Hong Kong border with mainland China expected to fully reopen in Jan – media report
The border between Hong Kong and mainland China is expected to fully reopen next month, reported local newspaper.
The border between Hong Kong and mainland China is expected to fully reopen next month, reported local newspaper.
The Hang Seng Index opens down 0.13%, the Hang Seng China Enterprises Index down 0.21% and the Hang Seng Tech Index down 0.32%.Â
The US accounting watchdog said it has full access to inspect and investigate firms in China for the first time ever, removing the risk that around 200 Chinese companies could be delisted from US stock exchanges.
The US government added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade blacklist.
China has introduced some policies to support the real estate sector and is considering more measures, said Vice Premier Liu He at an event on Thursday.
Citigroup plans to wind down its consumer banking operations business in mainland China after failing to find a buyer for the business.
China’s retail sales declined by 5.9% in November from a year earlier, according to the National Bureau of Statistics, weakening for the fourth consecutive month and compared to the 0.5% drop in the previous month.
Gotion High-Tech’s wholly-owned subsidiary Gotion Singapore signed an agreement with Thailand’s Nuovo Plus Company Ltd to set up a joint venture.
China’s industrial output grew by 2.2% in November from a year earlier, according to the National Bureau of Statistics, compared to the 5% growth in the previous month and expected 3.6% rise.
China’s home prices in major cities declined further in November from the previous month, with drops seen across tier-one, tier-two and tier-three cities.
The PBOC raised yuan’s fixing against the US dollar to strongest level since Sept 16. It injects 650 billion yuan liquidity to the banking system via one-year Medium-Term Lending Facility (MLF).
The US government plans to remove some Chinese entities from a red flag trade list, reported Reuters, citing a US official on Wednesday amid closer cooperation with Beijing.
COVID-19 infections was spreading “intensively” in China long before the lifting of zero-Covid policy, World Health Organization director Mike Ryan said on Wednesday.
China Meheco Group Co Ltd said on Wednesday it signed an agreement with Pfizer Inc to import and distribute the US drugmaker’s oral COVID-19 treatment Paxlovid in mainland China.
China’s natural gas demand in 2023 is expected to rebound from 2022 levels on the back of a gradual reopening of the economy.
Chinese e-commerce giant JD.com has sent more than 1,000 couriers from 16 provinces to the capital city of Beijing on Wednesday to help with parcel deliveries.
The PBOC on Wednesday issued draft rules on financial infrastructure supervision and management, in a move it to better serve the real economy.
China has invested more than 1 trillion yuan ($143.69 billion) in water conservancy construction this year as of the end of November, marking the highest on record
China on Wednesday released a plan aimed at expanding domestic demand and bringing consumption and investment to a new level by 2035, as the world’s second largest economy struggles with COVID and weakening external demand.
The Hong Kong Stock Exchange said it would introduce a new dual counter trading model from the first half of 2023 where investors will be able to interchange securities listed in both Hong Kong dollar and RMB counters.
China is likely to roll out a second booster shot, or the fourth shot, for high-risk groups, including those aged 60 and above and those with serious underlying disease or hypoimmunity, the state-run newspaper Global Times reported on Tuesday.
Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $108.5 billion in 2022, rising 5.9% from the previous record of $102.5 billion in 2021, SEMI said in a report.
China’s economy will continue to recover in 2023 and its GDP is expected to grow by about 5% next year, according to the annual Blue Book of China’s Economy released by the Chinese Academy of Social Sciences, a leading state-backed think tank.
China’s capital city Beijing will allow travel agencies to organize inter-provincial group trips to and from the city following relaxation of COVID-19 measures last week.Â
Japan and the Netherlands have reportedly agreed in principle to join the US in tightening controls over exports of advanced chipmaking machinery to China.