John Cheng

Stay informed with John Cheng’s coverage and analysis for Fortune.

  • An electronic stock board displays the Nikkei 225 Stock Average outside a securities firm in Tokyo, Japan, on Tuesday, March 11, 2025. The global selloff in stocks deepened, sending US equity-index futures to fresh lows on concern that tariffs and government spending cuts will torpedo growth in the world’s largest economy. Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesFinance

    Fears of U.S. contagion spur traders to find hedges across world

    By Ruth Carson, John Cheng, and others
  • The HSBC Holdings Plc headquarters building in Hong Kong, China, on Friday, Oct. 25, 2024. HSBC is scheduled to release earnings results on Oct. 29. Photographer: Lam Yik/Bloomberg via Getty ImagesFinance

    HSBC analysts see 21% upside for Hong Kong-listed Chinese stocks

    By John Cheng and Bloomberg
  • Former US President Donald Trump during the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, US, on Monday, July 15, 2024. Former President Donald Trump tapped JD Vance as his running mate, elevating to the Republican presidential ticket a venture capitalist-turned-senator whose embrace of populist politics garnered national attention and made him a rising star in the party. Photographer: Eva Marie Uzcategui/Bloomberg via Getty ImagesFinance

    Asia has a Trump trade too: Investors think India will win, China will lose from the former president’s ‘America First’ policy

    By John Cheng, Winnie Hsu, and others
  • An aerial photo is showing the factory of Taiwan Semiconductor Manufacturing Company (TSMC) in Nanjing, Jiangsu province, China, on August 1, 2023. TSMC announced on March 8, 2024, that its consolidated revenue for February 2024 was about NT $181.65 billion, which represents a 15.8% decrease from the previous month, yet an 11.3% increase year-on-year. The cumulative revenue for January to February 2024 was approximately NT $397.43 billion, marking a 9.4% increase over the same period the previous year. (Photo by Costfoto/NurPhoto via Getty Images)Tech

    Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI

    By John Cheng, Betty Hou, and others
  • Chief Investment Officer of ARK Invest, Cathie WoodFinance

    Cathie Wood is trialling a new Bitcoin strategy for 2024—including shedding shares of a former favorite holding

    By John Cheng and Bloomberg
  • SHANGHAI, CHINA – JULY 06: Tang Xiaoou, professor of the Chinese University of Hong Kong, speaks during the opening ceremony of 2023 World Artificial Intelligence Conference at Shanghai World Expo Exhibition and Convention Center on July 6, 2023 in Shanghai, China. (Photo by VCG/VCG via Getty Images)Tech

    China ‘AI dragon’ SenseTime plunges after surprise death of U.S.-sanctioned firm’s co-founder

    By Edwin Chan, John Cheng, and others
  • The VF6 all electric vechicle from Vietnamese automaker Vinfast on display at the 2022 Los Angeles Auto Show in Los Angeles, California on November 17, 2022. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

    Buzzy electric carmaker VinFast loses an astounding $83 billion in market value in just one day as investors suddenly go into reverse

    By John Cheng and Bloomberg
  • Traders on the stock exchange.Finance

    Investors better buckle up and brace for impact in the first half of 2023, according to JP Morgan and Goldman Sachs

    By Sagarika Jaisinghani, John Cheng, and others