News Formal

Rivals Reap Rewards as China’s Monster Money-Market Fund Shrinks

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Chinese regulators put the squeeze on the world’s largest money-market fund, and a dozen other funds benefited

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Interesting

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

China’s Monster Money-Market Shrinks and Rivals Reap RewardsBeijing is forcing the world’s largest money-market fund, Ant Financial’s Tianhong Yu’e Bao, to shrink, creating a bonanza for the dozen other money-market funds that Ant has added to its investment platform. “Samsung and SK Hynix, the biggest makers of the memory chips used in mobile devices...$60 billion of investments in facilities...Artificial intelligence, Internet of Things and autonomous driving are among uses for memory...Chinese firms also expanding rapidly...”. Over Supply?
Källa: WSJ - 🏆 98. / 63 Läs mer »

Stocks mixed | US and China talk trade | Apple trolls rivalsU.S. stock futures were mixed as trade talks between Chinese and U.S. officials continue in Beijing.
Källa: CNBC - 🏆 12. / 72 Läs mer »