China will resolutely prevent the rebound of the coronavirus outbreak as the country faces mounting pressure from imported cases, state television reported on Friday, quoting a top level meeting … ( read original story …)
Monthly Archives For May 2020
Chinese cloud company Kingsoft picks an uncertain time for its $510 million IPO
Kingsoft Cloud, one of China’s top cloud services providers, is expected to make its Wall Street debut Friday even as markets are roiled by the coronavirus pandemic. US investors are also wary of … (…
BRIEF-Shenzhen Stock Exchange Filing Shows Block Trade Of Jafron Biomedical’s Shares Involving 449.2 Mln Yuan
BLOCK TRADE OF JAFRON BIOMEDICAL CO LTD’S 4.2 MILLION SHARES INVOLVING 449.2 MILLION YUAN ($63.46 million) ON MAY 8 Source text in Chinese: bit.ly/35EUo5O Further company coverage: ($1 = 7.0788 … ( read original story…
Angry scenes as pro-Beijing and pro-democratic lawmakers scuffle in Hong Kong
Rival lawmakers scuffled in Hong Kong’s legislature in a row over electing the chairperson of a key committee. ( read original story …)
China and U.S. Signal Harmony on Trade, Despite Broader Tensions
Officials from both countries struck optimistic notes after holding their first trade talks — via conference call — since the coronavirus struck. ( read original story …)
Adrian Cheng says China’s property sector is ‘recovering’
Adrian Cheng of New World Development says “high demand” remains for mass residential properties in Hong Kong, though first-grade offices are expected to be “very badly hit.” … ( read original story …)
Kingsoft Cloud Raises $510 Million in Upsized IPO Amid Luckin
Kingsoft Cloud Holdings Ltd. raised $510 million after pricing its upsized U.S. initial public offering, the first U.S. listing of a Chinese company since the fallout from the accounting scandal at … ( read original…
BRIEF-Shenzhen Stock Exchange Filing Shows Block Trade Of Hualan Biological Engineering’s Shares Involving 252.9 Mln Yuan
BLOCK TRADE OF HUALAN BIOLOGICAL ENGINEERING INC’S 7.0 MILLION SHARES INVOLVING 252.9 MILLION YUAN ($35.73 million) ON MAY 8 Source text in Chinese: bit.ly/2LerXly Further company coverage: ($1 = … ( read original story …)
Stocks boosted by U.S.-China talks ahead of key U.S. jobs data
Global shares rallied on Friday as investors cheered signs of improving Sino-American relations and looked towards more governments gradually reopening their economies. ( read original story …)
Kim Jong Un congratulates China’s Xi on ‘victory’ in coronavirus fight
Here’s what to know about the coronavirus, plus a timeline of the most critical moments: Download the NBC News app for latest updates on the coronavirus outbreak. Coronavirus live updates: Dismal jobs … ( read…
Taiwan warns on China-U.S. trade frictions as exports tick down
Taiwan’s exports, a key gauge of global demand for gadgets, fell slightly for a second month in April and the government said the second quarter would be tough due to the coronavirus pandemic and ……
Why China Is Withholding Stimulus Amid Coronavirus-Sparked Downturn
Beijing worries a major financial push could overheat pockets of the economy, especially the property market, as the economy shows signs of recovery without a big package. ( read original story …)
Pro-Beijing lawmakers, democrats clash in Hong Kong legislature
Rival lawmakers scuffled in Hong Kong’s legislature on Friday in a row over electing the chairman of a key committee, a fresh sign of rising political tension as the coronavirus pandemic tapers off in ……
