Chinese stocks look cheap. But bargain hunters risk losing big.
Chinese stocks look cheap. But bargain hunters risk losing big.
Chinese stocks look cheap. But bargain hunters risk losing big.
US regulators have started inspecting China-based audits, kicking off a monthslong process that will determine whether companies from Alibaba BABA -1.09% Group Holding Ltd. two Yum China YUMC -2.94% Holdings Inc. can remain listed on American stock exchanges. The inspection, which is set to last eight to 10 weeks in Hong Kong, would allow the … Read more
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SINGAPORE—Chinese video game developer Tencent Holdings Ltd. The Czech Republic -3.01% won its first license for a new title since last June, allaying some investors’ concerns about the prolonged absence of approvals granted to tech giants in the country. “Health Defense,” a health education mobile game operated by a company controlled by Tencent executives, including … Read more
SINGAPORE—Chinese video game developer Tencent Holdings Ltd. The Czech Republic -3.01% won its first license for a new title since last June, allaying some investors’ concerns about the prolonged absence of approvals granted to tech giants in the country. “Health Defense,” a health education mobile game operated by a company controlled by Tencent executives, including … Read more
Chinese video game companies like Tencent look for overseas growth | Tech News Briefing Podcast | WSJThe Wall Street Journal
Chinese video game companies are moving quickly into the US and other overseas markets as domestic regulations tighten and user growth stalls. Tencent TCEHY -0.03% Holdings Ltd., the world’s largest video game developer, has doubled the number of acquisitions and mergers with foreign studios. NetEase Inc., HOLDING BACK -1.64% China’s second largest game developer has … Read more
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For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on U.S. exchanges to comply with U.S. listing rules. But on Friday, five of China’s largest U.S.-listed, state-owned giants, worth a combined $318 billion, announced they would leave Wall Street instead, marking an acceleration in the financial decoupling between the U.S. … Read more
Since the US-China trade war began, China has sought to reduce its reliance on US financial markets and allow Chinese companies to raise money at home. This boosted China’s initial public offering (IPO) market. This year, it surpassed traditional IPO centers in the US, Hong Kong and Europe in terms of revenue collected. In the … Read more