A raucous group of elderly investors held court at a Shanghai securities company on Tuesday, chatting loudly about the stock prices flickering on LED boards as Chinese markets stutteringly recovered from the brutal day before. ( read original story ...)
Hedge funds capitulate, investors brace for margin calls in market rout
Some hedge funds say they are offloading all or most of their holdings of stocks as U.S. President Donald Trump's trade war wipes out trillions of dollars of market value and forces them to curtail trading using borrowed cash. ( read original story ...)
Pateo Connect Revs Up For IPO, Belching Widening Losses And Slumping margins
Pateo Connect has filed for a Hong Kong IPO, reporting its revenue jumped by 70.9% last year as its net loss widened The smart cockpit maker's gross margin is slipping amid intense competition and its ... ( read original story ...)
China, Hong Kong stocks rise with regional markets, Beijing support
China and Hong Kong stocks rose on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by concerns over trade tariffs. ( read original story ...)
China sovereign fund steps in to support stocks plunging on trade war
China intervened on Monday to support domestic stocks plunging on U.S. tariff woes, with a sovereign wealth fund increasing its holdings in equities and saying it would defend market stability. ( read original story ...)
Chaos as China stock market plummets – accuses US of economic bullying
China's economy is sensitive to fears of a global trade war and following recession, causing slumps in the stock market. ( read original story ...)
Asian stocks see their worst drop in decades after Trump tariffs
Asia's biggest economy, China, has also hit back with its own tariffs, deepening the global stock market turmoil on Friday. All three major US stock indexes in fell by more than 5%, with the S&P 500 ... ( read original story ...)