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The Shenzhen Stock Exchange has added Puyuan Precision Electric and Dingtai Hi-Tech to its list of securities eligible for the Hong Kong Stock Connect program, effective July 9.

2026-07-09

The Shenzhen Stock Exchange has added Puyuan Precision Electric and Dingtai Hi-Tech to its list of securities eligible for the Hong Kong Stock Connect program, effective July 9.

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2026-07-09

Japan's Chief Cabinet Secretary Minoru Kihara said he hopes to win market confidence by steadily reducing the government's debt-to-GDP ratio.

Japan's Chief Cabinet Secretary Minoru Kihara said he hopes to win market confidence by steadily reducing the government's debt-to-GDP ratio.
2026-07-09

In the AI era, free cash flow is shifting from those who "buy computing power" to those who "sell computing power." Bank of America predicts that between 2025 and 2027, massive amounts of capital will flow from internet giants into semiconductor comp

In the AI era, free cash flow is shifting from those who "buy computing power" to those who "sell computing power." Bank of America predicts that between 2025 and 2027, massive amounts of capital will flow from internet giants into semiconductor companies at an unprecedented rate. This doesn't mean that companies like Amazon, Microsoft, and Google have suddenly stopped making money; rather, it's because they are investing heavily in AI areas such as data centers and GPUs—they are the "buyers of computing power." Therefore, even if their core businesses remain strong, a surge in AI capital expenditures will suppress their free cash flow.
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