Beijing gave CATL lavish subsidies, a captive market of buyers and soft regulatory treatment, helping it to control a crucial technology of the future.
Tag: Stocks and Bonds
China Evergrande Has Defaulted on Its Debt, Fitch Says
A ratings agency’s declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand of Beijing.
Didi of China Moves to Delist From New York Stock Exchange
The ride-hailing giant made an abrupt shift as officials in Washington and Beijing have grown increasingly skeptical of Chinese corporate access to Wall Street’s money.
Stocks and Oil Drop Amid New Coronavirus Variant
Stocks and oil futures slumped, while investors sought safety in government bonds.
Stocks and Oil Drop Amid New Coronavirus Variant
Stocks and oil futures slumped, while investors sought safety in government bonds.
Stocks and Oil Drop Amid New Coronavirus Variant
Stocks and oil futures slumped, while investors sought safety in government bonds.
India’s Stock Market is Soaring, Luring Investors at Home and Abroad
The second-most populous country is enjoying some of the world’s strongest stock market returns. Pro-growth policies and gnawing questions about China have helped.
Paytm’s Parent Company, One97 Communications, Goes Public
One97 Communications, the app’s parent company, has drawn interest from institutional investors as online shopping in India expands.
China Evergrande Makes Payment to Dodge Default, Media Says
The troubled real estate giant faced the threat of default if it didn’t meet its obligations to foreign bondholders by Saturday.
China Evergrande’s Shares Are Halted as Doubts Swirl
The property giant, which cited a pending “major transaction,” owes billions. Investors worry that a collapse could hit broader markets.