Funding & Business
Hong Kong Stock ETFs Get Record China Money on AI, Biotech Craze
Hot themes from artificial intelligence to biotech have driven Chinese investors to pour record amounts of cash into locally listed exchange-traded funds that track Hong Kong stocks, a trend that analysts say is likely to continue.
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The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource.
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Australian Treasurer Jim Chalmers spoke to ANZ Group Holdings Ltd.’s boss Nuno Matos on Tuesday about the bank’s plan to cut thousands of jobs, the Australian reported.
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Emerging markets are likely to receive heavier inflows early next year as more evidence on the resilience of these economies fuels a further shift from US assets, according to Bank of America Corp.
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