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Weekly Commentary: Q4 2023 Z.1: Bubble Confirmation

Weekly Commentary: Q4 2023 Z.1: Bubble Confirmation
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Cheap Chinese Goods Are Becoming a Costly Problem. Exhibit A: Hong Kong.

Shoppers are hopping across the border, where prices have dropped. Neighboring Asian countries could also be hit if Chinese companies dump their goods there among weak domestic demand.

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HSBC First-Half Profit Surges to $17 Billion

By Clarence Leong HSBC s profit more than doubled in the first half, as the London-based banking giant continued to benefit from higher interest rates. Asia-focused bank said Tuesday that.

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