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Renminbi Rocks Vs. US Dollar, Hong Kong Rebounds

A weakening US dollar could be a tailwind for non-US stocks, including China stocks. ....

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A Trader's Guide to Navigating Signals From the Biden-Xi Meeting

A Trader's Guide to Navigating Signals From the Biden-Xi Meeting
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A trader's guide to navigating signals from the Joe Biden-Xi Jinping meeting

Wednesday’s meeting in San Francisco will mark a crucial moment in what is Xi’s first visit to the US since 2017, when he met with the then-President Donald Trump. ....

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Apple's China Woes Stoke $20 Billion Xiaomi Rally

(Bloomberg) Apple Inc.’s sales dip in China is providing an opportunity for yet another local Android smartphone maker to win favor with customers and investors.Most Read from BloombergBiden Has Wiped Away $127 Billion in Student Loan DebtAn Opioid-Like Drink Is Masquerading As a Wholesome Alcohol AlternativeXi Jinping’s ‘Old Friends’ from Iowa Get a Dinner InvitationTrump’s 40 Wall St. Loan Transferred to Special ServicerIceland Braces for Volcanic Eruption That Could Wipe Out TownXiaomi Cor ....

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Apple's China woes stoke $20 billion Xiaomi rally

Xiaomi Corp. has gained about $20 billion in market value since a June low on excitement over its latest handset as well as as forays into electric vehicles and other businesses. The Hong Kong-listed stock rose more than 60% in that span, making it the best performer on the Hang Seng Tech Index. ....

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