Joshua Wong admitted to instigating international sanctions against Beijing and Hong Kong governments six years ago, including urging foreign businesses to avoid investment in mainland China and pressuring an Israeli forensic tech firm to cut ties with Hong Kong police.
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China's tech gauge reaches a record high driven by an AI-fueled rally, indicating a surge in investor interest in growth sectors across Asian markets.
Chinese IPOs in the US are facing increased scrutiny due to manipulation schemes, leading to regulatory crackdowns and potential losses for US investors.
Meituan's earnings indicate that intense food-delivery price competition in China is easing faster than anticipated, which may reduce sector-wide drags on delivery stocks.
China's manufacturing PMI rose to 51.5 in August, surpassing expectations, indicating continued expansion in the sector.
Chinese VC firms are raising funds after a 3-year drought, capitalizing on investors' desire to diversify and hedge against US market bets, which could lead to increased investment in Chinese startups and potentially boost related assets.
The Dow industrials rose due to signs of progress in U.S.-Iran talks, with Vice President JD Vance announcing Iran's agreement to allow nuclear inspectors back into the country.
Asian benchmarks are mixed as investors cautiously await the outcome of US-Iran ceasefire talks, with the Nikkei 225 rising 0.3% and the S&P 500 falling 0.6% after a trip cancellation by US Vice President JD Vance.
The US and Iran failed to reach a deal after marathon talks, with Tehran refusing to concede on nuclear weapons, which may lead to increased tensions and market volatility.
The US and Iran have not reached an agreement after 21 hours of talks, according to Vice President JD Vance, which may lead to increased geopolitical tensions and impact oil prices.
A top-performing emerging markets fund is increasing its exposure to Chinese AI hyperscalers, citing better value compared to US tech giants.
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