China Evergrande Group
Why JD.com, PDD Holdings, and Baidu Stocks All Fell Double Digits in January
Business
China stocks got hit hard last month as a combination of weak economic data, interventions by the Chinese government against selling stocks, ...
Stocks Fall as Market Seeks Fresh China Stimulus: Markets Wrap
Business
(Bloomberg) — Stocks in Asia slipped Tuesday, led by a selloff in China, as deepening market pessimism piled pressure on policymakers to ...
Why PDD Holdings Stock Was Falling Today
Business
Shares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader ...
HK court orders China Evergrande to liquidate with debts of $300 billion
Business
By Clare Jim and Xie Yu HONG KONG (Reuters) -A Hong Kong court on Monday ordered the liquidation of property giant China ...
Worsening crisis at Evergrande, world’s most indebted developer
Business
(Reuters) – A Hong Kong court ordered the liquidation of China Evergrande Group on Monday. Evergrande is the world’s most indebted real ...
Gold Hits Record, Bitcoin Climbs Amid Fed Cut Bets: Markets Wrap
Business
(Bloomberg) — Gold surged to a fresh record and Bitcoin pierced $40,000 in early Asian trading as markets shrugged off Federal Reserve ...
China Opens Probes of Troubled Shadow Banking Giant Zhongzhi
Business
(Bloomberg) — Chinese authorities said they recently opened criminal investigations into the money management business of Zhongzhi Enterprise Group Co., days after ...
China Evergrande faces winding-up challenge in Hong Kong court
Business
HONG KONG (Reuters) – China Evergrande Group’s fate will be tested on Monday as Hong Kong’s High Court hears a winding-up petition ...