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China property assets soar as Evergrande spillover fears ease
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China Property Assets Soar as Evergrande Spillover Fears Ease
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Asia s Largest Insurer Hammered As Investors Sell First, Don t Bother To Ask Questions
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Exclusive-Olam seeking about $3 billion for London IPO of food ingredients unit - sources
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Another Round of Regulatory Action Sends China ETFs Reeling July 26, 2021
The selloff in China country-specific exchange traded funds intensified Monday after Chinese regulators continued their crackdown on the technology sector, notably companies that engage in online and in-person education.
On Monday, the
Among the hardest hit Chinese companies in the latest crackdown, the New Oriental Education & Technology Group Inc. (EDU) plunged 31% Monday after plummeting 47% in Hong Kong trading, further adding to a steep falloff in the previous session, the Wall Street Journal reports.
Triggering the Monday selling, state media announced a severe curtailing of after-school tutoring was planned over the weekend. Additionally, Chinese regulators ordered Tencent to relinquish exclusive music licensing rights.