oil prices climbed on Monday as geopolitical tensions in the Middle East raised fears of potential supply disruptions. The rise follows Israel’s intensified military actions against Iranian-backed groups, amplifying concerns…
UK economic growth revised down to 0.5% for second quarter
The UK’s economic growth for the second quarter of 2024 has been revised down to 0.5%, according to updated figures from the Office for National Statistics (ONS). This marks a…
Greece to sell 10% stake in National Bank of Greece, targeting up to €727 million
Greece is poised to sell a 10% stake in the National Bank of Greece (NBG) as it continues its broader privatization efforts, which have seen the state reduce its holdings…
Greece to sell 10% stake in National Bank of Greece, targeting up to €727 million
Greece is poised to sell a 10% stake in the National Bank of Greece (NBG) as it continues its broader privatization efforts, which have seen the state reduce its holdings…
As the IHG share price soars, does it have more upside?
Intercontinental Hotels Group (IHG) share price has done well this year, rising by over 24% in London. It soared to a high of 8,345p, its highest point since July 17,…