Rally
PBOC taps China’s state banks for bond borrowings to curb rally
THE People’s Bank of China (PBOC) tapped two of the country’s biggest banks for its plan to borrow government bonds, a potential step towards cooling a market rally, according...
Jensen Huang cashes in on Nvidia’s rally with US$169 million share sale
NVIDIA chief executive officer Jensen Huang unloaded shares worth nearly US$169 million in June, the most he’s netted in a single month, as the insatiable demand for the chips...
Jensen Huang cashes in on Nvidia’s rally with US$169m share sale
NVIDIA chief executive officer Jensen Huang unloaded shares worth nearly US$169 million in June, the most he has netted in a single month, as the insatiable demand for the...
China’s rare earths firms rally as fresh industry overhaul looms
CHINA’S rare earths producers jumped after Beijing unveiled a regulatory overhaul of the sector that could squeeze supplies and lift languishing prices of the critical minerals.
A “unified development plan”...
China 10-year yield declines to historic low as rally extends
THE yield on China’s benchmark bonds fell to a record low as investors continued to snap up the notes amid pessimism about the domestic economy.The onshore 10-year government yield...
Japan’s Nikkei closes at highest since mid-April as value shares rally
Japan’s Nikkei share average rose on Tuesday (Jun 25) to its highest close in more than two months, as investors shifted focus to value stocks from semiconductor and other...
Meituan’s worst-to-first stock rally has street looking for more
AFTER pulling an about-face to become one of the best-performing technology stocks in China this year, Meituan may be primed for further gains on easing competition and improving profitability.Analysts...
Nvidia’s 591,078% rally to most valuable stock came in waves
THE year was 1999. Steve Jobs had recently returned to lead Apple. Intel was the dominant force in semiconductors. And a little-known chipmaker named Nvidia made its debut on...