Business Maverick: China tech stocks slide for second day amid US delisting risks

The Hang Seng Tech Index, which tracks some of the biggest Chinese firms in the sector, lost as much as 3.9% in early trading on Friday. It fell 1.4% on Thursday after the U.S. securities regulator played down the prospect of an imminent deal to keep Chinese companies listed there.Baidu Inc., which wasto the list of firms facing possible delisting, tumbled as much as 8.8% while Bilibili Inc. dropped more than 8%. Both were among the worst performers on the tech gauge.

The two-day selloff in tech names shows that investors remain on edge amid a long-standing dispute over whether American regulators can get full access to U.S.-traded Chinese company audits. In response comments by the Securities and Exchange Commission chair, China said talks with the U.S. accounting watchdog will continue.

I'm sharing this because this was exactly how i saw so many posts about GregoryLillian5 and how she was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact her via his profile link below 👇👇 GregoryLillian5

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Apple weighs more memory chip suppliers, including ChinaApple Inc. is exploring new sources of the memory chips that go into iPhones, including potentially its first Chinese provider, after a production disruption at a key Japanese partner exposed the risks to its global supply. I'ᴍ sᴏ ᴄᴏᴍғᴏʀᴛᴀʙʟᴇ ᴍᴀᴋɪɴɢ ᴍʏ ᴡɪᴛʜᴅʀᴀᴡᴀʟs ғʀᴏᴍ MarkdonaldTowns ᴘʟᴀᴛғᴏʀᴍ, ᴛʜᴀɴᴋ ʏᴏᴜ ғᴏʀ ᴛʜɪs ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ʙʀᴏᴛʜᴇʀs ᴀɴᴅ sɪsᴛᴇʀs ʜᴇʀᴇ's ᴛʜᴇ ᴘᴇʀғᴇᴄᴛ ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ғᴏʀ ᴜs ᴀʟʟ ᴛᴏ ᴇᴀʀɴ. ᴄʜᴇᴄᴋ her ᴘᴀɢᴇ
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Costs of war mount in Europe as inflation soars, growth sagsThe economic damage from the war in Ukraine is worsening across Europe as already-record inflation soars further and Germany faces a danger of recession because of its dependence on Russian energy.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Biden team considers a massive release of oil to combat inflationThe Biden administration is weighing up a plan to release roughly a million barrels of oil a day from U.S. reserves, for several months, to combat rising fuel prices and supply shortages following Russia’s invasion of Ukraine, according to people familiar with the matter. I'ᴍ sᴏ ᴄᴏᴍғᴏʀᴛᴀʙʟᴇ ᴍᴀᴋɪɴɢ ᴍʏ ᴡɪᴛʜᴅʀᴀᴡᴀʟs ғʀᴏᴍ MarkdonaldTowns ᴘʟᴀᴛғᴏʀᴍ, ᴛʜᴀɴᴋ ʏᴏᴜ ғᴏʀ ᴛʜɪs ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ʙʀᴏᴛʜᴇʀs ᴀɴᴅ sɪsᴛᴇʀs ʜᴇʀᴇ's ᴛʜᴇ ᴘᴇʀғᴇᴄᴛ ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ғᴏʀ ᴜs ᴀʟʟ ᴛᴏ ᴇᴀʀɴ. ᴄʜᴇᴄᴋ her ᴘᴀɢᴇ
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Russian isolation chills debt market for ex-Soviet neighboursRussia’s invasion of Ukraine risks sparking a wave of financial hardship and market losses from the Black Sea to the edge of the Himalayas.
Source: dailymaverick - 🏆 3. / 84 Read more »