China last night crane main news Asian stocks were a sea of red, except for China and Hong Kong, where the growth/equity sectors rebounded and outperformed the value/equity sectors. China and Hong Kong both had choppy sessions with a rally late in the day led by Chinese national team gossip that bought the dip and … Read more
Analysts said China’s smartphone market could decline in the second quarter as the country sees a resurgence of virus cases. But analysts said Apple could do well as it continues to attract users in the high-end market. Future Publishing | Future Publishing | Getty Images Analysts told CNBC that China’s recent surge in Covid cases … Read more
China last night crane main news On Saturday night, the China Securities Regulatory Commission (CSRC), the China Securities and Exchange Commission (SEC), “issued a notice on the public’s solicitation for comments on ‘Provisions for Strengthening Secrecy and Archival Management Work Related to Overseas Issuance and Listing of Securities by Domestic Companies.’” Followed The release of … Read more
China last night crane main news On Saturday night, the China Securities Regulatory Commission (CSRC), the China Securities and Exchange Commission (SEC), “issued a notice on the public’s solicitation for comments on ‘Provisions for Strengthening Secrecy and Archival Management Work Related to Overseas Issuance and Listing of Securities by Domestic Companies.’” Followed The release of … Read more
font size Digital sign for Hong Kong stock market information. More regulations imposed on Chinese internet companies may constrain their growth prospects. Isaac Lawrence/AFP via Getty Images Concern about more Chinese regulations that could constrain corporate growth prospects is hovering over Chinese internet stocks — and provides reason for continued caution for bargain hunters. China’s … Read more
China last night crane main news Asian stocks had a solid day in Ukraine peace talks in Turkey while China stalled but not significantly. Hang Seng rose 1.12% led by internet stocks in Hong Kong with Hang Seng Tech up 2.52% as Meituan added another +5.78% after its fourth quarter financial results after Hong Kong … Read more
China last night crane main news Asian stocks were mixed with the Hang Seng outperforming, rising +1.31% led by Internet stocks with Hang Seng TECH up +2.62%. Meituan (3690 HK) stock jumped +11.56% after reporting better-than-expected financial results after the Hong Kong close on Friday. Meituan’s unsupported ADR with MPNGY down -0.35% during US trading … Read more
Investors are not happy. Private equity firm Sycamore Partners and department store chain Hudson’s Bay have submitted separate bids for the company, indicating that they see more value in Kohl’s under private ownership than in the market. But Kohl’s head of technology and supply chain Paul Gaffney believes technology could play an important role in … Read more
In this mobile phone photo released by Xinhua, a piece of the wreckage of China Eastern Flight MU 5735 is seen after it crashed into a mountain in Tengxian County, south China’s Guangxi Zhuang Autonomous Region on Monday, March 21, 2022. Xinhua via AP A China Eastern Airlines Boeing 737-800 with 132 people on board … Read more
Russian President Vladimir Putin and Chinese President Xi Jinping are pictured as they meet in Beijing, on February 4, 2022. Alexey Druzhinin | AFP | Getty Images As Russia’s war on Ukraine continues, Moscow has sought to tighten its grip on the domestic internet, cutting off apps made by American tech giants, even as other … Read more