Topline All 132 passengers and crew on board the China Eastern Airlines flight that crashed in Guangxi province Monday have died, Chinese state media quoted an official from the Civil Aviation Adminis...
Tag: China
Here’s how China is still leading the crypto race with its latest hiring spree
The highly anticipated Beijing Winter Olympics have come and gone, and the soft launch of China’s CBDC, the e-CNY, had a very frosty reception at the event marked by international boycotts. That being...
China Real Estate Developer Guangzhou R&F Sees “Not Less Than” $1.2 Billion Loss In 2021
A cement tower with a Chinese corporate logo next to the residential and leisure complex being … [+] developed by Guangzhou R&F Properties Co. and constructed by Multiplex, at Nine Elms in L...
Nio And Meituan Under Pressure As Investors Ask “Where’s The Beef?”, Week In Review
China Last Night KraneShares Week in Review Asian equities saw choppy trading this week as geopolitics and higher commodity prices continued to present risks and growth/internet stocks saw some pressu...
Bed, Bath & Beyond, Nio, Honest Company and others
Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s rep...
Successful In China, U.S. Accountant Looks To Southeast Asia For New Growth
Southeast Asia offers good growth prospects for global investors, says Drew Bernstein, co-chairman … [+] of New York-headquartered MBP. The accounting firm plans to open an office in Singapore i...
China Sees ‘Unprecedented’ Capital Outflow Since War, IIF Says
(Bloomberg) — China has seen investors pull money out of the country on an “unprecedented” scale since Russia invaded Ukraine in late February, marking a “very unusual” shift in global capital f...
China Is Quietly Taking Cheap Russian Crude as India Buys More
(Bloomberg) — China’s oil refiners are discreetly purchasing cheap Russian crude as the nation’s supply continues to seep into the market. Most Read from Bloomberg Unlike India’s state-run oil r...
Trip.com Beats Expectations Following Tencent’s Tumble
China Last Night KraneShares Key News Asian equities were mixed overnight after a choppy US equity session yesterday in advance of NATO talks on Ukraine. The US reinstated tariff exemptions on 352 Chi...
Billionaire Pony Ma Vows Long-Term Growth For Tencent Amid China Tech Crackdown
Ma Huateng, chairman of Tencent Holdings Ltd.(Photo by Justin Chin/Bloomberg) © 2019 Bloomberg Finance LP Pony Ma, the billionaire co-founder of Chinese web giant Tencent, has vowed to reposition his ...
Omicron ‘stealth’ variant BA.2 is spreading rapidly in China
People line up for nucleic acid testing at a temporary Covid-19 testing site on March 22, 2022 in Shenzhen, Guangdong Province of China. Vcg | Visual China Group | Getty Images BEIJING — As mainland C...
China’s Trip.com Posts $131 Mln Loss In 4th Quarter As Pandemic Drags On
Workers control access into a closed off community on Sunday, March 13, 2022, in Beijing. New … [+] coronavirus cases have created a drag on the country’s travel industry. (AP Photo/Ng Han...
China raided another crypto mine worth $790k
China-close to launching its own CBDC. Jieyang City raided another center inside their province and confiscated 916 pieces of mining equipment as part of their anti-virtual currency mining campaign. G...
Tencent Reports Q4 Financial Results With An Eye To The Future
China Last Night KraneShares Tencent Q4 Earnings Overview Tencent reported Q4 financial results after the Hong Kong close. 2021 was described as a “challenging year” while the industry is going throug...
Black box found from Boeing passenger jet that crashed in China: State media
Paramilitary police officers conduct a search at the site of a China Eastern Airlines plane crash in March 2022 in Tengxian county, Wuzhou city, in China’s southern Guangxi region. AFP | Getty I...
China Auto Billionaire’s Geely Sees No End To Chip Shortage That Cut ’21 Profit
Li Shufu, chairman of Zhejiang Geely Holding Group. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, the China automaker controlled by billionaire Li Shufu, sa...
ACGA discusses outlook for U.S.-listed Chinese firms
The delisting of U.S.-listed Chinese stocks may come in the next two to three years, according to Jamie Allen of the Asian Corporate Governance Association. “There doesn’t seem to be a hug...
Hedge Fund Up 3,000% in Five Years Can’t Buy Enough China Stocks
(Bloomberg) — Just as worries from the fallout of Russia’s invasion of Ukraine and surging Covid cases pummel Chinese stocks, a local hedge fund that jumped almost 30 times over the past five ye...
Volvo’s parent company establishes blockchain joint venture headquarters in Wuxi, China
On Tuesday, privacy blockchain Concordium and Geely Holding, a Chinese multinational automotive car company that owns brands such as Volvo, announced the creation of a joint blockchain venture with he...
Alibaba Buys Back Big, Reuters Reports US-Listed Companies Preparing For PCAOB Review
China Last Night KraneShares Key News Asian equities were largely higher despite the US’ Fed Chair driven downdraft led by Hong Kong, Japan and India. Alibaba (BABA US, 9988 HK) announced it would inc...
Elon Musk Hails ‘Great Day’ As Tesla Delivers Maiden Berlin-Made EV
Updated at 11:27 am EST Tesla (TSLA) – Get Tesla Inc Report shares extended their longest winning streak since last November Tuesday as the carmaker delivered the first-ever Model Y sedan made ...
Xiaomi, World’s No. 3 Smartphone Maker, Says Global Sales Jumped As Profit Dropped In 4th Quarter
Xiaomi is one of the world’s biggest smartphone brands yet has limited presence in the U.S. market. … [+] Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Xiaomi isn’t in the...
Nike recovers in China, potential good omen for retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of hope for Nike in China...
Boeing Stock: What Wall Street Is Saying After the China Plane Crash
Text size The Boeing logo Scott Olson/Getty Images A China Eastern Airlines 737-800 tragically crashed Monday, sending shares of Boeing lower. Wall Street is hopeful that Monday’s crash wasn’t a MAX-l...
China Owes Federal Reserve For Saving 5.5% Growth Target
Xi Jinping greets the media at the Great Hall of the People on November 15, 2012 in Beijing, China. Feng Li/Getty Images As Jerome Powell threatens to pick up the pace of tightening, Xi Jinping’s Chin...
China plane crash ‘unprecedented’ given good safety record: Analyst
For an aircraft like China Eastern‘s Boeing 737-800 to crash in midflight is “simply unprecedented,” said one aviation analyst who cited the plane’s excellent safety record. &#...
Starbucks Stock Has Gotten Crushed. This Analyst Says It’s Time to Buy.
Text size Starbucks stock still looks good for the long haul, Jefferies says. Scott Olson/Getty Images Starbucks stock is off roughly 25% year to date, but Jefferies argues that the market has it wron...