Category: the New York Stock Exchange

Stock Market Today: Wall Street Jumps, and Its Winning Streak Kicks Into a Higher Gear

June 15, 2023
Business & MarketsMarketsstocksthe New York Stock ExchangeWall Street
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NEW YORK—Stocks swept higher Thursday, revving the longest rally for Wall Street in a year and a half into a higher gear. The S&P 500 rallied 1.2 percent to reach heights untouched since April 2022. The Dow Jones Industrial Average climbed 428 points, or 1.3 percent, while the Nasdaq composite rose 1.1 percent. Homebuilder Lennar…

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China Sees Wave of Large Private Companies Broken Up, Listed on Stock Exchanges

April 6, 2023
AlibabaAlibaba's IPOAsia & PacificBusiness & MarketsChinaChina Business & EconomyChina's economic policieschinese economic downturnChinese RegimeHK BusinessHong KongHong Kong Stock Exchangeinitial public offeringJack MaJD.comjingdongMarketsNYSErecessionSocial Issuesstocksthe New York Stock ExchangeUS-China relationsWorld
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Several large Chinese companies have recently been restructured for listing on the stock exchange, with most of them privately owned. Days after Alibaba’s restructuring was announced, Jingdong (JD.com), another Chinese e-commerce platform, announced on March 30 that its sub-companies JD Industrial and JD Production and Development will be spun off and listed on the Hong…

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Beijing’s Tight Control Over China’s Economy Creates Uncertainty for Foreign Investors

January 10, 2022
AnalysisChinaChina Business & EconomydelistOpinionthe New York Stock ExchangeThinking About ChinaViewpoints
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News Analysis In light of Xi Jinping tightening his control over China’s economy, investing in Chinese stocks is risky. One never knows where or how Beijing will involve itself in the economy, but government intervention is inevitable and unopposable. Investment guru Jim Cramer said that the Chinese Communist Party (CCP) is a “wild card.” He…

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