Asia - Spark Newswire

2 minute read

US Charges More Than A Dozen Chinese Agents With Multiple Acts Of Espionage: What You Need To Know

Today, 2:57 AM

U.S. Attorney General Merrick Garland accused China of committing acts of espionage against the United States in a Monday press conference. Here's what you need to know:

FXI

2 minute read

Alibaba Plummets Following Xi Jinping Re-Election, Government Reshuffling: What’s Happening?

By Melanie Schaffer

Today, 2:57 AM

Alibaba Group Holdings, Ltd - ADR (NYSE: BABA) plunged 20% off Friday’s closing price at one point Monday before bouncing up about 6% from the low-of-day.

BABA

2 minute read

Why Chinese, Hong Kong Stocks Are Tanking As Xi Jinping Consolidates Power

By Wayne Duggan

Today, 2:57 AM

U.S.-listed Chinese stocks were crushed on Monday morning after the Chinese Communist Party concluded its national congress meeting over the weekend.

BABA

5 minute read

Huadi: Big News Coming, or Just Another China Meme Stock?

By The Bamboo Works

Today, 2:57 AM

Key Takeaways: Huadi International’s shares soared 90% on Friday despite a lack of news from the company, which hasn’t released any financial results since February The company could sell up to $300 million in new shares, according to a June stock exchange filing, equal to nearly half of its market value after the Friday rally

AMC

2 minute read

This Congressman Likes To Trade Tech, But Bought These 3 Dividend Stocks Instead

By Robert Kuczmarski

Today, 2:57 AM

Michael McCaul is a member of the Republican Party and has served as the U.S. representative for Texas's 10th congressional district since 2005. Rep.

AAPL

2 minute read

Reports Of Terra Founder Do Kwon Escaping Via Dubai ‘Not False,’ South Korea Says

By Bibhu Pattnaik

Today, 2:57 AM

The founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, Do Kwon, is believed to be in Dubai af

LUNA

2 minute read

Why Chinese Small-Cap IPOs Are Being Halted By Nasdaq

By Bibhu Pattnaik

Today, 2:57 AM

Nasdaq Inc (NASDAQ: NDAQ) is cracking down on small Chinese companies' initial public offerings (IPOs) by halting their listings.

NDAQ

2 minute read

3 Double-Digit Yielding Stocks This Hedge Funder Is Trading, With 1 Reporting Record Net Income

By Robert Kuczmarski

Today, 2:57 AM

Oaktree Capital Management, a hedge fund with at least $159 billion in assets under management, utilizes a diversified mix of global investment strategies in four categories: credit, private equity, real assets, and listed

CHK

5 minute read

Domino’s China Operator Makes Second Toss at Hong Kong IPO

By The Bamboo Works

Today, 2:57 AM

Key Takeaways: DPC Dash, operator of the Domino’s pizza chain in China, has filed an updated prospectus to list its shares in Hong Kong The company differs from larger rival Pizza Hut in China due to its bigger focus on delivery, and also due to its earlier stage of development By Doug Young

DPZ

2 minute read

Alibaba, Nio Mixed: Hang Seng Trades Flat As Inflation Data Eyed, China COVID-19 Lockdowns Weigh

By Bhavik Nair

Today, 2:57 AM

Hong Kong shares were trading flat on Friday, with the benchmark Hang Seng edging just 0.05% up, ahead of the release of the inflation report in the city. Shares of Alibaba rose 0.72% in morning trade, while Xpeng shares gained over 5%.

BABA