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January 10, 2021 - The Japan Times
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Inversores respaldan emisiones emergentes
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Alibaba busca recaudar US$8 000 millones con emisión de bonos
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MSCI Deletions Trigger Rush to Sell Chinese Telecom Stocks
Bloomberg 1/8/2021 Jeanny Yu and Sofia Horta e Costa
(Bloomberg) MSCI Inc. will remove China’s three major telecommunications companies from its indexes on Friday, giving global funds just one day to adjust billions of dollars of passive investments.
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The index provider’s decision to cut China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. at the close of business applies to their shares in Hong Kong, which are far more actively traded than the securities due to be delisted by the New York Stock Exchange. The rush to rebalance lifted volume in all three stocks to at least 18 times the daily average over the past three months.
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7 Jan, 2021 Author Soon Chen KangJiayue Huang
China s crackdown on internet companies, including Alibaba Group Holding Ltd., is unlikely to affect their burgeoning healthcare businesses and could transform the medical sector into a key battleground for e-commerce and tech companies.
COVID-19 and related restrictions on movement have sparked rapid growth in the adoption of online pharmacy and medical services in China in 2020. Online services will continue to disrupt the space due to favorable regulations and the ability of the companies to facilitate easy access to consultations and medicines, especially in rural areas and among the elderly, industry observers said.