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1 min read
Alibaba soars 10% as Chinese tech stocks rally after Beijing signals it will pause crackdown on the sector and bolster economic growth
The rally was set off in the wake of a meeting by China's economic planning committee, the Politbur…
Carla Mozée
1 min read
US regulators reportedly are in China for talks about corporate audits as more than 100 companies face stock delistings
A larger team of US auditing regulators may go to China this year to conduct on-site inspections of…
Carla Mozée
1 min read
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months o…
Carla Mozée
1 min read
DiDi sinks 22% as the China ride-hail giant plans to hold vote on potential delisting of US shares
DiDi will hold a shareholders' vote on the delisting of its NYSE-listed shares in May. The company …
Carla Mozée
2 mins read
Hong Kong stocks leap as Alibaba, Tencent, and Meituan rocket over 20% after China pledges to keep markets stable
Chinese Vice Premier Liu He promised policies that would boost financial markets and spur economic …
Shalini Nagarajan
2 mins read
US-listed Chinese stocks crash to their lowest point in more than a year as Beijing ramps up its crackdown on corporations
A broad index tracking US-listed Chinese stocks has lost 30% of its value this year alone.
Carla Mozée
1 min read
China mulls requiring US IPO hopefuls to hand over their data amid a crack down on overseas listings, report says
The proposed plan comes amid Beijing's growing concerns that listing overseas will force Chinese fi…
Isabelle Lee
1 min read
Beijing will establish a stock exchange focused on smaller businesses, says China's President Xi
The new stock exchange will focus on small- and medium-sized enterprises that are innovation-orient…
Carla Mozée
2 mins read
'Shark Tank' investor Kevin O'Leary says the rout in Chinese tech stocks like Alibaba is a good buying opportunity
The "Shark Tank" investor said he added Tencent, Alibaba and Meituan to his portfolio despite the r…
Insider Inc.
1 min read
Didi climbs following report Beijing's city government is seeking control of the ride-hailing company
Municipal investment in the ride-hailing app would give state-run firms control of Didi.
Carla Mozée
2 mins read
3 Chinese telecom carriers will be delisted from NYSE after losing appeals over a Trump-era investment rule
The major telecom carriers all said they expect the NYSE to request permission from the SEC to deli…
Isabelle Lee
1 min read
Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO
Regulators were looking at a range of penalties. Measures could include forcing the company to deli…
Isabelle Lee
3 mins read
3 reasons to stick with Chinese stocks even as they are battered by regulation, according to Allianz
Investors in Chinese stocks have historically been rewarded with long-term outperformance, said All…
Carla Mozée
2 mins read
Alibaba jumps 12% as China approves new video games in a further sign Beijing is easing its tech crackdown
China reportedly approved 60 online video games, the most in nearly a year. Beijing has signaled it…
Carla Mozée
2 mins read
Retail investors are snapping up tumbling Chinese stocks like Didi - even as institutions balk at the government crackdown
Retail investors have turned into dip-buyers, even in risky Chinese stocks, data shows.
Harry Robertson
2 mins read
Retail investors have been buying the dip in Chinese stocks slammed by Beijing's corporate crackdown
"Chinese ADRs are the latest example of how retail behavior has changed over the past four months,"…
Carla Mozée
2 mins read
Retail investors have bought $400 million of US-listed Chinese stocks this week, the largest inflow from individual traders in 5 years, research firm says
"Since the regulatory crackdown started, retail investors increased their buying on dips," said Van…
Carla Mozée
2 mins read
Something weird just went down in the stock market, and Wall Street is speculating it's the result of a fund liquidation
Shares of ViacomCBS and Discovery fell as much as 35% Friday, while US-listed shares of China's Bai…
Victoria Cavaliere
1 min read
Baidu stock jumps 15% as the Chinese internet giant says it's readying its answer to ChatGPT
Shares in the search engine giant surged on the Hong Kong Stock Exchange as the company said it's m…
Ryan Hogg
3 mins read
Sensex, Nifty50 likely to open lower amid mixed global cues: SBI, ITC, Vodafone Idea among stocks in focus
Earlier on Friday, both the benchmark indices closed in the green led by financial services and …