The collapse of China’s second-largest real estate developer Evergrande has left the entire world jittery. Uday Kotak, CEO of Kotak Mahindra Bank, called the Evergrande crisis China’s Lehman moment.
Monthly Archives For September 2021
Chinese City Shuts Down Over New Covid-19 Cases; Whistleblower Claims China Deliberately Spread Virus
A Chinese whistleblower claimed China deliberately spread Covid at a military tournament two months before it reported about the deadly virus.
Hangzhou Wensli Silk Culture debuts on Shenzhen Stock Exchange, rose 285%
Hangzhou Wensli Silk Culture (301066) opened at RMB 22 on its first day trading on the Shenzhen ChiNext Market, an increase of 320% from its IPO price of RMB 5.24.
Here’s why the Evergrande crisis is not China’s ‘Lehman moment’
Property developer China Evergrande’s debt woes are unlikely to cause the same fallout as the collapse of U.S. investment bank Lehman Brothers, analysts said.
China’s Overseas Coal Power Retreat Could Wipe Out $50 Billion of Investment
China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal …
China Pumps $18.6 Billion Into Banking System During Evergrande Crisis
China’s central bank boosted its gross injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets. The People’s Bank of …
China Universal Bloomberg China Policy Bank Bond 1-3 Years Index Fund opens for subscription today
China Universal Bloomberg China Policy Bank Bond 1-3 Years Index Fund (012128) is launched today for subscription. The fund is a passive bond index fund managed by China Universal Asset Management Co.
Exports exceed a billion US dollars for the 3rd consecutive month
Sri Lanka’s merchandize exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per the data released by the Sri…
The Future Of China’s Gas Demand
How far can China’s gas demand continue to grow and how could carbon neutrality impact the role of gas in China?
Opinion: Challenging the ‘visible’ and ‘invisible’ hands in Ant Group’s IPO halt
OPINION: Could ‘visible’ government and ‘invisible’ market hands complement each other?
Why China’s Promise to Stop Funding Coal Plants Around the World Is a Really Big Deal
Chinese President Xi Jinping announced on Tuesday that China will no longer finance overseas coal projects—a move that could have far-reaching implications for the world’s ability to meet climate …
Comparison of the usage statistics of China Unicom vs. Register.it for websites
This report shows the usage statistics of China Unicom vs. Register.it as data center provider on the web. See technologies overview for explanations on the methodologies used in the surveys. Our …
Copper falls as China’s August imports hit over 2-year low
London copper prices fell on Tuesday, as the metal’s August imports by top consumer China fell to their lowest since June 2019, as high prices and sluggish economic growth hit demand. China’s copper …
