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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email92% of investment funds have increased their exposure to China: HSBCHerald van der Linde of HSBC discusses the outlook for China's market, saying the market is in the early stages of improving sentiment.
Persons: der Organizations: HSBC Herald, der Linde, HSBC Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are still 'spots' in China that investors can look at, HSBC saysHerald van der Linde, head of Asia-Pacific equity strategy at the bank, says "in China, the problem is that … we don't have one cycle that seems to work very well."
Persons: van der Linde Organizations: HSBC Locations: China, Asia, Pacific
Stop being fooled by misinformation. Do this instead
  + stars: | 2023-11-29 | by ( Sandee Lamotte | ) edition.cnn.com   time to read: +8 min
It’s a text from your credit card company — someone is trying to purchase a $2,500 laptop using your account number. Be it finance, health care or politics, there is a global “infodemic” of misinformation that is affecting people’s health and well-being, according to the World Health Organization. “For most of the population who isn’t extreme in their attitudes, fact-checking and debunking reduces the degree to which people rely on falsehoods, but it doesn’t fully eliminate it,” van der Linden said. This approach works much like a vaccine, van der Linden said. “Instead of talking about immigration or abortion, talk about ‘Star Wars’ and ‘South Park’ as a starting point,” van der Linden said.
Persons: COVID, , Sander van der, van der Linden, Oscar Wong, nudges, , ” van der Linden, you’re, Anakin, Obi, ” Obi, “ We’ll Organizations: CNN, Facebook, World Health Organization, WHO, , Social, University of Cambridge, American Psychological Association, Getty, Cambridge, Research, Locations: Sander van der Linden, Covid, Cambridge, Canada, absolutes
Elon Musk, already reeling after Tesla's earnings flop, could see X users ditch his platform. Israel-Hamas misinformation might be a "tipping point" for the social-media site, Paul Krugman says. The Nobel laureate expects X users to start leaving for rival platforms like Threads and Bluesky. AdvertisementAdvertisementElon Musk is already reeling after Tesla's earnings miss slashed its stock price by 9% on Thursday. Things could go from bad to worse for the tech billionaire, as the spread of misinformation about the war between Israel and Hamas could drive people away from his X platform, according to Paul Krugman.
Persons: Elon Musk, Paul Krugman, , Krugman, Jack Dorsey, Sander van der Linden, Musk Organizations: Service, European Union, New York Times, Meta Locations: Israel
A video with fake audio appeared to show CNN's Clarissa Ward staging a rocket attack in Israel. The video went viral on X, with over 5 million views, but it's since been debunked. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementA viral video that appeared to show CNN correspondent Clarissa Ward and her crew staging a rocket attack has been debunked. pic.twitter.com/AjfiyMGZQi — TheQuartering (@TheQuartering) October 10, 2023In a followup post on X, the TheQuartering account clarified that the voice-over was fake.
Persons: Clarissa Ward, , Elon Musk's, Elon Musk, Musk, Sander van der Organizations: CNN, Service, New York, Hamas, Elon, Twitter, TheQuartering, Israel, University of Cambridge Locations: Israel, Gaza, Sander van der Linden
Elon Musk has demanded the EU provide a "list of violations" concerning disinformation on X. The international body told Musk to tackle the problem or face penalties. AdvertisementAdvertisementElon Musk has demanded to see a "list of violations" after the European Union told him to tackle disinformation about the Israel-Gaza conflict, which has been rapidly spreading on X. In a post on X, Musk replied to Breton's letter, saying: "Our policy is that everything is open source and transparent, an approach that I know the EU supports. The company's CEO, Linda Yaccarino, pulled out of two speaking arrangements, citing the developing conflict and a need to "remain fully focused on X platform safety."
Persons: Elon Musk, , Thierry Breton, Breton, Musk, Linda Yaccarino, Sander van der Linden Organizations: EU, Service, European Union, Hamas, University of Cambridge Locations: Israel, Gaza, Algerian
The rampant spread is "a direct result of Musk's policies," a misinformation expert told Insider. "The fact that people with verified accounts can monetize their content means they have the wrong incentive," he said. "They're incentivized to spread content that's going to get engagement, clicks, and ultimately make them money. Even if you keep saying don't trust verified accounts, it's still difficult for people to navigate that landscape." Van der Linden said although misinformation was also present on Twitter before Musk's time, the platform used to have better resources to tackle it.
