What’s on The Wire? News List on Nov. 15

THE WIRE - Yuan Talks' member-exclusive news service with up-to-the-minute updates every trading day!

HERE ARE SOME UPDATES FROM YUAN TALKS’ MEMBER-ONLY WIRE SERVICE

  • Tesla cut expected delivery waiting time in China
  • China eases curbs for domestic group tours, continues to suspend inbound & outbound group tours
  • Private-run property developer Midea Real Estate registered for 15 bn bond sale
  • Kaifeng city to buy properties from China Evergrande for affordable rental housing¬†
  • Tencent started new round of layoffs – report
  • Berkshire Hathaway bought shares in chip giant TSMC
  • JD Technology aims to win regulatory approval for Hong Kong listing by year end
  • Hillhouse’s HHLR Advisors increased holdings in Alibaba, Pinduoduo in Q3
  • Shijiazhuang city no longer requires negative Covid test results for taking subway
  • China releases action plan for non-ferrous metal industry to achieve carbon-peaking goal
  • Property developer Sunac to restructure all onshore bonds – report
  • China’s crude oil throughput rose 0.8% on year in October, natural gas production rose 12.3%
  • China’s new construction starts of property projects fell 37.8% on year in Jan – Oct
  • China’s fixed-asset investment grew 5.8% on year in January – October, slowing from previous 5.9%
  • China’s real estate investment fell 8.8%, weakening from previous 8%
  • China’s industrial output grew 5% on year in October, slowing from previous 6.3%.
  • China’s retail sales fell 0.5% on year in October, declining for first time since June
  • Country Garden to issue new shares in stock placement at 17.8% discount
  • PBOC injects 850 bn yuan liquidity via one-year MLF, with rate unchanged.
  • Ant’s consumer finance unit to increase registered capital amid revamp, brings in new investors
  • US, China to schedule US Secretary of State Antony Blinken’s visit to China tentatively planned for early next year
  • US President Joe Biden, Chinese leader Xi Jinping agreed to resume cooperation on climate change and other issues