Yuan "Death Crosses" As Default Wave Forces Chinese Banks To Raise Capital
According to survey data by Bank of America Merrill Lynch, stretching back to 2009, investors have never been so bearish of Asian bonds in history. Investors see China's .....»»
China Puts Yuan Skeptics on Notice as Currency Nears Decade Low
After a nearly 7% selloff this year, the yuan is at the brink of hitting 7 per dollar, a threshold that could trigger further selling if Chinese businesses and individuals decide they need to expatriate capital before any further decline......»»
Chinese Yuan Tumbles To New Cycle Low Amid Signs Of Capital Outflows
 As Chinese markets began to wake, yuan just broke below 6.98/USD for the first time in this downswing, despite PBOC liquidity withdrawals sending m.....»»
E-Commerce Newcomer Pinduoduo Hopes To Raise $1 Billion
Chinese e-commerce newcomer Pinduoduo Inc (NASDAQ: PDD) seeks to finance an operational expansion by raising $1 billion. The company's filing with the SEC said that it plans to sell 37 million shares to raise necessary capital. read more.....»»
Exclusive: Billionaire Penny Pritzker Joins Forces With Alexa von Tobel to Raise New $200M Fund
The duo will raise an early-stage venture capital fund called Inspired Capital Partners.....»»
China"s CDH targets raising $1 billion in venture capital arm: sources
China's CDH Investments is aiming to raise nearly $1 billion in dollar and yuan funds through its venture and growth capital arm to invest in sectors including healthcare and logistics, said people with direct knowledge of the matter......»»
Report: Tesla lining up about $2B in loans for Shanghai Gigafactory
A report from equity research firm JL Warren Capital says that Tesla is lining up around $2 billion in loans from Chinese banks to build out its Shanghai Gigafactory......»»
Chinese Have "Grabbed Gold By The Throat" As Capital Flight Accelerates
Chinese Have "Grabbed Gold By The Throat" As Capital Flight Accelerates “Chinese spe.....»»
The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world
The US is drafting sanctions on Chinese lenders that facilitate trade with Russia, which is feared to be helping Moscow's war efforts. U.S. Secretary of State Antony Blinken shakes hands with Chinese President Xi Jinping in the .....»»
The US is weighing using the power of the dollar to stop Chinese banks aiding Russia — but its plan could backfire
The US is drawing up plans to cut Chinese banks off fro the global financial system, according to The Wall Street Journal. A Chinese flag flies near buildings in the central business dis.....»»
Yuan Weakens After "Unbalanced" Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint
Yuan Weakens After 'Unbalanced' Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint China’s economic growth beat expectations in Q1, rising +5.3% YoY - considerably.....»»
Citation Capital looking to raise biggest inaugural private equity fund in Texas history
Citation Capital, led by a former BD.....»»
Lordstown Motors needs more capital to meet electric truck launch goals
Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»
Cryptos: Why China’s digital yuan is ‘largest threat to the West’ in past 30 or 40 years, according to Kyle Bass
Kyle Bass, chief investment officer of Hayman Capital Management, says that the biggest threat to the West is the advent of the digital yuan, which he has described as a Trojan Horse that could undermine Western developed countries......»»
Bitcoin falls 7% after China reportedly bans banks from cryptocurrency business
Three Chinese industry bodies warned investors about the speculative nature of cryptocurrencies, adding that they "are not supported by real value." Cesc Maymo/Getty Images Bitcoin&.....»»
Only fear of death is holding back a wave of tenant evictions - but that will pass soon
The federal judge who temporarily kept the CDC's eviction ban in place cited the .....»»
AMC Entertainment CEO says $428M capital raise to immediately fortify liquidity
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
United Community Banks announces acquisition of FinTrust Capital Partners
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
No business leader can ignore America"s cruel, racist death penalty. People expect the private sector to take a stand.
Ex-Unilever CEO Paul Polman argues people expect businesses to take stands. Opposing capital punishment is a way to honor vows to be ethical, he writes. Police officers gather to remove activists during an anti death penal.....»»
Marked-to-Marxist: Weighting Chinese Stocks
Marked-to-Marxist: Weighting Chinese Stocks Authored by Nick Schmitz via Verdad Capital The three largest economies by GDP are the US, China, and Japan. These are .....»»
Lufthansa targets $3.7B capital raise to repay bailout, Reuters reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»