Global new ship orders down 63% on year in Jan, China took 57% of total – research

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Chinese search engine giant Baidu surged 15.3% to close at HK$166.3 in Hong Kong on Tuesday, marking the highest level since February
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US President Joe Biden said that the relations between Washington and Beijing were not weakened by the incident of US military shooting
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China aims to achieve a shift toward “Created in China” from “Made in China”, toward “Chinese quality” from “Chinese speed”, and toward “Chinese brands” from Chinese products”, according to a plan released by the State Council.
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The escalating tensions between China and the US may dampen investor sentiment and induce short-term market volatility, Morgan Stanley said in a note.
China’s property transactions declined significantly in January on both yearly and monthly basis, due to the impact of the Spring Festival holiday, China Index Academy (CIA) said in a report.Â
Chinese property developers’ 2022 earnings are expected to hit five-year low, with sector’s core earnings sinking 57% from the previous year, according to estimates by Citi Research.Â
China will launch a nationwide pilot program of electrification of public vehicles in the period from 2023 – 2025, according to a notice issued by the Ministry of Industry and Information Technology and other seven departments.Â
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China’s domestic passenger flight volume has recovered to more than 90% of 2019-level, while daily international/regional flight volume on Feb 3 rose above 400 for first time in three years.
China and Australia’s top trade officials on Monday held talks for the first time since 2019, in the latest sign of a
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The China International Capital Corporation remained constructive on Hong Kong stocks and said that the rally started from November 2022 is now
In Hong Kong, China Hongqiao is sliding more than 6%, Zijin Mining, Shandong Gold, China Nonferrous Mining and China Gold International down more than 5%, Zhaojin Mining, Luoyang Molybdenum, Lingbao Gold, etc. are more than 4%.
China Hongqiao, the world’s top private aluminium producer, said that its net profit for the year ended 31 December 2022 is expected to tumble by about 40% from a year earlier.
Assisted fertility technologies, along with labour analgesia to reduce pain during childbirth, will be gradually covered by China’s medical insurance scheme in
ING Bank raised the forecast of China’s GDP growth in 2023 to 5% from its previous projection of 4.3%, according to a research note.
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A new drug for the treatment of brain tumors manufactured by Grand Pharmaceutical Group (HK: 0512) has been given the green light by Chinese regulators.
China’s outstanding loans to the real estate sector stood at 53.16 trillion yuan at the end of 2022, rising by 1.5% from a year earlier, slowing by 6.5 percentage points from the previous year.
In the 4th week of 2023 (January 23 – 29), the number of passenger flights executed by Chinese airlines was nearly 85,000,
Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said that its revenue in January jumped 48.2% from a year earlier to a record high of T$660.4 billion ($22 billion), up 4.9% from previous month.
Job openings in the hotel and catering sectors surged 40% year over year during the first six days of work after China’s
China should reaccelerate reforms such as tackling the shrinking labour force and weak productivity growth to maximise its economic potential, the IMF said on Friday.
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Morgan Stanley has received regulatory approval to be the actual controller of its Chinese fund management firm Morgan Stanley Huaxin Fund Management Co Ltd, the China Securities Regulatory Commission said on Friday.
Hong Kong’s Centa-City Leading Index (CCL), a gauge of lived-in home prices compiled by Centaline Property, rose to 158.75, up 0.56% from the previous week, hitting the highest in nine weeks.Â
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China’s top 100 property developers saw contracted sales decline 32.5% in January from a year earlier to 354.3 billion yuan, slumping 48.6%
Chinese government policies aimed at stimulating property demand have been less effective than measures supporting property developers’ liquidity needs, rating agency Moody’s said in a report.
Berkshire Hathaway, the investment company owned by Warren Buffett, sold 1.55 million Hong Kong-listed shares of electric vehicle maker BYD Company for
President Xi Jinping has said China must accelerate efforts to achieve self-reliance in science and technology to cement its footing in the
The first trade talks between China and Australia in three years are expected to pave the way for Prime Minister Anthony Albanese
China’s recorded 102 million railway passenger trips during the period of Jan 22 – Feb 1, rising by 48.7% from a year
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