The Latest in FTX, China Tech Stocks, and U.S. Equities. 11/18/22

The Bahamas securities regulator says it ordered the crypto assets of FTX’s Bahamas unit to a government-controlled wallet for safekeeping one day after its parent company filed for Chapter 11 bankruptcy. TechCrunch’s Anita Ramaswamy gives the latest. Plus, China tech stocks are higher on the back of a mixed quarterly report from Alibaba. SC Asia’s Sid Choraria explains the impact on the rest of the sector. And, stocks are coming off of a two-day losing streak following a slew of hawkish comments from Federal Reserve officials. UBS Global Wealth Management’s Mark Haefele and Truist Advisory Services’ Keith Lerner discuss the trading day ahead. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.