Chinese Tech Stocks Slide as Strong Rally Spurs Profit Taking
  • February 12, 2025

Chinese Tech Stocks Slide as Strong Rally Spurs Profit Taking

(Bloomberg) -- Chinese technology stocks fell as traders took some money off the table following a rally driven by optimism over the country’s artificial intelligence potential.The Hang Seng Tech Index ended Thursday 0.9% lower, reversing an earlier advance that briefly saw the gauge reach a three-year high. The index pushed lower as shares of Alibaba Group Holding Ltd — the latest AI darling — trimmed gains to just 2.6%. Thursday’s setback may do little to dent insatiable demand for the sector,

India’s Consumption Pivot to Hurt Smaller Stocks, BofA Says
  • February 12, 2025

India’s Consumption Pivot to Hurt Smaller Stocks, BofA Says

(Bloomberg) -- India’s small and mid-cap stocks are likely to decline for the first time in three years in 2025 as the government scales back spending in favor of tax breaks to boost consumption, according to a Bank of America Corp. strategist.This segment, dominated by infrastructure-related firms, beat the broader stock market handily in the past two years. The rally has already started to fizzle as Prime Minister Narendra Modi’s administration shifts its focus from investment-driven growth to

3 Industrials Stocks in the Doghouse
  • February 12, 2025

3 Industrials Stocks in the Doghouse

Whether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the industry’s six-month return of 8.6% has fallen short of the S&P 500’s 11.3% rise.

Indonesia to Allow Short-Selling to Broaden Stock Market Appeal
  • February 12, 2025

Indonesia to Allow Short-Selling to Broaden Stock Market Appeal

(Bloomberg) -- Indonesia plans to introduce short-selling in the second quarter this year, to increase options for investors at a time when the benchmark exchange sits just above bear-market levels.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe local stock exchange, known as IDX, will allow