and corporate’s financial settlement and employee bonuses before the Lunar New Year have made the FX supply stronger at year-end and the beginning of the year,” said Liu Yaxin, macro analyst at China …
Monthly Archives For January 2022
China investment firm’s shares slump after $6.6bn bailout
Shares in scandal-hit China Huarong Asset Management have slumped by more than 50% after a state-backed bailout of almost $6.6bn (£4.9bn). The company’s shares had been suspended on the Hong Kong …
China Huarong plunges 50% as trading resumes after 9-month halt
Shares of China Huarong Asset Management Co Ltd plunged as much as 50% in Hong Kong on Wednesday to a record low, as trading resumed after a nine-month suspension, giving investor …
China’s Central Bank Set to Step up Cash Injection Before Lunar New Year Holiday – CSJ
China’s central bank is set to “timely replenish” liquidity shortfalls before the Lunar New Year holiday, the state-owned China Securities Journal said on Wednesday. The People’s Bank of China (PBOC) …
China Huarong Tumbles More Than 50% After Resuming Trading
By Gina Lee Investing.com – China Huarong Asset Management Co. Ltd.’s Hong Kong shares had a hard fall on its first trading day resuming from a nine-month suspension. The shares dived 52.94% to …
China’s Cyberspace Regulator to Require Security Reviews for Apps That Influence Public Opinion – Draft
China’s cyberspace regulator on Wednesday issued draft rules governing mobile apps, stating that apps with functions that could influence public opinion will need security reviews. The regulator added …
China slashes refined fuel export quota, raises LSFO -sources
China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur …
China reports major fall in virus cases in locked-down Xi’an
China on Wednesday reported a major drop in local COVID-19 infections in the northern city of Xi’an, which has been under a tight lockdown for the past two weeks. With the Beijing Olympics beginning …
China’s Henan hit by COVID curbs after sporadic cases
A few central Chinese cities imposed varying degrees of travel curbs after sporadic COVID-19 cases, in line with a national strategy that has taken on extra urgency due to the upcoming Winter Olympics …
Countdown to Beijing 2022 | Beijing 2022 culture and ceremonies chief strives for better
As Beijing marks the one-month countdown to the opening of the 2022 Beijing Olympic and Paralympic Winter Games, the Beijing 2022 organizers aim to do better on all aspects to deliver a successful …
Beijing, New Delhi need greater wisdom to improve ties, suggests China’s state-run Global Times
During Indian or Chinese festivals, it has been a customary for both sides to show goodwill to each other, Lin Minwang, a professor at the Institute of International Studies of Fudan University, told …
China’s property sector has much room for growth as urbanization continues, says investment firm
Teresa Kong of Matthews Asia discusses the Evergrande crisis and the long-term opportunities in China’s real estate sector.
China Mobile makes Shanghai debut after US exit
China Mobile shares have risen as they started trading in Shanghai after raising $7.7bn (£5.7bn) in China’s biggest public offering in a decade.The shares opened 9.4% higher before easing back in …
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