May 17, 2022

‘Cayman loophole’ on docket for Chinese cyber giant

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By Lin Nguyen From Asia Times The Cayman loophole wouldn’t be so bad if it were well-intentioned. But rather than promote transparent valuation and equitable voting rights for US shareholders in Chinese firms, those who buy a holding company’s DVR (differential voting rights) shares are more often intentionally overrun in a vote to yank the listing from […]

China stocks take another steep dive

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By Chris Sester From Wall Street Observer China stocks take another steep dive: YY Inc (ADR) (NASDAQ:YY), Qunar Cayman Islands Ltd (NASDAQ:QUNR), Inc (ADR) (NYSE:WUBA) Chinese equities were walloped on Monday as smaller stocks fell nearly 7 per cent following some mixed data on the economy. The benchmark Shanghai Composite shed 2.7 per cent […]