Text size Alibaba and other Chinese tech stocks have been beaten down amid regulatory pressures. Greg Baker/AFP via Getty Images Alibaba and other Chinese tech stocks roared higher on Wednesday as a w...
Tag: China
AliBaba Launches NFT Tools Even As China Cracks Down
Alibaba Cloud, a subsidiary of Alibaba Group, announced the launch of non fungible tokens (NFTs) solutions. The computing Company will also be building NFT marketplaces, including web hosting and cont...
Shares of China EV maker BYD jump after exec announces Tesla battery deal
This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,”...
Tesla Needs Batteries. This Buffett-Backed EV Maker to Supply Them ‘Very Soon.’
Text size BYD launched its Blade battery in 2020. Qilai Shen/Bloomberg BYD shares rose on Wednesday after the Chinese electric vehicle maker said it was preparing to supply batteries to Tesla. “We are...
Hong Kong Internet Stocks Fly On Significant Volume Increase
China Last Night KraneShares Key News Asian equities were largely higher as Hong Kong outperformed and India underperformed. Today was more important than what initially meets the eye as Hong Kong vol...
$150 oil won’t cripple economy, market: J.P. Morgan’s Marko Kolanovic
J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believ...
Tesla’s China Numbers Are Coming. Here’s What to Expect.
Text size Tesla’s Shanghai plant was shut at the start of April due to China’s Covid-19 lockdown measures. Xiaolu Chu/Getty Images Tesla ’s wholesale numbers from its Shanghai plant for Ma...
May Sales At China Billionaire’s Geely Auto Drop 7% Amid Lockdown Disruptions; EVs Gain
Geely Auto is controlled by China billionaire Li Shufu. (Photo by Zhang Peng/LightRocket via Getty … [+] Images) LightRocket via Getty Images Geely Automobile Holdings, a China automaker control...
For First Time, U.S. Imports Topped $1 Trillion In 4 Months, New Data Shows
As oil prices have risen so too have gasoline prices, leading to higher inflation for U.S. … [+] consumers. Getty Images U.S. trade topped $1 trillion in the first four months of the year, accor...
Experts See Fresh Opportunities In Chinese Stocks With Economic Activity Set To Rebound After Shanghai Reopening
Topline Global markets have recently benefited from positive news out of China, which is lifting coronavirus lockdown restrictions in Shanghai and reportedly easing regulatory crackdowns on its tech s...
Reopening Continues As Hello Group Inc. Beats
Key News Asian equity markets were mixed overnight on light volumes as South Korea underperformed. Investors clipped gains in Hong Kong’s clean technology ecosystem stocks following yesterday’s strong...
Offshore Wind Will Define The Race For Ocean Space
Also known as The Great Wave, the print is from the series Thirty-Six Views of Mount Fuji. Located … [+] in a private collection. | Location: near Kanagawa, Japan. (Photo by VCG Wilson/Corbis vi...
Terra’s aftermath in China, Japan and South Korea
The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are extending even further. Last week brought some notable reactions to the stablecoin’s depegging in the East Asia r...
End Of Evaluations Overflow Era? A Unique Method For Investors To Determine Startup Value
The relatively new generation of entrepreneurs has probably only known the “easy money” era, a time that has also made investors more competitive, less meticulous in their decision-making ...
Alibaba, US-Listed China Stocks Soar as Crackdown Fears Ease
(Bloomberg) — US-listed China stocks surged Monday to the highest since early April on increased speculation that a year-long government crackdown on the technology industry is easing. Most Read...
China’s Fosun Pharma Invests $158 Mln For 60% Stake In Singapore Cancer Treatment Centers
Guo Guangchang, chairman and co-founder of Fosun International, pictured in 2018. Guo is worth $4.6 … [+] billion on the Forbes Real-Time Billionaires List today. Photographer: Paul Yeung/Bloomb...
These charts show state of supply chain as China eases Covid lockdowns
Zoom In IconArrows pointing outwards The CNBC Supply Chain Heat Map for China, which is gradually easing Covid lockdowns, is showing several hot spots slowing down trade flow in recent days. ChinaR...
Meituan Motors, EVs Electrify, Didi To Relist In Hong Kong
China Last Night KraneShares Key News North Asian equity markets outperformed South Asia, led by China and Hong Kong while Malaysia and South Korea were closed. Today’s Wall Street Journal article on ...
Dow Jumps 300 As China Reopening Boosts Markets, But Investor Sentiment Remains ‘Precarious’
Topline Markets moved higher on Monday as stocks tried to rebound from a losing week; investor sentiment rose thanks to positive news out of China, which looks to be easing coronavirus lockdown restri...
DiDi shares surge over 50% premarket as China lifts foot of probe gas pedal
Reports of Beijing officials winding down their year-long probe into DiDi Global (NYSE: DIDI) are surfacing, having an effect across markets. Notably, the U.S. stock index futures rose in early tradi...
China to Wrap Probe Into Didi as Soon as This Week, WSJ Says
(Bloomberg) — Chinese regulators are preparing to wrap up their investigation into Didi Global Inc. and restore the ride-hailing giant’s main apps to mobile stores as soon as this week, the Wall...
Stocks Rise as China Reopening Offsets Rate Fears: Markets Wrap
(Bloomberg) — Stocks in Europe gained along with US equity futures Monday as Beijing further eased Covid restrictions, helping soothe a fragile mood amid inflation and rate-hike concerns. Treasu...
Engineer Who Fled Charges of Stealing Chip Technology in US Now Thrives in China
(Bloomberg) — Few companies are better positioned to benefit from the crippling shortage of computer chips than ASML Holding NV, a Dutch manufacturer whose equipment plays an integral role in ma...
China tries to shake off the worst of the pandemic
A handful of tourists visit the normally packed Yuyuan Garden during the Dragon Boat Festival holiday on June 4, 2022, in Shanghai, where authorities are allowing a return to normal life and business ...
China Tourist Trips, Revenue Fell During Dragon Boat Festival
Children wearing face masks ride on a cart at a public park on the first day of the Dragon Boat … [+] Festival holiday in Beijing, Friday, June 3, 2022, as China’s capital has begun to reo...
Biden Administration Weighs Ending Some Trump-Era China Tariffs To Counter Inflation
Topline The Biden Administration is considering ending some Trump-era tariffs on Chinese goods in an attempt to control inflation, Secretary of Commerce Gina Raimondo told CNN on Sunday, as Americans ...
China Targets Xinjiang’s Development Park for Introducing Bitcoin Mining in 2018
In a new report, a central leading group for the inspection work of ecological and environmental protection said that ecological and environmental problems in some of the areas of Xinjiang Uygur Auton...
The Rights Of Religious Minorities Are Under Threat In Communities Around The World
On June 2, 2022, the U.S. State Department delivered its annual Report to Congress on International Religious Freedom (the IRF Report) pursuant to its obligation under the International Religious Free...
China Sentences Ex-City Party Chief to Death With Reprieve
(Bloomberg) — China has sentenced a former Communist Party city chief and securities regulator to death with a two-year reprieve for bribery and insider trading, state broadcaster CCTV reported....
Mainland China, HK Stock Exchanges Closed For Dragon Boat Festival On June 3
Aerial view of contestants attending the opening ceremony of a dragon boat race in China in 2020. … [+] (Photo by Tan Kaixing/VCG via Getty Images) VCG via Getty Images Stock exchanges in mainla...