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 …
Monthly Archives For January 2022
China ups security review for online platforms seeking overseas IPOs
A newly revised Chinese regulation requires online platforms with more than 1 million users to undergo a cybersecurity review when they seek initial public offerings (IPOs) in overseas markets.
China Evergrande’s 2021 Sales Plunge 39%
China Evergrande Group’s property sales plummeted in 2021 for the first time in at least a decade as the giant developer slipped into default and buyer confidence faded. Bloomberg’s Stephen Engle …
China Huarong shares set to fall 40% in resumed trade after 9-month halt
Shares of China Huarong Asset Management Co Ltd are set to fall 40% as the stock resumes trading on Wednesday after a nine-month suspension.
China Evergrande to hold meeting with bondholders on Jan 7-10
China Evergrande Group said on Wednesday it will hold an online meeting with bondholders on Jan. 7-10 to vote on proposals including one on delaying the redemption date of some bonds to July 8 from…
China Huarong falls 50% as trading resumes after 9-month halt
“at-above-post addthis_tool” data-url=” KONG (Reuters) -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 …
China Mobile shares open 9% higher in Shanghai debut
China Mobile Ltd 600941.SS opened higher on its Shanghai debut on Wednesday after raising 48.7 billion yuan ($7.64 billion) in China’s biggest public share offering in a decade. China Mobile opened at …
Beijing 2022 Organizing Committee introduces 2 spokespersons
Zhao Weidong is the Director of the Media & Communications Department of Beijing 2022, and Yan Jiarong is a former member of the Chinese delegation to the UN General Assembly. “All preparations for …
Beijing of Dreams video shows capital at its best
“Beijing of Dreams,” a promotion video presenting the Chinese capital’s charms, was officially released at the year-ender of 2021. The video presents a versatile Beijing and captures touching moments …
China’s Covid policy will be a wild card for markets in 2022
The choice Beijing makes is one of the greatest wild cards for 2022. The consensus is that China’s stance will ease. This would boost consumption and stabilise the economy following its sharp slowdown …
China Huarong Falls 40% as Trading Resumes After 9-Month Halt
China Huarong Asset Management Co. slumped 40% in Hong Kong as a nine-month trading suspension was lifted following a $6.6 billion state-orchestrated bailout of the troubled bad asset manager. The …
X Daily: Five Things to Know About China’s Plan to Stabilize Growth in 2022
Growth / Five things to know about China’s plan to stabilize growth in 2022. Stabilizing economic growth has reemerged as the top priority of China’s policymakers as the world …
Olympic fever? Not in a Beijing where the shadow of Covid-19 deepens the winter chill
The Games will be held amid tight coronavirus controls, while foreign visitors have been banned and it is not clear if ordinary Chinese will be allowed to attend.
