China is cracking down on stocks that trade on U.S. exchanges. Here’s what it means if you hold them
China’s most powerful companies — including Didi, Alibaba and Tencent — are suddenly under immense scrutiny as country vows to crack down on domestic companies that list on U.S. exchanges. That move could upend a $2 trillion market loved by some of the biggest American investors. Beijing is stepping up its oversight on the flood of Chinese listings in […] Read more
China’s foreign ministry said on Monday it was still “processing” visa extension applications for several foreign correspondents affiliated with American media amid reports that more foreign journalists in China have been caught in the ongoing spat between Beijing and Washington. Hua Chunying, head of the Ministry of Foreign Affairs’ press department, tweeted in the afternoon […] Read more
