Blair William & Co. IL increased its holdings in China Mobile Ltd. (NYSE:CHL) by 658.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC) … ( read…
Monthly Archives For August 2020
Bad Debt Wave Drags China’s Big Banks to Worst Profit Drop
China’s biggest banks posted their worst profit declines in more than a decade, putting pressure on their dividend plans, as bad debt ballooned and the government drew them into efforts to backstop a … (…
China’s Slower Factory Growth Eclipsed by Robust Services in Boost to Economic Recovery
China’s factory activity grew at a slower pace in August as floods across southwestern China disrupts production, but the services sector expanded at a solid rate in a boost to the economy as it ……
China manufacturing grew in August but weaker
China’s manufacturing activity held steady in August as domestic demand helped to offset weaker orders from exports markets that are struggling with the coronavirus pandemic, … ( read original story …)
China launches second probe into Australian wine imports
China is the top market for Australian wine exports and is also Australia’s largest trading partner, with two-way trade worth A$235 billion ($170 billion) last year. ( read original story …)
Nongfu Spring raises $1.1 bln in Hong Kong IPO – sources
Chinese drinks producer Nongfu Spring will raise nearly $1.1 billion in its Hong Kong initial public offering (IPO) after pricing its shares at HK$21.50 each, according to two sources with direct … ( read original…
China Factory Activity Slows In August As Flooding Hits Business
Factory activity in China slipped slightly in August, according to official data published Monday, as the country grappled with the fallout from widespread floods. The closely watched Purchasing … ( read original story …)
China reports 17 new COVID-19 cases on Aug 30 vs 9 a day earlier
China reported 17 new COVID-19 cases on Aug. 30, up from 9 reported a day earlier, the country’s health authority said on Monday. The National Health Commission said all of the new cases were imported…
Shenzhen’s success story holds lessons even as US-China tech war bites
Shenzhen’s transformation is the result of a talent scheme by a city government that has learnt to tango with the private sector. ( read original story …)
ByteDance says it will abide by tightened China export laws as TikTok sale looms
China amended its list of technologies subject to export restrictions to include data personalization services, a move which could complicate ByteDance’s sale of TiKTok. ( read original story …)
China Just Called Trump’s Bluff on TikTok
TikTok is essentially going through a forced sale. Then Beijing stepped in. China’s Commerce Ministry added new items to its list of export controls late Friday. Now, artificial intelligence interface … ( read original story …)
Asia Pacific stocks rise; China’s August manufacturing activity data ahead
China’s official manufacturing Purchasing Managers’ Index for August is set to be released at around 9:00 a.m. HK/SIN on Monday. ( read original story …)
Value of Chinese Brands Growing at 8X Global Average
Beijing contributed nearly half of the value of China’s strongest brands, according to a ranking by Brand Finance. ( read original story …)
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