Sportswear Maker Li Ning Plunges on $282 Million HK Property Bet
Li Ning Co Ltd. shares tumbled on Monday after investors rebuffed the Chinese sportswear maker’s plan to buy a commercial building in Hong Kong, with some…
Source: biztoc.com
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Crypto Exchange HTX Hit by $258 Million Outflow in Wake of Hack
The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net outflow since resuming…
Source: biztoc.com
China Stocks Fall on CPI Data, Politburo Outcome: Markets Wrap
Chinese stocks dropped, dragging down Asian equities, following worse-than-expected inflation data on the weekend and some disappointment over a Politburo…
Source: biztoc.com
Bitcoin's 2023 Rally Frays During Brief 7.5% Drop Toward $40,000
Bitcoin delivered another bout of its notorious volatility in a brief but sharp tumble toward $40,000 amid a broader crypto selloff. • None Bitcoin’s 2023…
Source: biztoc.com