China Newsbase
Fast, easy search of the China news that matters
The China News Database was last updated at 01:50PM on November 9, 2023.
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242 articles matching the search query.
Bilibili priced Hong Kong listing at HK$808 a share amid Chinese tech sell-off
The Chinese version of YouTube raised US$2.6 billion from the stock sale to load more content and boost its ability to make money from gamers on its platform.
From Crypto to Offshore Accounts: Tactics Used to Get Cash Out of China
Finding a way around the rules is something of a national pastime.
China Appears to Ban ‘Stock Market’ From Social Media Search
China’s stock rout turned so extreme that state-backed funds intervened to calm the market on Tuesday, but authorities appeared to make it somewhat difficult to find out what happened on the mainland.
China Stocks Resume Drop as State Buying Fails to Lift Sentiment
The bearish mood prevailing in China’s stock market is proving a match even for state-backed funds, and casting a cloud over the Communist Party’s biggest annual political event.
China’s Top Stock Funds Trashed by $111 Billion Moutai Wipeout
The most popular stock trade in China is unraveling, tarnishing the reputations of some of the country’s most successful money managers and undermining the outlook for the world’s second-largest equity market.
China’s Focus on Bubble Risks Is a Warning Sign for Stock Market
For investors fretting about an end to the era of cheap and plentiful debt, China just provided another reason to worry.
Founders of China’s Robinhood Apps Make Billions on Retail Mania
The retail frenzy that hit markets has been a boon for trading apps. No matter if investors are buying or selling, online brokers are benefiting by taking a cut of each transaction.
World’s second-largest short video platform seeks US$5 billion in Hong Kong IPO
Kuaishou will raise the curtain for other China’s short video-sharing platforms to raise funds via IPO in Hong Kong.
China Stocks Drop on Bubble Fears After Reaching 2008 High
Chinese stocks fell the most in three weeks, led by consumer shares and commodity producers, amid concern valuations for the most popular stocks were stretched and as metal prices slumped.
Baidu picks CLSA, Goldman for secondary listing in Hong Kong
Baidu joins a wave of US-listed Chinese firms in seeking a trading foothold in Hong Kong amid simmering tensions between the world’s two biggest economies. Companies from JD.com to NetEase raised about US$17 billion through share sales in Hong Kong last year, according to Bloomberg’s data.
Jack Ma Has Lost $11 Billion in Two Months on China Scrutiny
Jack Ma’s net worth has tumbled by almost $11 billion since the end of October as China stepped up scrutiny of his empire and the country’s tech behemoths.
Trump signs bill that could kick Chinese firms off U.S. stock exchanges
President Donald Trump on Friday signed legislation that would kick Chinese companies off U.S. stock exchanges unless they adhere to American auditing standards, the White House said, giving the Republican one more tool to threaten Beijing with before leaving office next...
Ant’s chairman lays out rehabilitation plan after ‘body check-up’
The Shanghai Stock Exchange pulled Ant Group’s IPO on November 3, halting what would have been the world’s largest-ever listing. Chinese regulators unleashed a torrent of new rules soon afterwards designed to bring the entrepreneurial Chinese fintech sector to heel.
China’s Tougher Delisting Rules Send Weakest Stocks Plunging
China’s weakest stocks faced another blow after exchange regulators issued tougher rules to weed them out of the market.
World’s Top Hedge Fund Soars 275% With Bets on China Schools
Long before he ran the world’s best-performing hedge fund, Qian Yongqiang chaired China’s biggest online dating service.
Guolian, Sinolink End Plan to Create $13 Billion Broker
Guolian Securities Co.’s effort to acquire bigger rival Sinolink Securities Co. has ended after the firms couldn’t agree on terms to create a $13 billion Chinese broker in the consolidating industry.
China Stocks Jump on Hopes Xi Will Announce Reforms in Shenzhen
China stocks climbed on optimism before President Xi Jinping’s address in the southern city of Shenzhen this week.
China Evergrande rises 17.9% after deal with Hengda investors, unit applies listing
Shares of China Evergrande Group rose as much as 17.9% after the property developer reached a deal with some investors in its unit Hengda Real Estate to ease cash-crunch concerns.
Cash Shortages in China Drive Up Funding Costs, Pressuring Bonds
As a wave of global liquidity pushes assets ever higher, in China the opposite is occurring. Borrowing costs in the world’s second-largest economy are spiking, driving down bonds and stocks, as the central bank holds back on aggressive easing.
Trump Cancels China Talks, Raising Questions About Trade Deal
President Donald Trump said he called off last weekend’s trade talks with China, raising questions about the future of a deal that is now the most stable point in an increasingly tense relationship.
