HNA Group, a debt-burdened Chinese airline operator that faced opposition in Washington to its attempt to buy a Wall Street hedge fund during a costly global acquisition spree, says its creditors have … ( read…
Monthly Archives For January 2021
China’s regulator drafts rules on corporate governance of banks and insurers
China’s banking and insurance regulator issued draft rules on Friday on corporate governance of banks and insurers, the latest regulatory move to contain management risks of financial institutions. ( read original story …)
China’s Top Bottled-Water Group Swells to an $85 Billion Valuation
Nongfu Spring’s profit margins and growth potential have impressed investors and analysts. Exuberance and a shortage of tradable shares have helped, too. ( read original story …)
UPDATE 1-Retail buyers flood China’s Kuaishou HK IPO with $162 bln offered
China’s Kuaishou Technology raised $5.4 billion from its IPO, the top of the range, with offers from retail investors reaching a mammoth $162 billion, nearly half of it backed by margin loans, three … (…
China says former head of state-owned asset management firm executed in bribery case
BEIJING — China says former head of state-owned asset management firm executed in bribery case. Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, … ( read original story…
UPDATE 1-China’s HNA says creditors have applied for its bankruptcy
China’s HNA Group said on Friday that its creditors have applied to a Chinese court for the company to be placed in bankruptcy and reorganised, in another blow to the once high-flying conglomerate. ( read…
China’s January factory activity growth likely slowed as COVID cases rise: Reuters poll
China’s factory activity likely expanded at a slower pace in January amid a resurgence of local COVID-19 cases, a Reuters poll showed, although growth is seen staying at an elevated level, suggesting … ( read…
China had a head start on coronavirus vaccinations. It’s now falling behind the West.
China was the first country hit by the coronavirus, among the earliest to recover and the fastest to begin rolling out homegrown vaccines. But its focus on exporting vaccine doses — partly because of ……
China Targets U.K.’s Hong Kong Passports Over Citizenship Plan
HONG KONG—China said it would no longer recognize a type of British passport that millions of Hong Kong people are eligible for, as tensions rise between the nations over the U.K.’s plan to offer a…
Trial of Chinese corona vaccine completed in Pakistan
Punjab Health Minister Dr Yasmeen has said that the trial of corona vaccine with China has been completed and the results of the analysis will come in a few days. According to details, Punjab Health…
Hong Kong national security law: Beijing won’t recognise British National (Overseas) passports as travel papers from Sunday, reserves right on further action
Beijing has declared it will stop recognising British National (Overseas) passports as travel and identification documents from Sunday and warned of further actions in retaliation against Britain’s … ( read original story …)
Antony Blinken Picks Up Mike Pompeo’s Mantle as He Tackles China Head-On
The emergence in Congress of a bipartisan view of China as a serious threat to American interests may see the Biden administration take an equally tough stance on Beijing’s policies. ( read original story …)
China paper urges tougher curbs on algorithms used by online platforms
China should boost efforts to protect online users against breaches of privacy and bids to steer web traffic by tightening regulations on the use of algorithms by internet platforms, state newspaper … ( read original…
