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☆ We expect a rebound for the art market in the second half of 2024, says Christie's CEO
▼ + stars: | 2024-10-03 | 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 EmailWe expect a rebound for the art market in the second half of 2024, says Christie's CEOGuillaume Cerutti, Christie’s CEO, joins 'Closing Bell Overtime' to talk softening in the art and collectors market, its new Hong Kong location, and more.

Persons: Guillaume Cerutti Locations: Hong Kong

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Persons: we've, We've, Chase Travel ℠, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Hilton, that's, Marriott, Regis, Sapphire, John F, Kennedy, Insider's, It's, they'll, you'll, Read, You'll, Conrad, you've, Carlton Card, HBO Max, Insider’s, SYD, Miles, Joseph Hostetler, Joseph, Guy, Angela Fung Organizations: Business, Hilton, Card, Citi ®, Mastercard, Marriott, Alaska Airlines, Capital, One, Chase, Chase Travel, Sapphire, Chase Sapphire, TSA, FDIC, Express, American Express, Saks, American, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, Global, Saks Fifth, Hilton Honors, Elite, Marriott Bonvoy, Ritz, Carlton, TSA PreCheck, Cell, New Hampshire Insurance Company, AIG Company, Delta SkyMiles ®, Delta, Delta Sky Clubs, ®, SkyMiles ®, Delta Sky Club, Delta Sky, U.S, Delta SkyMiles, United, United ®, United Club, American Express Chase, American Express Card, Citi, Centurion, Fort, Dulles, Washington Dulles, Sapphire Reserve, DoorDash, Chase Sapphire Reserve, Lufthansa, Austrian Airlines, Amex, Resorts, Dell, Adobe, Diamond, Waldorf, Aspire, Delta Reserve, Star Alliance, United Airlines, Polaris, United Polaris, The, Premier, Admirals Club, American Airlines, Airlines, Citi AAdvantage, Chase Ritz, Hilton Honors American, Hilton Gold, Gold, Honors American, Online Retail, ℠, NEXUS, EV, Netflix, Hulu, Spotify, Apple Music, HBO, Bank, Sydney, Finance Locations: Hulu, AmexTravel.com, Caribbean, delta.com, Canada, Delta, U.S, Hong Kong, Boston, LaGuardia, Austin, Dallas, Fort Worth, DFW, Denver, Washington, New York, JFK, San Diego, Las Vegas, Phoenix, Philadelphia, Capital, Hilton, Marriott, United, airfare, Airport, Charlotte, Miami, London

☆ China’s Coast Guard claims to have entered the Arctic Ocean for the first time as it ramps up security ties with Russia
▼ + stars: | 2024-10-03 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

The statement came a day after the US Coast Guard said it spotted four vessels from the Russian Border Guard and Chinese Coast Guard in the Bering Sea – the “northernmost” location it said it had ever observed the Chinese ships. A banner visible on one of the vessels in accompanying photos read “China Coast Guard devoting its heart to the Party; demonstrating loyalty in the Arctic Ocean,” referring to China’s ruling Communist Party. The US Coast Guard (USCG) on Monday said it spotted the four vessels from the Russian Border Guard and Chinese Coast Guard “transiting in formation in a northeast direction” in the Bering Sea, some five miles inside Russia’s Exclusive Economic Zone on Saturday. A China Coast Guard member pictured during recent joint drills with Russia. The coast guard collaboration “relates to Chinese interests in maritime transportation along at least parts of the Northern Sea Route,” according to Østhagen.

Persons: Russia –, China’s, ”, Megan Dean, irked, Carl Schuster, it’s, –, Sophie Arts, ” Andreas Østhagen Organizations: Hong Kong CNN, China’s Coast Guard, US Coast Guard, Russian Border Guard, Chinese Coast Guard, China Coast Guard, Communist Party, CCTV, TASS, 17th Coast Guard District, USCG, Canadian, Russia’s Federal Security Service, East China, Coast Guard, Guard, US Navy, Pacific Command’s Joint Intelligence Center, China, US Department of Defense, German Marshall Fund, Fridtjof Nansen Institute, CNN, Armed Police, Central Military Commission, Centre for High North Logistics, Norway’s Nord University Locations: Hong Kong, Russia, Beijing, ”, Bering, Alaska, Asia, North America, China, Washington, South, East, irked Beijing, Ukraine, Russian, Norway, South China, Philippines, Europe

