Beijing’s Didi Blast Shakes $2tn of China Stocks in US (Nikkei Asia)

Beijing’s clampdown on overseas listings is having major repercussions on Wall Street, with U.S.-listed Chinese stocks trading at their biggest discount to general U.S. stocks since at least September 2016.
 
However, global investors are still backing Chinese bonds and companies in the fields of renewable energy and electric vehicles that promote sustainability, suggesting that a true decoupling is a long way off, according to some analysts. READ MORE (GOOGLE CACHE)

Similar Posts:

• Why China’s Stock Market Tumble is Giving India’s a Lift (Nikkei Asia)
• Key Apple, Tesla Suppliers Halt Production Amid China Power Crunch (Nikkei Asia)
• Look Out Tesla, SAIC’s $4,500 Electric Car Takes China by Storm (Nikkei Asia)
• China Guides its Self-driving Startups Into the Fast Lane (Nikkei Asia)
• China Venture Capital Deals Shrink Amid Regulatory Concerns (Nikkei Asia)
• Value of 10 Chinese Tech Majors Fall Over $800bn Since February (Nikkei Asia)
• US-China Tech War: Beijing’s Secret Chipmaking Champions (Nikkei Asia)
• Chinese Tech IPOs in US Rebound After Two-Month Lull (Nikkei Asia)
• China and Green Energy Drive Copper Prices to Record High (Nikkei Asia)
• Didi Ekes Out 1% Gain After New York IPO Pop Fizzles (Nikkei Asia)
• Hong Kong Stocks Roar Into 2021 on Surge of Investment From China (Nikkei Asia)
• The Clash of China’s Social Media Titans (NIKKEI Asia)
• Chinese Technology Firms’ Demand for Office, Research Space Surges as Beijing Pushes for Greater Self-Reliance amid US Tensions (SCMP)
• China’s SGID to Become Major Player in Chilean Electricity Market (The Asset)
• Evergrande on Brink of Collapse: 4 Things to Know (Nikkei Asia)