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Historic Loss for Hong Kong Developer Amid Xi Jinping's Crackdown
2 September 2024
3701
Hong Kong's Real Estate Titan Stumbles Hong Kong’s prominent property developer, New World Development, is bracing for its first annual loss in 20 years. The company, owned by the billionaire Cheng family, ex...
US Sanctions UAE Shipping Firm for Alleged Russian Oil Price Cap Violation
18 January 2024
4102
U.S. Strikes On a recent Thursday, the United States took action against a shipping company based in the United Arab Emirates, Hennesea Holdings Limited, for allegedly transporting Russian crude oil at prices ...
After criticism of video games in the PRC, sports action is on the rise
4 August 2021
4019
Sports stocks Amid harsh criticism of the video game industry in China's state-run media the previous day, a "tidal wave" touched stocks of Chinese manufacturers of sportswear, trainers and other spo...
Dow Jones futures fall more than 200 points ahead of a huge week of Big Tech earnings
27 July 2021
3533
Ahead of reports Stock futures declined in early morning trading on Tuesday on the back of upcoming quarterly earnings reports from several technology companies. Dow Jones futures were down 205 points, S&P 500 and Nasdaq 100 futures also traded...
Biden extends the state of emergency on Hong Kong by a year
8 July 2021
5279
State of Emergency Regarding Hong Kong US President Joe Biden decided on Wednesday to extend until 14 July 2022 the so-called state of emergency for Hong Kong. The White House press office circulated the relevant document. "The situation in Hong Ko...
Xpeng and Nio break sales records
2 July 2021
4361
Record sales Shares of Nio and Xpeng Motors rose on reports of higher sales of their electric vehicles in June than in May, as well as strong second-quarter delivery totals for the full second quarter, despite a global&...
Xpeng Motors could raise $2bn in a dual listing in Hong Kong
24 June 2021
4645
Hong Kong dual listing Shares in Xpeng Motors rose 4 per cent on Wednesday amid reports that the Hong Kong regulator has approved the carmaker's listing on the Hong Kong Stock Exchange. Going public on the Asian exchange will allow Xpeng t...
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