The ranks of the ultra-wealthy in mainland China slipped slightly last year as wealth creation was subdued by Beijing’s crackdowns on the technology and property sectors, according to a study by New …
Monthly Archives For June 2022
80.157M CHINA MOBILE A Shrs To Circulate on Mkt on 5 Jul
CHINA MOBILE (00941.HK) announced that the lock-up period for the offline placement of 80.157 million restricted A Shares of the initial public offering is about to expire, and that the related shares …
Chinese President Xi Jinping to Arrive in Hong Kong Cementing Beijing’s Control
President Xi Jinping will arrive in Hong Kong for its 25th anniversary of Chinese rule, in his first trip to the city since overseeing twin crackdowns on political dissent and Covid-19 that risked the …
China lured graduate jobseekers into digital espionage
FT investigation reveals student translators were targeted by front company for Beijing-backed hacking group APT40 …
China needs to keep options to cut RRR, rates while waiting for bounce, says ex-regulator
China’s central bank needs to keep cuts to interest rates and banks’ reserve requirement ratio among its policy options while waiting for the economy to bounce back, a former senior official at the …
China To Subsidise Refiners, If Global Oil Prices Surpass USD 130
China, the worlds largest importer of oil, announced on Wednesday that it will subsidise its oil refiners and suspend the raising of domestic fuel prices if global oil prices surpass USD 130 a barrel.
Chinese lithium producer Tianqi seeks $1.7 billion IPO in Hong Kong
Tianqi Lithium shares 002466, +2.53% are already traded in mainland China, and the high end of the IPO price range is roughly 43% below the Wednesday closing price of its Shenzhen-listed stock.
China’s factory, service sectors shake off 3 months of lockdown pain
China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output …
China factory activity expands for first time in four months as Covid-19 curbs ease
The official manufacturing purchasing managers’ index rose to 50.2 in June from 49.6 in May. Read more at straitstimes.com.
Services, manufacturing rebound in China after Covid curbs eased
China’s factory and services activity picked up in June, official data showed Thursday, fuelled by the easing of Covid-19 restrictions in major cities such as Shanghai and Beijing.
Nato leaders voice concern about threat China poses to world order for first time
Beijing’s efforts to build up nuclear forces, hacking operations and increasingly close ties to Moscow are ‘serious challenges’, says Nato secretary general …
China’s June factory, services activity expands for first time in four months
China’s factory activity snapped three months of decline in June, as authorities lifted a strict lockdown in Shanghai, buoying growth in production and new orders, while the rebound in services sector …
China’s Manufacturing, Services Activity Returned to Expansion in June — Update
China’s official gauges of factory and services activity rebounded … The subindex measuring total new orders rose to 50.4, compared with 48.2 in May. The subindex tracking export orders jumped to 49 …
