DIRS.INFO The most relevant business & tech news

CNN —Ukrainian President Volodymyr Zelensky said he wants to work with countries like China with “influence on Russia” as his country faces a renewed Moscow offensive, urging Beijing to attend peace talks next month. Ahead of expected peace talks in Switzerland next month, Xi has called for negotiations that take both sides’ positions into account. Engaging global players like China is crucial because “they have influence on Russia, and the more such countries we have on our side… the more Russia will have to move and [more countries] to reckon with,” Zelensky said. Zelensky said he would like to see China at the international talks in Switzerland next month, aimed at paving the way for a peace process in Ukraine. Russia has not been represented at any of the four rounds of closed-door international peace talks that have taken place so far, and will not be at this one.

Persons: Volodymyr Zelensky, Russia ”, Zelensky, Xi Jinping, Vladimir Putin’s, Russia’s, Xi, ” Zelensky, Viola Amherd, Vladimir Putin, Sergei Bobylov, Switzerland Wang Shihting, Emmanuel Macron, Emmanuel Organizations: CNN, Beijing, AFP, Reuters, of, Getty, French Locations: China, Russia, Moscow, Beijing, Switzerland, Zelensky, Ukraine, Tiananmen, Saudi Arabia, Europe, Paris

☆ Drag queen Nymphia Wind performs at Taiwan’s presidential office
▼ + stars: | 2024-05-16 | by ( Christy Choi | Wayne Chang | ) edition.cnn.com time to read: +5 min

Taipei, Taiwan CNN —Taiwanese drag queen Nymphia Wind gave a riotous performance at Taiwan’s presidential office on Wednesday, celebrating her win on “RuPaul’s Drag Race” last month. Taiwanese drag queen Nymphia Wind shakes hands with Taiwan's outgoing leader Tsai Ing-wen. Taiwanese drag queen Nymphia Wind performs on May 15, 2024. Nymphia Wind attends "RuPaul's Drag Race" Season 16 finale screening at The Edge at Hudson Yards. Nymphia Wind and Jimbo onstage at the "RuPaul's Drag Race" season 16 finale screening event on April 19, 2024 in New York City.

Persons: Nymphia, Tsai Ing, Gaga’s “, Huang Fei’s “ Chase, Chase, ”, ” Nymphia, Tsai, Wang Yu Ching, Xi Jinping, Lai Ching, Taiwan’s, popstar, “, Sun, Sun Yat Sen, Santiago Felipe, Leo Tsao, that’s, Jimbo, ” Tsai Organizations: Taiwan CNN, Communist Party, Democratic Progressive Party, DPP, Facebook, Weibo, Sun Yat, Hudson Yards, Reuters Locations: Taipei, Taiwan, ” Taiwan, Beijing, Taiwanese, Asia, China, Taiwan’s, East, Santiago, West, New York City

☆ Young Thai activist’s death in detention after 65-day hunger strike sparks calls for justice reform
▼ + stars: | 2024-05-15 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +7 min

She had been in jail since January 26 and was awaiting trial, according to legal advocacy group Thai Lawyers for Human Rights. While in detention, Netiporn went on a 65-day hunger strike until April to protest the jailing of political dissidents without bail, the group said. Panu Wongcha-Um/Reuters/FileThe activist faced seven criminal cases, including two lese majeste charges. Those attending included Panusaya “Rung” Sithijirawattanakul, a fellow activist who also faces lese majeste charges for her involvement in the 2020 protests. At least 270 people have been charged with lese majeste during that time, the group added.

