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KraneShares CSI China Internet ETF (NYSEARCA:KWEB) drops 5.5% on Monday’s trading session, pushing the internet and internet-related technology fund to a near 3-year trading low dating back to Jan. 3, 2019. KWEB is now down 51.7% year-to-date and is also off 64...
It is an understatement to say Alibaba Group has had a troubled year. The bear camp has churned out numerous risk factors to watch out for. However, I argue here that the investment blacklist that has ensnared hundreds of Chinese entities is the big hairy monster that BABA shareholder...
China's crackdown on its technology sector looks set to continue following nearly a year of unwieldly regulatory efforts. It all began in November 2020, when Jack Ma's Ant Group was forced to cancel what would have been the world's largest IPO. Regulatory efforts then turned to data security ...
For Chinese stocks, the tough macro backdrop last week was just another flesh wound on a badly battered body with multiple lacerations. The overly exploited VIE risk continued to be effective in spooking the market, with an unsubstantiated Bloomberg report on a China ban making the ro...
Alibaba is a stock watched closely by many retail investors due to the large crash it suffered from the highs it reached in October 2020. Three factors help explain the slowdown of Chinese growth. The "common good" sought by the Chinese government wiped hundreds of billions of dol...
The State Administration of Market Regulation (SAMR) has announced that the Chinese government has fined ByteDance, Baidu Inc (NASDAQ: BIDU), Tencent Holdings (OTCMKTS: TCEHY), and Alibaba Group Holding Ltd (NYSE: BABA) for violating antitrust laws. SAMR fines the companies for 43 violations ...
Already walloped from uninspiring third-quarter results in several Chinese internet companies, Chinese stocks were hammered further by the broader market slump on renewed pandemic concerns. BlackRock says "the time to position in the China market is right now," with signs of "bot...
Meituan (MPNGF) Q3 2021 Earnings Conference Call November 26, 2021 6:00 AM ET Company Participants Xu Meituan - Vice President, Head of Capital Markets and Joint Company Secretary Xing Wang - Co Founder, Chairman and Chief Executive Officer Shaohui Chen - Chief Financial Officer and Senior Vi...
Chinese Internet stocks slipped into the red, Friday, in tandem with DiDi Global (NYSE:DIDI) following a report that the Beijing government wants the ride-sharing company to delist from U.S. stock exchanges. DiDi (DIDI) shares fell more than 7% in pre-market trading after Bloomberg ...
Meituan (OTCPK:MPNGF): Q3 Net Loss of RMB5.5B Revenue of RMB48.8B (+37.9% Y/Y) Press Release For further details see: Meituan reports Q3 results
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2023-04-25 10:05:00 ET When asked about Chinese technology stocks, most investors will come back with names like Alibaba , Tencent , and JD.com . But other worthy companies can still make it onto investors' radars. One of these lesser-known but very well-established Chinese ...