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In a positive start to 2021, the representative ETFs of Chinese companies rallied by a wide margin over with their respective U.S. counterparts. The outperformance came despite the dark cloud of investment bans on Alibaba and Tencent, as well as usage prohibition of certain Chine...
Kansai Halifax Holdings Releases Report on Tencent Increasing Stake in Commodity Start-up Xingsheng Youxuan TORONTO, Jan 11, 2021 - (ACN Newswire) - Kansai Halifax Holdings have today released a research report on Tencent Holdings Ltd increasing its stake in Xingsheng Youxuan....
Q4 was a strong quarter for the markets, and the Dividend Growth 30 portfolio performed even better during that period. Income yield is substantially higher compared to the broad market, which could make these stocks attractive for income-oriented investors. Performance going forw...
Playtika Holding has filed to raise $1.6 billion for itself and selling shareholders in a U.S. IPO. The firm acquires and develops mobile video games for major mobile platforms. PLTK has grown markedly, operates in a growing industry and has additional institutional investor inter...
The Chinese markets started the week weighing what to make of the official statements regarding the investigations on Alibaba Group. Official press releases and state media portrayed the public rebuke as necessary for the healthy development of the e-commerce and fintech industries. ...
Hedgeye China adds Tencent ([[TCEHY]],[[TCTZF]]) to its best idea list as a long trade, calling the recent pullback "another attractive entry point."Analyst Felix Wang calls Tencent a "name you have to own" ahead of some "positive catalysts for 2021."Tencent's U.S.-listed shares are up 2...
Global app spending on Christmas totaled $407.6M across Apple's ([[AAPL]] -0.5%) App Store and Google ([[GOOG]] -0.8%)([[GOOGL]] -0.7%) Play, up 35% Y/Y, according to preliminary data from research firm Sensor Tower.Mobile spending on Christmas represented 5% of the total spending b...
Alibaba stock has sold off sharply following reports that the Chinese government will open antitrust investigations against it. The stock is looking way oversold, with investors panic-selling the stock. Alibaba remains the crown jewel of China, and my base case is for the animosit...
Over in China, the sentiment was mixed as investors weigh supportive domestic policies against the signing of legislation that threatens to delist Chinese companies off U.S. stock exchanges. The MCHI ETF was particularly hard hit last week given the sharp drops in its top three holdin...
The company's problems go well beyond the just-announced antitrust probe. Its independence from Party control is the real elephant in the room. The nightmare for shareholders has only just begun. For further details see: Alibaba's Nightmare Before Christmas
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Cutting-edge technologies at Hong Kong tech fairs attract over 66,000 buyers worldwide HONG KONG, Apr 16, 2023 - (ACN Newswire) - Hong Kong showcased its strengths in innovation and technology (I&T) at a series of innovation and tech fairs, including the first-ever InnoEX co-org...
Inaugural InnoEX kicks off today HONG KONG, Apr 12, 2023 - (ACN Newswire) - The first-ever InnoEX, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), which is running in conjunction with the...
Inaugural InnoEX promoting Hong Kong's Innovation and Technology Development HONG KONG, Mar 28, 2023 - (ACN Newswire) - Innovation and technology (I&T) play an important role in Hong Kong's development blueprint, especially in the growing demand for smart city technologies and a...