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Alibaba's Stock Falls As Ant Group IPO Is Suspended In China
Tuesday, November 3, 2020 - 10:24am | 327Less than 48 hours before what's expected to be the largest IPO in history, the Shanghai Stock Exchange has suspended the IPO of Ant Group, the financial company partially owned by Alibaba Group Holding (NYSE: BABA). What Happened: The Shanghai Stock Exchange is temporarily postponing the IPO,...
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SouFun Holdings Tumble After Management Issues Update On Proposed Restructuring Plan
Wednesday, February 3, 2016 - 2:54pm | 250Shares of SouFun Holdings Ltd (NYSE: SFUN) were trading lower by 5 percent early Wednesday afternoon after the company provided an update on a pending restructuring initiative. The China-based real estate Internet portal company announced back in November that it plans on acquiring a controlling...
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CSOP Triples Its U.S. ETF Lineup With Two New Funds
Wednesday, October 21, 2015 - 9:51am | 535CSOP Asset Management, the largest renminbi-qualified institutional investor (RQFII) in the world, tripled the size of its U.S. exchange-traded funds lineup Tuesday with the introduction of two new funds, the CSOP MSCI China A International Hedged ETF (NYSE: CNHX) and the CSOP China CSI 300 A-H...
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A Warning Sign For Chinese Stocks?
Tuesday, May 5, 2015 - 4:25pm | 753Anyone who follows international markets has noticed the tear that China’s stock exchange, the Shanghai Composite (SHCOMP), has been on for the past year. With returns of over 90 percent in the past year, many investors are kicking themselves for not getting into China sooner. The real...
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Investors Flee China ETFs At Highs
Tuesday, March 31, 2015 - 2:05pm | 650Investors are taking profits on their China A-shares ETF investments. For the week ended March 25, China A-shares ETFs saw an outflow of $2.37 billion, the largest outflow since December 2014. It does not come as a surprise, as the A-shares ETFs have performed quite well over a short period of...