Text size LI Auto via Weibo Shares of U.S.-listed Chinese electric-vehicle producers were tumbling again Monday, leaving shareholders reeling. A couple of issues seem to loom larger in investors’ mind...
Tag: China
Largest China Tech ETF in U.S. Wipes Out Nine Years of Gains
(Bloomberg) — The selloff in Chinese stocks has been so intense that it’s erased all the gains in the largest China tech exchange-traded fund in the U.S. since the debut in 2013. Most Read from ...
China Offers Cash Prizes in Latest Crypto Mining Clampdown
Chinese authorities are going to great lengths and trying unconventional methods to catch cryptocurrency mining operations it deems illegal. Recently, a digital contest that promises thousands of doll...
Vaccine maker stocks rise as China battles worst Covid outbreak since 2020
Health workers dressed in protective clothing give nucleic acid tests to men at a mass testing site to prevent COVID-19 on March 14, 2022 in Beijing, China. Kevin Frayer | Getty Images Shares of the m...
China ‘very vulnerable’ to omicron spread despite ‘zero-Covid policy’
Low levels of natural immunity are complicating China’s efforts to limit spread during its recent surge in cases of the new Covid omicron BA.2 subvariant, Dr. Scott Gottlieb told CNBC on Monday....
Sum Of All Fears
Key News Asian markets were mixed as India and Japan rose while China, Hong Kong, and the Philippines were off. The Hang Seng plunged -4.97%, driven by the sum of all fears as US ADR delisting risk du...
5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise with Russia-Ukraine war, Fed in focus A view of the New York Stock Exchange ...
Alibaba stock sinks toward 6-year low as China ADRs take another dive
The U.S.-listed shares of Alibaba Group Holding Ltd. BABA, -6.68% sank 4.6% toward a six-year low in premarket trading Monday, as the China-based e-commerce giant continues to suffer from a broad sell...
Tencent Stock Sinks on Report of Record Money-Laundering Fine
Text size Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Noel Celis/AFP via Getty Images Tencent Holdings dropped almost 10% after The Wall Street Journal report...
Chinese Education Sector Faces Testing Times Based On Fenbi’s Falling Valuation
Students preparing for the master’s entrance exam in Hainan. (Photo by Sheldon Cooper /SOPA … [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Almost a yea...
China E-Commerce Giant JD To Acquire Courier Company Deppon For $1.4 Billion
The JD.com Logistics booth attracts visitors at the China International Fair for Trade in Services … [+] 2021 National Convention Center on September 5, 2021 in Beijing, China. Du Jianpo/Costfot...
Is the Dollar in Danger?
The U.S. is sitting on top of a horizontal empire, capitalism’s self-organizing, incentive-based structure with its layers of value. It’s not the Marxist mush of “to each according to his needs.” You ...
‘The Batman’ Passes ‘Shang-Chi’ With $463 Million Worldwide Cume
Robert Pattinson in ‘The Batman’ Warner Bros. The Batman soared to the top for the second weekend (of what will be at least a three-weekend reign) in a row. The Matt Reeves-directed and Pe...
China Stands As A Reliable Partner Of Russia Amid U.S. Sanctions
Russia-Ukraine conflict is getting deeper day by day. Since the war broke out many countries with the USA have tried to punish Russia with multiple sanctions. The restrictions were an attempt to hit t...
China is the ‘key variable to watch,’ says strategist
Oil prices could hit $150 per barrel — but such an upward movement depends on how much crude China scoops up from Russia, according to one strategist. “The key variable to watch really is China,...
Lockdown In China, Positive Developments Among Russian And Ukraine: Threat Or Allurement In Crypto Sector?
China has announced the spiking Covid-19 cases and has alerted citizens to stay inside their homes, to stop further spread. As per the reports, another 397 cases of domestic transmission were discover...
China Doubles Yuan Trading Band for Ruble After Record Move
(Bloomberg) — China will double the yuan trading band for the ruble amid signs of distressed liquidity as banks back away from making markets. Most Read from Bloomberg The currency pair will be ...
Disney Forced To Face Activist Shareholder Inquiring About China
Tourists at Shanghai Disneyland after its reopening on May 11, 2020 in Shanghai, China. (Photo by Hu … [+] Chengwei/Getty Images) Getty Images Disney tried to kill it, but the Securities and Exc...
Local Investors Less Pessimistic, Week In Review
China Last Night KraneShares Week in Review Last weekend was the start of China’s dual sessions, from which China’s GDP growth target of 5.5% for 2022 was announced along with a slew of supportive eco...
Oracle, Uber, Pearson and others
Check out the companies making headlines before the bell: Oracle (ORCL) – The business software giant’s shares fell 2.3% in the premarket after its adjusted quarterly profit of $1.13 per share f...
China Tech Selloff Deepens as U.S. Delisting Fears Alarm Traders
(Bloomberg) — Chinese tech shares tumbled to a fresh low, tracking overnight weakness in their U.S. peers, as renewed regulatory concerns unnerved investors still reeling from wild price swings ...
US-Listed Chinese Companies React To Today’s HFCAA Announcement & Fading Optimisim On Ukraine Truce
China Last Night KraneShares Key News Asian equities followed US equities higher overnight on hopes for a peaceful resolution to the Ukraine crisis as oil prices plummeted. Worth noting that markets a...
JD.com Stock Falls After Earnings Top Estimates but Revenue Growth Slows
Text size A JD.com distribution center in Beijing. Greg Baker/AFP via Getty Images Shares of JD.com fell in premarket trading Thursday after the Chinese e-commerce giant reported fourth-quarter earnin...
Tesla’s China Sales Dropped. Tesla Stock Rose Anyway.
Text size Tesla delivered 56,515 vehicles from its Chinese plant in February. Sam Yeh /AFP via Getty Images Tesla sales from its plant in Shanghai fell in February from January, following the pattern ...
Intel’s Lagging Notebook Shipments Are ‘Yellow Flag,’ Analyst Says
Text size Intel Dreamstime Intel ’s notebook shipments may struggle in the near term, adding further pressure to a stock that has traded lower this year, according to analysts at Citi. Notebook shipme...