(Bloomberg) — Jonathan Garner is a notable holdout in a market where an increasing number of strategists have turned bullish on Chinese stocks. Most Read from Bloomberg Having warned about valua...
Tag: China
China zero-Covid lockdowns, CNY holiday impact supply chains, ports
Streets in Tianjin, China, empty out on Jan. 10, 2022, as the city enters partial lockdown following a spike in omicron cases. Geno Hou | Future Publishing | Getty Images Covid lockdowns, quarantines ...
Pharmaron Beijing Says Profit Rose Amid U.S., UK Expansion
Pharmaron Beijing’s shares trade in Hong Kong and Shenzhen. Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP Pharmaron Beijing, a China-based pharmaceutical research services company ...
‘Spider-Man’ Tops ‘Jurassic World’ And Nears $1.7 Billion
Tom Holland in Spider-Man No Way Home Sony Sony and Marvel’s Spider-Man: No Way Home topped the box office yet again in this unfortunately empty post-holiday frame, earning a robust $14.125 million fo...
Lithuanian exports nearly obliterated from China market amid Taiwan row
Lithuania’s exports to China suffered a near-total collapse in December, amid a blazing row over the Baltic state’s support for Taiwan. Chinese government customs data released on Thursday...
CasperLabs to become blockchain of choice for the city of Fuzhou, China
On Friday, CasperLabs, a blockchain software firm, announced a partnership with China’s Blockchain-based Service Network (BSN). Through the agreement, which has been minted as a nonfungible toke...
A Resilient Supply Chain For Domestic Car Makers
Robots move auto glass on a manufacturing line at the Fuyao Glass America production facility in … [+] Moraine, Ohio. Photographer: Ty Wright/Bloomberg © 2016 Bloomberg Finance LP Fuyao Glass Am...
China’s Birth Rate Not A Problem For Economy–Now
Chinese nurse takes care of newborn babies. (Photo by Gong Bo/VCG via Getty Images) VCG via Getty Images China’s birth rate continues to fall. “Last year’s 10.62 million births, down from 12.02 millio...
U.S. Cancels 44 Chinese Airline Flights In Retaliation For China’s Suspension Of Service By U.S. Carriers
Topline The U.S. Department of Transportation is suspending 44 flights from the United States to China by four Chinese airlines, it said Friday, in retaliation for Beijing canceling the same number of...
Hong Kong Stocks Become An Oasis Of Green In A Sea Of Red, Week In Review
China Last Night KraneShares Week In Review China reported Monday that the country’s GDP grew at a better than expected +8% in 2021, though Q4 GDP disappointed at only +4%. Monetary policy easing was ...
House Lawmakers Are Latest To Criticize Tesla For Opening Showroom In China’s Xinjiang Region
Topline Two House Democrats on Wednesday accused Tesla of enabling “gross human rights violations” by opening a car showroom in China’s Xinjiang region, an area where widely reported human rights abus...
China: e-CNY final preparations underway ahead of Winter Olympics curtain lifter
China is nearing its e-CNY official debut when the Winter Olympics commences on 4 February, 2022. Latest before the debut In an announcement dated 19 January, the People’s Bank of China expanded on th...
PBOC Cuts Loan Prime Rate, Hong Kong Outperforms
China Last Night KraneShares Key News Asian equities had a mixed day as Hong Kong and Japan outperformed and India underperformed. Remember Hong Kong internet outperforming and India underperforming i...
Alibaba Stock and JD.com Are Outperforming Apple and Tesla. Here’s Why.
Text size Shares in Chinese tech giants Alibaba and JD.com are rising after China cut rates. Alain Jocard/AFP via Getty Images It’s a good day for Chinese tech stocks. While the wider U.S.-listed tech...
China Orders Entertainment and Tech Firms to Stay in Their Lane
Chinese regulators teamed up on Wednesday to issue a volley of orders that will crimp the expansion of the country’s entertainment and tech giants, including Alibaba, Tencent and TikTok-owner Bytedanc...
China Raises More Regulatory Hurdles For Alibaba, Other Chinese Tech Giants
TipRanks Another Day, Another Downward Revision for Alibaba Stock There’s a new sport on Wall Street called “lowering the estimates for Alibaba (BABA).” Anyone can participate and it looks like everyo...
Monetary Easing Gains Momentum, Hong Kong Internet Holds Up
China Last Night KraneShares Key News Asian equities were a sea of red, except for the small gains by Hong Kong and Singapore. Japan was off -2% as Sony was smoked -12.79% post-Microsoft/Activision an...
Digital RMB Wallet Reaches 20% Adoption in China Ahead of Winter Olympic Trial
About 261 million digital wallets for China’s digital RMB digital currency have been set up, according to state media reports. The asset is set to be used in the upcoming 2022 Winter Olympics in Beiji...
How Big Is Walmart’s China Problem?
It’s not all smiles anymore for Walmart in China these days. (Photo by China Photos/Getty Images) Getty Images Walmart WMT is used to being a bit of a whipping boy in the American market, the la...
What About All The Waste?
Recycling trashcan with solar panel, 3D rendering isolated on white background getty By Rachel A. Meidl, Mathilde Saada With the pressures of climate change and the urgency to incorporate alternative ...
Shanghai Stocks Rise as China Loosens, Bitcoin Unmoved – Trustnodes
Stocks rose in China by about 1% even as red greets most global markets after their central bank, PBOC, lowered interest rates on a short term lending facility. China’s central bank said it will cut t...
China Now Has Company In Showing Japan Who’s Boss
Fumio Kishida attends a debate ahead of the Liberal Democratic Party’s (LDP) leadership election on … [+] September 12, 2020 in Tokyo, Japan. Charly Triballeau – Pool/Getty Images Ja...
Chamath Palihapitiya says ‘nobody cares’ about Uyghur genocide in China
Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a re...
ESW Survey Finds Gen Z And Millennials Loathe To Return Unwanted Products
An ESW survey found that Gen Z Millennials don’t return products that don’t fit or are the wrong … [+] color, and other reasons. Courtesy of ESW Consumers in 2020 returned products w...
Chinese yuan under pressure from medium-term loans cut: Strategist
Banknotes of Renminbi arranged for photography on July 3 2018 in Hong Kong. S3studio | Getty Images News | Getty Images China’s central bank unexpectedly cut loan rates on Monday — a move that w...
AUD/USD forecast after the strong China GDP data
The AUD/USD price tilted higher after the strong China GDP numbers. The pair is trading at 0.7200, which is about 0.15% above the lowest level last week. China GDP numbers Australia and China have a c...
China’s zero-Covid policy prolongs supply chain disruptions
Supply chain disruptions are being prolonged driven largely by China’s strict zero-Covid policy, according to an economist from Moody’s Analytics. The bottlenecks have lasted for about a y...
‘Matrix 4’ And ‘Encanto’ Bomb In China As ‘Sing 2’ Enters 2021 Top Ten
‘Sing 2’ Universal In weekend box office news not related to Scream or Spider-Man: No Way Home, Universal and Illumination’s Sing 2 continues to be the Tomorrow Never Dies to Spider-Man: N...
China Home Market Slump Deepens as Prices Fall for Fourth Month
(Bloomberg) — China’s home prices fell for a fourth consecutive month in December, as the credit crunch in the property sector showed little sign of easing. Most Read from Bloomberg New home pri...