Asian stocks, particularly Chinese markets, may find some respite after Wall Street's resilience on Monday despite surging bond yields, although economic data and policy actions out of China remain disappointing.
Hong Kong stocks rebounded as traders considered the recent market slump to be excessive, with Chinese tech leaders such as Alibaba, AIA, and NetEase leading the way.
International investors are selling off Chinese stocks at a rapid rate, with $10.7 billion worth of holdings sold in 13 consecutive days, the longest streak since 2016, due to concerns over slowing growth and the potential impact of the country's property sector on the financial system.
Hong Kong's exports continue to decline for the 15th consecutive month, with a 9% decrease in July, due to trade contraction with mainland China, the US, and Europe, affecting the city's economic recovery and prompting a downgrade in GDP forecast.
Chinese stocks rally as Beijing takes steps to boost the market.
Shares in Chinese property giant Evergrande collapsed as they resumed trading in Hong Kong after 17 months, while Asian markets advanced following Federal Reserve chief Jerome Powell's cautious approach to rate hikes and China's decision to cut the duty on trades.
Chinese stocks rebounded briefly after Beijing implemented measures to halt the slide, but foreign investors used the opportunity to unload $1.1 billion of mainland Chinese equities, reflecting ongoing nervousness about holding capital in China.
Chinese stocks initially surged on Monday after the government implemented measures to boost investor confidence, but most of the gains were lost by the end of the session due to concerns about the country's economic slowdown and the foreign outflow of funds.
Chinese stocks, including Alibaba, rise for a second day following stimulus measures from Beijing, but long-term gains may be challenging due to concerns over China's economy.
Asian stocks are expected to open lower as traders focus on China's economic conditions and European shares fail to provide a strong lead, while oil and bond yields remain relatively high.
Most Asian stocks fell on Tuesday due to concerns over slowing growth in China, a property sector meltdown, and hot inflation readings, which raised concerns over higher interest rates. Chinese stocks were the worst performers, with investors growing impatient with Beijing's slow approach to stimulus measures.
China's stock market rebound may be temporary as corporate earnings continue to decline and companies revise down their outlooks, causing concern for foreign funds and prompting Bank of America to urge caution.
Hong Kong stocks, including SMIC, Tencent, and JD.com, dropped as weak China trade data and a depreciating yuan put pressure on the market.
On September 10, Hong Kong halted full-day stock market trading for the second time this month due to severe rainstorms and the Black Rainstorm warning issued by the local Observatory.
Chinese stocks have passed the worst of the selling pressure and are still attractive to investors due to their cheap valuation and potential for growth, according to CLSA. However, Beijing needs to address concerns and risks in the economy. The MSCI China Index has fallen this year, but a pause in the Federal Reserve's tightening policy is expected to reverse market pessimism.
Asian stock markets are starting to turn positive despite selling off shares in Chinese property developers and remaining unconvinced by efforts to revive activity in the mainland real estate market.
Investors have pulled £10 billion from Chinese stocks as China's economy continues to decline, with declining exports and struggling real estate contributing to the turmoil.
China's macroeconomic challenges, including deflationary pressures, yuan depreciation, and a struggling property sector, could have broader implications beyond its borders, impacting global metal exporters, trade deals, and global inflation; however, investing in China's stocks may offer compelling valuations despite the current downturn.
US stocks slumped as reports of China's recovering economy caused concern, potentially impacting global stock exchanges, while the US auto workers' strike and oil price rallies also contributed to market fluctuations.
China's stock market has slumped due to worrying economic data including falling prices, missed expectations in retail sales and industrial production, and plunging real estate investment, leading analysts to express concerns about an impending downward spiral in the Chinese economy.
Asian stocks sink as investors await the Federal Reserve's policy decision and concerns over inflation rise due to a surge in oil prices.
UBS Investment Bank suggests that the stock slump in China is almost over and investors should be more optimistic about the market outlook, as economic fundamentals have improved and technical signals indicate a potential market rebound.
