Market Talk – January 22, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 618.27 points or 1.58% to 39,646.25 • Shanghai decreased 29.00 points or -0.89% to 3,213.62 [...]
Believe it or not, Chinese start-ups have for the first time collected more venture capital than newly established US companies in the past quarter. This is reported by the South China Morning Post . Almost half (47%) of the venture capital used worldwide was spent on start-ups from the Middle Kingdom. The American start-ups were only just over a third (35%). This is part of the entire real reason why China will be surpassing the United States and take the title Financial Capital of the World.
We will be releasing a printed report on this subject covering all the topics from politics to economics.