Chinese stock exchanges said they will strictly vet listing applications from COVID-19 testing companies, in response to media reports voicing concerns over fundraising plans by beneficiaries of the …
Monthly Archives For November 2022
South China city locks down district in ‘zero-COVID’ fight as Beijing records first deaths in six months
The southern Chinese metropolis of Guangzhou locked down its largest district Monday as it tries to tamp down a major
Asian stocks mixed after Wall St slide, China virus fears
Asian stock markets were mixed Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown. Shanghai and Tokyo advanced while Hong Kong declined. Oil prices gained.
Beijing shuts parks and museums as China’s Covid cases rise
In China’s capital, cases have hit a record high, testing a recent government commitment to ease its zero-Covid policy
Asia markets struggle as China Covid-19 worries build
Investors fear the authorities will revert to highly restrictive containment measures. Read more at straitstimes.com.
US stocks end lower to start short week as China’s Covid-19 cases weigh on growth outlook
Disney stock gained as much as 9% on news that ousted Chief Executive Robert Chapek is being replaced by former CEO Bob Iger.
Beijing shuts parks, museums as China’s COVID cases rise
Beijing shut parks and museums on Tuesday while more Chinese cities resumed mass testing for COVID-19, as China fights a fresh nationwide spike in cases that has deepened concerns about its economy.
Fire Kills 38 at Industrial Wholesaler in Central China
No word was given on the cause of the fire or how so many employees were killed, although China has a history of industrial accidents caused by lax regard to safety measures fuele
India set to overtake China as property investment destination
India is all set to overtake China as an attractive property investment destination just as valuations of property investments in China are declining …
Infrastructure, cross-border trade platforms bolster China’s opening up
said Vice Minister of Commerce Sheng Qiuping during the 2022 China International Fair for Trade in Services. Echoing Sheng’s views, Xu Xiaolan, Vice Minister of Industry and Information Technology, …
Debt-laden China Evergrande gives back land sites to Wuhan city
A Chinese municipal district said it had taken back 134,500 hectares (332.4 acres) of land formerly held by a unit of debt-laden developer China Evergrande Group and had made no payment for doing so.
Tech Down After China Covid Outbreak Reports — Tech Roundup
Shares of technology companies fell after reports of a Covid 19 outbreak in China. Shares of electric-car maker Tesla, which counts China as a major …
Beijing sees record Covid cases as China outbreak spirals
BEIJING: China’s capital Beijing posted a record number of new Covid cases on Tuesday, with the city hunkering down under a tightening chokehold of restrictions that have sent schools online, closed …