☆ Vance and Walz debate highlights and Israel vows retaliation against Iran: Morning Rundown
▼ + stars: | 2024-10-02 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +10 min

JD Vance and Tim Walz play nice during the vice presidential debate. Vance and Walz put on a display of Midwest nice in vice presidential debateCordial handshakes book-ended the first and only debate between vice presidential candidates Sen. JD Vance of Ohio and Minnesota Gov. On and on it went as Vance, the right-wing Republican, and Walz, a progressive Democrat, put on a textbook performance of Midwest nice. Both Vance and Walz attempted to pin America's woes on the others' presidential candidates. Read more about the missile attack in Israel and follow our live blog for the latest updates.

Persons: Vance, Tim Walz, Benjamin Netanyahu, Israel, Walz, Sen, JD Vance, Harris, Joe Biden, Kamala Harris, “, → Walz, → Vance, Trump, “ Tim, I’m, ” Walz, Hassan Nasrallah, Masoud Pezeshkian, ”, Read, Hurricane Helene, Helene, Saul Young, Bertha Mendoza, Mendoza, ” Guillermo Mendoza, Bertha Mendoza’s, Angel Mitchell, Biden, Kamala Harris ’, Sean “ Diddy ” Combs, John Amos, Mount Everest, David Gray, Everest, Elizabeth Robinson Organizations: Minnesota Gov, Republican, Biden, Trump, Israel Defense Forces, Israeli, Impact Plastics, News Sentinel, USA, Network, National Weather Service, Jewish, NBC News, Good Times, NBC, Deal Locations: Everest, Ohio, Springfield , Ohio, Hong Kong, Israel, Iran, Lebanon, U.S, Gaza, Yemen, Syria, East, Tennessee, Hurricane, Erwin, Tenn, Asheville, —, Asheville . Politics, Gulf, Mexico, Texas, Mount

☆ Daniel Day-Lewis officially ends retirement from acting for son’s film ‘Anemone’
▼ + stars: | 2024-10-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +3 min

Daniel Day-Lewis, widely considered one of the greatest actors of his generation, is emerging from retirement after seven years away from the big screen. He’s starring in Focus Features and Plan B’s upcoming film “Anemone,” which marks the directorial debut of his son, Ronan Day-Lewis. Daniel Day-Lewis and Ronan Day-Lewis co-wrote the film, described as an exploration of the intricate relationships between fathers, sons and brothers as well as the “dynamics of familial bonds.” Daniel Day-Lewis will lead the cast of “Anemone” his first acting gig since 2017’s “Phantom Thread,” alongside Sean Bean, Samantha Morton, Samuel Bottomley and Safia Oakley-Green. “We could not be more excited to partner with a brilliant visual artist in Ronan Day-Lewis on his first feature film alongside Daniel Day-Lewis as his creative collaborator,” Focus Features chairman Peter Kujawski said in a statement. “I knew it was uncharacteristic to put out a statement,” Daniel Day-Lewis said.

Persons: Daniel Day, Lewis, Ronan Day, ” Daniel Day, Sean Bean, Samantha Morton, Samuel Bottomley, Safia Oakley, Peter Kujawski, “, ”, Ben Fordesman, Jane Petrie, Chris Oddy, Steven Spielberg’s “, ” Paul Thomas Anderson’s “, Jim Sheridan’s “, ” He’s, Martin Scorsese, ” Scorsese Organizations: Focus, “, National Board Locations: Hong Kong, New York City, Los Angeles, Steven Spielberg’s “ Lincoln, York

Tim Walz said he believes his rival for vice president, Sen. JD Vance of Ohio, wants to solve the nation’s immigration crisis, but he questioned whether former President Donald Trump really does. Vance acknowledged that Walz wants to solve the problem, too, but he questioned whether Vice President Kamala Harris really does. Vance said he and Walz “probably agree that we need to do better” on addressing gun violence. “I think Tim Walz agreed with JD Vance significantly more times in this debate. “Look, I’ve known Tim Walz 16 years, and that’s who he is,” Colorado Gov.

