Chinese artificial intelligence start-up SenseTime said Monday it will press ahead with its Hong Kong listing, a week after it was blacklisted by the United States over accusations of genocide in …
Monthly Archives For December 2021
“Hugely embarrassing”: Pro-Beijing candidates sweep Hong Kong election with record low turnout
Pro-Beijing candidates claimed victory in Hong Kong’s Legislative Council (LegCo) election under the new “patriots only” system, per Reuters.Why it matters: This was the first LegCo since Beijing …
China cuts lending rate as economic momentum falters
The People’s Bank of China has cut one of the country’s most important lending rates in a sign that the government is pushing ahead with policy easing measures to counter a loss of economic momentum.
China puts pioneering ‘pebble bed’ nuclear reactor into operation
China has launched a new high-temperature gas-cooled nuclear plant in the eastern coastal province of Shandong, the first to make use of ‘pebble bed reactor’ (PBR) technology developed by state-run …
China’s 1-Year Loan Prime Rate Cut by 5 Basis Points
Jian Chang, chief China economist at Barclays Asia Pacific, discusses China’s loan prime rates, PBOC monetary policy and her outlook for the currency. She speaks on “: China Open.” (Source: Bloomberg) …
China Won’t Depend on Corn Imports, Unlike With Soybeans, Official Says
China’s corn imports, which are set to exceed the quota next year, will come under control in the medium- and long-term as domestic production increases, so corn won’t follow in soybeans’ footsteps, …
2022 IPO landscape could get more diverse as India, Korea race to fill void left by Chinese tech
Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech.
Pro-Beijing candidates sweep victories at Hong Kong polls
Pro-Beijing candidates dominated Hong Kong’s legislative elections, beating out moderates and independents in the city’s first public poll after Beijing passed a resolution to amend the city’s …
Pro-Beijing candidates sweep Hong Kong ‘patriots’-only elections
Legislative elections marred by record low turnout following crackdown on political dissent …
China Boosts Property Support With M&A Funding, Bank Rate Cut
China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown.
China relaxes clampdown on property market as offshore corporate bond defaults hit new record
China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown. . Read more at straitstimes.com.
China urges real estate project acquisitions to aid struggling developers
SHANGHAI: China is urging large private and state-owned property companies to acquire real estate projects from troubled developers to reduce risks that mounting debt piles will destabilise the …
China Property Stress Scenario Points to Contagion Risk
A stress analysis of Chinese property developers publicly rated by Fitch Ratings has highlighted potential liquidity strain for close to one-third of the portfolio under a severe scenario involving a …
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