Persons: Thailand’s, ”, “, Netiporn, Thalu Wang, Thais, Panu, Panusaya, lese, Srettha Thavisin, Srettha, Strettha, Mongkol Thirakhot, majeste, Akarachai Chaimaneekarakate, Akarachai Organizations: CNN, ” Thailand’s Corrections Department, Thammasat University Hospital, Thai Lawyers for Human Rights, Thai Corrections Department, Bangkok Criminal Court, Thailand’s Ministry, Justice, Rights, United Nations Human Rights Council, European Union Locations: Bangkok, Thailand, Thai, lèse

☆ Putin to meet Xi in China as world convulses from global conflicts
▼ + stars: | 2024-05-14 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Pyongyang – which has an economy almost entirely dependent of China – is believed by Western governments to be aiding Russia with war supplies. Xi has ramped up his calls for Europe and other countries to help the world avoid a “Cold War,” suggesting they resist what Beijing sees as US efforts to contain China. They have also criticized Israel and the United States – converging with mounting global backlash, especially across the Global South against Israel’s war. The conflict has also impacted how China and Russia view their relations with countries there, he added. China “wants to use Russia” for its aims, but Russia is making China weak, he said.

Persons: Xi Jinping, Vladimir Putin, Putin, –, It’s, China –, Xi, France –, Jens Stoltenberg, Sergei Guneyev, ”, Li Mingjiang, Manoj Kewalramani, Russia doesn’t, Stringer, Gaza —, Sergey Lavrov, presser, Wang Yi, Israel, “, Privately, Shen Dingli, China “, Alexander Dugin, Donald Trump, Li Organizations: Hong Kong CNN, West, NATO, Forum, Singapore’s Nanyang Technological University, EU, Takshashila, Boys, Getty, United, Global, Shanghai Cooperation Organization, Russia, Weibo, Moscow, CNN Locations: Hong Kong, China, Russian, Gaza, Ukraine, Moscow, Washington, Iran, North Korea, Pyongyang, Russia, Tehran, Beijing, Europe, France, Serbia, Hungary, Bangalore, Rafah, AFP, Israel, United States, Kewalramani, South, Taiwan, Shanghai, Singapore

☆ China vows to take ‘all necessary actions’ in response to Biden’s tariffs
▼ + stars: | 2024-05-14 | by ( Wayne Chang | Mark Thompson | ) edition.cnn.com time to read: +2 min

Taipei/London CNN —Beijing says it will take “all necessary actions” to protect its rights as US President Joe Biden announced huge tariffs on imports of electric vehicles and other goods from China. “China opposes the unilateral imposition of tariffs which violate (World Trade Organization) rules, and will take all necessary actions to protect its legitimate rights,” Chinese foreign ministry spokesperson Wang Wenbin told reporters Tuesday in a regular press briefing shortly before the widely anticipated White House announcement. In addition to Chinese EVs, the increase in US tariffs will apply to imports of steel and aluminum, legacy semiconductors, battery components, critical minerals, solar cells, cranes and medical products. The new tariff for solar components will be 50%, while the remainder of the targeted imports will attract tariffs of 25%. Leaders from the Group of Seven developed economies will discuss how to protect their industries at a summit next month.

Persons: London CNN —, Joe Biden, Wang Wenbin, Biden, Wang, ”, ” Wang Organizations: London CNN, Trade Organization, European Locations: Taipei, London, London CNN — Beijing, China, United States, Europe, Beijing

☆ Biden to increase tariffs on $18 billion in Chinese imports in a new warning to Beijing
▼ + stars: | 2024-05-14 | by ( Kayla Tausche | ) edition.cnn.com time to read: +5 min

Washington CNN —President Joe Biden is increasing tariffs on $18 billion in Chinese imports across a handful of sectors deemed strategic to national security – an attempt to cripple Beijing’s development of critical technologies and instead prioritize US production. The increases will apply to imported steel and aluminum, legacy semiconductors, electric vehicles, battery components, critical minerals, solar cells, cranes and medical products. That same trade law also requires the effectiveness of such tariff programs to be evaluated every four years, and the Biden administration decision is the result of that study. “China can’t be the only country that produces clean technology for the world we need,” a senior administration official said. The Chinese government, Biden argued, is providing state money to Chinese steel companies to make more steel than the economy demands, pushing down the price and making it impossible for other companies to compete.

