“‘It looks like he installed a war cabinet and removed the reform and opening people,’” — Kyle Bass, Hayman Capital founder and chief investment officer. That’s Kyle Bass, founder and Read more
Tag: Meituan ADR
Why investors are fleeing Chinese assets as Xi tightens grip on power
China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since Read more
Tencent looks to sell off more investments to pay for stock repurchases, future growth
Tencent Holdings Ltd. is looking into shedding more of its huge investment portfolio as the Chinese social-media and videogame company tries to fund a series of share buybacks and refocus Read more