Foxconn revises down Q4 outlook due to production disruptions in Zhengzhou plant
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China aims to expand outdoor sport industry to 3 trillion yuan by 2025
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China’s oil imports up 14% on year in Oct, natural gas imports slid nearly 19% – customs data
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China to stick with dynamic zero-Covid policy, still faces complex, severe outbreaks – national health authority
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China to advance institutional reform on domestic firms’ overseas listings, to further expand mainland – Hong Kong Stock Connect, vice chairman of CSRC
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China working on plan to end circuit breaker mechanism for flights; may soon shorten Covid quarantine for overseas arrivals – reports
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Chinese President Xi met German Chancellor Olaf Scholz in Beijing, called for more work together during times of turmoil
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China will continue to open up, cooperate with all countries – President Xi Jinping
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Yuan surges against dollar amid China reopening rumour, offshore yuan posts record gains against dollar
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China to make significant changes to zero-Covid policy in coming months, said former government expert
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Berkshire Hathaway sold BYD shares for third time since August
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Hong Kong stocks, A-shares stage sharp rally amid China reopening rumour
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Foxconn conduct large-scale recruitment for iPhone production in peak season
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China’s gas consumption to post first annual drop in two decades, gas supply to be loose this heating season – state energy giants
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China Evergrande chairman’s mansion in Hong Kong said to be seized by bank
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US to exert more pressure on allies, to talk with Netherlands on restricting supply of advanced chip technology to China – report
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Tesla sold 71,704 China-made cars in Oct, down 13.75% from Sept – industry association
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Chinese power battery maker CALB plans to build production site in Portugal, its first in Europe
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Prices of photovoltaic glass in China hit highest this year
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China to keep yuan stable, increase yuan’s flexibility – PBOC governor Yi Gang
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Year 2023 to be more painful for China’s auto industry, passenger vehicle sale may drop double-digit – Credit Suisse
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China’s lithium prices continue to hit new record highs
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Three Chinese companies expressed confusions, but expect limit impact after Canada’s order to divest from three lithium mines
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China’s service sector contracted at faster pace in October amid Covid outbreaks – private survey
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Vaccine maker Cansino Biologics tumbles, Jefferies slashed target price to HK$106 from HK$203
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Goldman Sachs cut target price on Meituan to HK$235 from HK$275, rating kept at Buy
Goldman Sachs pushed back its estimate of recovery timing of Meituan’s businesses by roughly one year, in view of the epidemic resurgence
Chinese shipping companies, port operators slide as Shanghai-US freight rates return to pre-pandemic levels, Maersk warned of slowing demand
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Hong Kong raised base rate by 75 bp in lockstep with US Fed
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China steps up support for homebuilders to issue bonds with state guarantee, 200 bn yuan issuance expected in second round
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Tencent, China Unicom’s planned joint venture approved by regulators, mainly engages in CDN, edge computing
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Eight Chinese provinces saw GDP growth slow in Jan – Sept from first half amid Covid outbreaks, power shortage
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CATL remains world’s largest power battery maker in Sept, LG Energy Solution surpassed BYD to rank second – Research
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China’s retail sales of passenger vehicles rose 11% on year in October – industry association
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Zhengzhou’s industrial park home to Foxconn iPhone plant imposes fresh Covid lockdown
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China’s real estate industry stable, the sector’s bad loan ratio very low – banking regulator
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China expected to approve 6 – 8 nuclear power units per year in next five years – industry society
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China’s potential growth to remain within reasonable range; yuan to stay at balanced level; real estate sales show marginal improvement – PBOC governor Yi Gang
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Top 100 property developers’ sales slid 28.4% on year in Oct, down 44% in Jan – Oct – research
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China to release this year’s 7th batch of pork reserves to stablize surging prices – state planner NDRC
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Vaccine maker Cansino Biologics surge 50% in Hong Kong after more cities use inhaled Covid vaccine booster
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China released first VR development plan, aims to ship 25 mln VR devices by 2026; VR stocks rally
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Homebuilder Longfor’s controlling shareholders bought more shares Tue after market sell-off
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New home prices in China’s major cities fell on month for 4th straight month in Oct, transactions fell 10% – research
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China Evergrande’s unit received notice of enforcement for unrecoverable funds from Shengjing Bank
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Chinese airlines’ international flights rose 21.9% on year in Oct to hit highest this year
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China’s auto spending expected to stay firm, used car sales remain strong – research
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NIO’s two factories in Hefei temporarily suspended production amid Covid outbreaks – report
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October vehicle delivery data of Nio, Xpeng, Li Auto, etc
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Hong Kong stocks, A-shares staged sharp rally driven by speculation of China reopening,
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China’s tourism, catering companies surge amid speculation of Beijing’s reopening plan
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