Chinese regulators downplayed China’s real estate slump and slowing economic growth while Hong Kong’s top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment …
Monthly Archives For November 2022
Hong Kong Summit Steers Clear of Talk on China Risks, Reopening
As Wall Street’s biggest bosses gathered on a panel at Hong Kong’s big financial comeback summit, one topic was conspicuously avoided: China’s growing risks.
Live news updates: UBS chair Kelleher says banks are ‘very pro-China’
Colm Kelleher, chair of UBS, speaks at a banking conference in Hong Kong on Wednesday. © Tyrone Siu/Reuters Global bankers are all “very pro-China”, UBS chair Colm Kelleher said at a financial forum …
China Stock Rally Extends to Second Day on Reopening Speculation
Chinese stocks advanced, reversing earlier losses as investors continued to assess speculation that authorities are preparing for a gradual reopening from harsh Covid restrictions.
China bank regulator encourages foreign capital to cooperate with Chinese entities
China’s banking regulator encourages foreign capital to cooperate with Chinese entities, said Xiao Yuanqi, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC).Xiao also told …
China central bank says yuan to remain stable, hopes for soft landing in housing market
China’s central bank governor said on Wednesday that the yuan will remain stable against a basket of currencies and expressed hopes for a soft landing in the country’s property market.
Hong Kong’s Lee touts ‘China advantage’ to rebuild city’s image as financial hub
Hong Kong leader John Lee pitched the city’s connection with China in an address to some of the world’s top financial executives, as he pushes to rebuild the COVID-ravaged city’s image as a major …
We’ll continue to look ‘cautiously’ at China’s real estate market, says HSBC
Noel Quinn of the bank says it will take some time for the headwinds in China’s real estate market to be resolved, but it will continue to support the sector.
China’s Nio suspends production due to COVID measures
BEIJING (Reuters) -Chinese electric vehicle (EV) maker Nio said on Wednesday it has suspended production due to COVID-19 curbs, as rising cases across the country cause more disruptions to business …
Insurer AIA’s new business value edges up as China COVID curbs ease
Asia-focussed insurer AIA Group Ltd reported a 1% rise in quarterly new business value on Tuesday as sales recovered from pandemic lows in its main markets of China and Hong Kong.
Countries Wary of China Need Patriotic Investment Plans
Argument: Countries Wary of China Need Patriotic Investment Plans Countries Wary of China Need Patriotic Inv… | View Comments () NEW FOR SUBSCRIBERS: Click + to receive email alerts for new stories …
PM in Beijing to discuss debt, CPEC
ISLAMABAD: Prime Minister Shehbaz Sharif arrived in Beijing on Tuesday to meet Chinese leaders and discuss plans …
The last American venture capitalist in Beijing: Here are the strategic miscalculations undermining America’s technology competition with China
Today, TikTok is worth $50 billion more than all of Meta. Here’s why American tech is falling behind, according to Ben Harburg.
