11 articles
Business
Kakao raided over SM Entertainment stock manipulation allegations
South Korean tech giant Kakao Corp. and its affiliate, Kakao Entertainment, were raided by the Financial Services Commission (FSC) on April ...
Daniel Anderson
Billionaire tech banker Bao Fan is latest executive to go missing in China
Shares of investment bank China Renaissance Holdings have plummeted after its chairman and CEO Bao Fan was reported missing. In a Thursday f...
Michelle De Pacina
HYBE becomes largest shareholder of SM Entertainment
South Korean entertainment company HYBE is set to acquire a controlling stake in competitor SM Entertainment, becoming its largest sharehold...
Adani Group losses swell to $65 billion despite 413-page rebuttal to fraud allegations
Shares of most Adani firms took a nosedive on Monday as the group continues to suffer fallout from fraud allegations, with stock losses repo...
Carl Samson
The BTS effect: Dior stock soars to all-time high following appointment of Jimin as global ambassador
French luxury fashion brand Dior saw an unprecedented surge in stock prices following the announcement of BTS member Jimin as its newest glo...
Ryan General
Energy tycoon Li Hejun, once China’s richest man, arrested
Chinese authorities have detained Li Hejun, the billionaire founder of thin-film solar panel firm Hanergy, local media reported on Wednesday...
Economy
Vietnamese EV maker VinFast files US IPO, selects T-Mobile as internet provider
Vietnamese electric vehicle maker VinFast has filed for an initial public offering in the U.S. and selected T-Mobile as its connectivity pr...
Obscure Hong Kong tech company’s stocks surge 21,000%, valued more than McDonald’s thanks to Reddit
Thanks to popular Reddit forum WallStreetBets, Hong Kong financial tech company AMTD Digital is now worth even more than giants like Coca-Co...
Jane Nam
China
Alibaba’s shares plunge $25 billion after Chinese authorities arrest man with the surname Ma
Alibaba Group Holding Limited’s stock lost nearly 208.2 billion Hong Kong dollars (approximately $26.5 billion) minutes after Chinese state...
Bryan Ke
Asia
Chinese Companies with ‘Emperor’ in Their Names See Stocks Go Up Over Xi Jinping News
In the wake of a massive bombshell announcement where China plans to abolish its two-term presidential limit, companies who have “emperor” i...
Interviews
Meet the Playboy ‘Playmate of the Year’ Who Now Makes Up to $600 a Day Trading Stocks
Playboy’s 2014 Playmate of the Year is a day trader and an aspiring doctor who is also penning a book on finance for women. Kennedy Summers...
Laura Dang
Don’t miss out on the latest news by signing up for Sharkbites.