Persons: Joe Biden, “, ”, Lael Brainard, “ China’s, Donald Trump, Biden, Wang Wenbin, Trump, Janet Yellen, Antony Blinken, “ They’re, ” Biden, Sam Fossum Organizations: Washington CNN, White, National Economic Council, CNN, Biden, Trade Organization, Brookings Institute, United Steelworkers, Trump, China’s Ministry, Commerce Locations: China, Beijing, Europe, Brazil, Turkey, Pittsburgh, Midwest

☆ Stormy Daniels’ attorney says Daniels wore a bulletproof vest to and from court
▼ + stars: | 2024-05-13 | by ( Serenitie Wang | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ ‘I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes
▼ + stars: | 2024-05-13 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

As is common in China, the apartment complex in Tianjin sold the units before they were completed. Their concerns are just one example of the wider challenges that persist in pockets of China's property sector. Following early efforts to recoup their money or to garner information about their property purchases, a few buyers said police visited their homes, sometimes in the middle of the night. "I feel like I've been tricked this whole time," one buyer said in Mandarin, translated by CNBC. In all, Nomura estimated late last year that there are around 20 million unconstructed and delayed pre-sold homes in China.

Persons: Wu Qing, Fred Dufour, I've, Dan Wang, Evergrande, Nomura Organizations: Afp, Getty, BEIJING, CNBC, Hang Seng Bank Locations: Tianjin, Beijing, China

☆ Chinese Woman Jailed for Reporting on Covid Set to be Freed
▼ + stars: | 2024-05-13 | by ( Vivian Wang | ) www.nytimes.com time to read: +1 min

But in a sign of how eager the Chinese government remains to suppress public discussion of the outbreak, it was unclear on Monday evening whether Ms. Zhang, 40, had actually been set free. The lawyer who represented Ms. Zhang during her trial, Zhang Keke (the two are not related), said he could not reach her mother all day. The group, which gave Ms. Zhang a press freedom award in 2021, noted that journalists released from imprisonment in China are often kept under surveillance. Ms. Zhang was an early symbol of the mistrust that many Chinese harbored toward the government’s handling of the outset of the pandemic, and the hunger they had for unfiltered information. A former lawyer from Shanghai, she traveled in early 2020 to Wuhan, the city where the virus was first detected, as a self-styled citizen journalist.

Persons: Zhang Zhan, Zhang, Zhang Keke Locations: China, Shanghai, Wuhan

☆ Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected
▼ + stars: | 2024-05-13 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

Open to allIt's unclear why the NRF rejected Shein's membership application, but according to one of the people familiar, someone with sway is strongly against the company's admittance. The NRF's board has a leadership team and an executive committee. An NRF membership application form that can be found online states: "Companies principally engaged in retailing are eligible for membership in the Federation." Two of the board members said they weren't aware of any instances where the NRF denied a retailer membership. "I don't think they are in the business of turning anyone down," one of the board members told CNBC.

Persons: Scott Olson, Matthew Shay, Courtney Reagan, CNBC Steve Dennis, Neiman, Sears, Dennis, Shein, John Furner, Bob Eddy, Mike George, Brian Cornell, Tony Spring, wasn't, Wang Ying, Ashley Sanchez, Joscelin Flores, Allen J, They've, Temu, it's Organizations: Getty, National Retail Federation, CNBC, Neiman Marcus, New York Stock Exchange, Shay, Walmart U.S, BJ's Wholesale, Qurate, QVC, Federation, Brands, Publicis Groupe, Coresight, Xinhua News Agency, Forum, World Retail, Los Angeles Times, Chinese Communist Party Locations: Whitestown , Indiana, New York City, America, U.S, New York, United States, Hamburg, Germany, Los Angeles, Paris, Davos, Switzerland, Las Vegas, Shoptalk, Fontana, Ontario Mills, Ontario

☆ Apple, Tesla and Starbucks struggle in China’s economic slump after making a fortune for decades
▼ + stars: | 2024-05-13 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —For decades, Western companies made a fortune betting on the inexorable rise of the Chinese consumer. Now an economic slump and the emergence of ferocious local competitors means those bets look less safe as price wars erupt. Tesla’s China market share shrank to 4% in April, almost halving from 7.7% in March, according to data released by the China Passenger Car Association on Friday. In the 1990s, “every company in the West” was hiring consultants and having boardroom meetings about how to do more in China, according to Stevenson-Yang. He added that he continues to feel optimistic about the Chinese market in the long term.

