How to Bottom Fish for Chinese Stocks in 2024

[ad_1] Chinese stocks did badly in 2023. And in 2022. And in 2021. Will this year finally be the year for a sustained rebound? With China’s property sector woes unresolved,…

UnitedHealth Group to Sell Operations in Brazil

[ad_1] UnitedHealth Group has agreed to sell its operations in Brazil to a private investor. The healthcare and insurance company disclosed Friday that it expects to close the sale in…

Evergrande Auto’s Investment Agreement With Dubai Automaker Lapses

[ad_1] Updated Jan. 1, 2024 9:26 pm ET China Evergrande New Energy Vehicle said an agreement for a Dubai-based automaker to subscribe to its shares has expired, raising fresh doubts…

The Corporate Retreat From Hong Kong Is Accelerating

[ad_1] International companies began trickling out of Hong Kong a few years back, uneasy about the financial hub’s tightening ties to mainland China. That first smattering of departures is now…

China Removes Videogame Official After Planned Curbs Triggered Market Rout

[ad_1] SINGAPORE—Beijing removed a key official overseeing China’s videogame industry, days after authorities proposed curbs that wiped tens of billions of dollars off the market value of Chinese game companies.…

Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses

[ad_1] Updated Jan. 3, 2024 12:01 am ET A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans, showing…

Tesla Falls Behind China’s BYD in Quarterly EV Sales for First Time

[ad_1] Updated Jan. 2, 2024 3:32 pm ET Chinese automaker BYD for the first time topped Tesla as the world’s largest seller of electric vehicles on a quarterly basis, a…

Behind Cheap Stuff From Shein and Temu: A Hard Bargain With Suppliers

[ad_1] Updated Jan. 3, 2024 12:03 am ET SHENZHEN, China—E-commerce sellers Shein and Temu are offering a lifeline for small suppliers in China’s manufacturing hubs—but it isn’t always a straightforward…

Walmart Goes All In on Africa

[ad_1] Sept. 11, 2023 7:00 am ET JOHANNESBURG—Walmart’s investment in Africa tanked. It is responding by doubling down. More than a decade ago, Walmart spent $2.4 billion to buy a…

Maersk Pauses Transit Through Red Sea Until Further Notice After Attack on Ship

[ad_1] Danish shipping giant A.P. Moeller-Maersk said it will pause all transit through the Red Sea and Gulf of Aden until further notice following the attack on its vessel Maersk…