Persons: Tim Walz, Sen, JD Vance, Ohio, Donald Trump, Vance, Walz, Kamala Harris, ”, ’, Walz “, — Vance, —, “, ” Walz, Tuesday’s, Harris, Dick Cheney, Joe Lieberman, Cheney, Republican George W, Bush, ” Rep, Byron Donalds, they're, Jasmine Crockett, Wajahat Ali, ” Ali, Dems, ” Symone Sanders, ” Sanders, that’s, Jared Polis, ” Vance, Tim, Joe Biden, Kamala Harris ’, “ Donald Trump, Margaret Brennan, scrutinizing, “ I’ve, Brennan, Trump, Biden, It’s Organizations: Minnesota Gov, Republican, CBS News, ”, NBC, Democratic Party, MSNBC, Democrat, NBC News, Washington Post, U.S . Capitol, White Locations: Minnesota, Springfield , Ohio, Trump, D, Texas, Colorado, Springfield, American, Mexico, America, Hong Kong, China, Beijing, Walz

Vice presidential candidates JD Vance and Tim Walz faced off in their first and only debate Tuesday night, squaring off over everything from foreign policy and the economy to the 2020 election and abortion rights. Contemporaneous newspaper reports — first reported by Minnesota Public Radio News and APM Reports — place Walz in Nebraska at the time. Fact-check: Is housing 60% more expensive during the Biden administration? “Iran, which launched this attack, has received over $100 billion in unfrozen assets thanks to the Kamala Harris administration," Vance said. As part of a prisoner exchange the Biden administration negotiated with Iran last year, $6 billion more in Iranian assets were unfrozen.

Persons: Vance, Tim Walz, Walz, “, America —, ”, —, That’s, Kamala Harris, Biden, Harris, hasn’t, " Walz, Harris “, she’s, Donald Trump’s, You’ve, Donald Trump, Obama, Harris wasn’t, unfroze, Trump, Trump “, I’ve, Mike Pence Organizations: America, CNN, Minnesota Public Radio, APM, U.S, Center for American Progress, Economic, Global, Washington Post, Social Security, Immigration, Department of Homeland Security, NBC News, Biden, Democratic, Health Affairs, Customs, Capitol, Centers for Disease Control, Minnesota Health Locations: China, Nebraska, Hong Kong, Beijing, Russia, Saudi Arabia, Ireland, Norway, Spain, Lechleitner, U.S, Iran, Minnesota, ”

Democratic vice presidential candidate Tim Walz conceded Tuesday night that he “misspoke” in the past when he claimed that he was in Hong Kong during the crackdown in Tiananmen Square in which China’s military attacked and killed pro-democracy demonstrators. The Minnesota governor said that he had been in Hong Kong during the summer of the Tiananmen Square protests, but not in June 1989, when the crackdown took place in and around the square in Beijing, the Chinese capital. The admission comes after news accounts contradicted Walz’s past contention that he was in Hong Kong as the deadly protests unfolded. Walz’s false claim that he was in Hong Kong during an epochal event in world history creates a vulnerability that Republicans will surely look to exploit. Walz first went to China after graduating from college in 1989, stopping first in what was then the British colony of Hong Kong.

Persons: Tim Walz, Sen, JD Vance, Walz, “ I’ve, ” Walz, “, ”, Kamala Harris, Donald Trump can’t, Hong Kong “, Harris, Walz misspoke Organizations: Democratic, Republican, Minnesota Public Radio Locations: Hong Kong, Minnesota, Beijing, China, British, Foshan, Harvard’s, Nebraska

The debate, hosted by CBS News in New York City, could be the last event featuring candidates from both campaigns, with Kamala Harris and Donald Trump not currently scheduled to debate again. Vance wouldn't give a straight answer, instead throwing a question back at Walz about censorship about the Covid-19 pandemic on Facebook. “Sometimes, of course, I disagree with the president, but I’ve also been extremely open about the fact that I was wrong about Donald Trump. "Kamala Harris' day one was Donald Trump’s failure on Covid that led to the collapse of our economy. “Donald Trump could’ve destroyed the program.

