Citigroup

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Jiangsu Hengrui makes solid Hong Kong trading debut as shares jump 29%

Jiangsu Hengrui Pharmaceuticals, one of China’s largest drug makers, began trading on the Hong Kong stock exchange on Friday, marking…

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US jobs growth likely slowed in April as economy braces for tariff impact, poll shows

US employment growth probably decelerated in April and the jobless rate held steady, illustrating healthy yet moderating labour demand entering…

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Don’t buy the dip amid global market sell-off, Citigroup wealth bankers say

The latest round of US-China tariff war is fanning a flight to quality and Citigroup’s wealth bankers are telling its…

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Hong Kong stocks fall for fourth day as Trump tariffs stoke trade tensions

Hong Kong stocks declined for a fourth day as worries about global trade wars pushed some markets close to a…

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Chinese stocks find favour on DeepSeek trade as Citigroup downgrades US equities

Citigroup recommended that its clients cool off on US stocks while investing more in Chinese equities, a call that suggests…

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Citigroup eyes US$500 billion in outbound investments from China and East Asia

Major companies from China, Taiwan and South Korea would be responsible for nearly half a trillion dollars in outbound investments…

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Citigroup lifts CEO Jane Fraser’s total compensation by a third to US$34.5 million

Citigroup lifted CEO Jane Fraser’s total compensation to US$34.5 million for 2024, up a third from a year earlier, as…

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HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Hong Kong’s largest banks are likely to offer new mortgages to ease the burden on homebuyers amid elevated interest rates,…

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Clean energy: China to allow solar, wind power prices to be set by market forces

The price of electricity produced from renewable energy in mainland China will be set by market forces rather than fixed…

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Hong Kong stocks on course for 4-month low as US jobs data dampens rate-cut hopes

Hong Kong stocks retreated to an almost four-month low as robust US job data pared bets that the Federal Reserve…

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