Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story …)
Monthly Archives For November 2020
New rule allows MPF fund managers to invest in Shanghai, Shenzhen shares, enabling 4.5 million savers to tap mainland China’s booming stock market
The rule change, announced on Friday and effective immediately, has added the Shanghai and Shenzhen stock markets to a list of approved exchanges for the MPF to invest in. It means the scheme’s fund ……
Tsinghua University, China Mobile join hands to establish research institute
China’s renowned Tsinghua University has joined hands with China Mobile, one of the country’s leading telecommunication operators, to establish a research institute and develop cutting-edge … ( read original story …)
Tech Investments in China Are Focused on 3 Trends, Says Venture Capital Firm
China will see more services moving online, greater use of smart devices and a wireless future, said Hongye Wang, a partner at Antler. ( read original story …)
China stocks slip as healthcare shares, bond defaults weigh
China stocks ended lower on Tuesday, weighed by losses in healthcare stocks on concerns over lofty valuations, while more bond defaults hit sentiment. ( read original story …)
China Should Set Around 5% GDP Goal for 2021-2025: Think Tank Economist
China should set an average annual economic growth target of around 5% for the 2021-2025 period, a senior economist at a top government think tank said on Tuesday, in line with a Reuters report. China…
Vaccine Unproven? No Problem in China, Where People Scramble for Shots
Work was in Ivory Coast, however, and since January the global coronavirus outbreak had stranded the 26-year-old translator in mainland China. Then friends told Mr. Zhang of a way he could get his … (…
Exclusive: BMW deal to hike stake in China JV unaffected by Brilliance parent’s debt issues
German automaker BMW said on Tuesday that there was no indication that its deal to hike its stake in its main China joint venture with Brilliance China Automotive would be impacted by the debt issues…
China praises British diplomat for saving drowning woman
Beijing on Tuesday praised a British diplomat who was filmed diving into a river in southern China to save a drowning student, a rare warm moment between two countries at loggerheads over human rights ……
West China Hospital’s COVID-19 vaccine candidate enters mid-stage human trial
An experimental coronavirus vaccine developed by West China Hospital has entered a mid-stage human test, authorities of China’s southwestern province of Sichuan said on Tuesday. A Phase 2 trial to … ( read original story…
China Sees Little Fallout From Ant IPO Suspension
Fang Xinghai, vice chairman of the China Securities Regulatory Commission, says international investors have responded “quite well” to the suspension of Ant Group Co.’s initial public offering. He … ( read original story …)
Huawei confirms sale of Honor business to Shenzhen consortium
Huawei has confirmed an agreement to sell its consumer smartphone brand Honor and related business to a consortium led by the city of Shenzhen and local dealers of Honor products. No financial details … (…
Recent China debt defaults do not pose a systemic risk: BlackRock
BlackRock’s Neeraj Seth looks at the opportunities for investing in Asian credit and explains why he’s looking to add risk into Chinese high-yield bonds. ( read original story …)