Persons: Sen, JD Vance, Tim Walz, Kamala Harris, Donald Trump, Vance, Walz, assail “ Donald Trump’s, “, Trump, “ Donald Trump, Vance sidestepped, Harris, “ I’ve, Vance wouldn't, ”, Trump Vance, Hitler ”, I’ve, ” Vance, ” Walz, Donald Trump’s, Tim, Donald Trump hasn’t, “ Donald Trump could’ve Organizations: Democratic Gov, CBS News, ”, Facebook, Minnesota Public Radio, Democratic, Republican Congress, GOP, Biden, Trump, Republicans Locations: Ohio, Minnesota, New York City, Israel, ”, Hong Kong

☆ Daniel Day-Lewis ends acting retirement for a movie directed by his son
▼ + stars: | 2024-10-02 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

New York AP —Daniel Day-Lewis is coming out of retirement, seven years after his last movie, for a film directed by his son Ronan Day-Lewis. The project was announced Tuesday by Focus Features and Plan B, which are partnering on “Anemone.” The film, Ronan Day-Lewis’ directorial debut, will star his father along with Sean Bean and Samantha Morton. Earlier Tuesday, Daniel Day-Lewis and Bean were spotted riding a motorbike through Manchester, England, stoking intrigue about his impending return to acting. After making Paul Thomas Anderson’s 2017 film “Phantom Thread,” the 67-year-old had said he was quitting acting. “We could not be more excited to partner with a brilliant visual artist in Ronan Day-Lewis on his first feature film alongside Daniel Day-Lewis as his creative collaborator,” said Peter Kujawski, chair of Focus Features.

Persons: Daniel Day, Lewis, Ronan Day, Lewis ’, Sean Bean, Samantha Morton, Bean, Paul Thomas Anderson’s, ”, Martin Scorsese, ” Ronan, “, Peter Kujawski Organizations: York AP, Focus, Magazine, National Board Locations: Manchester, England, York, New York, Hong Kong

☆ China stock ETFs rip higher even as mainland markets close for holiday
▼ + stars: | 2024-10-02 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

People walk on a pedestrian bridge displaying the Shanghai and Shenzhen stock indexes on January 02, 2024 in Shanghai, China. Exchange-traded funds overseas that track Chinese stocks continued their stimulus-triggered rally Wednesday even as mainland markets were shut for a week-long holiday. Mainland Chinese markets, including Shanghai and Shenzhen stock exchanges, will remain closed until Oct. 8. "I am bullish on Chinese equities; this time is different," Scott Rubner, tactical specialist at Goldman Sachs, said in a note. "I have never seen this much daily demand for Chinese equities: I do not even think we have gone back to benchmark index weights yet."

Persons: Scott Rubner, Goldman Sachs, David Tepper, JD.com Organizations: Exchange, Hong Kong Stock Exchange, Management, CNBC Locations: Shanghai, Shenzhen, China, Mainland, Beijing

☆ China property stocks surge to highest levels in a year as stimulus rally continues
▼ + stars: | 2024-10-02 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

SHENZHEN, CHINA - MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and stock bubble faces risk. (Photo by Zhong Zhi/Getty Images)Shares of most Hong Kong-listed Chinese property stocks surged to their highest levels in over a year, as China's stimulus rally continues. The real estate sector was the biggest gainer in the Hang Seng Index , with Longfor Group Holdings being the top mover, adding over 25%. The wider Hang Seng Index added 6%, while the Hang Seng Mainland Properties Index surged over 14%.

Persons: Zhong Zhi Organizations: Longfor Group Holdings, Shimao, Kaisa, China Overseas Land & Investment, Hang Lung Properties, China Resources Land, Mainland Properties, Golden Locations: SHENZHEN, CHINA, Shenzhen, China, Hong Kong

☆ VP debate highlights: The biggest moments from JD Vance's and Tim Walz's first and only faceoff
▼ + stars: | 2024-10-02 | by ( Bryan Metzger | John L. Dorman | ) www.businessinsider.com time to read: +15 min

Tim Walz and JD Vance are debating on Tuesday night for the first and only time. Tim Walz of Minnesota met on Tuesday night for the first and only vice presidential debate. Tuesday night's faceoff represents an opportunity for both Walz and Vance to introduce themselves to their biggest audience yet while reinforcing their respective running mates' campaign messages. AdvertisementWalz then pivoted to attacking Trump, saying that "a nearly 80-year-old Donald Trump talking about crowd sizes is not what we need in this moment." "I think it's important for us, first of all, to say Donald Trump and I support clean air, clean water.

