China's local stock market has fallen for four consecutive weeks. Investors are spooked. And for good reason… China has been cracking down on speculation and financial leverage. And that has caused turbulence in the market. As Bloomberg reported over the weekend… The [Chinese government's] tightening campaign has erased at least $453 billion....More>>>
European stocks stepped higher Friday, as bank shares rose and mining stocks got a lift from upbeat inflation news out of China.
The Stoxx Europe 600 SXXP, -0.33% ....More>>>
Deals and Financings
Berry Genomics, a Beijing genetic testing company, will IPO via a reverse merger with Chengdu Tianxing Instrument & Meter (SHZ: 0710) at a valuation of $619 million on China’s Shenzhen market. The transaction was announced in September, but no financial details were disclosed at that time. Tianxing will issue shares to Berry stockholders. Earlier this month,....More>>>
New York, NY, based Investment company SG Americas Securities, LLC buys The Howard Hughes Corp, PowerShares QQQ Trust Series 1, T-Mobile US Inc, Analog Devices Inc, iShares Russell 2000, SPDR Select Sector Fund – Energy Select Sector, iShares China Large-Cap, VanEck Vectors Gold Miners, iShares Core U.S. Aggregate Bond, iShares MSCI Japan Index Fund, sells SPDR S&P 500, Visa Inc, Walt....More>>>
"Goldman Joins the China-Equity Bull Party After Missing Rally," a Bloomberg headline said yesterday… The investing opportunity in Chinese stocks is massive today… It's so important, I launched a new product late last year called True Wealth China Opportunities to take advantage of it. Morgan Stanley was a bit late to the party, publishing a 100-plus pager....More>>>
Hi folks, it's Shelly Banjo. Sometimes you don't really grasp the ubiquity of something until you're shut out.
I spent last week in Beijing, where Tencent's WeChat has become inescapable for the roughly 900 million daily users (out of a national population of 1.4 billion) who use the app to do everything from chat with friends to hail a taxi or pay rent.
The last twelve months haven’t been kind to Praxair (PX) and Air Products & Chemicals (APD), but UBS analyst John Roberts and team argue that’s about to change, as they upgrade their shares to Buy from Neutral arguing that their earnings can withstand a slowing global economy:
In our view, the two stocks are more alike than different. NTM P/Es are within ~0.5 pts of each other.....More>>>
Shanghai real estate prices have ballooned over the years, giving global investors pause about China overall. Where is the concern over New York’s housing market? Last year was another record breaker for price per square foot in a city where the average income is under $60,000 a year and homes sell for a million or more. (Shutterstock)
Every year China investors are given the warning....More>>>
Facebook is reportedly toying again with the idea of entering the Chinese market. The company was forced to leave China in 2009 after it had refused to share the personal details of its users with the Chinese government. At that time Facebook had said that freedom of speech and safetyof its users are central to the company’s founding philosophy. But the size of theChinese market is too lucrative....More>>>
The competitive e-commerce market in India just got more exciting, and it’s not particularly good news for Amazon. Flipkart, India’s largest e-commerce player, has raised $1.4 billion in its latest funding round and acquired eBay India’s operations for $200 million worth of stock to counter the rising Amazon tide.
Flipkart had been struggling with management exits and valuation....More>>>
Stocks finished down but well off their worst levels following China’s dismal data.
The S&P 500 fell 0.3% to 2,132.55 today, while the Dow Jones Industrial Average declined 45.26 points, or 0.3%, to 18,098.94. The Nasdaq Composite dropped 0.5% to 5,213.33. The S&P 500 traded down as much as 1.1%, while the Dow Industrials traded off as much as 154.25....More>>>
U.S. equities finished lower in relatively quiet trading on Wednesday. Big picture: Stocks continue in their listless, ultra-tight, two-month consolidation range. But on a purely technical basis, something major did occur: The Dow Jones Industrial Average closed below its 50-day moving average, a key technical support level for the first time since November.
The catalyst for the decline....More>>>
Welcome to the December 2016 edition of EV company news. There has been plenty of exciting EV market news including Volkswagen’s (OTCPK:VLKAY) plan to have a 373 mile (597 km) range EV by 2020. November delivered the second best ever EV sales month globally. Chinese cars filled the top 3 best sellers.
Global EV sales – as of end November 2016
Global EV sales boomed in November....More>>>
New York, NY, based Investment company Vontobel Asset Management Inc buys The Kraft Heinz Co, Las Vegas Sands, Facebook, Nike, Casey’s General Stores, Dollar Tree, Adobe Systems, The Home Depot, PepsiCo, China Biologic Products, sells Philip Morris International, Reynolds American, Altria Group, Bristol-Myers Squibb Company, Coca-Cola Co during the 3-months ended 2017-03-31, according to the....More>>>
General Motors (NYSE:GM) is one of the largest automobile manufacturers in the world, by unit sales. In 2016, they were the third largest manufacturer with 9.6 million units sold.
However, despite the global reach, GM as an investment is almost totally dependent on the North American unit, which contributed 4 million of their 2016 sales. North America accounted for almost 90 to 93% of their....More>>>