Based on China’s latest Covid control measures and rising inflation, UBS analysts have shaken up their list of top stocks for investing in the country.
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UBS expects these Chinese stocks to soar by over 30%, despite China’s Covid controls
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China’s AI chip firms are going public fast. But its crown jewel is staying private
China’s artificial intelligence chip sector has drawn heavy investor interest following a string of successful initial public offerings. But while those newly listed firms have led market gains, analysts say they are not leading China’s effort to reduce reliance on Nvidia. Instead, most analysts point to tech giant Huawei and its secretive chip unit, HiSilicon, […]
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Toyota Industries shares jump after Toyota Motor raises buyout offer to over $35 billion
The Toyota Industries Corp. logo at the company’s Nagakusa plant in Obu, Aichi Prefecture, Japan. Bloomberg | Bloomberg | Getty Images Shares of forklift producer Toyota Industries jumped Thursday, a day after Toyota Moto sweetened the tender offer price for buying out the carmaker by more than 15% to over $35 billion. Shares of Toyota […]
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Asia-Pacific markets set to trade mixed as investors await Bank of Korea decision
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to trade mixed Thursday as investors awaited a policy decision from the Bank of Korea. South Korea’s central bank is expected to […]
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