Akeso, Inc. (9926.HK) ("Akeso" or the "Company") announced its 2025 annual results, highlighting a year of comprehensive, strategic leaps across all facets of its business.
Akeso, Inc. (9926.HK) ("Akeso" or the "Company") announced its 2025 annual results, highlighting a year of comprehensive, strategic leaps across all facets of its business.
Hello, this is Allen Wan in Shanghai. A summit between President Donald Trump and Chinese leader Xi Jinping is on again, and that is probably welcome news for Beijing. The two leaders will hold their highly anticipated meeting in Beijing on May 14 and 15, according to the White House. The US president was due to visit at the end of March but postponed to focus on the Iran war . The Chinese side wi...
Hello, this is Allen Wan in Shanghai. A summit between President Donald Trump and Chinese leader Xi Jinping is on again, and that is probably welcome news for Beijing. The two leaders will hold their highly anticipated meeting in Beijing on May 14 and 15, according to the White House. The US president was due to visit at the end of March but postponed to focus on the Iran war . The Chinese side will probably confirm the dates only a few days before the talks, standard practice for Beijing. That’ll give them room to maneuver if Trump does something unpredictable or the war is rumbling on. The US announcement of a date several weeks out is one gift for Xi. China was apparently frustrated at the perceived lack of preparation by the US for the initial summit date. The optics of hosting Trump while the US attacked one of Beijing’s friends would also have been a worry. More importantly, the date the White House set is a faint signal at least that Trump sees the war winding down – though that’s no given considering Iran’s resistance. An end to the fighting would be good for China because signs of economic discomfort are appearing. While its formidable oil reserves and decade-long pivot to renewable energy provide some protection from the kinds of energy worries that other nations like India are dealing with, China’s manufacturing sector is starting to feel the pinch. The Asian nation’s economy can weather a short war, and it may even benefit diplomatically in the sense that Beijing wants to present itself as a fount of stability for the world . That line is intended to contrast with the US, which has had to divert some military resources from the Pacific, to the consternation of Asian allies . On top of that, energy worries have rattled US allies in the region. The Philippines is even considering setting aside its territorial dispute with Beijing and possibly cooperating on oil exploration in the South China Sea . The Middle East conflict could even turn into a net win for...
JuSun/iStock via Getty Images Market Review Health care stocks gained 11.47% in the final quarter of 2025, topping all sectors in the broad market S&P 500® index, which returned 2.66% the past three months. The MSCI health care index had a particularly strong advance in November (+9%) when investors rotated out of high-growth, richly valued AI-related tech stocks and into characteristically more-d...
JuSun/iStock via Getty Images Market Review Health care stocks gained 11.47% in the final quarter of 2025, topping all sectors in the broad market S&P 500® index, which returned 2.66% the past three months. The MSCI health care index had a particularly strong advance in November (+9%) when investors rotated out of high-growth, richly valued AI-related tech stocks and into characteristically more-defensive and undervalued health care names amid market uncertainty. Meanwhile, the narrow advance of the broad market was supported by strong corporate fundamentals, a resilient economy, an ongoing boom in spending on AI and two Federal Reserve's interest-rate cuts. Against this backdrop, pharmaceuticals (+23%) notched the strongest gain among the industry components of the MSCI health care index. Giants of the industry, including Eli Lilly (+41%) and Merck ( MRK ) (+26%), benefited from drug-pipeline success and strong sales for the companies' blockbuster drugs. Life sciences tools & services (+16%) stocks, such as Thermo Fisher Scientific ( TMO ) (+20%) benefited from strong demand for bioprocessing consumables from biopharma companies ramping up production in the U.S. Biotechnology (+12%) also had a strong quarter, as M&A activity ticked higher, innovation continued, and lower interest rates reduced capital costs for R&D and increased access to funding. This was reflected in the strong performance of biotech stocks like Exact Sciences (EXAS) (+86%) and Moderna ( MRNA ) (+13%). Conversely, only two health care industries declined this quarter: health care technology (-26%) and managed care (-1%). High health care utilization and medical costs, along with policy uncertainty, hampered both groups. Managed care stocks were notably impacted by concerns around the end-of-year expiration of the enhanced premium for the Affordable Care Act marketplace plans. The subsidies, first introduced under the American Rescue Plan Act of 2021 and later extended through 2025 in the Inflatio...
India has cut taxes on diesel and gasoline to cushion the impact of surging crude prices on its refiners, as a deepening conflict in the Middle East disrupts global supply. The South Asian nation lowered the levy on gasoline to 3 rupees (3 cents) per liter from 13 rupees, and on diesel to zero from 10 rupees, according to a government notification. State-owned Bharat Petroleum Corp. has already sa...
India has cut taxes on diesel and gasoline to cushion the impact of surging crude prices on its refiners, as a deepening conflict in the Middle East disrupts global supply. The South Asian nation lowered the levy on gasoline to 3 rupees (3 cents) per liter from 13 rupees, and on diesel to zero from 10 rupees, according to a government notification. State-owned Bharat Petroleum Corp. has already said it would not change retail prices as a result, and other refiners are expected to follow suit. Government-owned outfits account for about 90% of the country’s pumps. The world’s third-largest oil consumer has kept pump prices frozen since March 2024 as the country’s crude oil basket, which averaged $85 a barrel back then, has since surged to almost $123, according to the oil ministry’s website.
WeRide Founder & CEO Tony Han says the company’s share price is “heavily undervalued,” as its path to profitability becomes clearer this year. Han adds that key regulatory hurdles have been removed, helping to smooth WeRide’s overseas expansion as demand for autonomous driving technology grows. He spoke exclusively on "Bloomberg: The China Show." (Source: Bloomberg)
WeRide Founder & CEO Tony Han says the company’s share price is “heavily undervalued,” as its path to profitability becomes clearer this year. Han adds that key regulatory hurdles have been removed, helping to smooth WeRide’s overseas expansion as demand for autonomous driving technology grows. He spoke exclusively on "Bloomberg: The China Show." (Source: Bloomberg)
Tech giant Google has officially introduced a mobile version of its Gemini AI chatbot to Hong Kong users, with the service swiftly topping Apple’s app store chart. The roll-out on Thursday followed Google’s announcement last week that it would gradually introduce its generative AI services to Hong Kong, starting with Gemini web services before launching a mobile version. The popular AI product was...
Tech giant Google has officially introduced a mobile version of its Gemini AI chatbot to Hong Kong users, with the service swiftly topping Apple’s app store chart. The roll-out on Thursday followed Google’s announcement last week that it would gradually introduce its generative AI services to Hong Kong, starting with Gemini web services before launching a mobile version. The popular AI product was previously unavailable to the general public of Hong Kong, and accessible only to some local...
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)