Persons: Tim Walz, JD Vance, Trump, Harris, —, Sen, Joe Biden's, Kamala Harris, Donald Trump, faceoff, Walz, Vance, Israel —, YIKES, TZsI1jPjtK — Curtis Houck, Israel, " Walz, Hurricane Helene, They've, We're, mics, you've, PxZ4nmphNW — Aaron Rupar, who've, Rochester , Minnesota —, I've, IpXc26KOBx, Gus, Tim, We've, we've, Usha, Hillary Clinton, Vladimir Putin, It's, Donald Trump's, Mike Pence Organizations: Service, Ohio, Gov, Trump, Biden, Republicans, Mayo Clinic, CNN, CBS, Buckeye State, Democratic, Facebook Locations: Minnesota, Iranian, Israel, Iran, Gaza, United States, Ohio, Hurricane, Tennessee, North Carolina, Mexico, Springfield, Rochester , Minnesota, China, Hong Kong, Asia

☆ Young Chinese are 'retiring' in the countryside as China's unemployment woes grate
▼ + stars: | 2024-10-02 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +6 min

Vcg | Visual China Group | Getty ImagesFed up with China's employment situation, young people on the mainland are retreating to the countryside. China's youth unemployment rate in August hit a new record of 18.8%, the highest since the new system of record-keeping began in December. Young Chinese transplanting rice seedlings in a field. Vcg | Visual China Group | Getty ImagesBut China's young "retirees" have pushed back against criticism that they are too picky or have given up. Such accusations, while unfair, are understandable in Chinese societal culture and context, said Hang Seng Bank China's Wang.

Persons: Gen, Wenzi Dada, Chung Chi, Chung Chi Nien, That's, Chung, Dan Wang, Wang, Keyu Jin, Wenzi, Gen Z Organizations: Visual China, Getty, CNBC, Hong Kong Polytechnic University, Hang Seng Bank, London School of Economics, Hang Seng Locations: Chongqing, China, Guizhou, Wenzi, Yunnan, Sichuan —, Shanghai, Hang Seng Bank China

☆ Key lines from the Vance-Walz vice presidential debate
▼ + stars: | 2024-10-02 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +19 min

Here are key lines from the debate, which was hosted by CBS News in New York City on Tuesday. Vance said many of the things Trump says, but he did it with a control that Trump lacks. The only answer is during the four years that Donald Trump was president. We have a historic immigration crisis because Kamala Harris started and said that she wanted to undo all of Donald Trump’s border policies. We could come together and solve this if we didn’t let Donald Trump continue to make it an issue.

Persons: Tim Walz, Sen, JD Vance, Vance, don’t, Vance Vance, Donald Trump, Donald Trump’s, Trump, Walz, Walz Walz, I’m, didn’t, Vance Trump’s, Joe Biden, Kim Jong Un, Chip Somodevilla, I’ve, we’re, Walz Vance, Kamala Harris, Vance Walz, you’ve, You’ve, Kamala Harris ’, Matthew, ‘, Margaret Brennan, Norah O'Donnell, Brendan McDermid, Reuters We’re, We’re, Vance It’s, Robert F, Kennedy Jr, ”, Harris, Biden, Nora, we’ve, Wade, Roe, Amber Thurman, Sandy, Walz misspoke, That’s, Vance Both Walz, You’re, Vance Child, Vance Trump, Walz Trump, It’s, he’ll, he’s Organizations: CNN, Gov, Minnesota, CBS News, Social Security, Trump, NATO, CBS, Center, Reuters, Mayo Clinic, Pharmaceuticals, Sandy Hook Elementary, Minnesota Gov, Affordable, Biden, Democratic Locations: Ohio, New York City, Israel, Iran, American, Afghanistan, Syria, Iraq, America, Mexico, Springfield , Ohio, Springfield, New York, Rochester , Minnesota, Hong Kong, China, Roe, Georgia, Finland

Mount Everest is astoundingly tall at 29,032 feet above sea level, besting its Himalayan neighbors by hundreds of feet. But the world’s tallest peak is still growing, scientists say, thanks in part to the merger of two nearby river systems tens of thousands of years ago. Everest has gained between about 50 and 160 feet as a result of that merger, researchers revealed in a study published Monday in the journal Nature Geoscience. Researchers also say this could explain why Everest is unusually tall, reaching nearly 800 feet higher than its neighbors. “While not entirely revolutionary, these findings are certainly surprising,” Dai said, adding that they could lead to a re-examination of current models of Himalayan formation and evolution.

