HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:55
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:23
China Shadow Banking Giant Alarms Investors With Missed Payments
One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow
2023-08-14 11:15
Adani Probe Wraps Up as India Tightens Disclosure for Big Firms
Findings from an almost three year investigation by India’s capital markets watchdog into Gautam Adani’s eponymous conglomerate are
2023-08-14 08:27
Chinese Trust Company Clients Say Wealth Product Payout Delayed
Two clients of Chinese trust company Zhongrong International Trust Co. said the firm delayed payment of maturing wealth
2023-08-13 13:52
Exxon Awarded $77 Million in Claim Against Venezuela
The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4
2023-08-12 06:27
Thousands of Tiny Hedge Funds Face Closure in China Shakeup
China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely
2023-08-11 08:16
Alibaba’s Revenue Beat Estimates in First Step of Comeback
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:55
Global Law Firm Retreats From China Ahead of Data Crackdown
Global law firm Dentons is splitting from its Chinese operations to comply with impending data regulations, one of
2023-08-09 13:53
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:59
Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought
2023-08-09 08:15
Myanmar Tightens FX Rules for Companies to Curb Black Market
Myanmar toughened its rules on the purchase of foreign exchange by importers and exporters as the nation seeks
2023-08-08 11:49