Jump to content

DAILY GLOBAL NEWSPAPER ROUND UP


ShareScene Radio
 Share

Recommended Posts

https://www.sharecafe.com.au/2021/07/27/big...o-little-china/

 

Big Trouble in Not-So-Little China

 

Shares in Alibaba lost more than 7%, Ten Cent shares lost close to 9% and shares in Meituan slumped close to 17%.

 

The fall in Alibaba and Meituan shares fell with investors expecting the companies’ food delivery arms to be affected by new regulations guaranteeing workers above-minimum pay.

 

 

 

At the same time the government has railed against speculation and illegal trading of government permits, such as those oil quotas, targeted commodity prices for copper, aluminium, lead and zinc in a blitz of public criticism and worse – including arrests and detention of leading business figures.

 

With that background, stockmarkets in China and Hong Kong have been sagging as local and foreign investors fear further arbitrary attacks and actions from the Communist Party directed mainland government.

 

It’s no wonder that investors are getting concerned and selling.

 

=============================

 

loved headline-----------not so little china!! :lol:

china grown from little teenage boy to a big strong adolescence now, but don't know how to behave himself for others...... IMHO though!! :o

Link to comment
Share on other sites

  • Replies 23
  • Created
  • Last Reply

Top Posters In This Topic

and I saw there was a clamp down on for profit after school learning companies in PRC ... some down 50%

 

==================

you don't know how "after school leaning" biz are so badly affecting chinese kids , nipper.

it's horrible !!! the kids there can't get prop leaning at normal school time anymore, the teachers in the school asking and recommend parents to a certain after school leaning, so these teachers can get kickbacks......parents get no rest ---sent kids to get prop leaning after school time..... man!! no wander they got crackdown, went too far

that's how things goes in china these days------like to go extreme for everything!! not much of balance there!! imho :o

 

 

Link to comment
Share on other sites

Anne Stevenson Yang, the co founder J Capital Research, predicts that Beijing will ultimately move to take tough action against capital outflows by curtailing the use that Chinese internet giants make of Variable Interest Entities (VIEs).

The most valuable portions of China's internet , such as search algorithms, new reporting and video rights, are by law owned by Chinese nationals, she writes. Public market investors participate in the companies profit by proxy: they own offshore holding companies , VIEs , that have contractual rights to profit streams from the onshore businesses.

But, she adds, the contracts are legally iffy.

 

At present, she says, China's door is closing to inbound traffic ... internet content and other forms of media, other channels of cultural influence, many kinds of inbound travellers, and many imports.

 

In contrast, she argues, for capital, the inbound door remains wide open, but the way out is increasingly shut. Policies around IPO approvals, VIEs, internet control, anti monopoly regulation, and investment policy have everything to do with capturing and holding on to hard currency.

 

...---...

............ writing in Swiss financial media platform The Market

Link to comment
Share on other sites

Why is China smashing its tech industry? https://noahpinion.substack.com/p/why-is-ch...s-tech-industry

Those who pay attention to business news have probably noted an interesting and curious phenomenon over the past few months: China is smashing its internet companies.......

 

It has become apparent in the last few months that the Chinese leadership has moved towards the view that hard tech is more valuable than products that take us more deeply into the digital world. Xi declared this year that while digitization is important, we must recognize the fundamental importance of the real economy… and never deindustrialize. .......

 

.... China's leaders look at what kind of technologies they want the country's engineers and entrepreneurs to be spending their effort on, they probably do not want them spending that effort on stuff that is just for fun and convenience. They probably took a look at their consumer internet sector and decided that the link between that sector and geopolitical power had simply become too tenuous to keep throwing capital and high skilled labor at it. And so, in classic CCP fashion, it was time to smash.

Link to comment
Share on other sites

https://www.sharecafe.com.au/2021/07/29/rar...-jumpy-markets/

 

China has blinked and rushed to reassure investors – local and foreign – that it is not looking to damage market confidence.

 

 

 

 

The Wall Street Journal and Bloomberg both reported that in a Wednesday evening meeting, China’s top securities regulator told global financial institutions that Beijing will consider the impact on markets when it introduces new policies in the future.

 

 

=======================

 

when comes to the $$$$$$, everyone gonna blink !! :lol: no matter how tough you are!!

 

that makes traders and investors feel little easier !! :P

Link to comment
Share on other sites

https://www.msn.com/en-au/news/world/chinas...lems/ar-AAMTd5i

 

 

“Parents hope their children ... have a happy childhood, [but] they are afraid they will lose at the starting line in a competition over scores,” said China’s leader, Xi Jinping, in March.

 

 

My son started to learn English at age five. I feared he would be left behind if we don’t do so,” she said. :weirdsmiley: poor little kids!!

 

==================

 

it's been like that way over 10 years-----it just gets worse every year!! :thumbdown:

commies should do the crack down , long times ago!! imho

Link to comment
Share on other sites

  • 1 month later...

https://www.afr.com/markets/equity-markets/...20210929-p58vwk

 

Pump and dump schemes are as old as stock markets themselves. But the speed, reach and anonymity in which pump and dump schemes are being operated is mind blowing.

 

It’s facilitating a transfer of wealth from naive outsiders to insiders on an unimaginable scale. And the bright animations and dark forces of greed and orchestrated deception can be viewed in real time.

 

==================

 

it won't die until stock market not exist ............... :lol:

 

greedy and fear is the game [or biggest hurdle ] for people to getting through!!

 

hope you guys spent few minutes to read this article..... :P

 

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share


×
×
  • Create New...