Persons: Everest, ” Dai Jingen, ”, Dai, ” Dai Organizations: Nature, China University of Geosciences, NBC News Locations: Everest, Beijing, Eurasia

Authorities in India have summoned executives of a ticketing platform after furious Coldplay fans failed to secure tickets for the British rock band’s upcoming concerts in Mumbai and complained of unchecked scalping. Many of them are directing their anger at the platforms selling tickets — and calling on officials to take action. On Monday, the website Viagogo showed the lowest-tier tickets available for $1,500 and the highest-tier tickets for as much as $4,000. A third show for Jan. 21 was added the day tickets went on sale due to “unprecedented demand,” BookMyShow said. “These websites are selling tickets for 20, 30, 40 times more,” she said.

Persons: Coldplay, Taylor Swift’s, scalpers, Lavanya Maheshwari, ”, “, Maheshwari, Ashish Hemrajani, “ We’ve, BookMyShow, ” BookMyShow Organizations: American, Ticketmaster, Oasis, Justice Department, Coldplay, Mumbai Police, NBC Locations: India, Mumbai, United States, Gurugram, New Delhi

☆ ‘No challenges can stop China’s progress,’ Xi Jinping says in 75th anniversary speech
▼ + stars: | 2024-10-01 | by ( Evelyn Cheng | Evelyn Cheng Is A Senior Correspondent With Cnbc. | ) www.nbcnews.com time to read: +3 min

BEIJING — Chinese President Xi Jinping said Monday that no challenges can stop the country from moving forward and reiterated Beijing’s reunification aims with Taiwan. “The path ahead will definitely see challenges,” Xi said, before calling on the country to overcome uncertainties and risks. “No challenges can stop China’s progress.”The comments were translated by CNBC from a Chinese state media broadcast. Xi did not mention specific countries or trade conflicts in his Monday speech, instead portraying China as upholding globalization. In a 2019 speech commemorating the PRC’s 70th anniversary, Xi had said that no force could sway China’s development, amid festivities involving a military parade and large-scale celebrations.

Persons: Xi Jinping, ” Xi, Xi, Beijing’s, “, ” Organizations: CNBC, Communist Party’s, Macao —, People’s Bank of, Ministry of Finance Locations: BEIJING, Taiwan, People’s Republic of China, Beijing, China, U.S, Europe, Greater China, Hong Kong, Macao, People’s Bank of China

HONG KONG — Three people were killed and 15 others were injured in a knife attack at a supermarket in Shanghai on Monday evening, local police said, in the latest of a series of such stabbings in China. A 37-year-old suspect, surnamed Lin, was apprehended at the scene in Shanghai’s Songjiang district shortly after the attack. Lin went to Shanghai and carried out the attack “to vent his anger due to personal economic disputes,” police said. In June, a knife attack at a public park in the northeastern Chinese city of Jilin injured four U.S. university instructors, none of them critically. In 2022, a man stabbed 15 people in a hospital in Shanghai, severely wounding four minors.

Persons: Lin Organizations: Shanghai Public Security Bureau Locations: HONG KONG, Shanghai, China, Shanghai’s Songjiang, People’s Republic of China, Shenzhen, Suzhou, Jilin

☆ Morgan Stanley names China stocks set to benefit from a 'sustained rally'
▼ + stars: | 2024-10-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Morgan Stanley says that Chinese stocks could enjoy a more "sustained rally" in the next phase — beyond a near-term jump — as they ride on the wave of stimulus measures and signals announced last week. They predict at least a 10% rally in the near term , and even more ahead. Against that backdrop, the bank indicated its preference for certain stocks that are set to benefit from easing measures. Stock screens Morgan Stanley did a few stock screens to sieve out those set to benefit. Morgan Stanley says it expected a supplementary budget to be announced in late October, supporting consumption and local government financing.

