(NASDAQ:BIDU) stock with a price target of $200, noting that the long-term view on the firm was unchanged despite near-term China uncertainties. At the end of the first quarter of 2022, 47 hedge funds …
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Germany slips behind China as top importer of Russian energy
China has overtaken Germany as the biggest buyer of Russian energy exports since the start of the war in Ukraine, an independent research group said Monday. The Centre for Research on Energy and Clean …
U.S. might ease China tariffs in the wake of record high inflation
The consumers and the investors both need respite from inflation and to avert the danger of recession. The U.S. should stop its trade war for political gains.
MicroStrategy Leads Selloff in Crypto Stocks as Bitcoin Unravels
Cryptocurrency-related stocks plunged in premarket trading Monday as Bitcoin tumbled to its lowest level in 18 months amid a deepening selloff in risk assets and after a crypto lender halted …
For young Africans, China is more influential than the US: Survey
A survey conducted by the Ichikowitz Family Foundation found that 76% of 4,507 young Africans across 15 countries named China as a foreign power with a positive influence on their lives …
China sales fall in May
Vehicle sales were held back by a second consecutive month of strict lockdowns. China’s new vehicle market fell by a further 13% to 1,862,000 units in May 2022 from 2,128,000 units in the same month…
IPOs in Mainland China Jump as Global Issuance Plummets
New listings in China are breaking records even as turbulent markets cast a pall over the global initial public offering business.
Inner Mongolia’s closure of crypto mine operations slows since September
Inner Mongolia has closed 49 cryptocurrency mining farms in total, but only four since September, according to the Inner Mongolia Daily, indicating either the process has been successful or the …
Crypto Lender Celsius Freezes Withdrawals, Fuels Market Rout
Celsius Network Ltd. paused withdrawals, swaps and transfers on its platform, fueling a broader market selloff as traders continued to question the sustainability of high-yielding crypto products in …
China says it will ‘fight to the very end’ to stop Taiwanese independence
“If anyone dares to secede Taiwan from China, we will not hesitate to fight,” said Chinese Defense Minister Wei Fenghe.
China’s Sai Microelectronics Surges as Trial Production of New MEMS Wafers Kicks Off
Shares of Sai Microelectronics surged after the Chinese semiconductor manufacturer said the production of its new type of micro-electromechanical systems that its affiliate made for a client had been …
China’s frozen French fries export surges, filling global market gap amid pandemic
Officers from Customs of Ulanqab checking frozen French fries for exporting Photo: Courtesy of Customs of Ulanqab. Customs of Ualnqab City, North China’s Inner Mongolia Autonomous …
Audiowell Electronics (Guangdong)’s IPO to debut on Beijing Stock Exchange
Audiowell Electronics (Guangdong) (832491) to start trading on the Beijing Stock Exchange Jun 14, tomorrow. The firm has issued 36.00 mln shares priced at RMB 11 per share raising RMB 396 mln. Its …
