Hong Kong stocks rose to a seven-week high as Chinese technology companies led the charge amid a rotation to alternatives for frothy US peers. The Hang Seng Index advanced 1.3 per cent to 26,694.56 as of 10.15am local time, heading for the highest close since November 13. The Hang Seng Tech Index jumped 1.6 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both climbed ...
Hong Kong stocks rose to a seven-week high as Chinese technology companies led the charge amid a rotation to alternatives for frothy US peers. The Hang Seng Index advanced 1.3 per cent to 26,694.56 as of 10.15am local time, heading for the highest close since November 13. The Hang Seng Tech Index jumped 1.6 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both climbed 0.7 per cent. Advertisement Gold producer Zijin Mining Group rallied 5 per cent to HK$38.38 as the metal approached a record with the haven trade taking hold. Pop Mart International Group advanced 4.2 per cent to HK$204.20. Baidu added 1.8 per cent to HK$146, and NetEase rallied 2.9 per cent to HK$229. Tencent Holdings gained 1.9 per cent to HK$636.50, and Meituan added 1.9 per cent to HK$107.40. Chinese technology stocks stood out as concerns grew about whether the elevated valuations of US peers would hold up after years of outperformance. Alibaba Group Holding, Tencent and other Chinese tech giants now hold a valuation edge over the US Magnificent Seven stocks and their growth prospects have brightened thanks to faster adoption of artificial intelligence. Advertisement Investors also boosted wagers that China will ramp up policy support to prop up economic growth in 2026 after the latest monthly data indicated a broad-based slowdown.
Tesla’s deliveries in China jumped to an all-time high in December, buoyed by a buying spree before the government withdrew part of a tax incentive. But the US carmaker is still facing an uphill battle to reclaim its once-secure lead in the world’s largest electric vehicle (EV) market amid a stern challenge from local rivals. In December, Tesla’s Gigafactory in Shanghai delivered about 94,000 Mode...
Tesla’s deliveries in China jumped to an all-time high in December, buoyed by a buying spree before the government withdrew part of a tax incentive. But the US carmaker is still facing an uphill battle to reclaim its once-secure lead in the world’s largest electric vehicle (EV) market amid a stern challenge from local rivals. In December, Tesla’s Gigafactory in Shanghai delivered about 94,000 Model 3 and Model Y vehicles to mainland Chinese customers, 13.4 per cent higher than the previous record of 82,927 units it set in the same period a year earlier, the company said in a statement. Advertisement Adding exports, the plant sold a total of 97,171 vehicles last month, up 3.6 per cent from a year earlier. It was the Gigafactory’s second-largest monthly delivery volume, trailing only November 2022, when it handed 100,291 vehicles to both domestic and overseas buyers. “Tesla still has a big fan base in China and they view its vehicles as their top choices,” said Chen Jinzhu, CEO of consultancy Shanghai Mingliang Auto Service. “They wanted to complete purchases before authorities phased out a tax holiday for EV buyers.” Advertisement Mainland buyers had been exempt from a 10 per cent tax on purchases of eligible green cars until December 31, as part of Beijing’s push to curb emissions. From January 1, the tax was set at 5 per cent until the end of 2027, when it will return to 10 per cent. For 2025, Tesla reported sales of about 625,000 vehicles on the mainland, down nearly 5 per cent from 2024. It was the first time that the US carmaker reported a contraction in mainland sales since its Shanghai-based plant started operations in 2020.
We’re down to our third and final chipmaker keynote of the day. Closing out a busy day for press conferences is AMD, who this year gets the honor of holding CES’s official opening keynote. The subject of AMD’s keynote, like so many others this year, will be a broad focus on AI, with CEO Dr. Lisa Su presenting AMD’s vision for AI solutions for both consumer and enterprise customers. AMD CES 2026 Ke...
We’re down to our third and final chipmaker keynote of the day. Closing out a busy day for press conferences is AMD, who this year gets the honor of holding CES’s official opening keynote. The subject of AMD’s keynote, like so many others this year, will be a broad focus on AI, with CEO Dr. Lisa Su presenting AMD’s vision for AI solutions for both consumer and enterprise customers. AMD CES 2026 Keynote Live Coverage Preview With a wide portfolio of chips these days, AMD has no shortage of products they can talk about in an AI-themed discussion. Besides big iron chips like the Instinct series, AMD has specialty accelerators, and even their bread & butter client SoCs have AI capabilities these days via their NPUs. So there’s plenty of latitude here to present products. With that said, AMD is largely mid-generation on the bulk of its product line. Zen 5 is mid-cycle; so is RDNA 4, for that matter. So we’re not coming into CES 2026 expecting a ton of new consumer silicon from AMD. Enterprise is a bit more nebulous; AMD’s roadmaps are already locked in place, but as we saw with NVIDIA’s keynote earlier, it’s not too outlandish to announce or launch your enterprise hardware before it’s shipping in volume. The calendar hold for AMD’s keynote is for 1 hour. Coupled with the usual CES/CTA wrap-around material, and this should be a pretty brisk presentation. Lisa Su will be helming it, though it should be unusual for her to not hand off some individual segments to her lieutenants. AMD CES 2026 Keynote Coverage Live It’s 6 minutes past AMD’s scheduled start time, and we’re still waiting for things to get started. Hopefully this is just a brief delay. And here we go! Starting with the CES/CTA intro materials. CES 2026: Innovators Show Up As is usually the case, the CTA president – currently Gary Shapio – opens up the CES opening keynote.
