Newly-listed companies fall below their IPO price for multiple reasons. For one thing, current macroeconomic conditions aren’t helping Uber. The U.S. increased tariffs on China Friday as the latest … ( read original story …)
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China tariff retaliation clobbers U.S. stocks
China announced Monday it would impose tariffs on $60 billion … in Chinese imports Monday is ride-hail company’s first full day of trading after a rough IPO last Friday that saw rare stock price ……
Uber Extends Decline as Investor Skepticism Deepens After IPO
The IPO also comes as investors shy away from riskier assets given U.S.-China trade tensions, said the analyst, who has an outperform rating on Uber and sees the stock reaching $65 in the next year.…
China slaps tariffs on $60 billion in U.S. goods
US-China trade war: “Both sides will suffer” China has announced … in Chinese imports Monday is ride-hail company’s first full day of trading after a rough IPO last Friday that saw rare stock price ……
Why Uber may still be worth $100 billion-plus even after its embarrassing IPO
By the time the market closed, Uber’s stock had nosedived 7.6% from its IPO price to $41.57 … and general investor nervousness on the U.S./China [trade war], risk-off worries in this … ( read original…
Uber’s hyped-up IPO hits a few potholes on its first day
Uber’s IPO price was lower than initially expected … Jitters about an intensifying U.S. trade war with China also contributed. Stocks were down sharply Friday morning after the two countries failed … ( read original…
Stocks sink again as China retaliates on tariffs
Futures pointed to an almost 500-point fall at the open for the Dow Jones Industrial Average index, with Apple Inc down 3.8 per cent and chipmakers and manufacturers exposed to China taking a hit. (…
China pushes back at U.S. tariffs with new 25% levy of its own
Regulators have started targeting American companies in China by slowing down customs clearance for shipments and issuance of business licences. Officials appeared to be studying the potential impact … ( read original story …)
Foreign fast fashion brands face falling sales in China
A Forever 21 store in Shanghai. Photo: Xie Jun/GT A growing number of foreign fast fashion brands that used to fill the wardrobes of young Chinese have been going out of style. On Thursday afternoon,…
Acorn International Signs Agreement with China Partner to Deliver Western Content and Brands for Large-Scale Arts and Culture Project in China
Acorn’s Acorn Entertainment division to collaborate with China partner under the guidance of the Cultural Department of Zhejiang Province SHANGHAI, May 13, 2019 /PRNewswire/ — Acorn International … ( read original story …)
Chinese brand Moutai launches in Tanzania as Pinda calls for more investments
He said national brands such as Hitachi, Panasonic, Coca-Cola, and Renmao began to advertise and promote their business cultures in mainland China. To-date, the companies have not only changed Chinese … ( read original story…
Top 10 Most Valuable Brands in Tourism Industry, Chinese brands climb the rankings
The fastest-growing brand in the ranking also comes from China. Happy Valley almost doubled its brand value in a single year (up 97% to US$2.0 billion). Savio D’Souza, Valuation Director at Bran … ( read…
China auto sales slump continues in April
Sales fell to 1.98 million last month, according to figures from the China Association of Automobile Manufacturers (CAAM). Fuelled by rising incomes and government sales incentives, China in … ( read original story …)
