Excitement has been growing in the hard-pressed VLCC sector this week as excess US crude exports lead to more fixtures into China. Brokers are also reporting unusually high levels of bookings from …
Monthly Archives For June 2022
JPMorgan picks stocks to play a part of China that’s flown under the radar
While big Chinese cities battle Covid, consumers in smaller cities are more in a mood to spend, JPMorgan analysts said, citing a consumer expert.
China calls for solidarity, openness as world faces drastic changes
China on Wednesday underscored the importance of solidarity and openness at a time when the world is facing drastic changes “unseen in a century” and witnessing “major setbacks” in development.
China Bourse Poised To Add To Its Winnings
The China stock market on Thursday wrote a finish to the three-day losing streak in which it had fallen more than 50 points or 1.5 …
China reports 143 new COVID cases for June 23 vs 135 a day earlier
Mainland China reported 143 new coronavirus cases for June 23, of which 37 were symptomatic and 106 were asymptomatic, the National Health Commission said on Friday.
China a true contributor to human rights cause
When it comes to least-developed and developing countries, human rights are mainly about the rights to health, education, livelihood and equality. They are also about building an inclusive society and …
UBS’s top China banker says Hong Kong still a magnet for global IPOs, with additional reforms likely to attract more start-ups in Greater Bay Area
Some 2,300 companies have raised US$582 billion via Hong Kong IPOs since the 1997 handover through May 2022, according to Refinitiv data Hong Kong can still grease the IPO wheel to accommodate the …
China’s Tech Giants Lost Their Swagger and May Never Get It Back
Fear and paranoia now cow a once-proud $1 trillion internet industry. Even if Beijing relents, the sector is a shadow of its former self.
Shanghai reports 2 confirmed local COVID-19 cases
China’s Shanghai reported two locally-transmitted confirmed COVID-19 cases and one local asymptomatic carrier on Thursday, the municipal health commission said Friday. ■ …
China’s Small Bank Risks ‘Are Under Control,’ Top Regulator Says
The risks at China’s small banks are manageable after disposing of nonperforming loans and replenishing capital in recent years, the nation’s banking watchdog said. “Generally speaking, risks are …
China’s non-financial outbound direct investment up 2.3 pct in January-May
China’s non-financial outbound direct investment (ODI) reached 287.06 billion yuan in the first five months of the year, up 2.3 percent year on year, official data showed Thursday. In U.S. dollar …
China’s Covid Conundrum
China’s zero-Covid policy has been a disaster for its economy, and Presiden Xi’s mixed messaging is creating further uncertainty for the country’s energy ambitions …
Chinese podcast group fails to launch $100mn IPO in blow to Hong Kong
Chinese podcasting platform Ximalaya has suspended plans for a Hong Kong listing after its attempt to raise up to $100mn was rebuffed by investors, who remain wary after Beijing launched a crackdown …
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