A regulatory crackdown by Beijing wiped some $400 billion off the value of U.S.-listed Chinese companies this month. Now, some investors are asking whether China Inc. is worth the risk.
The widening regulatory crackdown by Beijing wiped some $400 billion off the value of U.S.-listed Chinese companies this month.
July 30, 2021 2:32 pm ETAmerican investors are asking whether China Inc. is still worth the risk following a widening series of regulatory crackdowns that have wiped some $400 billion off the value of U.S.-listed Chinese companies.Investors ranging from pension fund Orange County Employees Retirement System in California to money manager William Blair & Co. are rethinking their portfolios following Beijing’s decision last week to curtail the operations of China’s for-profit tutoring industry along with its ongoing campaign to rein in tech companies. The moves
fueled large declinesacross sectors of China’s stock markets and hammered Asia-focused funds stateside.The investor retreat sent tutoring firm TAL Education Group ’s American depositary receipts down some 70% in a matter of days to $6.19 Friday morning. TAL traded above $90 in February. American depositary receipts, or ADRs, are certificates issued to U.S. investors that represent a specified number of shares in a foreign company.
New Oriental Education & Technology Group Inc. has fallen roughly 66% since July 22 and was at $2.24 Friday morning.It was the latest of regulatory crackdowns that have hit the value of Chinese firms as large as Tencent Holdings Ltd. , even as U.S. indexes have risen to records. Earlier regulatory moves that had rattled companies such as Alibaba Group Holding Ltd. , its unlisted sister company Ant Group Co. and Didi Global Inc., which is considering going private again to placate authorities, had already caused concern among western investors. headtopics.comRead more: The Wall Street Journal »
3 rescued from sinking boat in Long Branch
Coast Guard authorities say they rescued three people after a vessel began taking on water off the coast of New Jersey over the weekend.
frontwheelskid Wsj butthurt Exactly. China is pushing itself into a financial backwater Get rekt folks, no sympathy for companies who sold their souls to the devil for a quick and easy buck For decades. . . How much money did American companies make in China? do you know? Capital game only Yeah if workers in Amazon unionize and get proper treatment, very likely Corporate American Inc. wouldn’t be worthy the risk for you either. Oh wait, it is still worth the risk: Union-busting teams are on their way
The China government limited the capital for the betterlife of Chinese Finally there are still legit traders online in time like this 2weeks ago I decided to follow my friend and try stocks and binary trade with Georgeleonel363 and it turns out as a surprise to me after I invested $1000 and got back $3550 Georgeleonel363 is a legit trader trust me
Mousetrap Economy. bubble that popped. Gold Standard. Cripto is BS. Hackers paradise. A logo design is the silent ambassador of your brand. It is. Single party politics rears its ugly head atimes. What's worrying is whether they'd someday treat foreign firms likewise
The Taiwanese Army Has More Tanks Than a Chinese Invasion Force Does—Until China Captures A PortIf China invades Taiwan, the country that deploys the most tanks the fastest should have an advantage as the huge, bloody campaign expands. China may have a way to overcome what appears to be a big Taiwanese home field advantage. good luck strawberries go Japan and India would help I'm sure.
Regulatory Risk & Uncertainty is the prize to pay if u invest in Chinese stocks It's China's way of avenging the capitalists good luck I think it's super funny they lost .. you deserve it if you do business with communist slave masters percentage of US investors in these listed companies？ THE CHINESE COMMUNIST PARTY exerts increasing control over companies. Those who don't agree will have been cofiscated by CP. Will this 'capitalism' work?
Xi just erased years of Chinese progression in matter of days. Parallels with Mikhail Gorbachev? No fkn crooks China 🇨🇳, figured you out, they have left no stone for you to unturn. So stop hating progress. Africans know China 🇨🇳 is a friend not a foe. Hegemony is done, over with, accepting it is difficult. Air superiority, China 🇨🇳 has that to, in six years.
The Taiwanese Army Has More Tanks Than a Chinese Invasion Force Does—Until China Captures A PortIf China invades Taiwan, the country that deploys the most tanks the fastest should have an advantage as the huge, bloody campaign expands. China may have a way to overcome what appears to be a big Taiwanese home field advantage.
Never was. Greed blinded them to the truth of the EvilCCP No, it isn't worth the moral or financial risk. 有个 中文twitter排行榜，你的排名好高啊，羡慕中.... 查询其他人的排名和粉丝数加电报群 good 'Now, some investors are asking whether China Inc. is worth the risk' - after they made billions of dollars from these stocks.
The Taiwanese Army Has More Tanks Than a Chinese Invasion Force Does—Until China Captures A PortIf China invades Taiwan, the country that deploys the most tanks the fastest should have an advantage as the huge, bloody campaign expands. China may have a way to overcome what appears to be a big Taiwanese home field advantage. Military analysis from a money rag. Ok. 🤪
Nobel Prize winners accuse China of 'bullying' scientistsMore than 100 Nobel laureates are expressing outrage over what they say was an attempt by the Chinese government to 'bully the scientific community' by seeking to censor 2 Nobel laureates earlier this year. I AM DESPERATELY BEGGING FOR HELP AT THIS POINT!!!! I am a single father of a disabled toddler, We are about to lose what little we do have we need to get caught up on expenses and replace our car ASAP God Bless you all!!! I'm so sick of the CCP. As Good People say, science or scientists were over!
U.S. voices concern over harassment of media covering China floodsThe United States is 'deeply concerned with the increasingly harsh surveillance, harassment, and intimidation of U.S. and other foreign journalists' covering recent floods in China's Henan province, State Department spokesperson Ned Price said on Thursday. Check out all the promo videos of the Huawei P50 series, including an official unboxing Realme's latest teaser is a dig at Apple The official death toll is whatever XI says it is thanks
China sends new ambassador to US amid strained tiesChina's new ambassador to the United States outlined the challenges the two countries face in what has become an increasingly competitive and contentious relationship, while refraining from any criticism in short remarks after arriving to take up his new post. “China and the United States are entering a new round of mutual exploration, understanding and adaptation, trying to find a way to get along with each other in the new era,' Qin Gang said in remarks posted by the Chinese Embassy in Washington after his arrival Wednesday. Qin’s arrival comes as relations with the U.S. have plunged to their worst level in decades with no sign of bottoming out.