Xi Jingping

China: Corporate debt crisis spreads/Zhongwang: suspended in stock sector & fraud conviction in U.S.

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China Zhongwang Holdings Limited is known as the “King of Aluminum in Asia.” On October 15th, China Zhongwang suddenly announced its subsidiaries “had suffered significant losses and operational difficulties. Despite efforts from various parties, they are unable to solve the current problems on their own.” The two subsidiaries mentioned are the primary companies of the … Read more

What is in Xi's mind? China's stock sector faces a looming disaster: Cracked down by China and U.S.

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China concept equities are a series of equities whose main resources or revenues of companies are located in mainland China. This past week, prices of China concept equities listed in the U.S. and Hong Kong plummeted due to a regulatory storm by the Chinese government. As of July 29, the NASDAQ Golden Dragon China Index … Read more