-
Big Depreciation Nips Goldwind In Disposal Plan For Self-Developed Wind Farm
Monday, September 11, 2023 - 10:41am | 1172Key Takeaways: Goldwind will raise 881 million yuan through the spinoff of a 100 MW self-developed wind farm in Jiangxi province, far less than the 1.8 billion yuan the plant was worth two years ago The company’s gross profit margin fell to a 10-year low in the first half of the year as it...
-
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...
-
Best And Worst ETFs Of The Week Amid China Whipsaw
Friday, July 10, 2015 - 4:25pm | 452This is the way the world ends Not with a bang but a whimper. — T.S. Eliot The investment world collectively held its breath this week as China’s market experienced unprecedented curbs and regulation alongside news of another proposed plan to shore up Greece. In addition, the jostling...
-
Will Buffett Subscribe To BYD Company Limited's $2.4 Billion Private Placement?
Wednesday, June 10, 2015 - 5:08pm | 433Warren Buffett likes his investment in BYD COMPANY LTD ADR (OTC: BYDDY) and has no plans to sell his 10 percent stake in the Chinese automaker, according to a report Wednesday in the Wall Street Journal. No word, however, on whether Buffett plans to be among the roughly ten investors who will be...
-
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...
-
Alibaba Invests $383 Million In Chinese Movie Production Company Enlight Media
Wednesday, March 4, 2015 - 1:51pm | 149Alibaba Group Holding Ltd (NYSE: BABA) has bought a 2.4 billion yuan ($383 million) stake in Enlight Media Co., a leading Chinese film production and distribution company. Alibaba and Enlight Media declined to comment. Enlight Media had previously announced that the China Securities Regulatory...