In a research report published on Thursday, 7 June, Mizuho Securities announced that they will be downgrading shares of China Unicom (CHU) from a Neutral to a Underperform rating. The stock increased 0.87% or $0.12…
Monthly Archives For June 2018
A Guide to China’s $10 Trillion Shadow-Banking Maze
Shadow banking in China has ballooned into a $10 trillion ecosystem which connects thousands of financial institutions with companies, local governments and hundreds of millions of households. The practice is now at the center of…
Is Mizuho Securities Now Negative on China Unicom (NYSE:CHU) After Recent Downgrade?
In a research report sent to investors and clients on Today, research analysts at the Mizuho Securities equities division cut the stock rating for China Unicom (NYSE:CHU) shares to a Sell. The stock decreased 2.08%…
The Reborn Bling Dynasty in China
Any move to dampen China’s runaway urban property markets could hit the luxury industry very hard. Yet the new boom has also brought a new risk: Falling out of fashion. Luxury brands have historically tried…
E-Commerce Incubator Brings Indie Foreign Brands To Millennials In China
Brands can have a hard time finding an audience in an age where everyone fights for attention on social media. China e-commerce company Alibaba Group is using its Taobao Global incubator to give small to…
U.S. reaches deal with China’s phone maker ZTE: Commerce Secretary
He added that he did not think the arrangement would have any effect on tariff talks with China. “We think this settlement, which brought the company, a $17 billion company, to its knees, more or…
China will see the biggest boost in World Cup ad dollars – even though it didn’t qualify
Businesses in China are set to spend an additional $835 million on advertising ahead of the World Cup, which starts in a week’s time. The twist is that the Chinese didn’t qualify for the soccer…
Commerce Secretary: US reaches deal with China’s ZTE
WASHINGTON — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing…
Huzhou to spend 1b yuan per year to develop green finance
Huzhou is exploring new financing mechanisms to speed up the development of green finance. [Photo/VCG] Huzhou in Southeast China is exploring new financing mechanisms to speed up the development of green finance, with a 1…
U.S. says diplomats in China hit by mystery illness
“If the U.S. makes formal contact with us, China will continue necessary investigations in an earnest and responsible manner and maintain close communication and cooperation with the U.S.,” Hua said at a regularly scheduled news…
‘What if China suddenly disappeared?’: A top strategist just published a reality check for those freaking out about the rise of China
China runs the largest merchandise trade surplus with the US at $375 billion. But some analysts think the data can be misleading. The US-China trade deficit could be overstated by as much as 20%, one…
China’s central bank drains 70 bln yuan from market
BEIJING, June 7 (Xinhua) — China’s central bank drained 70 billion yuan (about 11 billion U.S. dollars) from the financial system through open market operations Thursday, with the volume of maturing securities exceeding new injections.…
Word Bank approves 600 mln USD in loans for China’s water resource management
BEIJING, June 7 (Xinhua) — The World Bank said Thursday it has approved three loans worth 600 million U.S. dollars to China to improve water resource management. The loans, approved Wednesday, will be used to…
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