Tag Archives: China

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, January 4, 2021 Tesla’s biggest growth engine may become its Achilles heel On Monday, during a session that by all rights should have been dominated by Apple (AAPL) becoming the first company ever to hit $3 trillion market capitalization, Tesla (TSLA) did what it normally does — which is steal the spotlight. As the iPhone maker set its… Source link

(Bloomberg) — Tesla Inc. is in a strong position heading into 2022, with catalysts including robust Chinese demand and new factory openings in the U.S. and Germany, according to Wedbush. Most Read from Bloomberg Shares in the electric-vehicle maker could gain nearly 30% over the next 12 months, analyst Daniel Ives wrote in a note. He expects component shortages to ease next year, allowing Tesla to better meet growing demand in China, while new factories in Austin, Texas and Berlin should… Source link

(Bloomberg) — China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc.’s controversial listing. Most Read from Bloomberg The regulations, issued by the country’s securities watchdog, commerce ministry and top economic planning agency over the past week, cast more uncertainty over the prospects for overseas initial public offerings that had… Source link

(Bloomberg) — China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc.’s controversial listing. Most Read from Bloomberg The regulations, issued by the country’s securities watchdog, commerce ministry and top economic planning agency over the past week, cast more uncertainty over the prospects for overseas initial public offerings that had… Source link

Some things are more important than money. It seems as though we hear a lot of people and companies say that, but very few actually act on it. For too many, when push comes to shove, the money is just too enticing. The Women’s Tennis Association, or WTA Tour, is showing what that practice really looks like as it stands up to global giant China in defense of one of its players, Peng Shuai.  There’s a lot of concern for Peng’s well-being right now, after the 35-year-old took to Weibo, China’s… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 17, 2021 As ever, we can’t forget about China The world’s largest economy — rife as it is with attendant crises, policy shifts and political intrigue — is a constant focus for investors. Therefore, it’s sometimes easy to lose sight of what’s happening in the second largest. The ongoing turmoil of Evergrande, which Source link

The Senate on Wednesday overwhelmingly passed a $768 billion defense policy bill that directs the president to create a “grand strategy” to address global economic and military threats posed by China. That vote came as news emerged that U.S. military commanders have created a software tool designed to predict how China will react to U.S. activities in the area, such as U.S. officials’ visits to Taiwan. In a new interview taped Monday, billionaire hedge fund titan Ray Dalio said a military… Source link

As the global digital currency race heats up, Circle CEO Jeremy Allaire thinks the broader stablecoin adoption expected to come with regulatory clarity from Washington can give the United States a needed edge in minting the financial system of the future. Testifying along with five other crypto leaders at Wednesday’s landmark congressional hearing, the digital payment provider’s chief executive officer said the U.S. is beating China in stablecoin transactions with trillions of U.S…. Source link

The Women’s Tennis Association announced Wednesday that it is suspending all of its tournaments in China due to the Chinese government’s alleged inaction regarding Peng Shuai’s accusation of sexual assault and continuing questions about her safety, wellbeing and freedom.  In a statement, WTA CEO Steve Simon explained the decision to immediately suspend tournaments in China. Unfortunately, the leadership in China has not addressed this very serious issue in any credible way. While we now know… Source link

(Bloomberg) — China is planning to ban companies from going public on foreign stock markets through variable interest entities, according to people familiar with the matter, closing a loophole long used by the country’s technology industry to raise capital from overseas investors. Most Read from Bloomberg The ban, intended in part to address concerns over data security, is among changes included in a new draft of China’s overseas listing rules that may be finalized as soon as this month,… Source link