Montage tops CATL as priciest dual-listed stock after chip rally

Montage tops CATL as priciest dual-listed stock after chip rally

[ad_1] The gap underscores how strong demand is from global investors seeking semiconductor exposure in the region Published Thu, May 7, 2026 · 11:33 AM [HONG KONG] Montage Technology has overtaken Contemporary Amperex Technology (CATL) as the most expensive dual-listed stock in Hong Kong relative to its mainland shares, propelled by surging demand for AI…

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Yen spikes to 10-week high and sparks intervention chatter

Yen spikes to 10-week high and sparks intervention chatter

[ad_1] Japan has 30-intervention firepower but will wait for better timing to save reserves Published Thu, May 7, 2026 · 09:57 AM [TOKYO] Sharp moves in the Japanese yen that sent the currency to a 10-week high renewed speculation that the country is intervening in the market. The yen surged about 1.8 per cent in…

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China asks banks to pause new loans to US-sanctioned refiners

China asks banks to pause new loans to US-sanctioned refiners

[ad_1] Tensions are escalating between the superpowers just weeks before a long-awaited meeting Published Thu, May 7, 2026 · 09:28 AM CHINA’S financial regulator advised the country’s largest lenders to temporarily suspend new loans to five refineries recently sanctioned by the US over their ties to Iranian oil, according to sources familiar with the matter.…

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BYD, Tesla may face import caps as Canada works out China EV quota

BYD, Tesla may face import caps as Canada works out China EV quota

[ad_1] Officials are now discussing whether to give various Chinese manufacturers a specific allocation within the 49,000 vehicles Published Thu, May 7, 2026 · 09:06 AM [OTTAWA] Canadian government officials are debating how to divide up the new low-tariff quota for Chinese-made electric vehicles, including whether to cap how much space each company can use.…

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Ex-UNC quarterback paints bleak picture of Bill Belichick-run program: ‘Felt like there’s no air’

Ex-UNC quarterback paints bleak picture of Bill Belichick-run program: ‘Felt like there’s no air’

[ad_1] Former University of North Carolina quarterback Gio Lopez provided a damming indictment of the Bill Belichick-led Tar Heels in a recent interview. Lopez, who was UNC’s starter in 2025, has transferred to ACC rival Wake Forest for the upcoming season, and speaking with Sports Illustrated this week, he revealed an unflattering picture of the…

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Li Ka-shing plans more telecom sales in ‘cash is king’ strategy

Li Ka-shing plans more telecom sales in ‘cash is king’ strategy

[ad_1] Published Thu, May 7, 2026 · 08:52 AM [HONG KONG] CK Hutchison is considering further sales of telecommunication assets following the US$5.8 billion disposal of its UK mobile business, as it seeks to exit a sector that’s become increasingly competitive and expensive, according to sources familiar with the matter. The Hong Kong-based conglomerate founded…

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