Friday, August 20, 2021

Electric-car Stocks Fall As China Signals Crackdown

Chinas gaming stocks fall. China released a five-year blueprint calling for greater regulation of vast parts of the economy providing a sweeping framework for the broader crackdown on key industries that has left investors reeling.


China S Corporate Crackdown Is Just Getting Started Signs Point To More Tumult Ahead

Nevertheless investors were unnerved by potential policy signals from Beijing about a crackdown even though both Tencent and NetEase have responded.

Electric-car stocks fall as china signals crackdown. Cryptocurrency markets swung in chaotic trading and related stocks were hit after Chinese regulators signalled a crackdown on the use of digital coins which have soared in price this year. For weeks now optimists have said Chinas tech crackdown has been priced in by the stock market. In addition China signaled a tougher stance on financial hub.

Aug 17 2021 128AM EDT. Hong Kong stocks fell the most in six weeks on Thursday with tech shares tumbling on Chinas latest crackdown on the gaming industry and China Evergrande Group plunging amid signs of. Digital currency trading store in Hong Kong China on Thursday June 24 2021.

A fresh round of regulatory angst has shaken that thesis to its core. Chinas plan to place Hong Kong firmly under Beijings control and crack down on new antigovernment protests set off a sharp decline in the citys stock market which fell more than 5. Tesla and other EV stocks fall as China regulatory crackdown concerns grow.

An employee selects the Buy Bitcoin option on a cryptocurrency automated teller machine ATM during a demonstration at the Hong Kong Digital Asset Exchange Ltd. The benchmark CSI 300 Index fell 06 in early trade. GOEV Full Truck Alliance Co.

Teslas stock had gained 743 in. Investment Research Sponsored Reports. 17 2021 729 AM ET Li Auto Inc.

New York-listed stocks of Chinese tech companies fell on cue. Bloomberg -- A deepening selloff in Chinese stocks spread to the bond and currency markets on Tuesday as unverified rumors swirled that US. LI Faraday Future Intelligent Electric Inc.

JPMorgan PB Sees Downside Risks to Growth Across Emerging Markets. 0405 PM ET 11252020. HK stocks fall the most in 6 weeks on Beijings gaming crackdown Evergrande woes.

China publishes detailed data regulations as tech crackdown deepens. The stock is down about 20 so far this year compared with a roughly 8 gain for the SP 500 which was last down 05 on Wednesday. In recent days Beijing regulators expanded a crackdown on technology companies to other sectors.

HONG KONG Reuters -Shares of China Evergrandes electric car unit plunged as much as 26 on Monday after it warned it faced an uncertain future unless it. Joe Light Bloomberg News. Evergrandes stock rose 8 though at HK255 it isnt far above last weeks decade-low of HK206 and stock borrowing costs have surged as short sellers pile in.

The Nasdaq Golden Dragon index of large US-listed Chinese stocks closed more than 5 per cent lower on Thursday in New York dragged down by an almost 7 per cent fall for the ecommerce group. The weekend was dominated by Chinas announcements of a crackdown on Tencent Music and more importantly its intention to all but end Chinas multi-billion-dollar student tuition industry as. Bloomberg Chinese stocks fell as investors digested Beijings latest signals over a regulatory crackdown that has roiled markets.

Three months of unmitigated selling pressure on Chinese stocks have left their mark on Chinese electric-vehicle maker NIO NIO. May 19 Reuters - The market value of Tesla Incs bitcoin holdings have fallen by half to 126 billion close to the electric car makers purchase cost as the cryptocurrencys value plunged. 27 2021 1012 AM ET Tesla Inc.

The gauge which last week posted its worst five-day stretch since February was. China moved to tighten control of its technology sector publishing detailed rules aimed at tackling unfair competition and companies handling of critical data. Chinese electric vehicle stocks fall again on Beijing crackdown worries.

Reuters -The market value of Tesla NASDAQ. Crypto Risks Existential Threat as US. Electric-Car Stocks Fall As China Signals Crackdown.

HONG KONG Reuters Breakingviews - Chinas electric vehicle battery champion is. TSLA Incs bitcoin holdings have fallen by half to 126 billion close to the electric car makers purchase cost as the cryptocurrencys value. Lending.

Electric-car stocks BYD. 17 Aug 2021 0539 PM IST. FSR Full Truck.


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