Microsoft on Sunday confirmed that it has held talks with Chinese technology company ByteDance to acquire its trendy social app TikTok in the U.S. Microsoft said in a statement that it will keep … (…
Monthly Archives For August 2020
China tech stocks rally as investors bet on decoupling with US
Chinese tech stocks jumped despite Washington’s threat to ban apps including TikTok, as traders instead focused on buying up names that could benefit from a decoupling of the world’s two biggest … ( read original…
China’s Aggressive Moves Are a Profit Catalyst Here
The other day, I pointed out some low-risk ways Americans can profit on the bull run underway in China – a market also buoyed by stimulus and a flood of cash coming in from the…
HSBC results: Bank posts sharp fall in profits and warns of US-China tensions
HSBC posted a 65% drop in profits in its first half 2020 results Monday as the bank continues to be weighed down by the effects of the coronavirus crisis and falling interest rates around the…
US dollar vs yuan: why China’s threat against HSBC rings hollow – for now
China’s stalling efforts to internationalise the renminbi means it needs HSBC to provide international access. So, are those HK$35 shares a bargain? Not so fast … ( read original story …)
China Life sweeps seven accolades at Institutional Investors’ 2020 All-Asia Executive Team rankings
China Life Insurance Company Limited (“China Life” or the “Company”) (SSE: 601628; SEHK: 2628; NYSE: LFC) is pleased to announce that the Company has won seven awards from Institutional Investor’s … ( read original story…
China Weighs Bond Issue to Help Pay Clean Energy Subsidies
Chinese officials are considering a proposal to sell bonds to pay renewable energy subsidies owed to developers, according to people familiar with the matter.Officials have reached out to renewable … ( read original story …)
Blockchain Technology in the Energy Sector Market to cross USD 10,287 Million by 2026
Selbyville, Delaware Market Study Report newly added the Global Blockchain Technology in the Energy Sector Market Report that gives meticulous investigation of current scenario of the market size, … ( read original story …)
China suspends HK extradition treaty with New Zealand
China suspended Hong Kong’s extradition treaty with New Zealand on Monday amid a row with Western nations protesting against a tough new security law that Beijing imposed on the city. New Zealand is … (…
China’s Star Board Among World’s Top Three IPO Venues
China’s technology focused Star board may be just over a year old, but it already ranks among the world’s top three initial public offering venues. ( read original story …)
HSBC’s profits dive 67% in the second quarter as COVID-19 and US-China geopolitical trade risk hit the lender
The British bank reported profit before tax of $1.1 billion, 67% lower than the $3.2 billion it made in the first quarter of 2020. ( read original story …)
Duterte On The South China Sea: ‘I Cannot Afford’ To Go To War With China
Philippine President Rodrigo Duterte says his country does not have the financial resources to wage a war with China over maritime territorial disputes. ( read original story …)
China suspends extradition agreement with New Zealand
China said on Monday it will suspend its extradition agreement with New Zealand in response to Wellington suspending its existing extradition treaty with Hong Kong. ( read original story …)
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