Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
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The Wall Street Journal
Chinese Executives Sell at the Right Time, Avoiding Billions in Losses — A review of regulatory filings finds that insiders at Chinese companies sold large stock holdings just before sharp declines.HSBC Lifts Stake in China Securities Venture to 90% — Bank buys a bigger holding in HSBC Qianhai Securities from its state-owned partner.Salad Days are Over for Asian Tech—and Not Just in China — Sea Ltd, Southeast Asia’s largest internet firm, has pulled out of India’s e-commerce market as it seeks to prioritize profits over growth.China’s Services Sector Posts Steepest Decline Since Pandem
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