JUST IN:
$FUTU, $TIGR fall more than 3% in US premarket.

#China's state-owned newspaper People's Daily Online says internet brokerages providing cross-border services like Tiger Brokers, Futu Securities could face risks in user information security, legalization, and compliance. ImageImage
People's Daily Online cites Personal Information Protection Law that will take effect on Nov 1, 2021.
$FUTU $TIGR
$TIGR extends decline to 6.8% in US premarket trading, $FUTU down 6.3%; #China's state-owned newspaper raises problem of user information security.
#Breaking 🎇
$FUTU extends decline to 10.4% in US premarket trading, $TIGR down more than 12%. ImageImage

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with CN Wire

CN Wire Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Sino_Market

15 Oct
#Evergrande CEO in talks for restructuring, asset sale: RTRS
#Evergrande Group’s chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts.
reuters.com/article/china-…
#Evergrande has left its offshore investors in the dark about repayment plans after already missing three rounds of interest payments on its dollar bonds.
But payments on onshore bonds continue...
Read 4 tweets
15 Oct
JUST IN:
China commodities jump in night session as global benchmarks surge, #zinc futures rise more than 7%, thermal #coal futures up 5%, #coke futures, #cotton futures up 4%, aluminum futures up 3%.
#China #commodities #futures
#China's most active #zinc futures hit limit up shortly after beginning of night trading session, last up 7.99%.
China's most-traded #nickel futures, #cotton yarn futures open up more than 2%.
Read 4 tweets
15 Oct
#Breaking:
China's securities regulator CSRC, other depts are mulling rules to regulate financial activities of Tiger Brokers, Futu Securities in mainland China: Securities Times
#China $TIGR $FUTU
China's CSRC, other depts are working to improve relevant regulatory rules to strengthen supervision and law enforcement, protect legitimate rights and interests of investors: Securities Times cites sources
$TIGR $FUTU #China
$FUTU, $TIGR plunge in US premarket trading, last down about 4.5%.
#China
Read 4 tweets
15 Oct
PBoC: #Evergrande's risks to financial system controllable.
PBoC urges developers, shareholders to fulfill debt obligations and asks banks to keep stable, orderly loans to real estate.
#evergrande #China
PBoC: Risk exposure of Evergrande's debt problems on individual financial institutions is not big. Relevant departments and local governments are resolving Evergrande's debt problems according to law.
#China #Evergrande
Read 5 tweets
15 Oct
#China's most traded thermal #coal futures up 5%, coking coal futures up 3.96%, #coke futures up 4.11% in the Friday morning.
#China #commodities #futures
Most active #manganese-silicon futures and #ferrosilicon futures in China Zhengzhou up 3.97% and 2.44% respectively in early trade.
#China #futures #Commodities #Ferro
@nid_rockz
Most traded Shanghai #pulp futures contract falls 5.14% in early trade.
#China #commodities #futures
Read 6 tweets
14 Oct
#OOTT | #IEA:
Energy crisis has prompted a switch to oil that could boost demand by 500,000 bpd.
OECD commercial oil stocks fell by 23 mln barrels in Sept and are at their lowest since March 2015.
#OOTT | #IEA:
High energy prices could add to inflation that, along with power outages, lowers industrial activity and slows growth.
OPEC+ effective spare capacity could fall below 4 mln bpd by Q2 2022 from 9 mln bpd in Q1 2021.
#OOTT | #IEA:
Shrinking global spare capacity underscores need for increased investment to meet future demand.
Oil demand will exceed pre-pandemic levels in 2022, rising 3.3 mln bpd to 99.6 mln bpd.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(