Value hunters are paying more attention to China’s unloved banking stocks after the government softened its deleveraging drive. Spurned for months, they’ve been some of the biggest beneficiaries of Ch… ( read original story …)
Monthly Archives For July 2018
Qualcomm ends $44 billion NXP bid after failing to win China approval
The Trump administration played an outsized role in Qualcomm’s fate and there had been expectations that the lifting of a ban on U.S. chipmakers doing business with China’s ZTE Corp (000063.SZ) would … ( read…
Man detonates small device outside US Embassy in Beijing
The Beijing Police Department said a 26-year-old man with the surname Jiang injured only himself with a homemade explosive device. ( read original story …)
Ex-assistant chairman of China’s banking regulator sentenced to 16 years in prison: state media
HONG KONG (Reuters) – The former assistant chairman of China’s banking regulatory commission has been sentenced to 16 years in prison for accepting bribes, state media said on Thursday, as the Chinese … ( read…
WeWork’s China Subsidiary Is Raising $500 Million
WeWork Cos.’s China-focused subsidiary is raising $500 million from Asian investors, the co-working giant said Thursday. The round values the business at $5 billion, according to people familiar with … ( read original story …)
China’s Xi says world must ‘reject protectionism outright’
The Trump administration’s trade war with China, the world’s second-largest economy, and other major trading partners has given focus to the summit to rally support for what Xi called “common prosperi… ( read original story…
China Mobile : Big investors are placing bets on China
China’s facial recognition start-ups are attracting big investments at a time when Silicon Valley’s giants are facing a backlash over their use of the technology. In the past week, Chinese facial reco… ( read original…
China to speed up special local government bond issuance to meet demand
BEIJING (Reuters) – China’s special local government bond issuance will accelerate in the second half of this year, and the finance ministry will focus the “proactive” fiscal policy on cutting taxes a… ( read original…
US airlines cave to China’s demand on referring to Taiwan
The International Air Transport Association, a trade group of global airlines, predicts that China could overtake the United States and become the world’s biggest air-travel market by 2022. The U.S. a… ( read original story…
China’s debt threat: time to rein in the lending boom
This seemed manageable. Then, in 2008, came the meltdown of the western financial system and subsequent deep recession in high-income countries. China responded with a huge investment programme amount… ( read original story …)
China’s Battered Property Shares Surge on Outlook for Profits
Things are looking up for battered Chinese property stocks this week as positive profit outlooks and a shift toward monetary easing lure investors. A Bloomberg Intelligence gauge of China real estate … ( read original…
China state media warns of renewed property speculation despite heavy curbs
BEIJING (Reuters) – China’s state news agency Xinhua said on Thursday signs of property speculation has re-emerged in some parts of the country and urged local governments to rein in prices more effec… ( read…
China adds nearly 12 million mobile customers in June
China Mobile added 3.89 million new mobile customers in June, ending the month with a total of 905.80 million customers. China Telecom attracted 5.49 million new mobile customers for a total 281.62 mi… ( read…