China said it was simulating “sealing off” Taiwan in a third day of drills as it appeared to use an aircraft carrier to launch jets towards the island. Taiwan said it had detected jets to…
Monthly Archives For April 2023
State-owned firms to extend domination of China property market, support its recovery, analysts say
Divergence in sector performance sees SOEs and quality developers post resilient growth while smaller developers lose competitiveness Property-related activity to decline to an eighth of China’s GDP, …
China’s Race to Become an AI Superpower
China wants to be world leader in artificial intelligence, but US trade sanctions and a brain drain of the best engineers mean it won’t be easy.
China’s IPO stocks surge by at least 48 per cent in busiest day of market debuts since November 2021
Five companies including Citic Metal started trading in Shanghai, while Shaanxi Energy and four others debuted in Shenzhen New registration-based system evaluates IPO applications on the quality of …
China’s first batch of shares under new IPO system surges in trading debut
Under the new rules, there is no daily trading limit for the first 5 trading days for shares that have listed after an IPO. Read more at straitstimes.com.
Steve Bannon, who has ties to an indicted Chinese billionaire, says Elon Musk’s ‘paymasters’ are Beijing and the Chinese Communist Party
Bannon — who is known to have ties to Guo Wengui, an indicted Chinese billionaire — accused Musk of kowtowing to the Communist Party.
China Has Reopened to Tourists. The Hard Part Is Getting There.
Despite loosened visa rules, the number of flights into China is still a small fraction of what it was before the pandemic, fueled partly by geopolitical tensions.
First batch of IPOs under new China listings rules surge on debut
Shares in 10 Chinese companies soared almost 100 per cent on average on Monday, as the first batch of initial public offerings under a new streamlined listings regime debuted in Shanghai and Shenzhen.
China hands lengthy jail terms to two lawyers in rights crackdown
A Chinese court sentenced two prominent human rights lawyers on Monday to jail terms of more than a decade each, a relative and rights groups told Reuters, the latest move in a years-long crackdown on…
China-Brazil trade, investment projects sail to brighter future
Meanwhile, infrastructure investment from China and projects for the public good have benefited Brazilians. State Grid Corp of China, a leading State-owned utility company, has invested in the Belo …
China’s car sales stay flat in March amid price war -CPCA
BEIJING/SHANGHAI (Reuters) – Growth in sales of China’s passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the rollout of …
Shanghai securities firms sponsor IPOs of 111 companies
The figures were released during a regional supervision work conference held by the Shanghai securities regulatory bureau on April 7. These local securities firms generated 390 million yuan in income from their underwriting businesses last…
China stocks waver at one-month high as tech firms slide amid state warning, cross-strait tensions while all 10 IPOs surge
Onshore stocks waver near a one-month high as tech firms stumble amid heightened cross-strait tensions. All 10 new listings surge in the local market’s busiest day for IPOs in 16 months.
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