China’s top offshore oil and gas producer, CNOOC, has launched the country’s first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 …
Monthly Archives For August 2021
As China’s economy slows, can consumers pick up the slack?
China’s economy is slowing. Industrial production and retail sales growth have both decelerated sharply in recent months, so which sector could be the swing producer of extra impetus in Beijing’s …
China’s Huarong posts $21.4 billion loss as leverage hit 1,333 times
Asset Management Co.’s long-delayed 2020 results showed a record loss, with leverage hitting 1,333 times and capital buffers far short of the r …
Pinduoduo Better Positioned Than Alibaba, Other Rivals In China: Why Cathie Wood’s Ark Is Bullish
Pinduoduo Inc (NASDAQ: PDD) is better able to improve its relationship with the Chinese government compared to rivals such as Alibaba Group Holding (NYSE: BABA) and JD.com Inc (NASDAQ: …
China Evergrande says it will not hold news briefing after H1 earnings
China Evergrande Group (3333.HK), the country’s debt-laden No. 2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday.
Why is the Communist Party clamping down on China’s biggest stars and fan clubs?
The crackdown came quickly and sweepingly, wiping out some of China’s biggest stars and fans clubs in a matter of days.
China tightens scrutiny on $9.3 trillion fund industry
China’s top securities regulator pledged on Monday to crack down on mismanaged private funds and weed out fake ones, as the government becomes more assertive in dealing with an industry worth 60 …
China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead
China has introduced a slew of new tech regulation. With most landmark legislation passed, investors are wondering if it’s time to jump into Chinese stocks.
China’s central bank may further loosen monetary policy in second half of 2021, says Jefferies
Shujin Chen of Jefferies says China’s economic growth has been slowing down and she expects there will be marginal loosening in the second half of 2021.
China’s Central Bank Official Gives Stern Warning on Cryptocurrencies as They are Not Legal Tender and Have No Actual Value
The People’s Bank of China (PBoC) is the central bank of the People’s Republic of China. On August 27, 2021, Yin Youping, Deputy Director of the Financial Consumer Rights Protection Bureau of the PBoC …
China August factory activity seen growing at slightly slower pace: Reuters poll
Growth in China’s factory activity likely cooled further in August, a Reuters poll showed on Monday, as COVID-related restrictions and high raw material prices continued to pressure manufacturers and …
China Huarong flags new strategic investors after $16bn loss
Chinese state-owned asset manager China Huarong Asset Management sought on Monday to turn the page on a $16 billion annual loss, as its chairman said it was in talks with potential new strategic …
The week in review: China’s internet regulator joins tech crackdown
This round-up focuses on new stricter rules for the technology sector by the Cyberspace Administration of China …
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