A third-straight day of losses across Asia stock markets amid Chinese regulatory crackdown. Plus: The most senior Roman Catholic official at the Vatican has gone on trial charged with financial crimes …
Tagged By banking
Glavin: Beijing poised to size the climate change agenda — and everyone will pay the price
After having ransacked the economies of the world’s liberal democracies and wrecked what is still quaintly called the “rules-based international order,” Xi Jinping’s police state in Beijing has now …
China’s Big Tech crackdown is about protecting the Communist Party
China is relentlessly cracking down on tech giants ranging from ride-sharing firm Didi ( DIDI) to internet giant Tencent and Alibaba ( BABA) affiliate Ant Financial Group. Along the way, billions of …
Small-time traders turn ‘dip buyers’ in China share selloff
Small-time traders have been jumping in to buy stocks discarded by big investors during the selloff triggered by China’s regulatory crackdown, research showed on Wednesday.
For US investors, Washington and Beijing regulations become a primary risk for Chinese shares
China’s financial watchdog has ramped up scrutiny of the country’s biggest tech firms even as US has sought to de-list Chinese companies from US capital markets.
WiMi Wins “2021 Best Growth Value” Award at the 10th Annual China Finance Summit
WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Company”), a leading Hologram Augmented Reality (“AR”) Technology provider, today announced that it has won the “2021 Best Growth Value” award …
Markets Worry China Is Going Communist!
A tough regulatory approach by the Chinese government to social media and education companies has plunged the Chinese market into bear territory, will there be contagion to Wall St?
China Triggers $1 Trillion Market Meltdown, And It’s Just Getting Started
The more China takes out the billionaire founders innovating and creating new good-paying jobs, the harder it might be for a state-heavy economy to narrow the rich-poor divide on its own.
China urges insurers to increase offerings for natural disaster coverage
China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public …
Chinese stocks have long been the darlings of Wall Street. But they’re built on a financial house of cards.
Chinese companies listed on US markets are using two loopholes — one in Beijing and one in Washington — to evade oversight both at home and abroad.
China’s Escalating Property Curbs Point to Xi’s New Priority
After a years-long campaign to tame property prices, China is upping the ante to break a stubborn cycle of gains that’s made homes increasingly unaffordable.In recent days, China jacked up mortgage …
China Bond Bulls Unfazed as Growing Crackdowns Spook Markets
While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.Risk aversion swept the country and spread …
Tencent, Meituan Dumped by China Traders Who Used to Buy on Dips
Chinese investors are turning against the nation’s technology giants, removing a pillar of support that helped the sector through previous market routs.Mainlanders have sold a net HK$33 billion ($4.2 …
