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China rout sends Wall Street reeling

... iday. The Nasdaq Composite dropped 179.79 points, or 3.82 percent, to 4,526.25, also in correction. Preliminary data from BATS Global Markets show that there were 1,287 trading halts on US stock excha ...More

EJ Insight2015-08-25

Samsung plans US listing of biotech affiliate

South Korea's Samsung group will make its first foray into the US stock markets through a Nasdaq listing of a biotechnology affiliate, the Wall Street Journal reported.  The group plans to list Samsun ...More

EJ Insight2015-08-21

China worries prompt fresh selloff in global stock markets

... year. The Nasdaq Composite index dropped 2.82 percent to 4,877.49, its biggest daily percentage drop since April 10 last year. Commodity plays came under fresh pressure on worries about weak Chinese d ...More

EJ Insight2015-08-21

Currency war fears ease after China pledge

... 9 and the Nasdaq Composite was down 10.83 points, or 0.2 percent, at 5,033.59. The pan-European FTSEurofirst index of leading 300 blue chips rose 0.9 percent, while the MSCI's broadest index of Asia-P ...More

EJ Insight2015-08-14

Xiaomi: From one of China's hottest firms to yesterday’s news

... or Apple (Nasdaq: AAPL). There's really not much more to say about this news since it's been discussed for a while. But the fact that Xiaomi is having to rely on such small developments to make headli ...More

EJ Insight2015-08-12

Renminbi devaluation clobbers markets

... 4.07. The Nasdaq Composite dropped 1.27 percent to 5,036.79. Oil prices declined as dollar-priced commodities became more expensive, weighing on demand. US crude CLc1 fell more than 4 percent to US$43 ...More

EJ Insight2015-08-12

Why long-term investors don't bother with the market slump

... ents. The NASDAQ index has surpassed its 2000 peak, so is there room for further upside? Investors may have underestimated the changes brought by Google, Facebook and Amazon. Insurance and brokerage p ...More

EJ Insight2015-07-29

China investors should take a look at global stocks

... ushed the Nasdaq index to a record high. Google soared by 16.3 percent within a single day, bolstered by strong revenue growth from mobile ads and YouTube business units. The company is poised to keep ...More

EJ Insight2015-07-22

Facebook fastest to hit US$250 bln, beating Google by six years

... ocks. The NASDAQ Internet Index has almost doubled since Facebook went public. “When you see stocks with these high multiples, it shows you the market’s comfort in the longer-term growth story,” said ...More

EJ Insight2015-07-14

Are foreign investors deliberately driving down A shares?

... contrast, NASDAQ has a forward P/E ratio of 22.2 times and the Russell 2000 about 27.7 times. The US healthcare sector’s forward P/E ratio is 18.5 times while the biotech sector is an expensive 51.19 ...More

EJ Insight2015-07-04

What’s next on the menu after McDonald’s Taiwan pullback?

... ares. The Nasdaq-listed shares have been in the doldrums after their 2011 peak. Restaurant sales reached US$27.4 billion last year, a mere 1.5 percent growth from three years ago, while net profit plu ...More

EJ Insight2015-06-26

More Nasdaq-listed China firms seen returning home

More Nasdaq-listed Chinese firms are likely to unwind their Variable Interest Entity (VIE) structure and list themselves on China's New Third Board (NTB) in the second half of this year, according to ...More

EJ Insight2015-06-04

Why US-listed Chinese companies are heading home

... traded on NASDAQ until it delisted two years ago. 3SBios is not the only company that is beating a path back to China. In fact, many US-listed Chinese companies are planning a return to the mainland m ...More

EJ Insight2015-06-03

Stock Connect raises odds for Didi Kuaidi to pick HK for IPO

... ina's own Nasdaq-style ChiNext market has become fertile ground for these companies. Many are trying to follow the example of the board's most valuable player, online video superstar LeTV (300104.CN), ...More

EJ Insight2015-05-26

Tax scare wanes over Yahoo plan to spin off Alibaba stake

... $42.73 on NASDAQ on Wednesday. It fell US$3.38 on Tuesday, wiping more than US$3 billion off its market value after a US Internal Revenue Service (IRS) official said it may consider a change to its sp ...More

EJ Insight2015-05-21

Shanghai gears up new market for start-ups

Shanghai is gearing up for the launch of a market for small, innovative companies this year. That will allow the Shanghai Stock Exchange to compete with the wildly successful NASDAQ-style start-up boa ...More

EJ Insight2015-05-20

What's better than a raise?

...  riding a NASDAQ bull run. Interestingly, the United States does not have statutory holidays but most employees get between six and 20 days of annual leave. Russia leads the world with 28 days and mos ...More

EJ Insight2015-05-15

Chinese stocks: lots of froth, but where's the coffee?

... he median Nasdaq tech stock, which is 19 times). There are exceptions, the newspaper points out. Banks, which make up more of the Shanghai market, are still priced for bad news. And Shenzhen-listed c ...More

EJ Insight2015-05-12

Nasdaq to use bitcoin technology to streamline transactions

Nasdaq will start using the bitcoin's "blockchain" technology to streamline transactions on the stock market, Financial Times reported. Blockchain, which powers the bitcoin virtual currency, validate ...More

EJ Insight2015-05-12

How Charles Li made a tidy HK$38 mln in two weeks

... cutive of Nasdaq OMX Group, earned US$13.8 million in total compensation in 2013, the latest year for which data is available. Jeffrey Sprecher, head of the New York Stock Exchange, was paid US$18 mil ...More

EJ Insight2015-04-14

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