ZJLD Group on Monday started selling up to 490.7 million shares at a price range of HK$10.78 to HK$12.98 The flotation offers global investors access to the baijiu market at a lower price-earnings …
Monthly Archives For April 2023
China Mobile beats Moutai to become most valuable stock
China Mobile became the most valuable stock among the A-share listed companies on Monday morning beating Kweichow Moutai, as investors bet the mobile network operator will tap new revenue sources amid …
OUE Lippo Healthcare to operate international medical centre in Shenzhen with Chinese University of Hong Kong
China Merchants Lippo Hospital Management (Shenzhen) Limited, has entered into a service agreement with the Chinese University of Hong Kong (CUHK). Under the service agreement, CUHK will provide …
China resorts to unusual measures to restore confidence among entrepreneurs. But it’s not working
After years of regulatory crackdowns and draconian Covid curbs, private entrepreneurs in China are low on enthusiasm. The Chinese government is resorting to surprising measures to restore their …
China Property Crash Would Cap Growth at 3%: Bloomberg Economics
China’s economic growth would fail to top 3% over the next two years in the event of a property market crash where government stimulus is still not enough to offset the damage, according to a…
China’s Chery unveils new NEV brand iCAR
Chery launches the NEV brand, iCAR, by unveiling two models in Shanghai on April 16, 2023. [Photo provided to chinadaily.com.cn] Chery launched its first independent new energy brand, iCAR, in …
Australian “foreign interference” arrest of businessman linked to China
This arrest—with video footage splashed all over the media—occurred amid escalating moves by the Biden administration, backed by the Australian Labor government, to militarily and economically …
China central bank boosts liquidity support with roll over of medium-term loans
China’s central bank bolstered liquidity support for the economy as it rolled over maturing medium-term policy loans with higher cash offerings for the fifth month on Monday, while keeping the …
China pumps $25 billion in funds to banks while keeping key rate on hold
The People’s Bank of China offered 170 billion yuan ($25 billion) of funds to banks through the medium-term lending facility. That resulted in a 20 billion yuan net injection in April, the smallest …
China To Show Off Its EV Clout At First Auto Show Since End Of “Zero-Covid”
To learn more, I talked on Sunday to Tu Le, founder of Sino Auto Insights, a consultancy that follows China’s auto industry. Le is a long-time China veteran who relocated to the Detroit area during…
China’s relationship with Europe will be determined by Beijing’s behaviour, EU policy chief says
KARUIZAWA – The relationship between China and Europe will be determined by Beijing’s behaviour, including what happens with Taiwan, the European Union’s foreign policy chief said on Sunday (April 16) …
China EximBank extends 300b yuan of loans to manufacturing sector in Q1
By the end of March, the bank’s outstanding loans to the manufacturing sector came in at nearly 1.9 trillion yuan, including 1.62 trillion yuan of medium and long-term loans. During the first quarter, …
China’s Property Market Showed Signs of Recovery in March
China’s property market showed more signs of recovery in March with new home prices picking up after Beijing rolled out supportive measures for the sector.
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