South Korea’s ‘Grim Reaper’ Task Force To Investigate Terra (LUNA) Collapse
South Korea has revived the ‘Yeouido Grim Reaper’ financial crimes task force to investigate the collapse of Terra’s (CRYPTO: LUNA) stablecoin TerraUSD (CRYPTO: UST).
Alibaba Down 7%, Nio Slides Over 3%: What’s Causing A Selloff In Hong Kong Today
Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Thursday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD),
Alibaba Down Over 2%, Nio Jumps 7%: What’s Weighing On Hong Kong Stocks Today?
Shares of U.S.-listed Chinese firms traded mixed in Hong Kong on Wednesday morning, with web search giant Baidu Inc (NASDAQ: BIDU) and electric vehicle maker NIO Inc (NYSE: NIO) among stocks that were in the green.
Livestream Tipping Clampdown: Bad for the Big Boys, But Worse for Small Fries
Key Takeaways:
Newly announced rules will ban minors from tipping their favorite livestreaming hosts and outlaw tip rankings
Big platforms like Kuaishou have more balanced tipping structures and diverse revenues, meaning they could suffer less from the new policy than smaller rivals
China Is World’s 2nd Largest Bitcoin Mining Nation Despite Ban, Data Shows
Despite a blanket ban on cryptocurrency in China, many Chinese citizens continue to mine Bitcoin illegally, according to data from the Cambridge Bitcoin Electricity Consumption Index (CBECI).
Key Boeing China Customer Said To Have Scrapped Over 100 Jets From Delivery Plans
Key Boeing Co (NYSE: BA) customer China Southern Airlines Co has removed more than 100 of its 737 MAX jets from its fleet plans due to uncertainty over deliveries, Bloomberg News
Why Alibaba, Nio, Chinese Peers Are Shooting Up In Hong Kong Today
Shares of U.S.-listed Chinese firms traded higher in Hong Kong on Tuesday morning, with electric vehicle makers leading gains, while tech majors such as Alibaba Group Holding Ltd (NYSE: BABA) and JD.com Inc (NASDAQ:
The Coming Proxy War With China? A Veteran Australian Diplomat Warns Of An Asia-Pacific Ukraine War.
The U.S. Proxy War With Russia
A point I made last month, that the Ukraine War is a proxy war between the U.S. and Russia. Now that the U.S. House of Representatives has passed an enormous, $40 billion in aid for Ukraine, more observers are acknowledging that this is a proxy war.
Tesla Said To Face Delay In Ramp-Up Of Giga Shanghai Output To Pre-Lockdown Levels
Tesla, Inc.'s (NASDAQ: TSLA) Giga Shanghai plan to ramp output to levels before the latest COVID-19 lockdown may be delayed by at least a week, Reuters reported on Monday, citing an internal company memo.
Alibaba, Nio Strike Gains, Peers Trade Mixed: What’s Driving Hong Kong Markets Today
Shares of U.S.-listed Chinese firms were a mixed bag in Hong Kong on Monday at press time.