COMPANY NEWS STOCKS Shanghai stock exchange signed MoU with Saudi Exchange for future cooperation >>>
COMPANY NEWS Alibaba Cloud mulling non-public funding round from state-owned companies before spin-off – report >>>
BONDS COMPANY NEWS REAL ESTATE Some of Country Garden’s bondholders object to debt extension plan, asked for extension revoking – report >>>
COMPANY NEWS POLICY & REGULATION HSBC Insurance Brokers received regulatory approval for securities investment fund sales business in China – state media >>>
COMPANY NEWS REAL ESTATE STOCKS VIEWS & ANALYSIS BofA Securities slashed Country Garden’s target price by 30% to HK$0.9 >>>
COMPANY NEWS REAL ESTATE STOCKS Real estate service platform Beike surged over 20% after it swung to profit in H1, declared special dividend, upsized share repurchase schemeÂ
BONDS COMPANY NEWS REAL ESTATE Country Garden won approval to extend payment for onshore private bond >>>
COMPANY NEWS DATA China’s state railway operator saw H1 revenue rise 19.6%, net loss narrowed sharply >>>>
COMPANY NEWS DATA Beijing-Shanghai high speed railway swung to profit in H1 driven by rising travel demand >>>
COMPANY NEWS DATA China’s three largest state-owned airlines reported total loss of 12.6 bn yuan in first half >>>
COMPANY NEWS China’s largest state banks further cut deposit interest rates to easing pressure on shrinking margins >>>
COMPANY NEWS STOCKS SMIC surge amid market speculation Huawei’s newly launched Mate 60 Pro uses SMIC’s advanced process >>>
COMPANY NEWS DATA REAL ESTATE STOCKS Country Garden “deeply remorseful” for record loss for first half, warned of default risks >>>
COMPANY NEWS REAL ESTATE STOCKS VIEWS & ANALYSIS Country Garden to issue HK$270 million new shares to offset debt >>>
COMPANY NEWS China’s top insurer Ping An Insurance saw H1 net profit dip 1.2% on year on market volatility >>>
COMPANY NEWS Chinese AI software company SenseTime’s first-half net loss narrowed by 1.1%, total loss since 2018 reached 46.8 bn yuan >>>
COMPANY NEWS REAL ESTATE STOCKS Country Garden Services’ H1 net profit fell 8.7% on year, core net profit fell 9.5%, announced share repurchase plan >>>
COMPANY NEWS STOCKS SenseTime tumbled up to 8% in Hong Kong after report of new round of layoffs, sinking gross profit >>>
COMPANY NEWS STOCKS Chinese automaker BYD surged after reporting over 200% jump in first-half net profit >>>>
COMPANY NEWS REAL ESTATE State-owned developers China Overseas, Poly Property saw first-half profit slide amid weak home sales >>>
COMPANY NEWS China’s Guodong Network Communication raised $150 mln from a Middle Eastern sovereign wealth fund >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs slightly cut Zijin Mining’s target price, kept it on Conviction Buy list >>>