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Foreign Investors Flee Chinese Shares, Long-Delayed Data Shows - Vimarsana News

Foreign Investors Flee Chinese Shares, Long-Delayed Data Shows

(Bloomberg) -- The amount of Chinese shares owned by foreign investors fell in 2023 for a second straight year as the market slump cut the value of shareholdings and investors left for higher returns elsewhere. Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearEuropean Stocks Retreat as Earnings Disappoint: Markets WrapForeign

Source: yahoo.com
Tencent Revenue Disappoints in Warning for China Tech Sector - Vimarsana News

Tencent Revenue Disappoints in Warning for China Tech Sector

(Bloomberg) -- Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it grapples with rising Chinese economic turbulence and anemic consumer sentiment.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesTycoon’s Fortune Soars $39 Billion on Eyebrow-Raising SPACRussia’s Emergency Rate Hike Fails to Lift Ruble After Cras

Source: yahoo.com