Ubisoft shares surged 30% Friday after a media report that Tencent and the firm's founding Guillemot family are considering a potential buyout of the company.
Sources reveal that Tencent and France's Guillemot family are contemplating a potential acquisition of Ubisoft (UBI, Financial). However, discussions are at an early stage and may not result in a tran
Shares of some of the country's biggest companies clawed back some of Thursday's losses and Hang Seng index closed 2.8% higher Friday.
A new Exchange-Traded Fund (ETF), the Roundhill China Dragons ETF (DRAG, Financial), has been launched to capture the performance of China's leading large-cap companies. The fund tracks an equal-weigh

Why Chinese Tech Stocks Continue to Rally

02:35pm, Wednesday, 02'nd Oct 2024
Shares of Chinese tech and consumer names continued their vicious rally.
Tencent reported solid second quarter results, with revenue growing in the high-single digits and the bottom line almost doubling. Similar to many other Chinese stocks, Tencent jumped in the last week
Chinese stocks have surged due to an $114 billion stimulus package aimed at boosting liquidity and economic growth. Tencent, despite lagging behind other Chinese tech giants, is well-positioned to ben
China stocks are extremely under-owned and sentiment is dire. They have the potential to embark on a multi-month bull run.
Chinese stocks (BABA, BIDU, TCEHY, MPNGY, JD) are building on this week's rally following the announcement of Beijing's economic stimulus plan. Akiko Fujita joins Morning Brief to break down the stimu
Here is how Tencent Holding Ltd. (TCEHY) and Alps Electric (APELY) have performed compared to their sector so far this year.
Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year. It comes after China's central bank announced measures to stimulate the wo
On Tuesday, the Chinese government cut interest rates, lowered bank reserve requirements, and lowered down payments on homes. Shares of consumer-focused companies in China rallied on news of the stimu
China-focused exchange-traded funds (ETFs) and stocks of Chinese companies listed on U.S. exchanges surged Tuesday soon after the opening bell, buoyed by Beijing's broad stimulus package of monetary
The Chinese economy has struggled this year. Investors are split on where things go from here.
PDD Holdings Inc. (PDD, Financial) is arguably one of the most attractive Chinese e-commerce investment on the market right now. Its distinct business model that cuts out intermediaries allows it to o
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