Shares of Chinas second largest mobile operator China Telecom surged as much as 44 over the offer price of 453 yuan as the company made its stock mar …
Monthly Archives For August 2021
China NPC: Three-child policy formally passed into law
China has formally revised its laws to allow couples to have up to three children, to boost the birth rate. The regulation was one of several passed on Friday at a meeting of the countrys…
Corona death crosses 1 lakh in Iran
TEHRAN: Recorded deaths from Covid in Iran passed the 100,000 mark on Thursday, the health ministry said, amid tighter restrictions nationwide to contain the spread of the virus, reports AFP. In the …
Beijing unexpectedly postpones vote on adding anti-sanctions legislation to Hong Kong’s Basic Law
The law, designed to punish companies that abide by US sanctions or fail to carry out China’s, has prompted anxiety among some foreign investors.
China Telecom Surges in 2021’s Biggest Listing, Passing Kuaishou
China Telecom Corp., the country’s second largest mobile operator, surged 35% over its offer price of 4.53 yuan in its market debut in Shanghai, cementing its status as the world’s biggest listing so …
Can China Step Off Its Property Treadmill? Not Likely
The real estate bubble has made prices beyond unaffordable, but even a simple solution like a property tax could be a dire threat to the economy.
Can China Hold On to Its Property Balloon? Not Likely
The real estate bubble has made prices beyond unaffordable, but even a simple solution like a property tax could be a dire threat to the economy.
China’s oil imports plummet 20% for 2nd straight month in July
China’s oil imports are plunging as Beijing cuts supplies to dirty local oil refineries. Oil shipments to the world’s largest crude importer fell 20% in both June and July, year-on year, mainly …
China’s First mRNA Covid-19 Vaccine Developer Abogen Raises Over USD700 Million
Abogen Biosciences, which co-developed China’s first candidate messenger ribonucleic acid vaccine against Covid-19, said it has set a new record for the most raised in a single financing round in the …
CISA advocates Chinese mills to adjust export strategies
China Iron and Steel Association has asked its member steel mills to be more disciplined when engaging in steel export business, pressing them to control their export volumes and adjust their export …
China Reports 4 New Local COVID-19 Cases on Friday
The Chinese mainland recorded four new local COVID-19 cases on Thursday, according to a daily report by China’s National Health Commission on Friday. Two of the cases were recorded in Jiangsu, where …
China Unicom Considers IoV Unit Spin-Off for Mainland Secondary Listing
China Unicom Hong Kong is considering spinning off its Internet of Vehicles unit to file for an initial public offering on the Chinese mainland’s A-share market. The potential spin-off is under …
China Telecom jumps in Shanghai debut amid weak market
China Telecom Corp, blacklisted by the U.S. government, surged on its first day of trade on Friday, defying a bearish market and following its $7.3 billion fundraising via public offering, the world’s …
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