Investors are anxious for China to get back to normal. Hong Kong’s Hang Seng index rose 7.7% on Nov. 11 after the Communist Party’s Standing Committee of the Political Bureau “called for actions to …
Monthly Archives For November 2022
What it’s like returning to China’s zero-COVID bubble
China makes this trip hard because its borders are officially … approachable way. We rely on your financial support to keep making that possible. Your donation today powers the independent …
China needs to send out clear message as Covid-19 measures ease
The official narrative of Covid-19 as a killer, rather than mainly asymptomatic or mild … Covid policy are important steps towards relaxation. But any expectation that China will fully reopen any …
Guangzhou to build 250,000 quarantine beds as China COVID cases rise
The southern Chinese city of Guangzhou is setting up makeshift hospitals and quarantine sites with capacity for nearly 250,000 beds for COVID-19 infections, officials said on Thursday, as cases across …
Once Touted Biggest IPO Of All Time, Alibaba’s Fintech Affiliate Ant Financial Suffers 63% Profit Decline
Its consumer finance unit raised CNY10.5 billion in a scaled-down capital boost from investors after China Cinda Asset Management Co unexpectedly backed out. Read: The Ant Financial IPO Is Xi …
U.S. IPO price pops prompt fraud and ‘pig butchering’ warnings
There has been a spate of unusual post-IPO price pops this year, including many China-to-U.S. offerings, such as Magic Empire Global (MEGL.O), which soared over 5,000%, and fintech AMTD Digital, which …
America should rethink its economic war on China
Just days before the White House released the U.S.’ new National Security Strategy in October, President Joe Biden’s administration announced sweeping export restrictions aimed at stopping China from …
Financial firms’ exposure to China dips to record low
Taiwanese banks and life insurers have reduced their exposure to China to a record low due to the COVID-19 pandemic, economic uncertainty and a declining property market, data released by the …
China to help Indonesia build digital economy as e-commerce sweeps archipelago
Indonesia is looking to bring greater internet connectivity to hundreds of remote islands, and new joint projects with Chinese companies could be a boon for online retailing in the Southeast Asian …
Caixin Summit: China, U.S. Should Cooperate Like They Did During Global Financial Crisis, Summers Says
China and the U.S. stand to lose from a global recession and from enraging the other country, former U.S. Treasury Secretary Lawrence Summers warned at the 13th Caixin Summit on Thursday. A situation …
Gaming Demand, China Concerns, Data Center Records: 5 Nvidia Analysts Have Mixed Reactions To Q3 Earnings
Technology giant NVIDIA Corporation (NASDAQ:NVDA) beat revenue estimates from analysts and came up short on earnings per share, according to its third-quarter financial results. Raymond James analyst …
China’s state blockchain infrastructure Xinghuo BIF partners Malaysian MyEG to fuel global push
China’s state blockchain infrastructure Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF) has signed an agreement with Malaysian digital service provider MY E.G. Services Berhad (MyEG) to …
CHTF 2022 Showcases Future-proof Technologies in Shenzhen and Online
This year’s CHTF is expected to gather over 8,000 innovative items from over 5,000 exhibitors from nearly 40 countries and regions. Various overseas delegations exhibited international cutting-edge …
