China sees property silver lining but can’t shake Japan comparisons
A plunge in China’s new housing construction is fuelling hopes the battered property sector is finally coming to terms with chronic oversupply, but a clean-up of bad assets is the missing policy piece that keeps Japan-like stagnation fears alive. On paper, the world’s second-largest economy is almost where the U.S. and Spain were when their […]
Roaring Kitty’s GameStop stake grows to 9 million shares after selling his big options position
Meme stock champion Keith Gill, known as “Roaring Kitty” online, seemed to increase his ownership in GameStop’s common stock and appears to be holding more than 9 million shares. Gill posted a new screenshot of his E-Trade portfolio on Reddit’s Superstonk forum after the bell Thursday, showing that he is now holding 9.001 million GameStop shares and more […]