According to people familiar with the transaction, investor Bill Hwang caused a storm in the stock market last week when his firm, Archegos Capital Management, and its banks began reducing their holdings in blue-chip companies, according to people familiar with the transaction. The sale has sent shifts to individual stocks …
Read More »Trump ordered banning business with WeChat could affect NBA’s China deal with Tencent
A Chinese flag will be placed on market in the NBA flagship retail store on October 9, 2019 in Beijing, China. Kevin Frayer | Getty Images Although the National Basketball Association finds itself back in the middle of geopolitics, there are no plans to abandon its alliances in China as …
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