SHANGHAI, Oct 30 (Reuters) – China’s major indexes fell on Monday morning, dented by expectations of a new wave of initial public offerings and by profit-taking in consumer firms. The CSI300 index was down 0.3…
Monthly Archives For October 2017
Billionaires Keep Bubbling Up as China Property Market Soars
Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed since the start of the year, adding $44.3 billion to…
Billionaires Keep Bubbling Up in China’s Soaring Property Market
Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed upward since the start of the year, adding $44.3 billion…
As China’s home prices cool, some property companies seek to reduce risks
HONG KONG (Reuters) – As the froth comes off China’s home prices, there are increasing signs that some property developers, particularly those with a heavy debt load, are becoming less aggressive. They are reducing balance…
China’s central bank drama
But the sexagenarian foremost on investors’ minds these days should be Zhou Xiaochuan, a lame duck as governor of the People’s Bank of China. Beijing’s most forceful economic reformer turns 70 in January, and it…
Beyond Aecon: China’s shifting view of global investment
which tracks China’s “going-global” companies across a range of sectors. The current trend began in 2012, he said, when mobile gaming companies such as Cheetah Mobile and Sungy Mobile began exporting their games. Still, international…
4 Highlights From Yum China’s 2017 Investor Day
It’s been one year since Yum China (NYSE: YUMC) was spun off from parent Yum! Brands (NYSE: YUM), and the exclusive licensee of KFC and Pizza Hut restaurants in mainland China is up over 50%…
Smog blankets Beijing, northern China, causes road closures around the country
China’s efforts to ensure blue skies for the Communist Party’s national congress failed as heavy smog blanketed Beijing throughout the week-long event and worsened as cadres headed back home. An orange air pollution alert –…
Beijing rejects unilateral sanctions as US targets North Korean diplomat in China
Beijing has repeated its opposition to unilateral sanctions on Pyongyang after Washington took rare action against a China-based North Korean diplomat accused of human rights abuses. The US sanctions on Ku Sung-sop, North Korea’s consul…
China Unicom Hong Kong : Nine-Month Net Profit More Than Doubled to CNY4.05 Billion
China Unicom (Hong Kong) Ltd. (>> China Unicom (Hong Kong) Limited) said net profit more than doubled for the first nine months of the year on the back of strong demand for high-speed data services,…
China Unicom’s 9-month profit doubles, but warns of tough Q4
HONG KONG, Oct 27 (Reuters) – China Unicom Hong Kong Ltd said its net profit for the first nine months of the year more than doubled, helped by business reform and cost savings, but it…
Improving Metrics Lift Ranking of China Mobile (CHL) to Hold
China Mobile Ltd (NYSE:CHL) is a $209.0 billion in market value member of the Wireless Telecommunication Services GICS industry group where the current Portfolio Grader ranking for CHL puts it 16 among the 21 companies…
China Unicom profit more than doubles
China Unicom (Hong Kong) Ltd. (0762.HK) said net profit more than doubled for the first nine months of the year on the back of strong demand for high-speed data services, as well as lower marketing…
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