Ltd became the first foreign institutions to get the green light to join the supporting program for emission cuts. Under the program rolled out in November last year, lenders can apply for low-cost …
Monthly Archives For September 2022
ByteDance pays to kick IPO can down the road
ByteDance is dancing to a different tune to keep stakeholders happy. TikTok’s Chinese parent is spending up to $3 billion to buy back shares at a price that values the company at around $300 billion.
China Adds A New Energy Storage Billionaire
China, home to the world’s largest number of billionaires after the United States, added a newcomer from the portable energy storage field today. Shares in Shenzhen Hello Tech Energy, which debuted at …
China: COVID-19 quarantine bus overturns in Guizhou, 27 die
A bus, which was transferring dozens of people to a Covid-19 quarantine facility in China’s southwestern province of Guizhou, overturned in a ravine on Sunday that left 27 people dead, media reports …
China to speed up fund injections to start projects as soon as possible
China will speed up fund injections to start project construction as soon as possible, state planner the National Development and Reform Commission (NDRC) said at a news conference on Monday.
Biden again says US would defend Taiwan against China
US President Joe Biden has again said the US would defend Taiwan in the event of an “unprecedented attack” by China.Speaking in a CBS interview, Mr Biden replied, “Yes” when asked if that meant US…
Analysis: China’s mortgage boycott quietly regroups as construction idles
Two months since many Chinese homebuyers stopped repaying mortgages to protest stalled construction on their properties, a lack of progress at more sites now threatens to intensify the boycott, …
Biden says US would defend Taiwan if China launches an ‘unprecedented attack’
The United States would defend Taiwan if China launched “an unprecedented attack,” President Joe Biden told 60 Minutes in an interview that aired Sunday.
Goldman Sachs Says China Stocks May Miss Party Congress Boost
China’s twice-a-decade Communist Party congress may fail to give equity markets a boost this time around as Covid restrictions and a property market slump add to pressures on the economy, according to …
Crypto Drops on Pre-Fed Jitters as Ether Falls to Two-Month Low
Cryptocurrencies began Monday in the red, hampered by a further drop in the second-largest token Ether as well as the prospect of a global wave of monetary tightening this week spanning the US to …
China Vanke’s Unit Seeks Up to $784 Million in Hong Kong IPO
Onewo Inc., the property management unit of real estate developer China Vanke Co., is planning to raise as much as about HK$6.2 billion ($784 million) through a Hong Kong initial public offering.Most …
Leadership has improved China’s global standing
China is facing the most immoral and unprecedented attacks from myriad quarters because of its ability to remove the obstacles to its economic growth at a time when almost all other countries are …
China Vanke unit Onewo to raise $783m in Hong Kong’s largest IPO of 2022
Chinese property services firm Onewo Space-Tech Service has launched Hong Kong’s largest initial public offering (IPO) of 2022 as it aims to raise up to HK$6.15 billion ($783.54 million), regulatory …
