John Cheng

Asia stocks reporter at Bloomberg News @business. @varsitycuhk alum. Hongkonger. Tennis player. Kpop enthusiast. Views are my own. Tips: [email protected]

[John Cheng @johnchenghc]

I spoke to several young investment bankers to find out why more and more of them are leaving the industry despite salary raises and the promise of quicker promotions, a situation that's particularly acute in Asia.

https://t.co/G72pdeBRgA via @business

[John Cheng @johnchenghc]

Singapore has kicked off a big effort to revive its languishing stock market, but exchange insiders and market participants are doubtful that the reboot will succeed https://t.co/Uxyes5ucOj via @markets

[John Cheng @johnchenghc]

TSMC is the pride of Taiwan and local investors are piling into the stock, both to make money and as a way of defending their homeland from China https://t.co/0FIdW5XQwj via @technology

[John Cheng @johnchenghc]

Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest rates.
https://t.co/9zWqP9PTzC via @markets

[John Cheng @johnchenghc]

My latest: Global money managers may be starting to unwind their hugely popular long Japan, short Hong Kong equity trades due to the widening gap between valuations in the two markets, Goldman Sachs says https://t.co/9TVLPr1uDC via @markets

[John Cheng @johnchenghc]

UBS lifted China and Hong Kong stocks to overweight, citing resilient earnings despite the nation’s property and macro worries https://t.co/1py9cqmpBh via @markets

[John Cheng @johnchenghc]

K-pop music agencies are in need of a second act after an $8 billion equity rout sparked by concerns over falling album sales https://t.co/rLc3jZhlOJ via @markets

[John Cheng @johnchenghc]

Some investors are starting to unwind a popular equities strategy to “buy India, sell China” https://t.co/WNWkeXeRjO via @markets

[John Cheng @johnchenghc]

The frenzy over artificial intelligence is trumping geopolitical concerns over TSMC, with its record stock rally powering ahead @betty_hou_1108 https://t.co/9RxjvGCZBa via @technology

[John Cheng @johnchenghc]

China's determination to end a rout and signs the economy is picking up are giving investors reasons to believe that the market is bottoming out https://t.co/d8ROYwy1Pn via @markets

[John Cheng @johnchenghc]

TSMC has reclaimed a spot among the world’s 10 most valuable companies after the stock rallies to record levels https://t.co/v3plMSBxa4 via @technology

[John Cheng @johnchenghc]

China’s state-backed funds have poured more than $57 billion into onshore shares this year in a bid to prop up the market, according to UBS estimates https://t.co/KJKaVy9rrr via @markets

[John Cheng @johnchenghc]

Shrinking population. Record property downturn.️ Rising trade tensions. And now a $6 trillion stock market wipeout. The list of problems just keeps growing for Xi Jinping’s China. Read The Big Take ⬇️ https://t.co/3Pxgh1Zijy via @economics

[John Cheng @johnchenghc]

Chinese stocks in Hong Kong slumped toward their lowest level in almost two decades in stark contrast to a more optimistic Wall Street https://t.co/sDeqiuL97l via @markets

[John Cheng @johnchenghc]

Emerging markets outside China are luring risk traders as the Asian country fades as a top destination for investors seeking growth opportunities in the asset class https://t.co/hrdrDg3i6x via @markets

[John Cheng @johnchenghc]

It was supposed to be the year of Hong Kong's comeback. Instead, 2023 turned out to be one of the worst for the financial hub in recent memory https://t.co/0D8AguwLNf via @markets

[John Cheng @johnchenghc]

Global investment banks turned almost unanimously optimistic on China's stock market around this time last year, only to be confounded by a 14% drop in the MSCI China Index https://t.co/lpQvlCIvkN via @markets

[John Cheng @johnchenghc]

Buy the yen, sell Japanese bonds, snap up Indian and Indonesian stocks: Those are some of the top trades recommended by Asian fund managers for 2024 https://t.co/zn37QhsjPw via @markets

[John Cheng @johnchenghc]

My latest: A historic slump in Hong Kong’s $4.6 trillion stock market is rippling through the city’s financial industry https://t.co/XPA5j4SPmX via @markets

[Bergs @bergmanjonaso]

Chinese investment bank CICC warns analysts against pessimistic calls and showing off lavish lifestyles, as Beijing clamps down on well-paid bankers https://t.co/ZYmwSc7c2D via @markets

[John Cheng @johnchenghc]

Chinese stocks erased all the gains seen during their massive reopening rally, as concerns about the health of the nation’s property sector persists https://t.co/MG8qHnh8OC via @markets