Category: Technology Evolution

Ant Group’s blockbuster dual listing tilts balance in US-China rivalry, helping Hong Kong, Shanghai close in on Nasdaq’s lead

This is the third in a series of four articles analysing the Hong Kong and mainland stock markets, delving into reforms, emergence of the Star Market as a solid fundraising venue, upcoming technology champions and the way forward. You can read Part one and Part two here.

Ant Group’s plan to list in Hong Kong and Shanghai looks set to turn those cities into the top listing venues for companies globally this year.

Ant, which operates the popular online payments app Alipay, said in July that it would list in both Hong Kong and Shanghai. If market conditions remain favourable,

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Be Greedy When Others Are Fearful

I believe that we are amid one of the greatest buying opportunities of our lifetimes.

It’s no secret that the financial world has been turned upside down by the novel coronavirus, which slowed down economies across the globe. Panic-driven investment decisions catalyzed the most rapid decline of this magnitude in history.

Fortunately, one thing we know for sure is that the stock market will recover. In fact, within a year after a bear market begins, stocks historically rally an average of 44.74%.

We have already seen a tremendous rally from March’s lows, but don’t worry, you haven’t missed

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2 Newly Public Companies Among Matthews Asia Small Companies Fund’s Top Buys

The Matthews Asia Small Companies Fund (Trades, Portfolio), part of San Francisco-based investment firm Matthews International Capital Management, disclosed 14 new positions in its second-quarter portfolio, which was released late last week.

Managed by Tiffany Hsiao and Beini Zhou, the fund invests in smaller companies across Asia, with the exception of Japan, that are capable of sustainable growth based on several fundamental characteristics. Its primary goal is long-term capital appreciation.

The fund’s five largest trades for the quarter were completely made up of new holdings, which were Peijia Medical Ltd. (HKSE:09996), Sichuan Teway Food Group Co. Ltd. (SHSE:603317), Dr. Lal

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Is Zoom Video Communications (ZM) Outperforming Other Computer and Technology Stocks This Year?

Investors focused on the Computer and Technology space have likely heard of Zoom Video Communications (ZM), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of ZM and the rest of the Computer and Technology group’s stocks.

Zoom Video Communications is one of 606 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the

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Earnings Estimates Moving Higher for Amkor Technology (AMKR): Time to Buy?

Investors might want to bet on Amkor Technology (AMKR), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

The upward trend in estimate revisions for this chip packaging and test services provider reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool — the Zacks Rank —

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