The premium on parcels of land in eight major cities that completed their first round of auctions for the year was up from 2021 as home builders went higher with their bids.
Monthly Archives For April 2022
China Tech Stocks Slide as Risks Outweigh Game Approval Uplift
Chinese tech stocks erased earlier gains on Tuesday as worries over rising interest rates and Covid-19 lockdowns outweighed optimism from Beijing’s approval of new video game licenses.Most Read from …
China Tech Stocks Advance as New Game Licenses Stir Optimism
Chinese technology stocks rose on Tuesday as Beijing’s approval of new video game licenses fueled bets that the country’s crackdown on the sector may have peaked. Companies that obtained new licenses …
Tencent soars after China ends 8-month gaming freeze
Tencent Holdings surged more than 5 per cent, joining the rest of China’s gaming industry in a rally after regulators approved the country’s first batch of new titles in more than eight months. . Read…
China Junk Bonds, Property Stocks Drop Again: Evergrande Update
Chinese high-yield dollar bonds declined for a second day, as a three-week rally loses steam amid a worsening Covid outbreak and fading optimism over policy support measures.Most Read from …
China’s top finance regulator supports recovery of virus-hit domestic logistics system
China Banking and Insurance Regulatory Commission (CBIRC) vowed to initiate series of fiscal policies to accelerate the recovery of domestic logistics sector during the latest omicron outbreak, the …
T Scientific to acquire 60% of S.Korean crypto exchange Hanbitco for $19.5 mln
South Korean mobile services company T Scientific announced it will purchase a 60.36% stake in PlutusDS, operator of local cryptocurrency exchange Hanbitco.
China’s “bulletproof” coffee IPO is full of holes
Star Plus Legend banks on the founder’s pop-star son, Jay Chou, hawking butter-infused, or bulletproof, java and other diet fads. Beijing’s crackdown on celebrity influence, however, threatens $57 mln …
China reports 1,251 new locally transmitted Covid-19 cases in 24 hrs
China on Monday reported fresh1,251 locally transmitted confirmed Covid-19 cases, the National Health Commission said on Tuesday.
US Orders Non-Essential Staff To Leave China’s Shanghai Amid Covid Spike
The United States has ordered all non-essential employees at its Shanghai consulate to leave over concerns about their safety, an embassy spokesperson said in a statement Tuesday.
Hong Kong chief executive election 2022: why is Beijing slow to appoint a chief secretary this time?
Beijing has yet to appoint Hong Kong’s new No 2 official as it wants to ensure a smooth transition of governments and also not place the outgoing leader in an awkward situation of having her…
Draft law heralds enhanced financial safety net
The People’s Bank of China, the central bank of China, started soliciting public views on the draft Financial Stability Law last week. The draft law proposes the establishment of a financial stability …
Green finance turns thin air into money
What amazes farmer Ying Zhongdong in East China’s Zhejiang province most these days is a sort of miracle that turns local thin air into money. The fresh air in the bamboo forest area near his…
