Search Results for: Chinese
Chinese regulator released that paid online searches will be treated as advertising and to be taxed
July 14th, 2016
The recent regulations issued by China’s State Administration for Industry and Commerce on online advertising are likely to dent Alibaba’s and Baidu’s earnings, analysts believe. Baidu Inc is set to announce its second quarter of fiscal year 2016 (2QFY16) ...
Chinese Day Traders Are Behind Silver Frenzy Moving Prices
July 6th, 2016
Retail trade behind rising volume as open interest falls: Saxo Moves reminiscent of China commodity frenzy earlier this year Chinese day traders are moving the silver market. The metal posted its biggest two-day rally in five years on Monday, ...
Asian stocks mostly higher; Chinese markets jump more than 2%
May 31st, 2016
Asian markets were mostly higher on Tuesday, with Chinese mainland markets up more than 2 percent and Japan shares rising after better-than-expected economic data. Chinese mainland markets soared on Tuesday, with the Shanghai Composite up 2.9 percent and the Shenzhen composite up 3.433 ...
Chinese fintech startups receive $2.4 billion from VC firms
May 27th, 2016
Now that the Chinese stock market is falling to levels last see a year and a half ago, one fertile area for Chinese venture capitalists (VC) and others is investing in local financial technology (fintech) startups. This has driven ...
Asia trades mixed; Chinese shares under pressure
May 16th, 2016
Asian markets ended mostly higher on Monday, as traders shrugged off data released over the weekend that revived concerns over the Chinese economy. Japan’s Nikkei 225 pared some of its over 1 percent gains from early morning to close up 54.19 ...
Chinese Brokerages Rally on Revived Support for Margin Trading
March 21st, 2016
State finance agency to resume offering shorter-dated loans Everbright Securities among firms that jumped by daily limit Chinese brokerages rallied after policy makers loosened controls on margin lending, which helped fuel last year’s stock-market boom. Everbright Securities Co. was ...
Asia mixed, with Chinese markets leading the way
March 21st, 2016
Chinese markets stood out in a mixed trading session in Asia on Monday, with many market watchers predicting a quiet week ahead in the absence of major economic data from the U.S. and China, and with many markets off ...
U.S. punishes Chinese tech giant over alleged plan to dodge Iran sanctions
March 8th, 2016
The U.S. government is cracking down on a major Chinese telecom equipment maker over an alleged scheme to dodge sanctions on Iran. The plan by ZTE (ZTCOF) involved setting up several shell companies “to illicitly re-export controlled items to Iran in violation ...
Why the Chinese Yuan Will Lose 30% of its Value
February 19th, 2016
The stark truth is nobody wants yuan any more. The U.S. dollar (USD) has gained over 35% against major currencies since 2011. China’s government has pegged its currency, the yuan (renminbi) to the USD for many years. Until mid-2005, ...
Chinese Brokers Post `Ugly’ January Profits Amid Rout, CICC Says
February 5th, 2016
Combined net income for 18 brokerages sank 87% last month Shanghai Composite Index plunged 23 percent in January Chinese brokerages posted “ugly” earnings for January amid the stock market’s worst start to a year, China International Capital Corp. said. ...
