China was seen to drain liquidity from the banking system even as lenders come under pressure to handle higher demand for funds. ( read original story …)
Monthly Archives For May 2020
China’s central bank will conduct MLF operations Thursday: sources
China’s central bank will conduct medium-term lending facility (MLF) operations on Thursday, two traders with direct knowledge of the matter said. ( read original story …)
Did You Miss China Mengniu Dairy’s (HKG:2319) 92% Share Price Gain?
For example, the (HKG:2319) share price is up 92% in the last three years, clearly besting the market decline of around 9.3% (not including dividends). On the other hand, the returns haven’t been … (…
China Seals Off Cities Near North Korea
China is sealing off cities in the Northeastern province that borders North Korea as a growing cluster of cases threatens to undermine its containment of coronavirus. Bloomberg’s Yvonne Man reports on … ( read original…
Tencent’s Game Sales Surge Most in Years During China’s Lockdown
Tencent Holdings Ltd.’s revenue beat expectations after Covid-19 lockdowns propelled gaming sales to their fastest pace of growth since 2017, helping offset shrinking ad budgets and a record Chinese … ( read original story …)
China reports three new COVID-19 cases, down from seven a day earlier
China reported 3 new coronavirus cases for May 13, down from 7 cases a day earlier, the country’s health commission said. ( read original story …)
Report: China preps for space warfare
China’s space warfare capabilities, including anti-satellite missiles and directed-energy weapons, pose growing threats to U.S. national security, according to a think tank report made public … ( read original story …)
China Inc. Is Unloved Abroad, Unwanted at Home
U.S.-listed mainland companies are facing an increasingly unfriendly climate in New York. Shanghai isn’t looking any better. ( read original story …)
Global funds invest more in China as coronavirus spreads to the rest of the world
“We’re finding that a lot of foreign managers globally (are) reshuffling their holdings in this turmoil,” Todd Willits, head of EPFR, said in a phone interview. “Allocations to China are something … ( read original…
Focus on COVID-19 Battle, France Tells China After Taiwan Warning
France dismissed Chinese warnings on Wednesday about selling arms to self-ruled Taiwan, saying it was implementing existing deals and that Beijing should focus on battling the COVID-19 pandemic. China … ( read original story …)
China hit back at U.S. after FBI accuses Beijing of hacking virus research
“Making up such rumors is convenient for the US government so that US politicians can dodge their own culpability and failures,” China’s state-run newspaper wrote. ( read original story …)
China has arrested hundreds for speaking out about coronavirus, reports show
Chinese authorities on Sunday arrested a constitutional lawyer for posting an open letter on social media that criticized the government’s handling of the coronavirus pandemic and its suppression of … ( read original story …)
China’s April passenger numbers down 68.5% year-on-year: aviation regulator
China’s passenger numbers fell 68.5% in April from a year ago, for a drop smaller than in March, the aviation regulator said on Wednesday, pointing to a fragile industry recovery from the coronavirus … (…