Daniel Harrison

Sportswear maker Li Ning Co Ltd (OTC: LNGGY) (OTC: LNGGF) became the latest casualty of a downturn in China and Hong Kong, after the company announced Wednesday night it had missed sales expectations in the third quarter.

Hong Kong stocks rallied Friday as the week closed out higher for consumer stocks and EV makers which investors hope will be the beneficiary of a forthcoming government stimulus. The Hang Seng Index ended the day 2.1% higher at 17,398.73 while China’s CSI 300 Index rose 1.4% to 3,562.39.

Chinese EV makers leaped on news that Tesla was scrapping a Model Y discount Friday as investors hoped that the move signaled the beginning of a détente to the country’s EV price war. Xpeng was up 4%, Li Auto was trading 3% higher and Nio rose 2% by lunch time in Hong Kong trading. BYD was up just over 1%.

Tencent Holdings Limited (OTC: TCEHY)-backed J&T Global Express breathed life back into Hong Kong’s flagging IPO market with an oversubscribed market debut Friday.

This year hasn’t been one for investors in Nio Inc (NYSE: NIO) to remember with much fondness.

BYD Company Limited (OTC: BYDDF) (OTC: BYDDY) reported earnings for Q3 2023 after the bell in Hong Kong that beat analyst expectations by a wide margin.

Rishi Sunak's plan to fix Britain's mathematical and numerical skills is a good one, but it needs to be complimented with plans to teach kids how to save and invest their cash, writes Daniel Harrison

When the going gets tough, packing up your bags and going on holiday isn’t most people’s idea of a first choice.

Everyone agrees that Britons aren't saving enough – by raising the allowance we can incentivise Brits to invest more and invest more effectively. This move will not only make people richer but will also stimulate economic growth, as many such ISAs are invested into UK stocks and shares.

Henner Lehne, vice-president, Global Vehicle Forecasting, Automotive, S&P Global Mobility presents his analysis and predictions for the global and regional vehicle sales and production outlook.