China and Hong Kong shares ended higher on Thursday, as investors played down the latest U.S. tariff increase on Chinese imports and pinned their hopes on talks between the world’s two largest economies as well as on market and policy support from state firms.
Technology to drive consolidation in broking and asset management: Saurabh Mukherjea
Saurabh Mukherjea of Marcellus Investment Managers anticipates profit margin compression in the AMC sector due to increased competition. He suggests potential US tariffs on India