Chinese computer-driven “quant” hedge funds suffered heavy losses in the first half of the year, underperforming traditional stocks strategies at home and other popular global fund strategies, data …
Tagged By business
Foxconn to invest $138 million for new business headquarters in China
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to construct a new business …
Trump 2.0 could go ‘nuclear’ on China trade, while economists say Harris would remain tough
Economists and trade experts largely expect Trump would further cut and destabilize trade relations between the world’s two largest economies.
Kenya imports from China up 12 percent in six months
China is by far the largest exporter of goods to Kenya and is a major source of electronics, clothes, beauty products, steel, furniture, equipment, and machinery.
Foxconn to Invest 1 Billion Yuan for New Business Headquarters in China
BEIJING (Reuters) – Taiwan’s Foxconn plans to invest 1 billion yuan ($137.5 million)to construct a new business headquarters in Zhengzhou, China, according to a statement on Wednesday.
China’s Threat to Ban Critical Mineral Exports Is Not a Bluff
The U.S. government and U.S. companies should recognize that China’s threat to ban exports of critical minerals is not a bluff—and take the threat seriously by stockpiling minerals, developing mineral supply chains excluding Chinese companies,…
Chinese self-driving start-ups pursue IPOs in Hong Kong as commercial roll-out gathers pace
Liu said. Since last year, Beijing’s green light for Chinese companies to go public overseas, combined with Hong Kong’s supportive Chapter 18C listing regime, have prompted more mainland tech …
China Squeezes Taiwan by Targeting Islands and Fishing Sites
Taiwanese fisherman Chen Zhi-rong says that for decades it was common to sail in waters that skirted the Chinese coastline. Since Beijing seized a boat and its crew for the first time in 17 years…
Collapse of China’s Real Estate: How State-Owned Banks and Government Policies Are Shaking Up Everything
However, primarily, real estate firms frequently face bankruptcy. In August 2023, Country Garden, known as China’s top real estate company in 2022, went bankrupt. At that time, Chinese media was …
China Expanding ‘Increasingly Brazen’ Influence Operations In The US And Beyond, Gov’t Report Warns
The Chinese Communist Party’s (CCP) efforts to accrue and exercise influence in foreign countries including the U.S. are becoming more …
China’s non-financial debt growth slows with firms and households unwilling to leverage up
Growth of outstanding debt within China’s non-financial sectors fell to the lowest level in more than two decades in the second quarter.
GM Stock Falls Despite Earnings Beat; Auto Giant To Restructure Ailing China Business
The auto giant will revamp its money-losing China and autonomous driving effort. GM stock tumbled after initially jumping before the open to a two-year high. Ford Motor, which reports Wednesday night, …
Louis Vuitton Owner LVMH Misses Revenue Expectations After Fall in China Sales
The result compares with analysts’ forecasts of €42.22 billion, according to a poll of estimates compiled by Visible Alpha.
