by Bloomberg.com | Feb 21, 2024 | alerts, Markets/Economy
China quant funds have drawn regulatory scrutiny recently China’s CSI 300 index reached five-year low earlier this month China’s equity rout a few weeks ago was exacerbated by quantitative funds stampeding to exit positions, akin to a 2007 episode in the US when such...
by Bloomberg.com | Feb 20, 2024 | alerts, Markets/Economy
Ningbo Lingjun sold $360 million of stocks withn a minute The selling is deemed ‘abnormal’ behavior by exchanges China’s two main stock exchanges froze the accounts of a major quantitative hedge fund for three days after the money manager dumped 2.57 billion yuan...
by Bloomberg.com | Feb 19, 2024 | alerts, Markets/Economy
Oil falls from three-week high; iron tumbles on China worries US markets closed; S&P 500 and Nasdaq 100 futures gain 0.3% Stocks and US equity futures were steady in muted trading as investors awaited fresh catalysts after a week that saw the S&P 500 breach...
by Bloomberg.com | Feb 19, 2024 | alerts, Markets/Economy
Anticipation was mounting for Switch successor debut this year Nintendo has said current Switch remains its main business Nintendo Co. shares tumbled by as much as 8.8% after game-makers were told the company was pushing back the launch of its Switch successor to the...
by Bloomberg.com | Feb 17, 2024 | alerts, Markets/Economy
A surge in travel over Lunar New Year bodes well for sentiment Chinese shares in Hong Kong, US jumped while mainland was shut Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data...