Article Hero

U.S. crackdown dampens the excitement

1617089992.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
30 March 2021
Alibaba-backed Bilibili slumps in Hong Kong trading debut.
  • Bilibili Inc, which is backed by #Alibaba Group, tumbled as much as 6.8% in its Hong Kong stock debut as analysts said a U.S. regulatory crackdown on foreign firms hit enthusiasm for the Chinese online video site.
  • BTCS, a digital asset and #blockchain technology-focused company, announced its recently expanded transaction verification services operation on #Ethereum 2.0.
  • #Stocks fluctuate as investors weigh the uncertain fallout of the forced liquidation of positions held by U.S.-based hedge fund Archegos Capital.

disclaimers_articles

article_share_title

article_rating_title

awful
ok
great
awesome

read_more

Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.