Insights
As market exuberance from last week's election gradually subsided, trading activity has returned to focus on fundamentals. This shift led to volatility across various equity sectors, ultimately causing the S&P 500 index to decline by 1.32%, closing at 5,870.62 points. In the bond market, stro...
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According to a report in South China Morning Post, China's leading chip-packaging company, Changjiang Electronics Technology Co. (JCET), recently announced a significant restructuring of its board of directors following the acquisition of a 22.5% stake by the state-owned China Resources Group, as t...
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The U.S. has tightened restrictions on foundries supplying 7nm and below chips to Chinese clients. According to a report from Economic Daily News, following TSMC’s suspension of services to restricted Chinese clients, rumors suggest that South Korea’s Samsung is also affected by U.S. restriction...
Insights
China has yet to shake off the short-term risk of deflation, according to data released by the National Bureau of Statistics on November 9. China's Consumer Price Index (CPI) rose by 0.3% year-on-year in October , marking a 0.1 percentage point decline from the previous month. On a month-on-month...
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According to Liberty Times, citing Chinese meida outlet TMTPost, as the U.S. has imposed sanctions on China's semiconductor industry since 2019, over 22,000 Chinese chip companies have shut down as of the end of 2023. The report pointed out that a large number of Chinese chip companies have gon...