|Bid||28.55 x 0|
|Ask||28.56 x 0|
|Day's Range||28.55 - 29.37|
|52 Week Range||25.63 - 46.35|
|Beta (5Y Monthly)||1.02|
|PE Ratio (TTM)||24.40|
|Earnings Date||Oct. 28, 2021|
|Forward Dividend & Yield||0.38 (1.28%)|
|Ex-Dividend Date||Aug. 19, 2021|
|1y Target Est||22.37|
China is probing "blind box" funds to ensure that investment positions are in compliance with the stated contractual terms, the China Securities Journal reported on Thursday. The news comes as chaotic scenes erupted at the headquarters of cash-strapped developer China Evergrande Group in recent days as disgruntled investors crowded its lobby to demand repayment of loans and financial products. Such "blind box" funds — those that are opaque or have been misnamed — have led to investor losses as money has been invested in sectors not set out in the fund agreement, as per the report.
JPMorgan (JPM) gets regulatory approval to obtain a 100% stake in its securities joint venture in China.
China's securities regulator said on Sunday it will seek closer cooperation with its U.S. counterpart and will support overseas listings, after U.S. regulators tightened disclosure for Chinese companies and voiced concern about Beijing's regulatory actions. The China Securities Regulatory Commission (CSRC) said in a statement that it had taken note of the U.S. Securities and Exchange Commission's (SEC) new requirements for disclosure regarding Chinese companies' listings and that the two sides should "uphold the spirit of mutual respect" and "strengthen communications on regulating China-related stocks."