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Chinese Cities Plan To Ease Home Buying Limits To Boost Struggling Real Estate Sector: Report
Friday, September 27, 2024 - 5:28am | 568Major Chinese cities Shanghai and Shenzhen are poised to lift significant home purchase restrictions in the coming weeks, aiming to attract buyers and revitalize their struggling real estate markets. What Happened: The changes will allow potential buyers to purchase homes without undergoing...
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Elon Musk-Led Tesla's Home Of Austin Is America's Fastest-Growing City For Millionaires, But China's Silicon Valley Proves More Prosperous For Ultra-Rich
Wednesday, May 8, 2024 - 6:49am | 1081The United States maintains its position as the world’s wealthiest country, boasting the highest number of cities with a significant population of resident millionaires, according to a recent report. However, the city experiencing the fastest growth in ultra-rich individuals is located Far...
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Warren Buffett-Backed BYD Unveils Stock Buyback And Luxury Car Production Expansion Amid Market Challenges
Monday, February 19, 2024 - 3:23am | 686BYD Co Ltd (OTC:BYDDF) (OTC:BYDDY), a Chinese electric vehicle (EV) manufacturer, has announced a new stock buyback plan and the expansion of its luxury car production, in a bid to counteract a recent stock price slump. What Happened: BYD, backed by billionaire investor Warren Buffett, has...
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iPhone Production Suspended In Shenzhen Due To COVID-19 Lockdown
Sunday, March 13, 2022 - 11:48pm | 441Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co. Ltd. (OTC: HNHPF) has halted production of iPhones at its site in the Chinese tech hub of Shenzhen due to a government-imposed COVID-19 lockdown, Bloomberg reported Sunday. What Happened: Hon Hai, better known as Foxconn, has...
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A Complete Guide To Taxation In Special Economic Zones
Tuesday, March 1, 2022 - 6:16pm | 1641By Thibault Serlet, Co-Founder and Chief Researcher of The Adrianople Group Introduction Special Economic Zones (SEZs) are business parks or cities that offer various incentives to attract foreign investors. The most famous SEZs are the city of Shenzhen in China, the Dubai Internet City, and...
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5 Things You May Not Know About Apple Heading Into This Week's Event
Sunday, September 13, 2020 - 6:25pm | 478As Apple Inc. (NASDAQ: AAPL) gears up for its September 15 event, fans of the iDevice company can expect a spotlight on the Apple Watch Series 6; new iPads; and the rumored Apple One subscription bundle. Those eager to learn more about the iPhone 12 — patience. There's ...
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Keep The Emerging Markets, Lose China With This ETF
Friday, July 21, 2017 - 9:22am | 478Seasoned emerging market investors know that even supposedly diversified emerging markets exchange-traded funds are heavily allocated to Chinese stocks. Those allocations stand to increase following MSCI's June announcement that China A-shares, the stocks trading in Shanghai and Shenzhen, will...
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Chinese Stock Markets Move Higher
Wednesday, November 23, 2016 - 12:34am | 238Chinese stocks were trading higher on Wednesday. The Shanghai Composite Index gained 7.31 points, or 0.23 percent to 3,255.66, while the Shenzhen composite rose 0.12 percent to 551.19. iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA: FXI) shares rose 1.77 percent to close at $36.88 on...
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China Stock Markets Trading Higher
Tuesday, November 22, 2016 - 1:15am | 223Chinese stocks were trading higher on Tuesday. The Shanghai Composite Index gained 27 points, or 0.84 percent to 3,245.17, while the Shenzhen composite rose 0.46 percent to 549.19. iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA: FXI) shares rose 0.83 percent to close at $36.24 on Monday,...
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China Markets Decline; Yuan Down Versus Dollar
Thursday, November 17, 2016 - 12:30am | 247Chinese stocks were trading lower on Thursday. The Shanghai Composite Index dropped 9.7 points, or 0.30 percent to 3,195.38, while the Shenzhen Composite fell 0.37 percent to 546.54. The central parity rate of the Chinese yuan dropped 100 basis points to 6.8692 versus the U.S. dollar on...
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China Right Now: The Trade Imbalance, Opening Financial Markets And The U.S. Labor Market
Friday, August 19, 2016 - 9:06am | 985Free trade is hurting America and its workers, Donald Trump assured a few days ago in Detroit. And China is hurting them the most, he added, “They break the rules in every way imaginable.” While this statement might sound ridiculous to many, Trump is not alone in this sentiment. Major...
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Give A Nod To This China ETF
Wednesday, April 27, 2016 - 8:56am | 572It is the second-largest economy in the world, but China has, to some extent, sat out the rally in emerging markets stocks. For example, the iShares FTSE/Xinhua China 25 Index (ETF) (NYSE: FXI), the largest China ETF trading in the United States, is off 3.3 percent year-to-date, while the MSCI...
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Examining A-Shares ETFs
Tuesday, December 15, 2015 - 9:55am | 566Exchange-traded funds holdings Chinese A-shares, the stocks trading on mainland bourses in Shanghai and Shenzhen, have gotten ample attention this year, as China's equity markets have delivered both substantial gains and rapid losses underscoring the volatility that comes with investing in the...
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China's A Shares Don't Make MSCI's Cut, But Future Looks Bright
Wednesday, June 10, 2015 - 1:30pm | 353Despite China's efforts to make its markets more accessible to foreign investors, index provider Msci Inc (NYSE: MSCI) said this week it would hold off on including the nation's "A" shares in its Emerging Markets Index (iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM)). Beijing recently...
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Forget Drugs, iPad 2s are More Fun to Smuggle
Monday, August 8, 2011 - 12:00pm | 223Who knew zip-lines could be so useful? While Apple's (NASDAQ: AAPL) upcoming tablet may steal the show, that hasn't stopped consumers from eating up the aging iPad 2. That hasn't stopped smugglers from eating it up either. MicGadget reports (via Business Insider) that smugglers in Hong Kong have...