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(Bloomberg) -- Xiaomi Corp. is rapidly closing in on a new all-time-high share price, having cracked the crowded market for electric vehicles in a repeat of its earlier success with smartphones.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsIts stock has surged 101% this year, outpacing global peers, on the

Abu Dhabi's financial centre, the Abu Dhabi Global Market (ADGM), will conduct a roadshow in China in mid-February to respond to "overwhelming interest" from businesses to set up shop in the capital of the United Arab Emirates, according to its market development head. The planned trip follows a July roadshow that visited Shanghai and Hong Kong. During next year's edition, senior executives of the ADGM, among others, are expected to stop by Beijing, Shanghai, Shenzhen and Hong Kong. "There are d

(Bloomberg) -- European stock bulls looking for the region’s equities to close the gap on superior returns in the US next year are set for disappointment.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe Stoxx Europe 600 Index will end 2025 at 535 points, Bloomberg’s survey of 20 strategi

Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with an equities market that has wagered on a revival in consumption. Although China's closed capital account diminishes the 33 trillion yuan ($4.6 trillion) market's worth as an economic forecaster, the signal from ten-year bond yields scraping record lows almost daily and long bonds falling below Japanese yields still shows a deep-set negativity about the outlook. "The bonds are basically saying that, yes, there is a (stock market) rally out there, but we don't buy this rally for the long term," said Bhanu Baweja, chief strategist for UBS Investment Bank in London.

Indexes dropped after wholesale inflation data. Adobe's sharp decline after earnings weighed on the Nasdaq, while Nvidia and Tesla shares also ended lower.

Broadcom shares surged in extended trading Thursday after the chipmaker reported better-than-expected earnings and issued a rosy outlook amid robust AI sales growth. Monitor these important price levels.

Many Wall Street bears have retreated in the face of this year's blistering stock rally. The few that remain see a steep correction on the horizon.