Persons: , Linda Yaccarino, Elon Musk, Musk, Sander van der Linden, Van der Linden, van der Linden, it's, Stanford, Alex Stamos, der Linden, They're Organizations: Service, Hamas, Cambridge Social, University of Cambridge, Twitter Locations: Gaza, Israel, Egypt
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's a great investment story but an 'expensive market,' HSBC saysHerald van der Linde, head of equity strategy at HSBC for Asia-Pacific, says Indonesia is "also a great story" but its earnings growth is "not as exciting" as India's.
Persons: van der Linde Organizations: HSBC Locations: Asia, Pacific, Indonesia
Benchmark 10-year yields reached 4.312%, testing October's 4.338%, a break past which would be its highest since 2007. "What's interesting is usually when you have volatility around rates that's the market trying to price in a higher fed funds rate. "The impact of higher yields is standard: a dollar that is well supported and equities under pressure," he added. MSCI's world index (.MIWD00000PUS) was down 0.1% on Thursday, having dropped to its lowest level since July 6 early in the session. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) slid to its lowest since late November in early trading Thursday.
Persons: Brendan McDermid, Samy Chaar, der Linde, Van der Linde, Shunichi Suzuki, Brent, Ankur Banerjee, Alun John, Anisha, Sonali Paul, Angus MacSwan Organizations: New York Stock Exchange, REUTERS, Lombard, Atlanta Federal, Nasdaq, Zhongzhi Enterprise Group, HSBC, Reuters Global Markets, Finance, Thomson Locations: New York City, U.S, SINGAPORE, CHINA, China's, Asia, Pacific, Japan, Hong Kong, China, Singapore, London, Bengaluru
China wants to move to a new growth model, HSBC says
  + stars: | 2023-07-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina wants to move to a new growth model, HSBC saysHerald van der Linde, HSBC's head of equity strategy at Asia Pacific, says China doesn't want to return to its old growth model, which was centered on real estate and investments in infrastructure.
Persons: van der, HSBC's Organizations: China, HSBC, van der Linde, Asia Locations: China
May 18 (Reuters) - Equity markets in North Asia will outperform the broader region this year, buoyed by China's reopening and a post-pandemic recovery-led earnings rebound, investors and strategists said. Liquidity from easing monetary and fiscal policy, along with Asian central banks' early victory on inflation, is expected to defend against an incoming downtrend, keeping North Asian equities resilient. Grace Tam, chief investment officer-Asia at BNP Paribas Wealth Management, expects North Asia to outperform this year following a strong 2022 from South Asian equities. Goldman Sachs sees the north versus south disparity in Asia as a top investment theme in 2023. "China's growth recovery and North Asia's earnings rebound in 2024 remain our key investment themes and overweight areas," it said in its second-quarter outlook.
Asian companies exposed to artificial intelligence have seen a 30% increase in value since November 2022 — when ChatGPT was unveiled. However, HSBC has warned that investors should consider three significant risks before investing in AI stocks: disappointing demand, increased competition, and regulations. "Nothing is more exciting for investors and entrepreneurs than discovering a potentially huge market for new products and services," said the bank's strategists led by Herald van der Linde. They added that these powerful narratives pushed stock prices up but eventually saw prices come back down due to various factors. Having laid out its framework, HSBC also named the following stocks exposed to artificial intelligence that their analysts cover.
Shares and bonds ride high after soothing euro zone data
  + stars: | 2023-03-31 | by ( Marc Jones | ) www.reuters.com   time to read: +6 min
Government bonds have gained as much as 5%, gold is 8% higher, while oil is down and the dollar has barely budged. The euro zone inflation numbers showed consumer prices rising 6.9% in March after an 8.5% increase in February, representing the sharpest deceleration since Eurostat started collecting data in 1991. Japan's Nikkei (.N225) also jumped 1% on Friday,as inflation data for the capital Tokyo highlighted broadening price pressures. The euro , which hit a one-week high against the dollar overnight on sticky German inflation data, dipped back under $1.09 again after the euro zone data but was still set for a 3% monthly rise. U.S. crude futures were flat at $74.40 per barrel, while Brent crude futures slipped 0.1% to $78.52 per barrel.
Asian shares ride high in Q1 but keep vigil on inflation
  + stars: | 2023-03-31 | by ( Stella Qiu | ) www.reuters.com   time to read: +5 min
The buoyant mood is likely to run into resistance in Europe, with caution setting in ahead of the euro zone inflation data. The pan-region Euro Stoxx 50 futures was flat, while S&P 500 futures eked out a gain of 0.2%. It is on course for a quarterly gain of 3.6%, after surging 12% in the three months that ended in December. Japan's Nikkei (.N225) also leaped 1%,as inflation data for the capital Tokyo highlighted broadening price pressures. That compared with an overwhelming bet on a 25 basis point hike a month ago before the banking volatility started.
