Saturday, July 11

Money

Asian equities had a strong session, led by Hong Kong, Indonesia, Vietnam, Taiwan, and South Korea. There was considerable market chatter about the strength of the Chinese yuan (CNY) versus the US dollar, possibly driven by the People’s Bank of China (PBOC), which runs counter to the prevailing narrative.

HIMS (NASDAQ:HIMS), a telehealth platform with a market capitalization of $14 billion, has seen its stock rise by 150% this year.

© 2026 The Money Times. All rights reserved