TOKYO – China gave global investors one of 2026’s biggest AI thrills. Yet the country that helped ignite excitement about artificial intelligence is home to one of the worst-performing major stock markets. While AI fever has propelled Seoul, Taipei and Tokyo higher, Chinese shares are stuck in reverse.

So what gives? Several forces, actually. Weak household demand, for one. Consumer spending continues to disappoint, weighing on the earnings potential of mainland internet companies, automakers, and retailers.

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On September 30, SK Hynix’s American depositary shares closed at US$184.15 on the Nasdaq. Earlier that day in Seoul, one ordinary share closed at 1,776,000 won, about $1,308.80. Ten ADSs represent one Seoul share, so each ADS’s slice was worth about $130.88. Comparing those two closing prices gives the ADSs a 40.7% premium. The markets […]

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by Michael Nevradakis, Ph.D., Childrens Health Defense: The pharmaceutical and health industry spent $456.9 million on lobbying expenses in 2025, according to OpenSecrets. According to STAT, it was the largest-ever single-year increase in lobbying spending. Leslie Manookian, president of the Health Freedom Defense Fund, suggested the industry may feel threatened by Robert F. Kennedy Jr.’s […]