Money Is About to Flow Into China, Just as It Pours Out of Tencent - News Summed Up

Money Is About to Flow Into China, Just as It Pours Out of Tencent


Asian stocks rose Monday as weekend diplomacy between Washington and Pyongyang revived the potential for a summit between President Donald Trump and North Korean leader Kim Jong Un. Japan’s Nikkei 225 index rose 0.1%, the Korea KOSPI index gained 0.8% and Hong Kong’s Hang Seng index rose 0.6%. Monday’s Big ThemeMainland Chinese investors are yanking money out of Tencent Holdings Ltd. —one of the country’s biggest and most high-profile companies—just as billions of dollars from around the world are expected to flow into China’s...


Source: Wall Street Journal May 28, 2018 05:15 UTC



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