August was a challenging month for hedge funds, with the funds administered by one firm recording their first negative month of the year. Meanwhile, the funds tracked by another firm came out marginally positive for the month as the solid returns from four strategies offset the losses from the other strategies. NEW YORK, NEW YORK…
Co-leader of Germany’s Greens (Die Gruenen) Annalena Baerbock greets delegates at the start of a … [+] small-scale congress of Germany’s Green Party on the outcome of the elections and the upcoming government, in Berlin on October 2, 2021. (Photo by Odd ANDERSEN / AFP) (Photo by ODD ANDERSEN/AFP via Getty Images) AFP via Getty…
China Last Night KraneShares Key News Asian equities were lower on light volumes as investors sat on the sidelines in advance of central bank press conferences. Mainland China and Hong Kong were lower on very light volumes. Mainland investors continue to buy the Hong Kong dip via Southbound Stock Connect with +$408 million of net…
German Defence Minister Ursula von der Leyen gestures as she speaks during a session of the German … [+] Parliament (Bundestag) in Berlin, on March 15, 2018 one day after the new government was sworn in. (Photo by Tobias SCHWARZ / AFP) (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images The weakness…
The Chinese communications gear company Huawei claims to be using a tiny, tiny chip in its new Mate 60 Pro phone – technology China is not supposed to have achieved. Is it cause for competitive worry? Very unlikely. The vaunted 7 nanometer chip used by Huawei and fabricated by Semiconductor Manufacturing International Corp. (SMIC) is…
Kenyan President William Ruto. Paul Kagame/Flickr Nearly 200 leaders from around the world will attend the annual United Nations General Assembly next week. A core focus of the Sept. 18-26 gathering will be to discussing a growing consensus on the need to establish a “global green bank.” This meeting comes after the first Africa Climate…
NEW YORK, NEW YORK – SEPTEMBER 14: Arm Holdings CEO Rene Haas rings the Nasdaq opening bell at the … [+] Nasdaq MarketSite on September 14, 2023 in New York City. Arm, the chip design firm that supplies core technology to companies that include Apple and NVidia, priced its initial public offering at $51 a…
The pundits say China is facing its Lehman Brothers moment, when a corporate collapse like that which brought down the once-venerable investment bank in 2008 finally forces China’s policymakers to address itsfinancial weaknesses. Oli Scarff/Getty Images Economists wondering where China’s economy is heading have a Lehman Brothers problem on their hands. Too often, analyses on…
China Last Night KraneShares Week in Review Alibaba’s leadership reshuffle went into effect on Monday as Joe Tsai became Executive Charman and Eddie Wu became CEO while it was announced that former CEO Daniel Zhang would run the company’s new technology fund instead of the cloud division. It was a positive and busy week for…
China Last Night KraneShares Key News Asian equities were mostly higher overnight following mixed performance on Wall Street yesterday. China cut the reserve requirement ratio (RRR) by 0.25% overnight. This comes ahead of the release, expected tonight, of retail sales, industrial production, and property investment. The cut is welcome as policymakers continue to pursue easing,…