In a year where initial public offerings globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched …
Monthly Archives For August 2022
China Mobile offers free calling minutes in flood-hit areas
Zong 4G (CMPak), the subsidiary of China Mobile Communications Corporation, has started offering free calling minutes to its users in flood-affected areas of Pakistan. “Zong understands the difficult …
China ratchets up financial support for infrastructure projects
Provided by Xinhua by Xinhua writers Guo Xiaoyu Hu Wenjia Zhang QianqianBEIJING Aug 31 Xinhua — China is channeling more financial support to …
China opens up to foreign investment with new law
The newly introduced Futures and Derivatives Law brings the country’s financial services market in line with international standards, welcoming foreign financing.
Dalian iron ore marks third monthly fall on China economic woes
Dalian iron ore fell on Wednesday, marking their third straight monthly drop, after a survey showing a contraction in China’s factory activity raised doubts about an economic rebound in the world’s …
Beijing Liven Technology debuts on Shenzhen Stock Exchange, rose 44%
Beijing Liven Technology (001259) opened at RMB 23.7 on its first day trading on the Shenzhen Stock Exchange’s Main Board, an increase of 20% from its IPO price of RMB 19.75.
As IPOs Slump Globally, All the Big Deals Are Coming From China
In a year where initial public offerings globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched …
China’s Guangzhou Tightens COVID Curbs as Infections Hit Big Southern Cities
Several of China’s biggest cities have stepped up their COVID-19 restrictions this week, affecting the activities of tens of millions of people …
China’s Xi pushes forward to third term despite mounting crises
China’s ruling Communist Party will hold its 20th National Congress, at which Xi is widely expected to extend his hold on power for another five years — a move that would cement his status as…
China Construction Bank says economy faces large downward pressure this year
China Construction Bank said on Wenesday the Chinese economy faces fairly large downward pressure this year. The comments were made by Zhang Jinliang, president of CCB in a press conference following …
China Keeps Asia IPO Scene Booming With $15 Billion August Haul
In a year where initial public offerings globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched …
China markets decline as Covid cases hit all provinces, factory output continues to shrink
Chinese markets declined on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome Powell’s hawkish speech at Jackson Hole last week, and the alarming spread …
China Is Leading the World on Manufacturing, But the Race Isn’t Over
China ranks first in terms of share of global output in 16 categories of 22 manufacturing categories tracked by the U.N., while second in six others. The data is from 2019, the most recent year…