Persons: ”, Anne Stevenson, Yang, Stevenson, aren’t, Yang Wang, Kevin Frayer, Tim Cook, iPhones, Cotti, Luckin, Belinda Wong, “, McDonald’s, Wallace Organizations: Hong Kong CNN, China Passenger Car Association, J Capital Research, EV, Apple, Starbucks, Counterpoint Research, Macao —, Huawei, China Academy of Information, Communications Technology, Luckin Coffee, McDonalds, KFC, Burger Locations: China, Hong Kong, Shanghai, United States, Germany, Brazil, Beijing, Greater China, Taiwan, Macao, Starbucks China, Dominos, India

☆ China's macro backdrop still points to an overall 'rangebound' market, says JPMorgan
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's macro backdrop still points to an overall 'rangebound' market, says JPMorganJulia Wang, executive director and global market strategist at JPMorgan Private Bank, says the "stability from the manufacturing side hasn't really found its way into the rest of the economy."

Persons: Julia Wang Organizations: JPMorgan Private Bank

☆ Sitcom star revives character to reflect on show’s cultural legacy
▼ + stars: | 2024-05-09 | by ( Serenitie Wang | ) edition.cnn.com time to read: 1 min

☆ As Social Security's funds face insolvency, experts say these are key factors to watch
▼ + stars: | 2024-05-08 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Phoenix Wang | Moment | Getty ImagesA new Social Security trustees report released on Monday provides a modest bright spot for the program. watch nowThe trust fund shortfall may be addressed through tax increases, benefit cuts or by taking funds from general revenues, he said. But Social Security is poised to be an issue in the upcoming House, Senate and presidential campaigns, he said. Here are some key revelations to note from this year's Social Security trustees report. If there is a major recession, many workers who are at the margin may apply for disability benefits, he said.

Persons: Wang, Jason Fichtner, Fichtner, Max Richtman, Laura Haltzel Organizations: Social Security, Center, Committee, Budget, National Committee, Preserve Social Security, Social, Congressional Research Service

☆ Your Neighbors Are Retiring in Their 30s. Why Can’t You?
▼ + stars: | 2024-05-07 | by ( Amy X. Wang | ) www.nytimes.com time to read: +2 min

Even before he really knew what it meant, Allen Wong wanted to be rich. What “rich” seemed to dangle was something simpler, more elementary, more a feeling than anything else: freedom from pain. “I didn’t want to be absent from my family and only show up a few hours each day after work. Wong’s father was ousted from his business, sank into a depression and committed suicide; his mother tripped down a spiral of mental illness. Suddenly, Wong’s entry-level computer programming job was the household’s only source of income, and there was a world financial crisis going on.

Persons: Allen Wong, Wong, “, ”, Wong’s, doggedly Organizations: Lamborghini Locations: Guangzhou, Hong Kong, New York City, Chinatown

☆ Video: Geoff Duncan on why he’s voting for Biden
▼ + stars: | 2024-05-06 | by ( Serenitie Wang | ) edition.cnn.com time to read: 1 min

☆ U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
▼ + stars: | 2024-05-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

China was once a profit engine for GM, and its top sales market from 2010 to 2023. GM revealed several vehicles last week in China, including plug-in hybrid versions of its Buick GL8 minivan, a best-seller in China, and the Chevrolet Equinox crossover. "We think clearly that market has shifted and the landscape has shifted … with the capability of the Chinese [automakers]," Barra said. But it has had to aggressively cut prices to compete against Chinese automakers such ay BYD, Nio and others. Stellantis CEO Carlos Tavares earlier this year called Chinese automakers his company's "No.

