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Major Chinese companies were falling on Wednesday. Latest economic figures from Beijing were a disappointment and the outlook this year doesn’t look much...
Shares of Tesla, Apple, and Caterpillar—all of which derive sizable sales from China—were falling on the heels of disappointing economic data.
CIBC Asset Management Inc lifted its position in shares of PDD Holdings Inc. (NASDAQ:PDD – Free Report) by 34.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 102,882 shares of the company’s stock after purchasing an additional 26,149 shares during the quarter. CIBC Asset Management Inc’s […]
Plus: Shopify's loan business is booming.
Chinese Big Tech firms have jostled for supremacy in a local services market expected to be worth 35 trillion yuan by 2025.