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A blunt White House social media post following the arrest of Venezuelan leader Nicolas Maduro has drawn unexpected attention among South Koreans online, where users quickly identified the photo’s background as a South Korean airport and began speculating about whether its use carried a hidden message. The post, uploaded on Saturday to the White House’s official social media accounts, featured a b...
A blunt White House social media post following the arrest of Venezuelan leader Nicolas Maduro has drawn unexpected attention among South Koreans online, where users quickly identified the photo’s background as a South Korean airport and began speculating about whether its use carried a hidden message. The post, uploaded on Saturday to the White House’s official social media accounts, featured a black-and-white image of US President Donald Trump walking up the stairs, stamped with the acronym FAFO, a slang expression meaning “F*** Around and Find Out”. The caption read, “No games. FAFO.” While the message was widely interpreted as a warning directed at Maduro and other adversaries, Korean-language comments soon flooded the post after online users recognised the setting as Gimhae International Airport in Busan. Advertisement The image was taken in October when Trump visited South Korea for the Asia-Pacific Economic Cooperation summit and held talks with Chinese President Xi Jinping at a nearby airbase. The White House social media post featuring US President Donald Trump and the acronym FAFO. Photo: Instagram/whitehouse Screenshots of Korean comments questioning the photo choice circulated across online communities, with some users asking why the White House used an image taken in South Korea for a message tied to a US military operation in Latin America.
Key Points 82,997 shares were sold indirectly on Dec. 4, 2025, for a transaction value of ~$2.1 million based on a weighted average sale price of $24.71 per share. The sale represented 5.91% of total holdings, leaving the insider with 367,220 direct shares and 954,063 shares held via trust. All shares were disposed through an indirect entity (trust); no direct shares were involved in this transact...
Key Points 82,997 shares were sold indirectly on Dec. 4, 2025, for a transaction value of ~$2.1 million based on a weighted average sale price of $24.71 per share. The sale represented 5.91% of total holdings, leaving the insider with 367,220 direct shares and 954,063 shares held via trust. All shares were disposed through an indirect entity (trust); no direct shares were involved in this transaction. The trade size was above the recent median sell size, reflecting accelerated disposition as remaining capacity has materially declined. These 10 stocks could mint the next wave of millionaires › On Dec. 4, 2025, Juan C. Jaen, President of Arcus Biosciences (NYSE:RCUS), disposed of 82,997 shares in an open-market transaction via an indirect holding, generating a transaction value of $2,050,598 according to the SEC Form 4 filing. Transaction summary Metric Value Shares sold (indirect) 82,997 Transaction value ~$2.1 million Post-transaction shares (direct) 367,220 Post-transaction shares (indirect) 954,063 Post-transaction value (direct ownership) ~$9.3 million Transaction value based on SEC Form 4 weighted average purchase price ($24.71); post-transaction value based on Dec. 4, 2025 market close ($25.05). Key questions What portion of Juan C. Jaen's holdings did this sale represent, and how does it compare to prior trades? This transaction accounted for 5.91% of aggregate holdings and 8.00% of indirect holdings, which exceeds the historical median percentage of holdings sold in recent transactions (4.67%), indicating a larger-than-typical disposition relative to prior activity since June 2024. This transaction accounted for 5.91% of aggregate holdings and 8.00% of indirect holdings, which exceeds the historical median percentage of holdings sold in recent transactions (4.67%), indicating a larger-than-typical disposition relative to prior activity since June 2024. Was the sale executed from direct or indirect holdings, and which entity was involved? All 82,997 shares sol...
Key Points The stock jumped 280% in 2025, and that could be the start of more upside. Analysts are steadily raising price targets on this drone technology purveyor. A broad customer base could support share price appreciation in 2026. 10 stocks we like better than Ondas › Up more than fivefold in just six months, Ondas (NASDAQ: ONDS) could be on its way to becoming a story stock that lives up to t...
Key Points The stock jumped 280% in 2025, and that could be the start of more upside. Analysts are steadily raising price targets on this drone technology purveyor. A broad customer base could support share price appreciation in 2026. 10 stocks we like better than Ondas › Up more than fivefold in just six months, Ondas (NASDAQ: ONDS) could be on its way to becoming a story stock that lives up to the optimism. Price action and time are the ultimate judges of whether equities reach that status. Still, it's not a stretch to see this purveyor of drone and wireless technology extending its multibagger ways. Sure, some skepticism is warranted. Shares of Ondas nearly quadrupled last year, and to some investors, that implies a sequel is unlikely in 2026. Doubters may come to regret that skepticism because multiple factors support the bull case for Ondas. I see these as smoking guns telling me this stock is going to keep soaring. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Smoking gun? Try more than one. Perhaps due in part to a market capitalization of $3.7 billion, just eight sell-side analysts cover Ondas. They all rate it the equivalent of buy or strong buy. Notably, analysts have steadily increased their price targets in recent months, with an average price objective of $11.50 implying nearly 18% upside from the stock's closing price in 2025. Now, analysts don't bat a thousand, and if their optimism on Ondas isn't enough to stoke interest among prospective investors, perhaps the following data point will be. The drone market is expected to reach $69 billion, with that figure forecast to more than double to $147.8 billion in 2036. One way of ascending to the story-stock-that-pans-out pantheon is by operating in a rapidly growing segment. Ondas checks that box. Speaking of high-octane growth, Ondas estimates that 2025 sales reached at least $36 million, with that figure more than tr...