China’s central bank said Monday that it would make interbank repo rates by depository institutions a key reference for setting prices in the nation’s financial market, in its latest move toward … ( read original…
Monthly Archives For September 2020
ChinData readying U.S. IPO of up to $400m, say sources
Chinese data centre owner ChinData Group is preparing to file confidentially for a U.S. IPO to raise up to $400 million as it becomes the latest mainland firm to seek a New York listing, two…
BRIEF-Shenzhen Salubris Pharmaceuticals’ Controlling Shareholder Plans To Sell 5% Stake To CLSA Asset Management
SAYS CONTROLLING SHAREHOLDER PLANS TO SELL 5% STAKE IN THE COMPANY TO CLSA ASSET MANAGEMENT LIMITED FOR 1.78 BILLION YUAN ($260.85 million) Source text in Chinese: bit.ly/2ESKeFq Further company … ( read original story …)
TikTok Deal Talks Slowed By China Rules
Beijing recently issued new restrictions on the export of artificial-intelligence technology … ( read original story …)
Australian government says it was not told why Australian journalist detained in China
Australia’s trade minister Simon Birmingham said Canberra didn’t know why Chinese authorities had detained Australian citizen Cheng Lei, as he warned that the risks for Australian businesses engaged … ( read original story …)
Defying China’s wrath, Czech senator delivers Taiwan speech
Defying anger from China, the president of the Czech Republic’s Senate has addressed Taiwan’s national legislature, offering a strong rebuke to authoritarian politics and Beijing’s increasingly aggres … ( read original story …)
Copper Hits Two-Year High on China Rebound
Strong manufacturing data from China and a weakening U.S. dollar pushed copper prices to their highest level since June 2018. ( read original story …)
Canberra says not told why Australian journalist detained in China
Australia does not know why Chinese authorities have detained Australian citizen and television anchor Cheng Lei, Trade Minister Simon Birmingham said on Tuesday, adding to the mystery why the … ( read original story …)
Huawei, OnePlus and beyond: China’s biggest smartphone brands you should know about
From Huawei to Lenovo to Meizu, here’s a breakdown of the players in the daunting landscape of Chinese smartphones. ( read original story …)
From suburban Melbourne to detention in Beijing: The rise of a TV anchor
Facebook diary entries reveal Cheng Lei had become increasingly concerned about the Chinese government’s handling of the coronavirus crisis. ( read original story …)
In China, the ‘Great Firewall’ Is Changing a Generation
Once it seemed inevitable that the internet would create a more open society. Now it’s fostering young nationalists. ( read original story …)
ChinData readying U.S. IPO of up to $400 million, say sources
Chinese data centre owner ChinData Group is preparing to file confidentially for a U.S. IPO to raise up to $400 million as it becomes the latest mainland firm to seek a New York listing, two…
China’s top banks swamped by wave of Covid-19 related bad loans see pandemic casting shadow on full-year profits
Top executives of China’s leading state-owned banks dampened hopes of a quick recovery, saying they expect their second-half net profits to continue to be weighed down by mounting sour loans despite … ( read original…