Hong Kong stocks plummet as the Federal Reserve's more hawkish stance and the yuan's continued weakness take a toll on the market.
Despite Beijing's efforts to revive Chinese markets, key indicators show that traders are continuing to sell off their equity positions, resulting in the lowest levels of Chinese stocks in about 10 months and a significant withdrawal of global funds from the market.
Most Asian stocks retreated as markets absorbed the outlook for higher interest rates and concerns over a property market crisis in China, while Japanese shares rose on the back of the Bank of Japan's dovish stance.
Hong Kong stocks tumble as China Evergrande cancels creditor meetings, raising concerns about the property sector and China's economic stability.
Asia-Pacific markets fell ahead of China's industrial data and Australia's inflation figures, while the US experienced a sell-off after disappointing economic data, causing the Dow Jones Industrial Average to fall below its 200-day moving average for the first time since May. Additionally, oil prices continue to rise, putting crude on track for its best quarter in over a year, and Tesla shares dropped after reports of an EU investigation into whether the company and other European carmakers are receiving unfair subsidies for exporting from China.
Hong Kong stocks bounce back after two days of heavy selling, but traders remain concerned about the economy as the Federal Reserve considers further interest rate hikes.
Stocks in Hong Kong, Australia, and Japan have fallen, while South Korean and Chinese markets are closed for holidays; evergrande shares soar after trading resumes in Hong Kong; the Reserve Bank of Australia is expected to maintain a hawkish stance at its upcoming meeting; Goldman Sachs predicts that shares of a global delivery platform will double in the next 12 months; a portfolio manager recommends buying discounted global stocks; a wealth manager's stock is seen as undervalued amid irrational behavior; the World Bank forecasts sustained growth in the Asia Pacific region; Bitcoin rises to its highest level since August; gold and silver prices drop to their lowest levels since March.
Hong Kong stocks plummeted after a Chinese holiday due to concerns about China's weak housing market, high US interest rates, and the potential collapse of Evergrande Group, which could further destabilize global markets and put pressure on Beijing.
Hong Kong stocks rebounded as buyers took advantage of the market sell-off, while Macau casinos saw gains due to strong visitor arrivals during the "golden week" holiday, and US equities also contributed to the positive sentiment.
Chinese markets are reopening after the Golden Week holidays amidst an uncertain global market backdrop, as concerns about higher US interest rates and the attack on Israel by Hamas impact risk assets, but domestic tourism revenue surge and signs of modest economic improvements provide some optimism for China's economy.
Chinese stocks rose as Beijing considers further support for the struggling economy, including raising the budget deficit and issuing additional debt for infrastructure spending.
Goldman Sachs predicts that the Chinese stock market will rebound towards the end of the year due to increased state buying of shares, which aims to breathe life back into the market.
Investors remain pessimistic about the Chinese economy as China-exposed stocks continue to decline, despite signs of improvement.
China's economy shows signs of recovery despite slipping stocks of big Chinese firms traded in the US.
Chinese stocks have erased all gains from the past 4½ years, the yuan has weakened, and foreign investors are pulling money from Chinese markets, causing concerns about the country's economic growth.
Most Asian stocks continue to decline due to weak business activity in Japan and Australia, although Chinese markets rebounded as a state-run fund started buying equities; sentiment remains weak due to concerns over the Israel-Hamas war.
Investors are rapidly selling Chinese stocks due to concerns over the country's economic slowdown, lack of convincing response from authorities, and rising tensions between China and the US, leading to a collapse in trust in the Chinese Communist Party.
Asian stocks were mixed as U.S. shares slumped due to poor corporate earnings, with Australian, South Korean, and Japanese shares falling while equity futures in China and Hong Kong rose; Indian benchmark stock indices declined and uncertainty from the Israel-Hamas conflict weighed on markets.
Asian stocks recover as tech shares bounce back, however, most indexes are still on track for weekly losses due to uncertainty over the Israel-Hamas war, rising yields, and weak cues from Wall Street.
