Category: NEWS

Posted in NEWS

China can achieve steel output cut target this year, steelmakers’ profits more than doubled in first nine months – industry body

Chinese steelmakers’ net profit more than doubled in the first nine months of the year and the steel…

Posted in MARKET NEWS

China Evergrande paid $83.5 million of overdue offshore bond coupon before 30-day grace period ends

China Evergrande Group paid the $83.5 million interest payment on its offshore bond, just before a 30-day grace…

Posted in NEWS

More regions move to float power prices amid energy shortage

China’s East Zhejiang province is the latest local government to raise electricity prices and change peak-demand hours following…

Posted in NEWS POLICY & REGULATION

PBOC on China Evergrande, real estate sector, Q4 liquidity

Chinese central bank on Friday tried to sooth market concerns over debt woes at embattled China Evergrande Group…

Posted in DATA NEWS POLICY & REGULATION

Land market in Beijing turning cold, land sales in latest auctions nearly halved from five months ago

Land market in China’s capital of Beijing is turning cold as real estate developers face tight financing and…

Posted in NEWS OPINION & ANALYSIS

China’s land sales revenue set to grow slower, adding fiscal pressure on local governments

China’s land sales revenue is expected to slow down and that will add fiscal pressure on local governments…

Posted in NEWS POLICY & REGULATION

One more Chinese city introduced reference prices for second-hand homes

One more Chinese city introduced reference price mechanism for second-hand home transactions in the latest move to tame…

Posted in NEWS POLICY & REGULATION

PBOC chief vows more effort to curb tech monopoly, protect consumer data

China will continue curbing on monopolistic behaviours in the internet sector and protect consumer data and meanwhile vowed…

Posted in BRIEF NEWS

China to boost standard-setting in key technologies to bolster innovation – State Council

China aims to boost standard-setting in many key technological sectors, including high-speed rail, new-energy and smart vehicles and…

Posted in NEWS

China told coal miners in Inner Mongolia, Shanxi to immediately step up production to ease coal shortage, power crunch

China’s two largest coal production hubs has asked coal miners to step up production immediately to ease a…

Posted in NEWS

Another Chinese property developer defaulted on offshore bond

Chinese property developer Fantasia Holdings Group has failed to repay $205 million of debt due on Monday, adding…

Posted in DATA NEWS PREMIUM

Home mortgage rates in some Chinese cities decline after climbing for months

Home mortgage rates in some Chinese cities decline recently after climbing for months, which some believe is a…

Posted in NEWS OPINION & ANALYSIS

PBOC injects liquidity via reverse repo for 10 straight days, analysts see lower chance for RRR, rate cut in coming months

Chinese central bank injected liquidity to the banking system via reverse repurchase agreements for ten consecutive days to…

Posted in NEWS

Some Chinese regions adjust electricity pricing rules to boost power production

Some Chinese regions are relaxing controls on power prices to allow coal-fired power plants to charge higher prices…

Posted in MARKET NEWS

Embattled Evergrande sells part stake in Shengjing Bank for 10 billion yuan as more repayment deadlines approach

Embattled property developer China Evergrande Group is selling part of its stake in Shengjing Bank in northeastern China…

Posted in NEWS

China’s power crunch worsens, factories and households in northeast regions hit by unannounced power cut

China’s power crunch is worsening, with factories and households in the country’s northeastern regions, including the provinces of…