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A Tale of Two Chinas
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A Tale of Two Chinas
Key News Asian equities were led higher by Japan, Taiwan, Mainland China, and Vietnam, while the Philippines underperformed, despite a stronger US dollar. Following a family vacation last week, I’m feeling refreshed and reinvigorated, though nothing has changed in Hong Kong in the last week. Every day these days appears to be a repeat, reminiscent of the Bill Murray movie Groundhog Day, as AI “picks and shovels”, i.e., semiconductors and technol…
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