China Last Night KraneShares Key News Asian equities were largely off overnight. The SEC added Weibo, Baidu, iQIYI, and three other China ADRs during US trading hours to their HFCAA non-compliant list...
Tag: China
Walgreens, Baidu, Novavax and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator reported an adjusted quarterly profit of $1.59 per share, 19 cents above estimates, with revenue als...
China Inks Security Deal With Solomon Islands—Here’s Why The U.S. And Allies Are Concerned
Topline The Solomon Islands on Thursday announced it had inked a security deal with China, despite concerns from Western allies and nearby countries, that could drastically change security in the regi...
Competition Heats Up For Tesla In EV Market
Charger with Tesla logo at a Supercharger rapid battery charging station for the electric vehicle … [+] company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, ...
“In The Midst Of Chaos, There Is Also Opportunity.” -Sun Tzu
China Last Night KraneShares Key News Tuesday night the Senate passed the America COMPETES Act (HR 4521). I will refrain from commenting on the bill, though US taxpayers should look at how their tax d...
China Tests Philippine Sovereignty And U.S. Commitment To International Law
In this photo provided by the Philippine Coast Guard, a Philippine Coast Guard looks as a a Chinese … [+] Coast Guard ship sails near them during their patrol at Bajo de Masinloc (Scarborough Sh...
China’s wealthy moving money to Singapore amid common prosperity push
As Beijing pushes for “common prosperity” and political turmoil threatens Hong Kong, Singapore has become a safe harbor for some of the region’s wealthiest tycoons and their families...
U.S. Business Enthusiasm About China Market Undimmed By Ukraine War – At Least So Far
Pedestrians and shoppers walk past a McDonald’s Corp. restaurant in Shanghai in 2018. Photographer: … [+] Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Russia’s invasion of Ukraine has ...
Billionaire Sun Hongbin’s Sunac Delays Financial Results, Will Suspend Share Trading
Sun Hongbin, Chairman of the Board and Executive Director of Sunac China. (Photo by Jonathan … [+] Wong/South China Morning Post via Getty Images) South China Morning Post via Getty Images Sunac...
Xi Battles Distrust by Global Investors Burned in China Before
(Bloomberg) — President Xi Jinping’s efforts to regain the trust of international investors face serious hurdles. Most Read from Bloomberg Xi’s government showed little regard for the same inves...
TikTok Rival Kuaishou Beats Expectations As Hong Kong Internet Gains
China Last Night KraneShares Key News Asian equities had a strong day on Ukraine peace talks in Turkey while China was off though not significantly. The Hang Seng Index gained +1.12% led by Hong Kong ...
How The Shanghai Covid Shutdown Will Be Used Against The West
A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo … [+] wharf, in Shanghai. The port is closed all week do to Covid. (Photo from JOHANNES EISELE/A...
China Blows $46 Billion A Month With ‘Zero-Covid’ Fiasco
Workers wearing protective gear deliver vegetables to residents of a neighborhood in lockdown in … [+] Jing’an district, Shanghai on March 29, 2022. HECTOR RETAMAL/AFP via Getty Images Eco...
Oil Ends Down 7% on China; Falls More as Russia Said to Drop ‘Denazification’
By Barani Krishnan Investing.com — Crude prices tumbled on Monday on China’s unexpected lockdown of its Shanghai financial hub over a Covid scare and extended losses in post-settlement after the...
Nongfu Spring, Flagship Of China’s Richest Man, Posts ’21 Profit Gain, Sees Rising Costs From Ukraine War
Bottles of Nongfu Spring Co. water at a vending machine in Shanghai. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Nongfu Spring, the flagship beverage business of China’s...
Oil Prices Drop As China Initiates Biggest Covid Lockdown In 2 Years
Crude oil prices started the week with a decline in response to the start of a lockdown in Shanghai due to the high number of Covid infections, rekindling concern about the loss of oil demand in the w...
Hong Kong faces ‘tough balancing act’ in easing border rules, official says
Hong Kong faces a tough balancing act as the city aims to lift some border restrictions for international travelers starting next month, according to a government official. The Chinese territory inte...
Tesla stock split overpowers China shutdown, stock pops
For a second time in less than two years, Tesla (TSLA) is seeking to split its stock – and shares are jumping. In a tweet earlier Monday, Tesla confirmed it was asking shareholders for permissio...
Meituan Leads Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities were mixed as the Hang Seng outperformed, gaining +1.31% led by internet stocks as the Hang Seng TECH Index gained +2.62%. Meituan (3690 HK) jumped...
How Bad Inflation Might Get, According To The Companies That Will Raise Prices
It’s still much more expensive to get stuff to the U.S. from Asia a year after shipping costs first shot up. By Amy Feldman and Lauren Debter Try as he might, Greg Hayes, CEO of office-furniture compa...
Tesla Shares Leap As Group Plans Stock Split Vote At Next AGM
Updated at 8:00 am EST Tesla (TSLA) – Get Tesla Inc Report shares jumped higher Monday after the clean-energy carmaker said it will ask shareholders to vote on a proposal that would enable the ...
Shanghai Enters Two-Stage Lockdown As China Scrambles To Contain Covid Surge
Topline The city of Shanghai on Monday entered a two-stage lockdown, China’s biggest in more than two years, as the country’s financial hub with a population of 26 million continued to report a growin...
China is shutting down Shanghai in two phases to control Covid
Health workers wearing protective gear as a measure against the Covid-19 coronavirus walk down a street in Jing’an district in Shanghai on March 26, 2022. Hector Retamal | Afp | Getty Images BEI...
Why Investing in China Keeps Getting Harder
China’s stock market has more than its share of intrigue of late. From fears over a former CEO’s sudden disappearance in the case of Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report...
China Violates The Philippines’ Sovereignty While Russia Distracts The U.S.
A protester holds a placard while others shout anti-China slogans during a protest against China’s … [+] presence in disputed waters in the South China Sea, in front of the Chinese consula...
Fresh Selloff in China Tech Stocks Sparked by Earnings Worries
(Bloomberg) — Chinese tech stocks slumped Friday amid continued concern about the sector’s earnings and the risk of local firms being kicked off American exchanges. Most Read from Bloomberg The ...
Traders in China Strike Rare Deal With Russia’s Rusal on Alumina
(Bloomberg) — United Co. Rusal International PJSC, the huge aluminum producer fighting blow-back from Russia’s war in Ukraine, is getting some help from traders in China to keep its smelters run...