E-commerce giants Alibaba and Tencent climbed on Friday despite reports the Chinese government is working to take so-called ‘golden shares’ in units of both companies. State-run investment funds have...
Tag: Weibo
Chinese Tourism Stocks Rally
China Last Night KraneShares Key News Asian equities were mixed overnight on light volumes. COVID’s spread in China is garnering more attention than I would have thought from Western media. 100%...
PCAOB Announcement – Complete Access To Inspect And Investigate Chinese Firms
China Last Night KraneShares Key News In big breaking news, the PCAOB announced that it has secured complete access to inspect and investigate Chinese firms for the first time in history. This could b...
Weibo Earnings Negate Investor Pessimism
China Last Night KraneShares Key News Asian equities were mixed overnight following the lackluster performance on Wall Street yesterday. Internet stocks were clipped after strong performance yesterday...
Buyback Bonanza As Regulators Talk About Talking
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...
“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...
Investors Ask “Where’s The Stimulus?”
China Last Night KraneShares Key News Northern Asia equity markets were largely off aside from Taiwan’s small gain. South Asia and India performed well as the Philippines outperformed. The Hang Seng I...
Alibaba Chairman Daniel Zhang Exits Second Board In Two Weeks
Alibaba Group Chairman Daniel Zhang. Photographer: Jason Alden/Bloomberg © 2020 Bloomberg Finance LP Less than two weeks after leaving the board of directors at troubled Beijing ride-sharing app Didi ...
Growth Outperforms In Hong Kong While Value Outperforms In China
China Last Night KraneShares Key News Asian equity markets were off overnight despite the Nasdaq’s impressive intraday reversal as Japan came back from holiday with a thud while India, Malaysia, and T...
Tencent Sets Sail To Some Sea Shares
China Last Night KraneShares Key News Asia equities were largely higher as Japan, Australia, Taiwan, and India outperformed. The Hang Seng bounced around the room, managing a +0.06% gain as volume inc...