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US President Trump pointed out that the flow of oil is a reason to increase sanctions against Russia.

2026-06-16

US President Trump pointed out that the flow of oil is a reason to increase sanctions against Russia.

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2026-06-16

HSBC Research says Chinese internet stocks have lagged YTD on investor concerns about higher AI spending and disruptive AI agents, ongoing regulatory scrutiny and US listings on a military-related entity list, and weak consumption. The bank notes lar

HSBC Research says Chinese internet stocks have lagged YTD on investor concerns about higher AI spending and disruptive AI agents, ongoing regulatory scrutiny and US listings on a military-related entity list, and weak consumption. The bank notes large-cap Chinese internet names trade at a c.47% PE discount to US peers and China AI concepts at c.40%. HSBC flags that market fears of a MaaS token price war may be overblown. It estimates Alibaba’s MaaS business is materially undervalued—using $1.5bn annualized revenue as of June and a 21x P/ARR multiple implies potential value of $13 per share; cloud gross-margin expansion and a possible chip-unit spin-off add upside. HSBC also says external financing of Kuaishou’s Keling unit could be a key catalyst; on $500m ARR and 21–30x P/ARR it implies HK$22–32 per share.
2026-06-16

Bank of Japan says Japanese economic growth may slow but is expected to continue moderate expansion.

Bank of Japan says Japanese economic growth may slow but is expected to continue moderate expansion.
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