‘Trump Wins Big’ Meme Stock Surges in China
A private company in China with a name that riffs on “Trump Victory” surged by ten percent in value on Monday and Tuesday, even as blue-chip stocks on the Chinese market slid by up to one percent.
A private company in China with a name that riffs on “Trump Victory” surged by ten percent in value on Monday and Tuesday, even as blue-chip stocks on the Chinese market slid by up to one percent.
A billionaire investor recently claimed the stock market is quite sure who will win the November presidential election.
Chinese businessman Guo Wengui – also known as Miles Guo and several other names – was convicted on nine out of 12 counts for a billion-dollar fraud scheme by a New York jury on Wednesday.
China’s Ministry of Commerce released data last week that showed foreign direct investment (FDI) declining for the 12th month in a row in May, slipping by 28.2 percent year-on-year. FDI hit a 30-year-low at the end of 2023.
Chinese dictator Xi Jinping met with a group of visiting U.S. business leaders in Beijing on Wednesday, making a bid to lure much-needed foreign investment back into China’s flagging economy. Xi promised the economy would stabilize, and said overseas businessmen need not fear persecution by his authoritarian government.
Chinese state media on Sunday trumpeted a record-breaking domestic travel season for the Lunar New Year holiday, which was one of the heaviest travel seasons in the world before the Wuhan coronavirus pandemic.
India’s stock market is soaring as investors seek an alternative to China’s faltering economy and oppressive policies.
ExxonMobil is suing a group of “activist investors” to block them from bringing forth an “extreme” proposal for greater emission reductions.
The Institute of International Finance (IIF) issued a capital flows report on Wednesday that predicted foreign investors will withdraw $65 billion from China in 2024. The capital outflow has been especially pronounced in China’s bond market.
Seventy-eight-year-old billionaire financier and investor Thomas H. Lee was reportedly found dead Thursday inside his Manhattan office.
A report published by Hong Kong Watch and Professor Laura T. Murphy of the University of Sheffield Hallam on Monday found that dozens of American, British, and Canadian state pension funds are passively invested in Chinese companies that face credible accusations of enslaving Uyghur Muslims.
The company founded by former President Donald Trump that launched his social media platform Truth Social is considering legal action against the Securities and Exchange Commission (SEC) for allegedly slow-walking approval of the company’s planned merger with another company that would provide the joint entity a mass infusion of capital, Breitbart News has learned exclusively.
The Cambodian city of Sihanoukville was a major international resort destination before the Wuhan coronavirus pandemic crippled its tourism industry. The city is now littered with empty and half-finished “ghost buildings” abandoned by Chinese investors. According to local entrepreneurs, these unsightly gang-infested husks are keeping the tourism industry from making a comeback.
Contrary to reassuring pronouncements from Chinese Communist Party officials, the Institute of International Finance (IIF) reported on Thursday that foreign capital flight from China continued for the sixth consecutive month in July, pulling another $3 billion out of the $20 trillion bond market.
Lawmakers are concerned about a Chinese company’s purchase of farmland in North Dakota just miles away from Grand Forks Air Force Base.
China’s purchase of American homes and land is a “huge problem,” Republican Florida Gov. Ron DeSantis said in an interview.
Big money investors and private equity firms, continuing to buy up affordable mobile home parks, are spiking rents for low-income and working-class Americans.
Investors’ fears of a recession are at their highest levels since the 2020 Chinese Coronavirus pandemic as a net 58 percent of fund managers admitted to taking fewer risks than usual, a Bank of America survey revealed.
Manufactured homes have long been a way for lower-income people to become homeowners but now this demographic is also feeling the pressure of rising costs and many fear for their future.
The city of Shanghai is in danger of losing its status as a financial hub, as international bankers and traders consider fleeing the city to escape its brutal coronavirus lockdown – and the perpetual threat of further lockdowns imposed without notice under China’s “dynamic zero-Covid” policies.
Corporations are buying up mobile home parks across the U.S. and owners of the manufactured housing are being hit with increased rent for lots and new property requirements.
Reports show that investors snapping up record amounts of single family homes is making it harder for people shopping for a home.
One eonomist things the new American dream could be corporate investors buying up homes and turning them into rentals.
Mark Zuckerberg’s pro-migration group, FWD.us, is using its influence in President Joe Biden’s White House to save Zuckerberg’s immigration agenda from Biden’s border policies.
Pope Francis called on the Virgin Mary Saturday to touch the hearts of world financiers to stop investing “huge sums” of money in armaments but to invest rather in cures for future pandemics.
Malaysian retail investors rallied on social media to drive up stocks of Malaysian rubber glove manufacturers on Friday, in a move modeled on the GameStop trading surge witnessed in the U.S. this week.
Speakers at the RNC’s 2020 convention said President Donald Trump is protecting and promoting the American Dream for all Americans.
Issuing EB-5 investor visas, which primarily benefit Chinese nationals, “should be the last priority” of the United States federal government in the midst of the Chinese coronavirus crisis, Center for Immigration Studies Director of Policy Jessica Vaughan says.
President Trump’s executive order pausing some green cards to the United States specifically exempts a visa program allowing China’s elite to effectively buy American citizenship for themselves and their families.
Mike Bloomberg is proposing to flood the labor market for U.S. graduates by offering green cards and then citizenship to an almost unlimited number of foreigners who graduate from U.S. colleges.