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Tag: Chinese stocks

European Stocks Futures Gain Before US Jobs Data: Markets Wrap

European Stocks Futures Gain Before US Jobs Data: Markets Wrap

October 3, 2024October 3, 2024 · Business

(Bloomberg) — European and US stock futures gained in line with Asian equities ahead of US jobs data that will identify the path ahead for interest rates. An…

Read more European Stocks Futures Gain Before US Jobs Data: Markets Wrap
China Rally Spurs  Billion Loss for Shorts of US-Listed Stocks

China Rally Spurs $7 Billion Loss for Shorts of US-Listed Stocks

October 1, 2024October 1, 2024 · Business

(Bloomberg) — The dramatic stimulus-fueled rally in Chinese stocks has cost traders betting against US-listed shares roughly $6.9 billion in mark-to-market losses, according to a report from S3…

Read more China Rally Spurs $7 Billion Loss for Shorts of US-Listed Stocks
‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.

‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.

September 26, 2024September 26, 2024 · Business

Famed “Big Short” investor Michael Burry is benefiting from the recent surge in Chinese stocks. Burry’s Scion Asset Management has nearly half of its portfolio invested in Chinese…

Read more ‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.
Chinese Stocks on Verge of Five-Year Low as Recovery Hopes Fade

Chinese Stocks on Verge of Five-Year Low as Recovery Hopes Fade

September 9, 2024September 9, 2024 · Business

(Bloomberg) — Chinese stocks are on the brink of falling to a five-year low seen in February as bearish sentiment grips the market amid a lack of earnings…

Read more Chinese Stocks on Verge of Five-Year Low as Recovery Hopes Fade
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