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Top News In Union Bancaire Today - Breaking & Trending Today

China: China exerts grip on tech as Beijing expands economy control

Under Xi, the Chinese Communist Party and the state-backed sector have played an increasingly important role in industries from finance to markets and technology, especially as a blistering crackdown on firms such as Alibaba Group Holding Ltd. and Ant Group Co. curtailed the power of private enterprise. ....

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China Exerts Grip on Tech as Beijing Expands Economy Control

(Bloomberg) China’s ruling Communist Party will play a bigger role in steering its vast technology industry, the latest sign that Beijing intends to exert more influence over swathes of the world’s No. 2 economy.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InA $6 Trill ....

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Semiconductors: China exerts grip on tech as Beijing expands economy control, ET Telecom

Semiconductors: Shares in chipmakers from industry leader Semiconductor Manufacturing International Corp. to Advanced Micro-Fabrication Equipment Inc. slid more than 2% as investors pondered the ramifications of greater state control, which has yielded mixed results so far. ....

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Asian markets update: China stocks rise, Hong Kong shares fall. What's happening

Asian markets update: With trading in mainland China shut Feb. 9-16, investors will likely take cues from gains seen for the country’s shares listed offshore. ....

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China to Rally on Reopen; Other Stocks Seen Mixed: Markets Wrap

(Bloomberg) — Asian shares are set for a mixed start after Wall Street slumped on Friday amid signs US inflation is stickier than expected. Chinese stocks are poised for a strong open after a week-long holiday. Australian shares and Hong Kong equity futures edged higher while contracts in Japan fell. US stock futures rose slightly… ....

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