Reported 4 days ago
Asian shares have had a positive start to the week, particularly in Hong Kong, which gained 1.4% following a 7% increase last week, driven by optimism around AI technology adoption. Goldman Sachs has upgraded its outlook on Chinese growth, stating that AI could significantly boost earnings and attract substantial fund inflows. Notably, Alibaba's stock surged 24% on news of a collaboration with Apple. Meanwhile, global markets are seeing increased activity, with attention on upcoming economic reports and central bank meetings in Australia and New Zealand.
Source: YAHOO