The New York Stock Exchange (NYSE) will delist the below three Chinese Telecom Companies according a Bloomberg news report: China Mobile (CHL) China Telecom (CHA) China Unicom (Hong Kong) Limited (CHU) The stocks will be delisted between January 7 and 11. Once delisted these stocks may move to the OTC markets. However it remains to …
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Stocks of electric vehicle makers are red-hot on Wall Street this year. While Tesla(TSLA) is the most popular of them all, other lesser known companies are also riding the bandwagon. China-based NIO(NIO) is one example. NIO’s traded under $4.00 in the beginning of the year. Yesterday it closed at $53.51 for a growth of 1,231.09%. …
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Source: Produced by The BBC via China Daily
China is one of the major economies in the world with a GDP of over $14.0 Trillion in 2019. Many of the developed countries depend on China for manufacturing goods cheaply and for selling high-value goods including luxury products. For instance, European luxury goods purveyors like LVMH Moet Hennessy Louis Vuitton SA(LVMUY), Kering (PPRUY), Compagnie Financière Richemont (CFRUY), etc. …
Continue reading ‘Economic Snapshot of China from an Australian Perspective’ »
The economy of China has grown significantly in the past few decades especially after the country entered the WTO in 2001. From 1949 thru 1980 the GDP per capita was mostly flat. To put it another way, China’s economy took off under the leadership of Deng Xiaoping. The following infographics shows some of the key …
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