Persons: Mary Barra, Jeff Kowalsky, we're, Barra, Paul Jacobson, GM wasn't, John Murphy, Michael Dunne, Dunne, Mark Fulthorpe, They'll, they've, Tesla, lockdowns, Elon Musk, Tingshu Wang, Reuters Tesla, Morgan Stanley, Adam Jonas, Musk, Junheng Li, Stellantis, Carlos Tavares, Zhu Jiangming, We've, We're, Ford, John Lawler, Lawler Organizations: General Motors Co, Bloomberg, Getty, General, GM, U.S, Chevrolet, SAIC, GM Pan, Asia Automotive Technology Center, Nurphoto, PSA Groupe, Chrysler, EVs, GM's, Buick, Wuling Motors, Motors, Bank of America Securities, China, Hummer, Durant Guild, America's, Detroit, P Global Mobility, Ford Motor, Tesla, Reuters, EV, Baidu, Warren Capital, Ford, Guangzhou Automobile Group, India & Asia, Lincoln, Lincoln Nautilus Locations: Detroit , Michigan, China, Barra, Beijing, Asia, Shanghai, Russia, India, Thailand, Australia, North America, South Korea, Brazil, Europe, GM's U.S, Qingdao, East China's Shandong, Indonesia, U.S, Nio, Greater China, South America

☆ Asia stocks track Wall Street gains as softer-than-expected U.S. jobs data fuels rate cut hopes
▼ + stars: | 2024-05-06 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

China's and Australia's flags are seen on the tables where China's Foreign Minister Wang Yi and Australia's Foreign Minister Penny Wong held their bilateral meeting at Parliament House in Canberra on March 20, 2024. Asia-Pacific markets tracked Wall Street gains on Monday as a softer-than-expected U.S. jobs report fueled hopes that the Federal Reserve could start cutting rates soon. Investors, meanwhile, awaited the Reserve Bank of Australia's rate decision on Tuesday and China's April trade data on Thursday. ING said in a note last week that the RBA meeting was "worth watching closely," adding that recent inflation data from Australia showed growth in prices was starting to accelerate. However, the analysts said Australia's inflation data was better than they had expected, and compared to the US, the country's economy had slowed more with the labor market softening substantially.

Persons: Wang Yi, Penny Wong Organizations: House, Wall, Federal Reserve, Investors, Reserve Bank, ING, Global Locations: Canberra, Asia, Pacific, Australia, Hong Kong, China, India, Japan, South

☆ Video: Gov. Kristi Noem suggests that Biden’s dog should suffer a similar fate to the working dog she shot on her farm
▼ + stars: | 2024-05-05 | by ( Serenitie Wang | ) edition.cnn.com time to read: 1 min

☆ China’s Xi is visiting Europe for the first time in five years – his goodwill tour will be an uphill struggle
▼ + stars: | 2024-05-04 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Major breakthroughs with China’s toughest critics will be hard to come by unless Xi is ready to make surprise concessions. And the trip could instead serve to underscore divisions – not only between Europe and China – but those within Europe that could play to China’s favor, analysts say. Chinese President Xi Jinping and French President Emmanuel Macron visit a garden in Guangdong during Macron's state visit to China last April. Putin has said he plans to visit China this month, according to Russian state media. Xi may also look to highlight Chinese investments in both Belgrade and Budapest in a message to the rest of Europe.

Persons: Xi Jinping, Andrea Bocelli, –, Xi, China –, ”, Noah Barkin, Hungary –, Ursula von der Leyen, Emmanuel Macron, Von der Leyen, Olaf Scholz, Chong Ja Ian, “, Chong, Jacques Witt, China’s, Macron, Russia …, Wang Yiwei, Vladimir Putin, Putin, Aleksandar Vučić, Viktor Orban – Organizations: CNN, European Union, Ukraine, German Marshall Fund of, EU, “, National University of Singapore, Getty, Beijing’s Renmin University, NATO, Reuters, EV Locations: China, Italy, France, Germany, United Kingdom, Russia, “ China, Europe, Berlin, United States, Serbia, Hungary, Beijing, Paris, “ France, North America, Guangdong, Ukraine, Switzerland, Barkin, “, Belgrade, Budapest, Balkans, Balkan

☆ Gold set for second weekly fall; U.S. payrolls on investors' radar
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: +2 min

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls data that could provide cues on the Federal Reserve's rate cut timeline. Spot gold held its ground at $2,306.84 per ounce by 0457 GMT but lost more than 1% this week. Softer U.S. payrolls print could provide support for gold but a better report may weigh on prices, Wong added. The non-farm payrolls report is due at 1230 GMT.

