China Last Night KraneShares Key News Asian equity markets were mixed overnight with Taiwan and South Korea outperforming. Hong Kong and China were off with October’s PPI reported to be -1.3% and risi...
Tag: China
Huaxia Eye Hospital IPO Mints China’s Latest Billionaire
A man walks by the gate of the Shenzhen Stock Exchange on August 20, 2020. (Photo by VCG/VCG via … [+] Getty Images) VCG via Getty Images It’s been a rough stretch this year for China stocks owi...
China’s Cash Drives America Towards Electrification
This week Foxconn, a Taiwanese company under the influence of China, injected another $170 million in Lordstown Motors, the Ohio electric truck company. This follows Foxconn’s purchase of Lordstown’s ...
What It Means When Gap Quits China And The Market Just Shrugs
GAP Flagship Store in Shanghai, China. getty In the mergers and acquisitions business, there are questions that buyers ask about companies that go in and out of fashion. Until a few years ago, the mos...
China COVID Cases Increase Though No Lockdowns
China Last Night KraneShares Key News Asian equity markets were mixed as Japan and South Korea outperformed while India had the day off for Guru Nanak Jayanti which celebrates the birth of the first S...
Nvidia Stock Jumps On Report New Chip Designed for China Market
Updated at 10:08 am EST Nvidia Corp. (NVDA) shares moved firmly higher Tuesday following a report suggesting the chipmaker had developed a new semiconductor it could sell to customers in China witho...
We’re increasing price targets on 3 of our stocks, including 2 crushing the boarder market
Following our price target changes on eight Club holdings last month, we’re updating three more Tuesday to reflect their recent quarterly earnings reports and outlooks. Eli Lilly (LLY): Club pri...
Hong Kong Rallies On Incremental Loosening Of Zero COVID
China Last Night Kraneshares Key News Asian equities had a nice start to the week as Hong Kong outperformed to the upside. Investors continue to read the tea leaves on China’s reopening as small, incr...
Wuhan City Shelves NFT Plans Amid Growing Uncertainty In China
China stands among the top jurisdictions with solid opposition to crypto assets and NFT culture. The region shook the crypto space in 2021 with restrictive measures on crypto mining. It pronounced a c...
Is it safe to cruise again? Yes, say fans who are cruising again
Outbreaks, port refusals, travelers stuck onboard. Cruise ships dominated the news in early 2020 for all the wrong reasons. Some people predicted the industry would never recover. But cruising fans sa...
Tech can’t find a bottom; industrial, consumer stocks bounce
Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to kno...
China Stocks May Rally 20% on a Full Reopening, Goldman Says
(Bloomberg) — Strategists at Goldman Sachs Group Inc. say a complete China reopening will drive a 20% gain in Chinese equities, citing signs that the government may be starting to prepare for a ...
Appetite for Risk Sours on Covid Zero in China: Markets Wrap
(Bloomberg) — Appetite for risk taking slumped as trading got underway Monday, sending the dollar higher and US equity futures lower after China affirmed its Covid-Zero policy stance. Most Read ...
Risk Currencies Retreat as China Vows to Stick With Covid Zero
(Bloomberg) — Risk currencies slumped early Monday — paring strong gains seen Friday — after Chinese authorities vowed to stick to their strict Covid-Zero stance. Most Read from Bloo...
Mainland China Seized The Crypto Assets Involved In Ponzi Schemes
In 2019, the People’s Republic of China was attracted to the Plus Token, which is basically a Ponzi scheme where the investors believe that if they invest a small amount of assets in return, the...
China’s Financial Footprint Deepens In Latin America
In the last two weeks, Mexico accounted for nearly half of all of China’s Belt and Road Initiative … [+] investments. China is making deeper inroads into Latin America via corporate brands...
Starbucks (SBUX) solid Q4 earnings, guidance despite China drag
Club holding Starbucks (SBUX) reported strong fiscal fourth-quarter results after the closing bell Thursday, giving us confidence that demand can endure the softness in the global economy and China...
Elon Musk’s New Tool To Shape Public Opinion
Like media moguls before him, the world’s wealthiest person now owns a personal mouthpiece with Twitter. It may prove more potent at influencing public opinion than traditional news outlets. As long a...
Are governments the biggest crypto whales? China holds more Bitcoin than Microstrategy
As of November 3rd, the circulating supply of Bitcoin – the largest cryptocurrency by market capitalization – stood at 19.1 million. Interestingly, a decent percentage of the supply is presently owned...
The Race To The Bottom In The Chinese Pharmaceutical Market Reinforces The Need To Market In The United States
while new drugs may be approved in China, unless they have unique mechanisms of action, they may simply join a race to the bottom in terms of domestic reimbursement. Hence the increasing trend for Chi...
Government Of China Holds This Much Bitcoin
Government Of China Holds This Much BitcoinIs Chinese Government a Crypto Whale?November 03, 2022Ki Young Ju, Co-founder & CEO of Cryptoquant tweeted that the Chinese government holds more B...
BYD Retains EV Crown Over Tesla As Mainland Investors Buy Big In Hong Kong
China Last Night KraneShares Key News Asian equities were down following the Fed’s 75 basis point interest rate hike as the US dollar surged overnight and the Asia dollar index hit a 52-week low. Thai...
China holds $3.9B worth of Bitcoin despite anti-crypto stance
CryptoQuant co-founder Ki Young Ju said the Chinese government is a crypto whale, despite its negative posture toward the industry. FUN FACT: Government of China🇨🇳 is a crypto whale. Chinese authoriti...
Investors Inhale CanSino Biologics’ Return Today As China’s Big Three Regulators Address Concerns
China Last Night KraneShares Key News Asian equity markets were mixed in advance of today’s Fed decision to raise interest rates another +0.75% with China and Hong Kong outperforming. Yesterday’s rumo...
CVS, Estee lauder, Canada Goose and others
Check out the companies making headlines before the bell: CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. The company also ...
DuPont Ends Rogers Acquisition. Blame China Regulators.
After a wild series of events, stock in materials giant DuPont rose while shares of DuPont’s almost-merger partner Rogers Corp. plummeted. Here’s what happened: DuPont (ticker: DD) on Tuesday complete...
China Traders Gripped by Frenzied Reopening Talk as Stocks Soar
(Bloomberg) — Trading desks across China have become inundated with unverified talk of a shift in Xi Jinping’s Covid Zero policy, sparking an epic rally in stocks and underscoring just how despe...
Bullish on Estee Lauder, Starbucks as China holds back earnings
Wall Street’s worried China’s draconian Covid-19 restrictions — which have weighed heavily on the world’s second largest economy for nearly three years — could drag down earnings at ...