But the country reversed some major policies in response to the abysmal GDP growth. China's GDP grew by 3% in 2022 — the worst since the chaotic Cultural Revolution ended. Most recently, after three years of pandemic lockdowns and isolation, China abruptly reversed course and abolished its zero-COVID policy — leaving the world guessing why. China's GDP grew only 3.0% in 2022 — the worst in nearly half a century since the chaotic Cultural Revolution ended. China's GDP growth is vital because it is the world's second-largest economy after the US, so it's a driving force for global investment and trade.
Herald van der Linde, HSBC's head of equity strategy for Asia Pacific, points out that travel and gaming stocks have already benefited. That has led investors to hunt for sectors and companies with depressed valuations outside China. Reuters GraphicsMSCI China Vs MSCI Asean vs MSCI Asia excluding JapanGLOBAL PUSH OR CHINA PULL? After a torrid 2022, investors have been betting that a swift recovery in China's economy will somewhat cushion the impact of a global slowdown and possible recession. "China and its reopening trade, on the other hand, are in early stages and may be the additional tailwind for Asian equities later this year."
Gautam Adani, billionaire and chairman of Adani Group, during an event at the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. According to Forbes, Gautam Adani, the founder and chairman of the group, has lost his status as Asia's richest man to Mukesh Ambani, the chairman of Reliance Industries. Hindenburg, which said it has taken a short position in Adani Group, stands to benefit from the declining value of those stocks. Adani's battle with the short-seller firm has put the group's exposure to Wall Street — amounting to nearly $9 billion, according to JPMorgan — under the spotlight. In just one week, Indian billionaire Gautam Adani saw more than $34 billion wiped off his net worth, according to the Bloomberg Billionaires Index.
Jan 19 (Reuters) - Chinese companies are expected to report their highest earnings growth in five years, Refinitiv data shows, as economic reopening after COVID lockdowns and accommodative monetary policy raise hopes for higher profits. According to Refinitiv IBES data, China's large and mid-cap companies' profits are seen rising 16.2% in 2023, the fastest growth since 2017. The Reuters analysis showed utilities, consumer staples and consumer discretionary sectors are expected to lead growth with their estimated profit growth of 34.5%, 33.5% and 27.8%, respectively. Meanwhile, the tech sector is expected to see earnings growth of 27% compared with 9.4% in 2022 while the property sector would witness 9.4% higher profits after a 4.9% drop last year. read more"We expect China to outperform Asia ex-Japan due to its faster-than-anticipated reopening, continuing domestic policy support, and potential for stronger earnings growth," said Mark Haefele, chief investment officer at UBS Global Wealth Management, in a note this month.
Hendrik Schmidt/Pool via Reuters/File PhotoLONDON, Nov 30 (Reuters) - The number of people in Europe with undiagnosed HIV has risen as testing rates fell during the COVID-19 pandemic, threatening a global goal of ending the disease by 2030, a report said. This region includes Russia and Ukraine, which have the area's highest rates of HIV infection. This setback was likely because services related to HIV, including testing, were sidelined in many European countries during the two years of the pandemic, the report found. The report used modelling to predict the number of estimated infections and compared that to testing data provided by 46 of the 53 countries in the WHO's European region. An estimated one in eight people living with HIV in that region remains undiagnosed, it found.
Ce rol ar avea vitamina D în tratarea COVID-19 a fost una dintre întrebările care încă subzistă la mai mult de un an de pandemie, scrie digi24.ro. Hidroxiclorochina, Ivermectina și vitamina D - toate sunt sau au fost studiate. Documentul a fost distribuit pe scară largă în mediul online, dar apoi a fost retras din cauza îngrijorărilor privind acuratețea cercetării. Potrivit medicului, deși deficiența de vitamina D a fost un factor de risc stabilit în rândul persoanelor care mor în terapie intensivă, suplimentarea cu vitamina D nu a reușit să reducă riscul dezvoltat de acești pacienți. Așa se răspândesc mesajele de tipul celor - „nu aveți nevoie de vaccin, puteți lua doar vitamina D”.
Persons: ., David Davis, Dr . Baluja, Van der Linden Organizations: BBC, Universitatea din Locations: Universitatea din Barcelona, Spania, Universitatea din Cambridge
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