Chinese tech stocks plunged for a third day as investor fears mounted over a broadening regulatory crackdown, with shares of Tencent falling the most in a decade after the internet group halted …
Featured Posts Title
Belgium’s arrest of Chinese alleged chip-tech thief fuels European fear of Beijing
Beijing expands funding tools to support food security, rural modernization
Speech in China is in the deep freeze
China says it will pump $54 billion into banks and insurers — but their stocks still fell
Asia-Pacific Media Forum opens in Shenzhen, building a bridge of understanding and coexistence through media
Rare Beijing spy series highlights real-life intelligence drama with Taiwan
Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins
Recent Posts
FirstFT: China regulation fears hit Tencent shares
Apple’s China Revenue Rises 58%
Apple’s sales in China rose 58% to $14.76 billion compared with the April-to-June period a year earlier, when the pandemic depressed sales. The latest June quarter was down slightly from the …
Starbucks earnings beat, fueled by strong U.S. cold beverage sales, but its shares drop on weak China outlook
Starbucks topped Wall Street’s estimates for its fiscal third-quarter earnings and revenue. The company also raised its forecast for fiscal 2021 earnings per share, despite also predicting slowing …
Foreign journalists harassed covering China floods, correspondents’ club says
Journalists from several media outlets covering recent floods in China were harassed online and by local residents, with staff from the BBC and Los Angeles Times receiving death threats, according to …
Why The U.S. Wants China To Stop Importing Iranian Crude
In an attempt to increase pressure on Iran in order to push through a nuclear deal with Iran, the U.S. is considering cracking down on Iranian oil exports to China …
U.S., China and Digital Channel Boost Moncler Profits, Sales in First Half
Moncler, which consolidated the Stone Island business in April, returned in the black in the first half of the year.
Wall Street’s IPO Fee Machine Under Threat Post-China Clampdown
China’s regulatory crackdown threatens to reverse a surge in underwriting fees for U.S. investment banks like Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley.
Chinese EV makers plunge as investors watch Beijing’s regulatory squeeze tighten across industries
China’s increased scrutiny on certain businesses began late 2020 following the abrupt cancellation of Ant Group’s IPO. A clampdown … hard in recent days. Beijing’s crackdowns on its technology …
Beijing Crackdown Breathes New Life Into ‘America First’ Trade
There’s been a growing sense in some Wall Street circles that the “America First” trade was just about played out in the stock market. After all, U.S. equities had become markedly more expensive than …
International investor concerns mount over China’s tech rout
International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China’s top tech stocks and began to seep into currency and debt markets.
China to Revise Population Law to Reverse Birthrate Decline
Lawmakers plan to clear remaining legal barriers to encourage couples to have more children, as the country faces another year of fewer births.
Bank of China joins BancNet
Bank of China has ramped up its digital payments transformation journey through a partnership with interbank network operator BancNet to broaden the network of its clients and lower costs amid the …
Why the U.S. and Europe trail China in central bank currency race
Western central banks trying to develop sovereign cryptocurrency models face pushback from lawmakers and other obstacles, while the digital yuan has a much clearer path.
