China's Nanwei shares: controlling shareholder Li Ping detained on insider trading suspicion, casting doubt on just-promised 50 million yuan financial support
Published . Updated .
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This report is about China.
Directly affected
- No company is named in this report.
Indirectly affected
- FXI iShares China Large-Cap ETF-2.8% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China.
- BABA Alibaba Group Holding-8.2% 10d
Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- NTES NetEase
NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- JD JD.com+1.7% 6d
JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- BIDU Baidu-7.9% 15d
Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FXI | +3.46% | +1.27% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| BABA | +11.61% | +7.54% | base | after close | after close | after close | after close |
| NTES | +6.15% | -0.07% | base | after close | after close | after close | after close |
| JD | +1.68% | -0.25% | base | after close | after close | after close | after close |
| BIDU | +3.67% | +2.06% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
China's Nanwei shares: controlling shareholder Li Ping detained on insider trading suspicion, casting doubt on just-promised 50 million yuan financial support finance.biggo.com
Source: finance.biggo.com
This story
| Company | When | Move | Status |
|---|---|---|---|
| BABA | three days earlier | +7.54% | final price |
| BABA | five days earlier | +11.61% | final price |
| BIDU | three days earlier | +2.06% | final price |
| BIDU | five days earlier | +3.67% | final price |
| CEW | three days earlier | 0.00% | final price |
| CEW | five days earlier | 0.00% | final price |
| FXI | three days earlier | +1.27% | final price |
| FXI | five days earlier | +3.46% | final price |
| JD | three days earlier | -0.25% | final price |
| JD | five days earlier | +1.68% | final price |
| NTES | three days earlier | -0.07% | final price |
| NTES | five days earlier | +6.15% | final price |
This story
12 out of 100
“China's Nanwei shares: controlling shareholder Li Ping detained on insider trading suspicion, casting doubt on just-promised 50 million yuan financial support” scores 12 out of 100. The score uses 1 sources.