Persons: Morgan Stanley, Evelyn Cheng Locations: Hong Kong, China

☆ How this unique business model is setting new standards in crypto asset management
▼ + stars: | 2024-10-01 | by ( Sponsor Post | ) www.businessinsider.com time to read: +4 min

Matrixport has created a crypto financial service hub that emphasizes investor success. The all-in-one crypto financial hubOne such case is Matrixport, a Singapore-based crypto asset management platform marketing itself as the "world's leading all-in-one crypto financial service hub," is outpacing traditional crypto exchanges and crypto asset management platforms. It puts investors first and creates an entry-level crypto ecosystem delivering access to integrated products and services, like crypto asset trading, investment, loans, custody, RWA, research, and more. What truly sets Matrixport apart from crypto exchanges is its business model. Founded in 2019, Matrixport manages crypto assets worth more than $10 billion and sees monthly trading volumes exceeding $5 billion.

Persons: Matrixport, Jihan Wu, Bitmain Organizations: Traders, Tech, Invest, Insider Studios, Matrixport, Business Locations: Solana, Singapore, Asia, Hong Kong, Switzerland

A Li L6 by Li Auto is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. BEIJING — Chinese new energy vehicle brands Li Auto and Zeekr each delivered a record number of cars in September, according to company data released Tuesday. New energy vehicles include hybrids and those powered only by battery. Li Auto reported 53,709 deliveries in September, setting a record more than 5% above a prior high reached in July. Geely-owned electric car company Zeekr also delivered a record of 21,333 vehicles in September.

Persons: Li, Li Auto, Zeekr, Nio, Hong Kong's Organizations: Li, Beijing International Automotive, Auto, Li Auto, Huawei Locations: Beijing, China, BEIJING, Hong Kong

☆ Walz’s claim that he was in China during Tiananmen Square protests undercut by unearthed newspaper reports
▼ + stars: | 2024-10-01 | by ( Aaron Pellish | ) edition.cnn.com time to read: +6 min

Walz had previously said he visited Hong Kong in “May of ’89,” weeks before the Tiananmen Square massacre in Beijing. During a 2014 hearing of the Congressional-Executive Commission on China honoring the 25th anniversary of the Tiananmen Square protests, Walz, then a Minnesota congressman, appeared to recall specific details of his trip to China at that time. Walz’s 2014 claim that he visited China during the Tiananmen Square protests has been repeated in media reports. When asked by CNN if Walz was in China during the Tiananmen Square protests, the Harris campaign was unable to provide evidence to substantiate Walz’s claim. ?,” Miller said in a social media post in response to clarification offered by the Harris campaign about Walz’s trips to China.

Persons: Tim Walz, Ohio Sen, JD Vance, Walz, ”, Harris, he’s, Gwen Walz, “, Jason Miller, Donald Trump’s, Vance, Tim, ” Miller, James Comer, Alejandro Mayorkas, Walz “ misspoke Organizations: CNN, Minnesota Gov, Democratic, Tiananmen, Republican, GOP, Congressional, Commission, Washington Free, Alliance Times, Herald, Nebraska National Guard, ”, Minnesota Public Radio, APM, China “, Republicans, Congressional Republicans, Trump, Chinese Communist Party Locations: China, New York, Ohio, Hong Kong, “, Tiananmen, Beijing, Minnesota, Foshan, Guangdong, Nebraska, ” Nebraska

☆ No U.S. investor is 'positioned correctly' in Hong Kong and Chinese equities: Mizuho Americas
▼ + stars: | 2024-10-01 | 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 EmailNo U.S. investor is 'positioned correctly' in Hong Kong and Chinese equities: Mizuho AmericasFarzin Azarm of Mizuho Americas says that investors are hoping for a pullback in the Hong Kong and Chinese markets to "get back" into the market.

Organizations: Mizuho, Farzin Locations: Hong Kong, Mizuho Americas

☆ CNBC Daily Open: Markets defied expectations last month
▼ + stars: | 2024-10-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Winning month and quarterU.S. markets rose on Monday to finish a winning month and quarter. While that may remind investors of the 2015 bubble, when the Chinese stock market doubled in value over six months, analysts think things are different this time.

Persons: Tesla, Jerome Powell, Powell, Cerebras, Stocks Organizations: New York Stock Exchange, CNBC, Nikkei, . Federal, National Association for Business Economics, Nvidia, Systems, Nasdaq, CSI, CNBC Pro Locations: New York City, Asia, Pacific, China, Hong Kong, South

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