Short-seller Hindenburg Research said on Friday it was going short on Chinese blockchain firm SOS Ltd , saying the stock has significant regulatory risk, sending its shares down 14%. ( read original story …)
Monthly Archives For February 2021
China-India border clash: Shenzhen drone maker helps Chinese army keep tabs on ‘foreign force’, praises workers
Keweitai Enterprise Development praised two workers who sustained injuries while helping the Chinese army in clashes at the disputed Himalayan border in a WeChat post offering a glimpse at how private … ( read original…
China Bank income jumps 20% in 2020
China Banking Corp. earned 20 percent more in 2020 as its asset base breached the P1-trillion level despite the uncertainties brought about by the COVID-19 pandemic. In a statement, China Bank … ( read original…
Virginia Beach mask maker, Chesapeake supplier say China remains threat to business, national security
A masked Dr. Fauci bobblehead sat on the conference room table inside the Virginia Beach headquarters of Premium-PPE recently, crowded by boxes of masks, remnants of a meeting with Rep. Elaine Luria … ( read…
China approves two more Covid-19 vaccines for general use
Convidecia, a single-shot product developed by CanSino Biologics, has been shown to prevent disease symptoms after infection, drugs regulator says. ( read original story …)
Chinese look at new housing project in Beijing
Potential Chinese home owners look at a large layout of a new residential and commercial project now under construction and with units for sale in Beijing on November 26, 2012. Home ownership, once … (…
Man walks past a construction site layout in Beijing
A Chinese man walks past the layout of a new residential housing estate planned for construction in Beijing on October 16, 2013. China’s construction boom could be stalling out, according to Societe … ( read…
What does US bond ‘taper tantrum’ mean for China’s financial markets?
A sell-off in the US Treasury bond market this week caused declines in global markets, evoking memories of a collective reactionary panic and highlighting China’s vulnerabilities to shifts in capital … ( read original story…
China’s securities regulator says IPO queuing indicates confidence in capital market
Photo taken on Nov. 3, 2020 shows the view of the Lujiazui area of Pudong, east China’s Shanghai. (Xinhua/Ding Ting) BEIJING, Feb. 26 (Xinhua) — While the large number of companies queuing for IPO ……
Store Clerks Stock Shelves with Imported Goods in Beijing, China
Chinese store clerks stock shelves with imported food items at an upscale ‘Western’ supermarket in downtown Beijing on Friday, February 26, 2021. China is placing greater emphasis on food security and … ( read original…
China Persecutes Those Who Question ‘Heroes.’ A Sleuth Keeps Track.
In China, don’t question the heroes. At least seven people over the past week have been threatened, detained or arrested after casting doubt over the government’s account of the deaths of Chinese … ( read…
ICBC Names Chief Risk Officer Liao Lin as New President of World’s Biggest Bank
Industrial and Commercial Bank of China, the world’s largest lender, said yesterday that it has promoted Liao Lin, chief risk officer and senior executive vice president, to the position of president. ( read original story…
China Bank 2020 net profit up 19.8% led by net interest income
China Banking Corp. said it booked a 19.8% increase in net profit in 2020, with the low-interest environment driving solid growth in net interest income by reducing the payout to depositors, and with … (…
