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Tencent Music Entertainment Group

China stocks just had their best day in 16 years, sending related U.S. ETFs soaring

by Merchant Moller
China stocks just had their best day in 16 years, sending related U.S. ETFs soaring

A shareholder at a securities hall in Hangzhou, the capital of Zhejiang province in east China, on Sept. 24, 2024. Cfoto | Future Publishing | Getty Images China stocks rallied …

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A successful Reddit IPO would be bad news for the bull market

by Merchant Moller
A successful Reddit IPO would be bad news for the bull market

There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, …

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Tencent’s Riot Games division cuts 11% of staff to ‘create focus’

by Sipho Sepamla
Tencent’s Riot Games division cuts 11% of staff to ‘create focus’

Ma ”Pony” Huateng, chairman and chief executive officer of Tencent Holdings Ltd., speaks during the Guangdong-Hong Kong-Macao Greater Bay Area Forum in Hong Kong, China, on Tuesday, June 20, 2017. …

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U.S. pension funds heavily invested in China despite crackdown

by Merchant Moller
U.S. pension funds heavily invested in China despite crackdown

3d illustration flag of China. Close up waving flag of China. Aoraee | Istock | Getty Images U.S. proposals to clamp down on investments in China may be being undermined …

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Public gaming companies sit on $45 billion cash hoard, Konvoy says

by Merchant Moller
Public gaming companies sit on  billion cash hoard, Konvoy says

Gamers play the video game “Star Wars Battlefront II” during the “Paris Games Week” on Oct. 31, 2017. Chesno Publicly listed gaming companies are sitting on a $45 billion pile …

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F, SCHL, SQSP, DE and more

by Merchant Moller
F, SCHL, SQSP, DE and more

A visitor views a titanium hybrid 2020 Ford Escape FWD small SUV at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020. Chris Helgren | Reuters Check …

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