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 …
Tagged By finance
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 …
Beijing’s Big Tech Crackdown Means a Bad Summer for Investors Everywhere
Beijing’s continuing crackdown on Big Tech will have ramifications around the world. It’s going to be a bumpy ride.
China sets yuan midpoint at weakest in over 3 months
China’s central bank on Wednesday dragged its official yuan midpoint to the weakest level in more than three months to reflect broad weakness in the spot market a day earlier following a sharp …
IMAX China Reports Half-Year 2021 Financial Results
IMAX China delivered a strong revenue rebound to US$53.4 million for the first half of 2021, up from US$6.7 million a year ago, including technology sales and maintenance revenue of US$31.7 million, …
China Bond Bulls Unfazed by Xi’s Crackdown on Capital 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 …
China Shares May Open Under Continued Pressure
The China stock market has finished lower in three straight sessions, plummeting more than 190 points or 5.5 percent in that span. The Shanghai Composite Index now rests just above the 3,380-point …
