BEIJING (AP) — More than two dozen companies in China are postponing initial public offerings and security companies are pledging more than $19 billion for a fund to stabilize the country’s free-falling stock market.The 28 companies, which had obtained permission from China’s securities watchdog for IPOs planned in Shanghai and Shenzhen, said they would postpone them due to recent market […]
Related MEDEarnings Scheduled For May 7, 2015Morning Market LosersMedifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, announced today that President & Chief Operating Officer, Margaret Sheetz, has adopted an individual stock trading plan. The trading plan is designed to comply with Rule 10b5-1 under the Securities Exchange […]
Get ready for tighter China margin-trading rules
Author: Asia Unhedged June 5, 2015Asia UnhedgedChina, crowd funding, margin trading rules, stocksChina’s securities regulator said it is amending margin-trading and short-selling rules. It’s just not telling us when.Zhang Xiaojun, a spokesman for the China Securities Regulatory Commission, made the comments at a weekly news conference. He did not elaborate, reported Reuters. Zhang also […]
Money Murder Mystery: Who Killed the Stock Market?Stock-Markets / Stock Markets 2015May 25, 2015 – 10:12 AM GMTBy: Money_MorningShah Gilani writes: Liquidity, the “life blood” that allows the world’s capital markets to function, has been murdered.Liquidity was choked violently in the bond market by the gloved hands of its erstwhile babysitter – the broker-dealers- but it bled to death in […]
Online retail marketplace Overstock.com has purchased a 25 percent stake in PRO Securities, following its earlier announcement to offer a stock that works on the Bitcoin technology.In April, the Patrick Byrne-led online retail giant had filed a prospectus with the Securities and Exchange Commission indicating that a stock offering may be in the offing using the technology behind the digital […]
Indexes posted moderate gains Monday as a mixed morning led to afternoon buying; that is the pattern one wants to see. The S&P 500 gained 0.30% and the NASDAQ 0.60% as news flow was very light. For the year the S&P 500 is 3.4% higher and the NASDAQ is up 7.2% – but it has not been easy sledding in […]
“That’s a high-profile move. That could make people concerned,” said Steve Massocca of Wedbush Securities. “It’s not exactly the cheapest group around. It’s got an elevated valuation here. It does nothing but go up. It doesn’t take much to create a wobble.””It doesn’t appear to be hurting other speculative areas. The social media index is up three-quarters of a percent,” […]
Are Biotech Stocks in a Bubble?By: David Chapman | Thu, Apr 23, 2015SharePrintEmailCharts created using Omega TradeStation 2000i. Chart data supplied by Dial DataAre Biotech stocks in a bubble? This is a question that is being asked. According to an article by Bloomberg (Biotech Index in Nosebleed Territory – Up 500% In 4-years, Trades At 10X Revenues – Bloomberg Business, […]
Mumbai: Investor wealth eroded sharply by Rs 1.59 lakh crore today as stock market saw a big sell off, pulling down the BSE benchmark Sensex by 556 points.
The total market capitalisation of all the BSE listed firms declined by Rs 1,59,620 crore to Rs 1,02,64,003 crore.The Sensex ended at 27,886.21, down 555.89 points or 1.95 per cent. This was the […]
Beijing’s bid to rein in speculators could hit Hong Kong stock marketThe Hong Kong stock market is expected to take a hit after Beijing announced measures to rein in speculation, after the country’s benchmark index doubled in 10 months to its highest level since March 2008.Late on Friday, regulators announced that fund managers would be allowed to lend shares for […]
