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The Role of Internet in Labor Markets

The Internet has dramatically changed the way people solicit talents and search for jobs. The exponential growth of online labor markets in recent years enables millions of workers to get hired and deliver jobs online. The advancement of various online channels also facilitates job seeking in traditional labor markets. More and more executives are relying on social media for personal branding to enhance their career prospects. Given the prevalence of these online platforms, it is crucial for us to understand their social and economic implications, write Assistant Professor WANG Jing…

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Stocks Blog: China, Hong Kong markets face Trump's latest mixed messages on trade, tech

Good morning, traders — Well, TGIF, because it has been one rocky week, with tech storms unleashed by US President Donald Trump. In the latest overnight, Trump called Hauwei Technologies “very dangerous” from a security and military standpoint, but also said the US-blacklisted Chinese telecommunications equipment maker might be dealt with in trade negotiations with Beijing.   Meituan Dianping (3690 HK) beat the highest estimates in its first quarter revenue report. And the Hang Seng Index… Source link

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Nasdaq executive dismisses ‘discredited’ Steve Bannon’s call to bar Chinese companies from US capital markets

A senior vice-president at New York’s Nasdaq stock exchange has dismissed comments by Steve Bannon calling for Chinese companies to be excluded from US markets, describing the former White House adviser as “discredited”.In a post on Chinese messaging service WeChat on Thursday, Bob McCooey said: “Like many of you, I have seen the comments by President Trump’s FORMER and discredited adviser Steve Bannon. I do not believe these words to have any truth.“With 22 IPOs from China in 2018 and 15… Source link

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As the US-China trade war escalates, stock markets have been shaken but not stirred

How concerned are financial markets about the renewed escalation of the trade war? A cursory glance at some of the key gauges of market performance suggests that US President Donald Trump’s impulsive decision on May 6 to threaten to raise tariffs on all Chinese imports to 25 per cent, followed by the White House’s two-pronged attack on China’s Huawei Technologies – curbing its access to America’s market and placing the firm on a banned entity list – has rattled investors.Since May 3, the MSCI… Source link

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Stocks Blog: China markets fall as Trump targets mainland surveillance camera makers

Good morning, traders. China’s surveillance camera sector is now in the Trump spotlight. In addition to Hikvision Digital, which fell yesterday on news reports it was being targeted, Megvii, Zhenjiang Danhua Technology, Meiya Pico and Iflytek could be banned from U.S. components or software, Bloomberg reports. We’ll keep you up on the fallout in markets from the new tech storm added to the tariff tornado, plus the latest on rare earth-linked stocks, which are getting a new boost from… Source link

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Stocks Blog: China, Hong Kong stocks looking for gains after overnight boost in US markets

Good morning, traders. Overnight, US benchmarks rose, as investors cheered President Donald Trump’s move to give a 90-day relief on a Huawei ban for some US companies and customers. Trump’s step against Huawei has added to the turmoil around settling the US-China trade war, unsettling markets here and around the globe. We’ll be watching rare-earth stocks this morning, after jaw-dropping gains yesterday. Come back often for the latest in mainland and Hong Kong markets. Please send any… Source link

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Rare earth, telecom stocks lift up China markets after Xi, Huawei boost

China stocks climbed on Tuesday, as rare earth and telecommunication stocks led the advance following a company visit by President Xi Jinping and upbeat remarks by Ren Zhengfei, the founder of Huawei Technologies.The Shanghai Composite Index rose 1.2 per cent to 2905.97. The Shenzhen Component Index climbed 1.9 per cent, and the ChiNext Index was up 1.7 per cent. The CSI 300 of large companies increased 1.4 per cent.In Hong Kong, the Hang Seng Index slipped 0.5 per cent to 27,657.24.Companies… Source link

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Stocks Blog: China, Hong Kong markets brace for fallout from overnight US tech wreck

Good day, traders. Well, overnight ended in a tech wreck in the US, as fallout continues after US President Donald Trump turned up the heat on Huawei and the US-China trade war continues without an end in sight. Big Chinese tech players were especially hard hit: Alibaba (BABA US) plummeted 5.3 per cent (it is the parent company of the South China Morning Post), while US-traded shares of Tencent Holdings (TCEHY US) tanked 4.6 per cent and Baidu (BIDU US) plunged 8.4 per cent. So, this day may… Source link

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Stocks Blog: Battered China, Hong Kong markets search for footing amid trade war flare-up

Good morning, traders. After consecutive weeks of losses in Hong Kong and China benchmarks, traders return to markets weighed down by negative sentiment over resolution of the US-China trade war. We’ll keep you up on the most important developments throughout the day. So check back in frequently. If you have questions, please send them to deb.price@scmp.com . — Yujing Liu and Deb Price in Hong Kong    Source link

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China, Hong Kong markets see another week of declines as trade war bites

Chinese markets closed down for the fourth-straight week, while Hong Kong fell for the second-consecutive week, as reignited trade tensions sent investors racing for the doors.On Friday, the Shanghai Composite closed down 2.5 per cent to 2,882.29, leaving its weekly loss at 1.9 per cent. That was better, though, than last week, when it plunged 5.7 per cent, when what had seemed to be a nearing trade deal suddenly unravelled. The week of April 29, Shanghai slipped 0.3 per cent. And the week… Source link

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