Chengdu Guoguang Electric (688776) to start trading on the Shanghai Stock Exchange’s STAR Market Aug 31, tomorrow. The firm has issued 19.35 mln shares priced at RMB 51.44 per share raising RMB 995.62 …
Monthly Archives For August 2021
China must pursue wider and deeper opening – People’s Daily
China must persist in opening up to the outside world despite rising global uncertainties, the official People’s Daily said in a commentary on Monday. Key quotes “China should s …
Snowboarders beef up Beijing preparations
Far from the slopes, China’s top snowboarders are taking cues from inside the Octagon as they shape up and toughen up for next year’s Beijing Winter Olympics. As part of an agreement between Ultimate …
China Misses Target on Approval of BioNTech-Pfizer Shot, Raising Questions
The potent Covid-19 vaccine developed by Pfizer Inc. and BioNTech SE is widely used in the U.S. and Europe, but China has yet to approve the shot, leaving questions about Beijing’s plans for an …
China Property Watch – August 2021: Lower-Rated Developers Continue to Face Elevated Refinancing Risks
Chinese property developers’ maturing or puttable capital-market debt is likely to fall slightly during 2H21-1H22. Onshore bonds will account for 60.2% of thei …
‘Very optimistic’: Estée Lauder CEO expecting double-digit growth for China in 2022
Estée Lauder Companies CEO has remarked on the strength of China’s beauty market, and said he was expecting it to grow by double-digits next year on the back of the acceleration of its online business…
China’s top 10 chain stores
Sales of China’s top 100 chain stores reached 2.4 trillion yuan ($375.36 billion) in 2020, according to the China Chain Store and Franchise Association. Suning, with total sales of 416.32 billion yuan …
China Construction Bank First-Half Net Profit Rose 11%
By Clarence Leong China Construction Bank Corp. said first-half net profit rose 11% to 153.30 billion yuan ($23.69 billion), helped by a rise in net …
China reports 23 COVID-19 cases for Aug 29, none local
China reported 23 confirmed coronavirus cases in the mainland for Aug. 29, down from 33 a day earlier, according to the National Health Commission on Monday.
Top China Diplomat Scolds Blinken on Afghanistan, Virus Probe
A senior Chinese diplomat called on the U.S. Secretary of State Antony Blinken to work with the Taliban government and stop pressuring Bejing over the virus origin probe in order to improve ties …
China’s Wu hoping for weather advantage in World Cup qualifiers
Chinese striker Wu Lei believes his side’s recent experience of the heat and humidity of the Gulf summer could give them an advantage going into next month’s World Cup qualifying matches against …
Slumping Asian Currencies Face More Risk From Slowdown in China
From Covid risks to talk of a reduction in U.S. stimulus, there’s been no shortage of bad news for Asian currencies. An upcoming report on China’s manufacturing sector may add to the pressure.Traders …
China Graft Watchdog Calls for Stricter Regulation of Some Restaurants
China’s graft watchdog on Monday called for stricter supervision of restaurants that chase rapid success online after a series of food safety scandals, as regulators continue to ramp up pressure on …
