China Unicom (Hong Kong) Ltd (NYSE:CHU) has been assigned an average recommendation of “Hold” from the nine brokerages that are currently covering the company. One equities research analyst has rated the stock with a sell…
Monthly Archives For February 2017
Stunning images of 1870s China, featuring portraits of beggars, princes and Mandarins offer a fascinating glimpse into the country’s traditional past
A stunning collection of pictures of China in the 1870s, ranging from beggars to Mandarins and princes, looks set to sell for a huge £20,000. The first ever travelogue of the country was taken by…
China Manufacturing Activity in January Close to 2-Year High
A survey shows Chinese manufacturing expanded in January at close to its fastest pace in two years. The National Bureau of Statistics’ purchasing managers index released Wednesday showed manufacturing growth at 51.4 on a 100-point…
China factory sector grows slightly
Activity in China’s manufacturing sector expanded slightly more than expected in January but at roughly the same pace as in December, an official survey shows. The official Purchasing Managers’ Index (PMI) stood at 51.3 in…
Missing China-born billionaire Xiao Jianhua denies abduction: state media
A missing China-born billionaire was quoted by state media on Tuesday as saying he had not been abducted from Hong Kong by mainland Chinese agents as some news outlets had reported but was receiving medical…
Trump slams China and Japan over currencies
“You look at what China’s doing, you look at what Japan has done over the … The yen also strengthened on a news report that Trump’s trade adviser slammed Germany for using a “grossly undervalued”…
China box office rakes up record USD 117 million on single day
Conquering the Demons,” state run Xinhua news agency reported. Chow’s new film gathered 356 million yuan on its opening day, putting it as the biggest single day for China’s homemade movies. The previous film holding…
Donald Trump's chaotic approach makes military 'skirmishes' with China more likely
The mounting possibility of military confrontation between the US and China would be “disastrous” for the region, experts have warned amid inflammatory statements from both nations. Donald Trump has followed up his incendiary campaign claim…
Family of man killed by tiger in eastern China blames zoo for negligence
The family of a man mauled to death by a tiger at a zoo in eastern China has accused the management of negligence for not sufficiently securing the premises and the animals’ enclosure where he…
Genworth: Is The China Oceanwide Deal Really At Risk?
The buyout of Genworth Financial Inc. (NYSE:GNW) has been, to say the least, under a cloud of doubt recently. The stock last traded at $3.30/share on January 30th versus the $5.43/share cash buyout price agreed…
China’s wealthy drawn to UK brands preferring Harrods, Rolls-Royce: survey
The United Kingdom’s European Union referendum vote caused the pound to decline in value and, as a result, affluent Chinese are finding the country an attractive travel destination, according to a report by Hurun. In…
The ‘I know a guy’ strategy is not enough to find effective partner in China
The partnership came about in a roundabout way, and illustrates how important personal connections can be when seeking to do business in China. When they first received the e-mail request, Mr. Ropke and his wife,…
China fortifies Great Firewall with crackdown on VPNs
China is making it harder to get around its Great Firewall. China’s Ministry of Industry and Information Technology has announced a 14-month “clean up” of internet access services, which includes a crackdown on virtual private…
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