China’s banking and insurance sectors are facing increasing pressure from rises in non-performing assets, the China Banking and Insurance Regulatory (CBIRC) said on Saturday. ( read original story …)
Monthly Archives For July 2020
China Stock Regulator Approves 3 IPOs for Shanghai’s Star Board
China’s securities regulator has given the go-head for three companies to float shares on a newly created board for high-tech businesses, according to state news agency Xinhua. ( read original story …)
Beijing reports no new domestically transmitted COVID-19 cases for 5th consecutive day
A vehicle driven by a man who finished quarantine leaves the Xinfadi market in Beijing, capital of China, July 7, 2020. From Tuesday, people at high risk of exposure to the Xinfadi market, will ……
China reports two new coronavirus cases in mainland
Reuters/Thomas Peter Outbreak of the coronavirus disease (COVID-19) in Beijing . BEIJING (Reuters) – China reported two new coronavirus cases in the mainland for July 10, compa … ( read original story …)
Why OneConnect Financial Technology Crushed the Market on Friday
OneConnect didn’t provide the financial details, the scope, or the duration of the arrangement. But considering that the agreement covers both the province’s finance auth … ( read original story …)
China Bohai Bank raises $1.78 bln in Hong Kong IPO -sources
China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct knowledge of…
China Vehicle Sales: Ford vs. General Motors
Ford Motor Co. (NYSE:F) released its second quarter China sales on July 9. Quarterly sales rose on a year-over-year basis thanks to “strong demand following the lifting of COVID-19 pandemic … ( read original story…
US IPO Weekly Recap: Preclinical biotech Nkarta pops 166% in a 5 IPO week
Three biotechs, two Chinese issuers, and one SPAC went public this past week, led by preclinical oncology biotech Nkarta (NKTX), which popped 166% in the best first-day return for a $10+ million IPO … (…
WHO advance team heads to China to set up probe into coronavirus origin
A two-member advance team of World Health Organization (WHO) experts has left for China to organise an investigation into the origins of the novel coronavirus behind a pandemic that has killed more … ( read…
Humanitarian aid to Syrians threatened as Russia and China veto proposals at U.N.
The possible cutoff in food and medical supplies came as the first coronavirus case surfaced in northwest Syria, where millions of displaced Syrians have massed. ( read original story …)
Beijing shouldn’t blame Australia for measured moves on Hong Kong. It forced Morrison’s hand
I feel sorry for Chinese foreign ministry officials, with whom I have had many good conversations over the years. They have been pushed to lambast Australia and other Western democracies with such … ( read…
Global Blockchain Technology Industry
Global Blockchain Technology Market to Reach US$142. 5 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Blockchain Technology estimated at US$4. 4 Billion in the year 2020, is … (…
India’s deadly mountain-top showdown with China could lead to more military activity at sea
India and China’s border dispute in the Himalayas is decades old. But more recent competition in the Indian Ocean is likely to grow. ( read original story …)
