Chinese developers may have had a stellar 2017 compared with recent years but bond investors are increasingly concerned their windfall won’t be enough to withstand the tighter funding conditions this year that could lead to cash crunches.
Last year saw a broad based improvement in finances for China’s property sector, helped by fast-rising property prices. Profit margins rose....More>>>
China’s growing military might is prompting other nations in the region to spend more on weapons.
That trend is in evidence Tuesday at the start of the Singapore Air Show, where a host of countries and companies are showing off their defensive hardware.
Australia is displaying a pair of converted Boeing (BA) airliners that are used for tracking the skies and seas around the....More>>>
IMAX China (OTC:IMXCF) (OTC:IXCNY) [HKG:1970], the market leader in theater screening technology in China and the exclusive licensee of the IMAX brand in the country, is currently trading at a discount of more than 30% to its IPO price in 2015, while its forward P/E multiple is at the lower end of where listed peers are trading. The stock’s valuation should experience....More>>>
Four companies are targeting $247 million in the last active week of the 2017 IPO market. LexinFintech (Pending:LX), a Chinese online microloan company, leads the pack with the largest deal of the week. Other IPOs include a life insurer and two small healthcare deals. While it is unusual to see so many IPOs this close to the holidays, we note that LexinFintech is likely pre-sold in China, and the....More>>>
To blockchain developers and cryptocurrency watchers, the entire system has a mind of its own and is one step ahead of the market, at least two steps ahead of regulators. It’s lack of physical roots make it nearly impossible to control. China tried. (Shutterstock)
(The original version of this story, published on Oct. 19, said Red Pulse was based in Shanghai and raised $30 million in....More>>>
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Officials at the Delaware Department of Insurance say they’re still reviewing efforts by China Oceanwide Holdings Group Co. Ltd. to acquire Genworth Financial Inc.
China Oceanwide has been trying to acquire Genworth since October. Once....More>>>
The China tariffs are back on.
On Tuesday, the White House said the administration would proceed with its proposal to impose 25% tariffs on $50 billion worth of goods from China, and place new limits on Chinese investments in US high-tech industries.
The decision comes after top administration officials have tried to dampen fears of a trade war.
Treasury Secretary Steven....More>>>
Stocks continued their rebound for the second consecutive day on Monday, recovering from a mid-day dip into negative territory. While the major averages remain below their 50-day moving averages, the test of the 200-day average at the lows on Friday seems to be holding … for now.
In the end, the Dow Jones Industrial Average gained 1.7%, the S&P 500 gained 1.4%, the Nasdaq Composite....More>>>
China’s Hollysys Automation Technologies (NASDAQ:HOLI) stock is up 14.3% as of 11:30 a.m. EDT, after hitting a high as much as 26% above yesterday’s close earlier this morning.
The Chinese automation and control technologies specialist released its financial results for its fiscal third quarter of 2018 last night, reporting $0.36 per share in profit on sales....More>>>
Xencor (NASDAQ:XNCR) – Investment analysts at Wedbush dropped their Q2 2018 earnings estimates for shares of Xencor in a research note issued to investors on Tuesday, May 8th. Wedbush analyst D. Nierengarten now anticipates that the biopharmaceutical company will post earnings per share of ($0.50) for the quarter, down from their previous forecast of ($0.47). Wedbush currently has a “Outperform”....More>>>