China Last Night KraneShares Key News Asian equities had a mixed night, as China, Hong Kong, and Japan outperformed. At the same time, India, the Philippines, and Thailand got an early start to the long weekend ahead of tomorrow’s Good Friday holiday. Mainland media reported that 100 cities have lowered mortgage rates leading to another…
Neil Shen, founding and managing partner of Sequoia Capital China, attends a conference in 2019. … [+] (Photo by VCG/VCG via Getty Images) VCG via Getty Images China, buoyed by the performance of social media and healthcare companies, accounted for 17 members of the 2022 Forbes Midas List unveiled today. The group of China residents,…
China Last Night KraneShares Key News Asian equities were a sea of red, excluding China and Hong Kong, as growth sectors/stocks rebounded/outperformed relative to value sectors/stocks. Both China and Hong Kong had choppy sessions with a late-day rally led by the chatter of China’s National Team buying the dip and could also add inflows from…
China Last Night KraneShares Week in Review Asian equities saw another choppy week of trading as earnings season wrapped, and investors assessed the risks presented by covid lockdowns in China. However, Mainland China markets were closed on Monday and Tuesday, and Hong Kong was closed on Tuesday. The China Securities Regulatory Commission (CSRC), China’s primary…
China Last Night KraneShares Key News Saturday night the China Securities Regulatory Commission (CSRC), China’s SEC, issued a “Notice on Public Solicitation of Comments on the “Provisions on Strengthening the Confidentiality and Archives Management Work Related to the Overseas Issuance and Listing of Securities by Domestic Enterprises”. The release was followed by a Q&A with…
Share to Facebook Share to Twitter Share to Linkedin A man wearing a face mask poses for a photo with a thumbs-up outside the Beijing Stock Exchange in … [+] Beijing Monday, Nov. 15, 2021. (AP Photo/Ng Han Guan) ASSOCIATED PRESS Stock exchanges in mainland China will be closed on Monday and Tuesday this week…
China Last Night KraneShares Week in Review Meituan (3690 HK) jumped +11.56% after posting better-than-expected financial results on Monday after the Hong Kong close last Friday. TikTok rival Kuaishou jumped +4.6% in advance of Q4 financials on Tuesday which were released after the Hong Kong close beating expectations. A Mainland media source on Wednesday noted…
China Last Night KraneShares Key News Asian equities were largely off overnight. The SEC added Weibo, Baidu, iQIYI, and three other China ADRs during US trading hours to their HFCAA non-compliant list. All 273 US-listed Chinese ADRs will be on the SEC list as the companies file their 2021 annual report with the SEC. After…
China Last Night KraneShares Key News Asian equities had a strong day on Ukraine peace talks in Turkey while China was off though not significantly. The Hang Seng Index gained +1.12% led by Hong Kong internet stocks as the Hang Seng Tech +2.52% as Meituan added another +5.78% following its Q4 financial results post Hong…
Southeast Asia offers good growth prospects for global investors, says Drew Bernstein, co-chairman … [+] of New York-headquartered MBP. The accounting firm plans to open an office in Singapore in May. Photographer: Wei Leng Tay/Bloomberg © 2020 Bloomberg Finance LP Five years out of college in 1983, New York accountant Drew Bernstein took the plunge…