Persons: Christopher Wong, Wong, Wang Tao, Fawad Organizations: Co, U.S ., Fed, City Index Locations: Bangkok, Thailand, Egypt, Israel

☆ Guo Wengui chief of staff Yvette Wang pleads guilty to $1 billion fraud conspiracy in New York
▼ + stars: | 2024-05-03 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Fugitive Chinese billionaire Guo Wengui hold a news conference on November 20, 2018 in New York, on the death of of tycoon Wang Jian in France on July 3, 2018. The chief of staff to controversial exiled Chinese businessman Guo Wengui pleaded guilty in New York on Friday to a fraud conspiracy that swindled more than $1 billion from hundreds of thousands of victims around the world, prosecutors said. Yvette Wang's plea came weeks before the 53-year-old Guo is set to stand trial in Manhattan federal court for related charges. Wang was scheduled to stand trial with Guo in that case before her plea. She faces a maximum possible sentence of 10 years in prison for the charges of conspiracy to commit wire fraud, and conspiracy to commit money laundering.

Persons: Guo Wengui, Wang Jian, Yvette Wang's, Guo, Wang, Steve Bannon, Damian Williams Organizations: Trump White House, Manhattan U.S Locations: New York, France, Manhattan, United States

☆ Top aide admits to $1 billion fraud conspiracy ahead of Chinese mogul's trial
▼ + stars: | 2024-05-03 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

A former aide to Chinese billionaire Guo Wengui has pleaded guilty to fraud. Yvette Wang admitted to conspiracy weeks before her ex-boss is set to stand trial. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYvette Wang, a former aide to indicted Chinese billionaire Guo Wengui, pleaded guilty to fraud, federal prosecutors said Friday.

Persons: Guo Wengui, Yvette Wang, Guo, —, Wang, William Je Organizations: Service, Department of Justice, Business

☆ The No. 1 skill companies are hiring for is also the hardest to find, according to new research
▼ + stars: | 2024-05-03 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

"A strong work ethic" is the top skill companies are looking for in new hires, but is one of the hardest to find, according to new research from ADP. As part of its research, ADP surveyed more than 1,500 business owners, senior leaders and hiring managers about their hiring plans and priorities in 2024. Even as conversations about the importance of technical upskilling reach a fever pitch, soft skills emerged as the clear winner. "A strong work ethic" is a nebulous term. As artificial intelligence integrates more into the workforce, soft skills, or people skills, are invaluable assets to professionals, the report notes.

Persons: Tina Wang, Upskilling, Wang, Bert Bean Organizations: ADP, CNBC, Insight, Testing, LinkedIn

☆ China hedge fund Pinpoint is bouncing back in 2024 after years of poor performance
▼ + stars: | 2024-05-02 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

Pinpoint Asset Management is a Hong Kong-based hedge fund with offices in Shanghai and Singapore. According to HSBC's Hedge Weekly report, the firm's China fund gained more than 2% through the first two weeks of April to bring its year-to-date returns to just under 8%. The firm's multi-strategy fund was up 1.8% for the month through April 15, to bring its 2024 gains to 6%. The China fund had a run of poor performance given the country's economic slowdown. The performance so far in 2024 has beaten out other funds focused on the region — Hedge Fund Research's China index was up just 0.43% through the end of March.

Persons: —, Wang Qiang Organizations: Service, HSBC's, HSBC, Citadel Locations: Hong Kong, Shanghai, Singapore, China, Asia

Search resuls for: "WANG"

25 mentions found