Chinese bulker player Fujian Guohang Ocean Shipping is planning an initial public offering (IPO) on the Beijing Stock Exchange that will see the company raising CNY1.25bn ($173m). Local news agencies …
Monthly Archives For October 2022
European stocks jump on Fed slowdown hopes, Prosus slides on China woes
European shares rose on Monday, driven by hopes that the Federal Reserve could slow its pace of interest rate hikes, while investors braced for a busy week of earnings and a key interest rate decision…
China’s Q3 GDP grows by 3.9 per cent amid Covid-19 shutdowns: Report
President Xi Jinping, the most powerful leader of the country in decades, wants a bigger party role in business and technology development. That has prompted warnings tighter control of entrepreneurs …
China’s Xi is more powerful than ever. What does it mean for the world?
It was a crowning moment for Xi Jinping when he stepped onto a red-carpet stage on Sunday to begin his norm-shattering third term as China’s supreme leader.
China’s GDP failed to lift investor mood; markets spooked after Xi Jinping secures third term in power
China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering …
Yuanxin Tech dusts off HK listing plan
Yuanxin first submitted its application to the HKEX in October 2021, followed by a second in April, but its application documents lapsed without a deal coming to fruition. Citic Securities and Goldman …
Dollar absorbs suspected yen intervention, China data mixed
The U.S. dollar weathered another suspected blast of Japanese intervention to push higher on the yen on Monday, while for equities a drop in Chinese markets took the shine off hopes for an eventual …
Banking On China Ban, This Central Asian Country Has Become 3rd Largest Hub For Bitcoin Mining
Central Asian country Kazakhstan has become one of the world’s leading hubs for Bitcoin (CRYPTO: BTC) mining, ranking behind the United States and China.
China’s GDP growth rebounds at faster pace in Q3, but risks loom
China’s economy has rebounded at a faster-than-expected pace in the third quarter, according to official figures, but strict COVID-19 curbs, a deepening property crisis and global recession risks are …
China, After a Delay, Unexpectedly Releases Economic Data
China said its output was up 3.9 percent from July through September, better than in the spring but still far short of Beijing’s target for the year.
China releases stronger-than-expected GDP data after Xi Jinping secures third term in power
China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering …
China’s September copper imports up more than 25% on year ago
China imported 25.6% more copper in September than in the same month a year earlier, with demand expected to benefit from more planned state spending on infrastructure to offset the slowing economy of …
China Box Office: Weekend Top Five Remains Unchanged as New Releases Dry Up
Mainland China’s box office slipped to a lowly $14.5 million over the past weekend, with no significant new films seeking to release during the country’s set-piece political events. The result was an …
