The prospect of a meeting between President Xi Jinping and US counterpart Donald Trump has become a focal point for investors seeking some reassurance on growth and stability as the conflict in the Middle East dampens appetite for risk. Investors are awaiting clarity on the summit, viewing it as a potential sign of cooperation that could steady mainland China and Hong Kong equities. The meeting ha...
The prospect of a meeting between President Xi Jinping and US counterpart Donald Trump has become a focal point for investors seeking some reassurance on growth and stability as the conflict in the Middle East dampens appetite for risk. Investors are awaiting clarity on the summit, viewing it as a potential sign of cooperation that could steady mainland China and Hong Kong equities. The meeting had been scheduled for the end of the month, but the White House said it would be postponed by five or six weeks because of the US and Israel war on Iran. Beijing has yet to confirm the date. Thomas Fang, head of China global markets at UBS Group, said the meeting would focus on stability and growth, which were critical for both nations amid rising geopolitical uncertainty. He said the China-US relationship had become less of a concern among global investors after the two sides came to terms on tariff issues Advertisement “Instead of choosing between investing in the US or China, more investors believe they need exposure to both,” said Fang. “The question has become one of allocation: whether to put relatively more capital into China or into the US.” The meeting could reinforce the view among US investors that Chinese equities were an important part of global portfolios, Fang said. Advertisement “In the past, the mindset was ‘anything but China’. Now the view is increasingly that China is simply too big to ignore,” he said. “Investors expect competition and cooperation between the two economies to coexist for a long time.”
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Check out our premarket coverage here Photo via Shutterstock
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Check out our premarket coverage here Photo via Shutterstock
Chinese tech giant Tencent Holdings has integrated its QClaw AI agent as a mini-program in its flagship WeChat app as it pushes to expand adoption of its OpenClaw-based tool. It said QClaw was now accessible as a mini-program inside WeChat after an upgrade on Wednesday that allowed users to transfer files to their personal computers. QClaw was launched last week as an OpenClaw-based artificial int...
Chinese tech giant Tencent Holdings has integrated its QClaw AI agent as a mini-program in its flagship WeChat app as it pushes to expand adoption of its OpenClaw-based tool. It said QClaw was now accessible as a mini-program inside WeChat after an upgrade on Wednesday that allowed users to transfer files to their personal computers. QClaw was launched last week as an OpenClaw-based artificial intelligence agent for personal computers that users could control remotely from WeChat on their smartphones. Advertisement Following an upgrade to the initial text-only version, users would soon be able to send commands from smartphones to PCs via audio messages and images through the mini-program. In the future, it would also include functions such as the ability to set automated timed tasks, the company said. The new version, still in beta testing mode, would be made accessible to more users than the initial version, Tencent said. Advertisement The QClaw upgrade is part of Tencent’s efforts to make it easier to deploy and use the AI agent directly within WeChat, a super app with over 1.4 billion monthly active users, as Chinese tech companies race to capitalise on the country’s “lobster fever”.