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Global markets face a pivotal week with major earnings, ECB and Asian central bank decisions, key economic data, and AI spending cues. Investors will also gauge football-driven consumer demand and its impact on businesses.
Chinese state-backed investors China Reform Holdings and China Chengtong have announced fresh equity purchases to stabilise markets after a sharp sell-off. The firms deployed billions of yuan to support share buybacks, SOE stocks and ETFs, as China’s STAR Market Index slumped 25% from its July peak.
South Korean shares experienced a significant decline, triggering market-wide trading curbs. Investors are unwinding AI-linked trades, extending a sharp correction in the KOSPI index. This selloff highlights growing investor anxiety over leveraged bets on AI chipmakers. Markets also reacted to escalating Gulf conflict and rising oil prices. Major tech earnings are expected to further test…
China’s securities regulator will meet market participants to discuss equity market stabilization. State-backed investors are also buying shares to help arrest the decline. The China Securities Regulatory Commission seeks industry feedback on potential policy measures. Chinese equities faced intense pressure last week amid liquidity and geopolitical concerns. Authorities are deploying state capital to support equity…
Chinese equities rebounded after steep losses last week as signs of government-backed support lifted investor confidence and sparked buying in traditional sectors. While state intervention helped broader markets recover, technology and semiconductor stocks remained under pressure amid valuation concerns and the global retreat from AI-linked shares.
SBI Funds Management is set to debut on the NSE and BSE on July 21, with the grey market indicating an around 18% listing premium over the IPO price. The Rs 9,813-crore IPO attracted strong investor interest, with the issue being subscribed 41.66 times during the July 14–16 bidding period.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…