Alibaba-invested e-commerce firm Huitongda went public at the Hong Kong Stock Exchange today. … [+] Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP Alibaba-backed Huitongda Network r...
Tag: China
China Talks To France & Reports FDI Increase Of +11%
China Last Night KraneShares Key News Asian equities were mostly higher overnight following mixed performance in the US on Wednesday, though Japan, India, and the Philippines were off. It was a relati...
Billionaire Investor Charlie Munger Calls Crypto A ‘Disease’ And Praises China For Banning It
Topline Famed investor Charlie Munger, vice chairman at Berkshire Hathaway and longtime business partner of Warren Buffett, shared his investing thoughts at an annual address on Wednesday, in which he...
PBOC Gets The Green Light To Ease As Inflation Moderates
China Last Night KraneShares Key News Asian equities had a strong day except for India’s small decline on Russia/Ukraine de-escalation hopes. China and Hong Kong had a good day driven by declining Chi...
Alibaba stock rising on gains on China & Hong Kong policy easing: here is where to buy
Alibaba stock has been slowly regaining ground after declining since mid-October 2020. The stock has been affected by a myriad of events including pressure by the US governments on Chinese companies o...
Goldman, Bernstein, BlackRock are bullish on China stocks
A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus, February 3, 2020. Aly ...
PBOC’s Night Moves Lift Stocks
China Last Night KraneShares Key News Asian markets were decidedly mixed as investors debate whether Russia will invade as southern Asian markets outperformed versus northern Asian markets’ weakness. ...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
China Orders Partial Shutdown Of Industrial Hub After Omicron Cases Are Reported
Topline Chinese officials on Tuesday ordered a partial shutdown of the industrial city of Suzhou along with other pandemic measures after multiple infections with highly transmissible omicron variant ...
China’s Richest Auto Billionaire Eric Li Scores Super Bowl Ad Win
A Polestar 1 hybrid vehicle at the Washington Auto Show in Washington, D.C on Jan. 21. … [+] Photographer: Al Drago/Bloomberg © 2022 Bloomberg Finance LP China has made sports headlines around t...
Ukraine/Russia Tension Leads To Risk-Off Night In Asia
China Last Night KraneShares Key News It might be Valentine’s Day, but we got no love overnight as Asian equities were risk-off on Ukraine/Russia fears though Australia and the Philippines were outlie...
Nio stock falls after downbeat China auto sales data, Tesla shares also take a hit
Share of China-based electric vehicle maker Nio Inc. NIO, -4.93% sank 3.5% in premarket trading Monday, after data showing that China’s car sales fell for the eighth straight month in January. t...
India’s Unusual Rush To Sign Free Trade Deals
Piyush Goyal, commerce and industry minister, gestures during a press conference at the National … [+] Media Centre on February 1, 2019 in New Delhi, India. Vipin Kumar/Hindustan Times via Getty...
3 Wild Bets for Crypto in China in 2022
As China says goodbye to the Year of the Ox and welcomes the Year of the Tiger, crypto in China also enters an era of tough survival. After months of government crackdown, most projects have either m...
Will EU give in to the calls of a crypto ban like China
Governor Matolcsy of the Central Bank of Hungary has expressed support for the idea of a crypto ban in the EU. He noted in a statement, China declared all cryptocurrency activities illegal last Septem...
‘Jackass’ And ‘Moonfall’ Fall Hard On Friday
Jackass Forever Paramount In holdover news for Friday, Jackass Forever earned $2.875 million (-70%) on Friday, sadly proving itself to be a one-weekend wonder. We can expect an $8.12 million (-65%) se...
Top China Chipmaker Warns of Growing Shortfall as U.S. Decouples
(Bloomberg) — Manufacturers in China are increasingly looking to source chips locally because they fear the U.S. and other governments may prioritize domestic users of the semiconductors vital t...
‘Spider-Man’ Passes $750M Domestic As ‘Lake Changjin 2’ Tops $500M In China
Zendaya and Tom Holland in ‘Spider-Man No Way Home’ Sony and Marvel Spider-Man: No Way Home passed $750 million domestic as of a couple of days ago, with a current cume of $752 million as ...
Alibaba Earnings Are Coming. What to Expect.
A selloff in the technology sector and macroeconomic headwinds in China make Alibaba’s looming earnings report sure to be an interesting one. The Chinese e-commerce giant announced Friday that its fin...
Wuxi Biologics’ Decline & Global Growth To Value Rotation Continue, Week In Review
China Last Night KraneShares Week in Review A rumor that Alibaba’s registering of 1 billion new shares on Friday was linked to SoftBank selling its stake weighed on China internet stocks on Monday. So...
Alibaba Earnings Are Coming. Here’s When, What to Expect and 4 Numbers to Watch.
A selloff in the technology sector and macroeconomic headwinds in China make Alibaba’s looming earnings report sure to be an interesting one. The Chinese e-commerce giant announced Friday that its fin...
Visa had a monopoly on payments at the Olympics for 36 years. China put an end to that
Since 1986, Visa has served as the exclusive payment service provider for the Olympic Games, complimenting cash as one of the only two ways to pay for anything at official Olympic venues. If you’re at...
Here’s What Happened Between China Regulator And Alibaba, Tencent
Motley Fool Why Nvidia Stock Dropped, Popped, and Dropped Again Today After dropping steeply early Thursday morning, then recovering in the late morning, it’s afternoon now, and Nvidia (NASDAQ: ...
FDA committee votes against Eli Lilly cancer treatment over concerns trials conducted only in China
The outside of the Food and Drug Administration headquarters is seen in White Oak, Md. Al Drago | CQ Roll Call | Getty Images A Food and Drug Administration committee on Thursday recommended against f...
AstraZeneca reports Q4 results: ‘we’re facing challenges in China’
Shares of AstraZeneca plc (NASDAQ: AZN) are up 3.5% this morning on a significant YoY increase in Q4 revenue. Charges related to the Alexion acquisition, however, pushed it into a quarterly loss. Astr...
Contractors Poised To Cash In On China Threat Inflation
While the crisis over Russia and Ukraine has dominated recent discussions of U.S. foreign and military policies, it’s important to remember that the driving force behind the push for ever more Pentago...
MSCI Grabs GRAB, Seeks SE, And Loves LU
China Last Night KraneShares Key News Asia’s equity markets had a decent day as Northern Asia markets outperformed Southern Asia markets with a hint of the global growth/value rotation showing. A few ...