Rising long-term US bond yields have overtaken AI-bubble worries as investors' top concern, a Bank of America survey found. As ten-year Treasury yields top 5%, some global funds are ending their long-standing underweight positions in Chinese equities.
Hong Kong's Hang Seng Index closed up 0.37% on Wednesday at 24,613.27, though it fell 3.7% over September. AI model developers Zhipu and MINIMAX led gains, while internet names like Kuaishou and Meituan also rose.
Nvidia has authorized an extra $150 billion in share repurchases, bringing its total firepower to $235 billion over two years. The move highlights a stark gap with China's A-share market, where full-year buybacks total around 142.7 billion yuan.
China will enforce a new national metrology standard for smart glasses acoustics from October 2, giving the fast-growing wearable category a shared technical yardstick for calls, music and voice control.
A 160-minute crime thriller starring Zhu Yilong leads a crowded National Day slate of fourteen films, while a 1994 Hollywood classic and a 2008 Pixar hit also crowd Chinese screens.
The 2026 edition of the world's most-watched hotel ranking, now rebranded simply as The 50, kept Hong Kong's Rosewood at number one. The list and a wave of new China openings show how fast the country's luxury travel map is being redrawn.
Hong Kong Exchanges and Clearing will let traders pledge Chinese government and policy bank bonds held via Bond Connect as collateral from November 2026, deepening the bond market's global role and freeing up capital for derivatives trading.
Hong Kong's Hang Seng Index fell as much as 2% on Friday, dragging Chinese tech giants lower, while Xiaomi spent HK$50.1 million repurchasing its own shares. The pullback follows a softer night for US-listed Chinese stocks and rising Treasury yields.
A Chinese-led research team says it has fixed the durability flaw in ferroelectric memory, pushing devices past 10 billion read-write cycles. The advance could bring faster, power-sipping storage closer to everyday chips.
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