U.S. stocks tumbled on Monday as protests in China raised the risks to global growth and Federal Reserve policy makers said more interest-rate increases are needed to control inflation. How Read more
Tag: TCEHY
Political uncertainty has been removed after China’s Party Congress, but investors are still gloomy
Financial-market investors were craving for clues on clearer economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday Read more
It looks like China’s Xi ‘installed a war cabinet’ and removed the reformers, says Kyle Bass
“‘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
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