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Stocks Rise As China Signals More Stimulus, Billionaire David Tepper Bets Big On 'Everything' China-Related
Thursday, September 26, 2024 - 11:35am | 873Chinese stocks continue to enjoy a lift Thursday following a monetary stimulus announced earlier this week. What Happened: To meet China’s economic growth target of approximately 5% this year, leaders promised to deploy “necessary fiscal spending,” per Reuters. The 24-man...
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These 5 Hong Kong Companies Bought Back Around 0.1% Of All Their Shares In Issue Last Week
Tuesday, October 10, 2023 - 12:50pm | 346Last week was a quiet trading week in Hong Kong, with just half the normal daily volumes traded as a result of a 7-day national holiday in China. Still, some companies took the opportunity to repurchase their own shares, many of which are suffering from a sharp sell-off as part of a broad decline...
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Chinese Central Bank Vows Mortgage Rate Cuts: Investors Respond With 'Not Enough'
Thursday, August 31, 2023 - 11:17am | 672In a bid to stem the mounting challenges within its real estate sector, China’s central bank, the People’s Bank of China, has launched an array of measures aimed at revitalizing the market and mitigating the cascading negative effects reverberating through both the financial sector and...
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Chinese Equities Fight Back After Deflation Alarm: Investors Await Alibaba's Earnings
Wednesday, August 9, 2023 - 11:46am | 698Chinese stocks trading in the U.S. market exhibited timid signs of a rebound, spurred by the release of overnight economic data that highlighted the presence of deflation in China. Investors are mulling over the potential implications of the economy’s price drops, speculating that it might...
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Michael Burry Doubles Stake in Jack Ma's Alibaba, More Than Triples Bet On Its Chinese Rival
Tuesday, May 16, 2023 - 1:16am | 538"The Big Short" investor Michael Burry has boosted his fund's exposure to Chinese e-commerce stocks during the first quarter of 2023 while scooping up regional U.S. lender stocks during the banking sector turmoil, according to the latest 13 F filing posted on the SEC website. According to the...
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Chinese Stocks, ETFs On Massive Growth Path As Country Reopens After 3 Years Of Zero COVID Policies
Monday, January 30, 2023 - 3:49pm | 633It’s been three weeks since Beijing ordered the reopening of China’s borders to the world, and Chinese stocks are rallying. The world’s second largest economy abruptly ended three years of strict zero-COVID policies late last year, causing a massive spike in COVID cases. Also Read...
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Nasdaq, S&P 500 Futures Skyrocket After Tamer PPI Data That Confirms Slowing Inflation, Walmart's Beat-And-Raise Q3
Tuesday, November 15, 2022 - 6:39am | 1082The index futures are solidly higher in premarket trading on Tuesday, as stocks strive to return to winning ways amid lingering hopes of a Fed pause. On Monday, the major averages opened modestly lower but fought back to trade mostly above the unchanged line for the bulk of the session. A late-...
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China Stocks: A Clearance Sale Or A Sale To Steer Clear Of?
Friday, October 8, 2021 - 3:48pm | 1404Chinese stocks, listed both in Asia--particularly in Hong Kong--as well as in the United States, just keep falling, much to the chagrin of investors and portfolio managers who thought exposure to Chinese stocks was an obvious and critical part of any 21st Century portfolio. Now, however,...
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China Now Has An Answer To The Nasdaq Exchange
Monday, July 22, 2019 - 11:37am | 359China's stock exchanges are known for speculative activity and the absence of a strong oversight and the country hopes to improve its reputation through the launch of a new exchange. What Happened China on Monday introduced its new stock exchange called "STAR Market," or the Science...
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China's Stocks Are Not Ready For 'Prime Time,' CNBC's Bob Pisani Says
Wednesday, June 15, 2016 - 3:02pm | 455Morgan Stanley Capital is a leading provider of global equity indices and announced on Tuesday it will not include China-listed A shares in its Msci Inc (NYSE: MSCI) MSCI Emerging Markets Index. "There have been significant steps toward the eventual inclusion of China A shares in the MSCI Emerging...
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China Mobile Is Citi's Top Pick In China Telecom Space
Wednesday, June 15, 2016 - 11:57am | 271Telecommunication investors looking to diversify their holdings away from U.S-based companies should take a closer look at Chinese companies, according to Bin Liu of Citi. In a report published Wednesday, Liu argued that China's fixed broadband market should "grow rapidly" over the coming years. He...
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Report: China Securities Regulatory Commission Will Postpone Relisting Of 'ChinaHybrids' Going Private
Thursday, May 5, 2016 - 2:44pm | 271Shares of many U.S. listed companies that have entered into non-binding going private offers over the past year are trading lower on Thursday. For example, shares of Momo Inc (ADR) (NASDAQ: MOMO) were trading lower by more than 4 percent, as were shares of YY Inc (ADR) (NASDAQ: YY). Other China-...
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China-Listed Stocks Tumble In Worst Trading Day Since February: Here's What You Need To Know
Wednesday, April 20, 2016 - 11:22am | 212Chinese equities tumbled on Wednesday as the Shanghai Composite index lost 2.3 percent, marking its worst trading day since February. The Shanghai index has now lost more than 16 percent since the start of 2016 and roughly 30 percent over the past year. According to traders and analysts that...
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Natural Health Trends Falls 5% Following Cautious GeoTeam Tweet
Thursday, February 25, 2016 - 3:27pm | 190Shares of Natural Health Trends Corp. (NASDAQ: NHTC) were trading lower by more than 5 percent on Thursday following a cautious Tweet by GeoTeam that caught the attention of investors and traders. GeoTeam is a stock market research firm that provides insight on U.S. micro cap stocks and China-based...
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China Meltdown Sends Dow 400 Points Lower; Are Traders Worried Long-Term?
Thursday, January 7, 2016 - 4:05pm | 378Chinese stocks plunged on Thursday, forcing regulators to call another time-out and institute a second circuit breaker in as many days. That is, before the regulators said they are now suspending the circuit breaker system. The Shanghai Composite index closed 7 percent lower, causing a ripple...