Latest News for: Chinese company


US Republican senators seek probe into Chinese companies

Press TV 29 Jul 2021
The GOP senators claimed the executives of the Chinese company downplayed the risks of Chinese regulation before going public and that the episode "highlights the troubling trend of Chinese companies taking advantage of our capital markets while ignoring the transparency that is required under U.S.

Republicans urge Gensler to investigate Chinese companies

Politico 29 Jul 2021
Finance Republicans urge Gensler to investigate Chinese companies ... Senate Republicans are calling on SEC Chair Gary Gensler to investigate Chinese companies that list shares on U.S ... Dan Sullivan of Alaska are also pressing Gensler to scrutinize underwriters involved in the Chinese companies' U.S.

Guaranteed Loans Are One Sign of Confidence in Chinese Companies

Caixin Online 29 Jul 2021
Chinese firms reported better earnings for the first half, with profit margins for companies on the CSI 300 Index rising to 10.1% from 9.76% in 2020 ... The curbs have already prompted a decrease in Chinese companies’ use of debt to pay for overseas mergers and acquisitions, with such debt on track to shrink to a seven-year low.

EXPLAINER: Risks underlie tumbling Chinese company shares

Arab News 29 Jul 2021
Foreign shareholders in China’s tech companies are learning what its entrepreneurs have long known ... Also this week, share prices of Chinese education companies fell after news reports that for-profit activity might be banned in core school subjects ... They say they are protecting the public, smaller companies, the financial system and competition.

DiDi Might Not Go Private, but the Risks Are Real for Chinese Stocks

Barrons 29 Jul 2021
No matter which is true, Chinese companies listed in the U.S ... The whole incident left few pleased and is part of a larger cloud looming over U.S.-listed Chinese companies as Beijing tries to control fast-growing Internet companies and also contend with growing U.S. pressure and increasing scrutiny of Chinese companies listed stateside.

How China Played American Investors

Wall Street Journal 29 Jul 2021
The shares of many Chinese companies listed in New York and other foreign markets plummeted because it turns out that model never involved much actual capitalism ... Many big-name Chinese companies that have sold shares in foreign markets (including Hong Kong) over the past two decades have done so only quasi-legally at best.

Why South Africans should care about Naspers and China’s tech impact

Independent online (SA) 29 Jul 2021
It started with just Ant Financial, Jack Ma’s company, and now almost all Chinese consumer technology companies are under the scrutiny of the Chinese government including Tencent, a company which is partly owned by South African founded technology giant, Naspers ... Various Chinese tech companies are now undergoing “rectification”.

Goldman Sachs slashes its 12-month forecast for Chinese stocks by 20% after unprecedented regulatory crackdown

Business Insider 29 Jul 2021
Goldman Sachs has dramatically cut its forecast for Chinese stocks in the wake of an "unprecedented" regulatory crackdown on the country's companies ... The Chinese government has also tightened its grip on the country's big technology companies ... Chinese companies are using 2 giant loopholes to evade oversight on Wall Street.

A Chinese investor in his image – 07/29/2021 – Tatiana Prazeres

The Sentinel Newspaper 29 Jul 2021
The interest of Chinese companies has widened over the years ... The perception of many Chinese companies is that the best deals are found in the country itself ... Holding an auction soon after would reveal that, without Chinese companies, no foreigner would be interested in investing.

Emerging-Market Stocks Just Got Downgraded. Blame Regulation in China.

Barrons 29 Jul 2021
... China are becoming too significant to ignore and Chinese stocks account for a major portion of indexes tracking companies in the developing world ... Investors are buying the dip, but it makes sense to keep watching the earnings of Chinese companies vulnerable to regulatory changes.

Sources say upright firms can list abroad

China Daily 29 Jul 2021
The China Securities Regulatory Commission, the country's top securities regulator, has an "open mind "on Chinese companies' choices in terms of preferred listing destinations, the sources said ... "It'll be a misinterpretation to perceive the State Council's guideline as a move to restrict Chinese companies getting listed overseas.

Chinese stocks gain on reports Beijing will continue to allow US listings

Russia Today 29 Jul 2021
Beijing has recently stepped up its screening of Chinese tech companies and firms listed on the US market ... Furthermore, last week, Beijing issued a new policy requiring Chinese after-school tutoring companies to become non-profits, which effectively bans them from raising money through the stock market or having foreign investors.

Bike-sharing startup Hello scraps plans for US IPO

Shenzhen Daily 29 Jul 2021
The move comes against the backdrop of a regulatory action taken by Chinese regulators that tightens listings by Chinese companies in the United States ... The flow of Chinese companies to the United States has ... Chinese companies have raised US$15.7 billion so far this year from U.S.

China stock market debacle: Why this Mutual Fund house is calling it an investment opportunity

Live Mint 29 Jul 2021
The sell-offs were led by regulatory actions against the country's tech giants and more recently, crackdown on Chinese private education companies ... Rather, what the Chinese government wants to see is a fair, well-functioning and resilient industry playing field, which can allow ...

Major Adriatic Sea bridge connects coastline in Croatia

Springfield News-Sun 29 Jul 2021
ZAGREB, Croatia (AP) — A major European Union-funded bridge built by a Chinese company has been connected over the Adriatic Sea, linking two swaths of the Croatian coastline that are divided by a small stretch of Bosnia’s territory ... state-owned company was opened late Wednesday.