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Category: STOCKS

2018-08-252022-03-23 Yuan Talks STOCKS

Tencent and Alibaba to clean up payment accounts involved in cryptocurrency trading

Tencent and Alibaba-affiliate Ant Financial, the operators of China’s two largest mobile payment platforms, said they will investigate individual and corporate accounts

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2018-08-252022-03-23 Yuan Talks STOCKS

Beijing to start new checks on P2P lenders

Online peer-to-peer lending platforms in Beijing are required to conduct self-review over potential risks and plans to address the risks etc. and

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2018-08-242022-03-23 Yuan Talks STOCKS

PBoC said China reintroduced counter-cyclical factor in yuan fixing

China’s foreign exchange regulator under the People’s Bank of China said late Friday that the country has reintroduced the counter-cyclical factor in

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2018-08-242022-03-23 Yuan Talks STOCKS

Chinese yuan surging to break through 6.85/USD

Onshore yuan is surging more than 200 pips to break through 6.85/USD mark, over 400 pips higher than the intraday low. Offshore

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2018-08-242022-03-23 Yuan Talks STOCKS

Chinese stock turnover drops to 4-year low

Shanghia Composite close 0.18 per cent higher at 2729, pulled back into gaining territory by the banking sector which outperformwd in the

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2018-08-242022-03-23 Yuan Talks STOCKS

China’s vegetable prices surging as 40-year worst flood hits

China’s vegetable prices are surging after its major vegetable planting areas are hit by the worst flood in forty years. The vegetable

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2018-08-242022-03-23 Yuan Talks STOCKS

China tightening controls on home rental firms after first collapse case

beijing housing

China saw the first collapse of housing rental company, heightening concerns over the sector’s risky business practices and prompting the authority to

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2018-08-242022-03-23 Yuan Talks STOCKS

CLSA: Hong Kong home price expected to decline 15% in a year

hong kong

The investment bank CLSA expects home prices in Hong Kong to decline 15 per cent within a year as the price level

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2018-08-232022-03-23 Yuan Talks STOCKS

China extremely concerned about Australian ban on Huawei and ZTE

huawei technologies

The Chinese government said it’s extremely concerned about the statement issued by Australia which banned Chinese telecommunication companies Huawei and ZTE from

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2018-08-222022-03-23 Yuan Talks STOCKS

New signs of infrastructure push, public-private-partnership projects picking up

Fresh new signs are emerging pointing to a pick-up in infrastructure investment in the world’s second largest economy after Beijing pledged more

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2018-08-222022-03-23 Yuan Talks STOCKS

New deputy PBOC governor reiterates no “flood” stimulus, pledges ample liquidity

The newly appointed deputy governor of the People’s Bank of China reiterated the bank’s stance against strong stimulus to prop up the

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2018-08-202022-03-23 Yuan Talks STOCKS

Chinese stocks bounce driven by surging overseas fund flows

china stock market

Chinese stocks bounced on Monday, with the Shanghai Composite Index closed 1.1 per cent higher at 2698 after hitting 2698 intraday, a

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2018-08-162022-03-23 Yuan Talks STOCKS

China to open up A-shares to more foreign individual investors next month

China has revised rules to enable more foreign investors to trade stocks in the mainland via local brokers and take part in Chinese

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2018-08-162022-03-23 Yuan Talks STOCKS

China-US trade talks plan boosts markets

china us

China’s Vice Minister of Commerce Wang Shouwen will lead a delegation to visit the United States at the end of this month

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2018-08-152022-03-23 Yuan Talks STOCKS

Tencent posts first quarterly profit drop in 13 years

tencent

Chinese internet giant Tencent Holdings reported earnings for the second quarter that missed analyst expectations on Wednesday primarily dragged by decelerating revenue

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2018-08-152022-03-23 Yuan Talks STOCKS

Beijing urges faster bond issuance for infrastructure push

china infrastructure

China’s Ministry of Finance released a guideline on Tuesday urging local governments to speed up issuance of special-purposed bonds for infrastructure projects

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2018-08-152022-03-23 Yuan Talks STOCKS

First LGFV default stirs China’s bond market

debt

A quasi-municipal organisation in the Xinjiang Uighur Autonomous Region missed bond payment, making it the first bond default by LGFVs, raising concerns

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2018-08-142022-03-23 Yuan Talks STOCKS

Chinese economy losing steam further, fixed-asset investment growth hit new record low

china economy

Chinese economy is showing more signs of slowing further as domestic demand softens and trade tensions intensify, with fixed- asset investment growth

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2018-07-252022-07-23 Yuan Talks STOCKS

Facebook Moves into China, Subsidiary Opens in Hangzhou

facebook

US social media giant Facebook has finally moved into China by setting up a subsidiary in the country, a move widely viewed

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  • IC Chinese Vice Premier Liu He met IC companies, stressing mobilizing national resources for IC development
  • electric vehicles china China to introduce new policies to support NEV consumption – commerce ministry
  • lithium battery China’s average battery-grade lithium price hit new low in more than a year 
  • china telecom companies China’s telecom companies continue to rally on the country’s digital development plan
  • non-ferrous metals Non-ferrous metal companies slide in Hong Kong after Powell’s hawkish comments
  • china australia China’s Foreign Minister Qin Gang met with Australia Foreign ministry Penny Wong
  • china economy Morgan Stanley expects China’s seasonally adjusted real GDP to grow by about 7.5% in Q1 on quarter
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