SHANGHAI — China’s commercial capital of Shanghai is still far from its goal of becoming a global financial hub by 2020 due to hurdles such as capital controls and a lack of consistent rules, a…
Monthly Archives For April 2019
What Did China CBM Group Company Limited’s (HKG:8270) CEO Take Home Last Year?
China CBM Group Company Limited is currently … and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. ( read original story …)
China’s Tencent raises $6 billion in bond sale; proceeds for general purposes
The sale was Asia’s largest this year, Refinitiv data showed, exceeding property developer China Evergrande Group’s $2.8 billion issue in January. Tencent sold $2 billion in fixed and floating rate … ( read original story…
Asian shares near eight-month highs, U.S.-China talks in view
On Wednesday, the Financial Times reported the United States and China were closer to reaching a final trade agreement. Investors are keen to see if the ongoing talks lead to an earlier-than … ( read…
Liquor maker Moutai could be China’s first 1000-yuan stock
Analysts at Goldman Sachs, Macquarie Group, Citic Securities and China Securities Finance Corp all have a target price of at least 1000 yuan for Moutai. At 1016 yuan, Goldman’s target would make … ( read…
Faster Connectivity in China Spurs New Digital Markets
The rollout of 5G will allow gigabit-speed services to become more widely available and promote the growth of hyperfast (500 megabits per second) speeds over mobile networks. Benefiting from this … ( read original story…
U.S. Sets 2025 Target for China to Fulfill Trade Pledges, Sources Say
Subscribe via Pocket Cast or iTunes. The trade deal that the U.S. and China are crafting would give Beijing until 2025 to meet commitments on commodity purchases and allow American companies to wholly … (…
White House sees ‘headway’ on U.S.-China trade ahead of new talks this week
WASHINGTON (Reuters) – The United States and China “expect to make more headway” in trade talks this week, White House economic adviser Larry Kudlow said on Tuesday as the top U.S. business … ( read…
China March services activity quickens to 14-month high in further sign of recovery: Caixin PMI
BEIJING, (Reuters) – Activity in China’s services sector picked up to a 14-month high in March as demand improved at home and abroad, a private business survey showed on Wednesday, adding to signs … (…
Asian shares near eight-month highs, eyes on U.S.-China talks
SYDNEY (Reuters) – Asian shares paused near an eight-month peak on Thursday as investors awaited developments on trade talks between the United States and China, who appear closer to signing a … ( read original…
Ford to launch more than 30 new models in China over next three years
Ford has been struggling to revive sales in China, the second biggest market globally for the Dearborn, Michigan automaker, after its business began slumping in late 2017. Sales slumped 37 per cent in … (…
Kilgour: Beijing’s human rights abuses are only getting worse
The U.S. State Department’s recently released Human Rights Report for 2018 is its yearly attempt to hold other governments accountable, while saying nothing about controversial American … ( read original story …)
South Korea rolls out 5G services on phones, in race with U.S. and China
“We launched the first mobile 5G network several months ago and … While security concerns over 5G networks using telecom equipment made by China’s Huawei Technologies Co Ltd have marred … ( read original story…