Chinese stocks have been disappointing for investors, with the MSCI China index delivering a gross total return of 3.9% per year in sterling terms over the past decade. The market appears cheap, trading at ten times forecast earnings, but faces risks such as demographics and geopolitical tensions. Despite recent government efforts to boost growth, investors remain cautious, with three trusts in the China specialist sector offering distinct strategies for navigating the challenging market conditions.
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Why Shares of Uber Are Surging Today
Shares of Uber (NYSE: UBER) rose approximately 7.6% following the announcement of a partnership with Alphabet's Waymo, allowing users to book Waymo rides exclusively through the Uber app in Atlanta. This marks the second collaboration between the companies, having previously partnered in Austin, where Waymo vehicles have received an average rating of 4.9 stars. Explain It To Me Like I'm 5: Uber's stock went up because they teamed up with Waymo to let people use...
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