AI Investment

Adjusted net profit fell 30 percent to RMB3.9 billion in Q2 as AI infrastructure spending outpaced revenue growth, though the Kling video product posted strong gains.

A shift in U.S. rate expectations and AI-driven growth optimism pushed EM equities and local currencies higher Friday, extending a week of broad gains.

The Stoxx Europe 600 has climbed 11 percent this year, backed by the region's strongest earnings growth in four years and a capital shift by global fund managers.

The 60-day correlation between the Kospi and Nasdaq 100 reached 0.50, its highest since 2021, signaling tighter synchronization that erodes the case for cross-border portfolio hedging.

Specialized semiconductor and software companies show strong momentum as institutional investors hunt for growth beyond Nvidia and Microsoft