Limited (“China Unicom” or “the Company”) (HKEx: 0762) was voted seven years in a row by portfolio managers and analysts as “Asia’s Most Honored Telecom Company” in “2022 All-Asia Executive Team” …
Monthly Archives For October 2022
Alibaba, JD, Baidu and Nio Sink as China Tech Stocks Follow U.S. Selloff
Risk-off sentiment from U.S. technology earnings sent Chinese stocks further down and caused the Hang Seng Index to hit 13-year lows.
China’s international trade in goods, services up 10 pct in September
The export and import of China’s international trade in goods and services in September, 2022, hit 4.2833 trillion yuan (about 615.2 billion U.S. dollars), up 10 percent compared with the same time …
People protest, economy worsens: but Beijing insists on lockdowns
Demonstrations in Tibet against restrictions that have lasted almost three months. Industrial profits down; manufacturing production halted. Mass tests and shutdowns in several parts of the country, i …
Top Contender for PBOC Governor Named Acting Mayor of Beijing
Yin Yong, who was regarded as a strong candidate to be the next governor of the People’s Bank of China, was named acting mayor of Beijing city, potentially putting him out of the race to…
China names Beijing Mayor Chen Jining as new party boss of Shanghai
Mr Huang Kunming has also been named Guangdong Communist Party chief, replacing Mr Li Xi. Read more at straitstimes.com.
Three of China’s largest lenders report over 6% rise in third quarter profit
Three of China’s largest lenders posted third quarter profit rises of over 6% as non-performing loan ratios shrunk.
China’s Hunan sees foreign trade up 19.9 percent this year
Central China’s Hunan Province recorded robust foreign trade growth in the first three quarters of 2022, said the provincial department of commerce on Friday. The province’s total import and export …
Lloyd Austin brands China as ‘only competitor’ to US on world stage
China is America’s “only competitor” in the international arena, while Russia presents an “acute threat” to US interests, Secretary of Defence Lloyd Austin said on Thursday. “The PRC [People’s …
US Defence Strategy Brands China As Greatest Security Challenge & Russia As ‘acute Threat’
“We are living in a ‘decisive decade,’ one stamped by dramatic changes in geopolitics, technology, economics, and our environment,” said US president Joe Biden.
China’s Giant Biogene to raise $70 mln in Hong Kong IPO -sources
China’s Giant Biogene has priced its shares at HK$24.30 each to raise $70 million in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter.
Beijing Has Few Good Options to Retaliate for Chip Bans
China hasn’t retaliated against the Biden administration’s extensive semiconductor export controls, but that might be set to change now that the 20th Party Congress has confirmed Xi Jinping as leader …
As Washington wavers on TikTok, Beijing exerts control
TikTok’s link to China has sparked fears over propaganda and privacy. It’s also exposed America’s failure to safeguard the web.
