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China tech shares rebound strongly after 5-week sell-off

China tech shares rebound strongly after 5-week sell-off
techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.

As returns diminish, skeptics of ARK s Cathie Wood become more vocal

China s Hot EV and Solar Stocks Have More Room to Run, Funds Say

Publishing date: Jul 02, 2021  •  4 hours ago  •  3 minute read  •  Article content (Bloomberg) Some of the world’s biggest money managers say the strong rally in China’s renewable energy stocks has more legs, citing the sector’s rosy earnings prospects and policy support. BlackRock Inc., Aberdeen Standard Investments Ltd. and UBS Global Wealth Management are among those backing investments in Chinese electric vehicle-related companies and solar firms. Their endorsement comes as the world’s largest battery maker Contemporary Amperex Technology Co. and major solar producer LONGi Green Energy Technology Co. hit record highs this week after surging more than 40% each in the last quarter.

This week, Gautam Adani has lost more money than anyone else in the world

This week, Gautam Adani has lost more money than anyone else in the world
theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.

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