Fintech investment in China increased from $900 million in H2’20 to over $1.3 billion in H1’21, achieving the best result since H2’19, according to KPMG’s Pulse of Fintech, a bi-annual report on …
Monthly Archives For August 2021
China Covid curbs hit electronic cos’ output
The development has further increased freight costs by 40-50% — having almost doubled in the past three months — with companies saying they will b..
China eyes pushing US IPO-bound firms to hand over data control: Sources
The regulators believe bringing in third-party information security firms, ideally state-backed, to manage and monitor IPO hopefuls’ data could effectively limit their ability to transfer Chinese …
Heilongjiang Publishing&Media’s IPO to debut on Shanghai Stock Exchange
Heilongjiang Publishing&Media (605577) to start trading on the Shanghai Stock Exchange’s Main Board Aug 24, tomorrow. The firm has issued 44.44 mln shares priced at RMB 5.99 per share raising RMB 266.
China says foreign trade may face more complicated situation next year
China’s foreign trade may face a more complicated situation next year given base effects and receding positive factors associated with the global COVID-19 pandemic, Wang Wentao, the country’s Commerce …
China imports July 2021: Mini (+71.5%), BMW (+35.6%), Audi (+33.6%) impress in market up 2.8%
Mini sales are up 71.5% year-on-year in China in July. Sales of imported cars in China edge up 2.8% year-on-year in July to 87.567, leading to a year-to-date tally up 11.8% to 580.295. Lexus (+3.4%)…
China Says Zero New Local Cases; U.S. Deaths Rise: Virus Update
China reported no new locally transmitted daily Covid-19 infections. Taiwan President Tsai Ing-wen received her first shot of a domestically developed vaccine. New Zealand reported 35 new cases in the …
China hits COVID zero cases with month of draconian curbs
It’s been just over a month, and China has once again squelched COVID-19, bringing its local cases down to zero.
China reports no new local COVID-19 cases for first time since July
China’s health authority reported on Monday that there were no new locally transmitted cases of COVID-19 for the first time since July, offering more signs that the current outbreak which began late …
Investors See Green Hydrogen Advancing as China Signals Support
Chinese investors see potential for further gains in companies making equipment needed to produce or use green hydrogen, a clean energy source most governments are betting will help them meet …
Will China crash into financial crisis?
As China slows with a receding credit tide, its titanic armies of naked swimming businesses are exposed. So far, the headlines have been hogged by Huarong and Evergrande but there are many other …
China Stock Market Expected To Snap Losing Streak
The China stock market has tracked lower in back-to-back sessions, sliding almost 60 points or 1.8 percent along the way. The Shanghai Composite Index now rests just above the 3,425-point plateau …
China’s coming era of ‘common prosperity’ – and what it means for the rich
When Chinese student Ding Xueliang was studying in the US city of Boston in the late 1980s, one of the biggest lessons he learned occurred outside the classroom. Ding crossed paths with a number of…
