Team Hongkong Journalist - hongkong-journalist

Shares of China Based Funeral Company Are Surging As Covid Infection Spike

December 27, 2022
Team Hongkong Journalist
Markets

Covid And Share Price Of China Funeral Companies Are Soaring Simultaneously

During the Covid pandemic, shares of the most significant cemeteries operator and funeral services in China hiked to their highest level in more than one year. The share price...

December 27, 2022
Team Hongkong Journalist
Economy

China’s industrial profits collapse on COVID fallout, next year seen improving

China’s industrial firms’ profits were further exhausted in January-November as strict COVID-19-related curbs disrupted factory activity and supply chains. Still, analysts foresaw brighter long-term economic opportunities following a policy...

December 26, 2022
Team Hongkong Journalist
Banking and Finance

BOJ Kuroda shuns near-team chance of exit from easy policy

Japan, December 26 (Reuters) – Haruhiko Kuroda, governor of the Bank of Japan (BOJ), dismissed the possibility of a short-term shift away from the ultra-loose monetary policy on Monday...

Tesla shares slid nearly 9% on demand concerns, Elon Musk's Twitter distraction

December 23, 2022
Team Hongkong Journalist
Markets

Amid Elon Musk’s Twitter distraction, Tesla shares dropped nearly 9%

Tesla shares plummeted 9% yesterday, to their lowest level since October last year after the company’s stunted discounts on its electric vehicles since investors grew increasingly suspicious of Tesla’s...

December 23, 2022
Team Hongkong Journalist
Banking and Finance

The BOJ may begin tightening, says Goldman Sachs, but others disagree

The Bank of Japan may belatedly follow its global peers by adopting a tightening monetary policy, according to experts at Goldman Sachs, after the central bank unexpectedly increased its...

December 22, 2022
Team Hongkong Journalist
Markets

Tesla Bears Are Sitting on $15 Billion in Gains This Year

According to statistics from S3 Partners, speculators shorting Elon Musk’s electric vehicle manufacturer’s stock will be sitting on gains totaling $15 billion in 2022 after years of losing bets....

December 22, 2022
Team Hongkong Journalist
Markets

Stocks and bonds collapsed as Bank Of Japan’s surprise policy shift spooks investors.

Overview What it covers is… Global stocks and bonds sank on Wednesday as a surprise policy twist by Japan’s central bank flustered the investors who were already worried about...

December 21, 2022
Team Hongkong Journalist
Markets

Elon Musk explains Tesla shares downfall

News Highlights As shares at Tesla dropped by 8% on Tuesday, it hit a low after 52 weeks. Tesla’s CEO, Elon Musk, shifts the blame to macroeconomic factors. On...