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China's convertible bonds tumble on regulatory, default worries - Vimarsana News

China's convertible bonds tumble on regulatory, default worries

By Reuters Staff (Corrects grammar in paragraph 1.) SHANGHAI, Feb 9 (Reuters) - China’s casino-like convertible bond market is feeling the pressure of regulatory scrutiny and tighter domestic cash conditions, causing bond prices to fall sharply. Declines in the prices of these bonds, which are hybrid securities with features of both bonds and stocks, have taken the CSI convertible bond index to seven-month lows this week and down nearly 7% in just about two weeks. Many of the convertible bonds are trading below their 100 yuan ($15.51) par value, reflecting both the drop in the underlying pr...

U.S. considering adding Alibaba, Tencent to China investment ban -sources - Vimarsana News

U.S. considering adding Alibaba, Tencent to China investment ban -sources

5 Min Read WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday. Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office. Defense Department officials, who oversee the blacklist designations, have no...

U.S. considering adding Alibaba, Tencent to China investment ban - sources - Vimarsana News

U.S. considering adding Alibaba, Tencent to China investment ban - sources

The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.