There was HKD770.1 million, HKD465.1 million and HKD455.3 million Southbound Trading net inflow to CHINA MOBILE (00941.HK), XIAOMI-W (01810.HK) and CNOOC (00883.HK). There was HKD217.1 million, HKD52 …
Monthly Archives For May 2024
Hong Kong’s stock exchange hustles for more IPOs as capital returns to the market
S’pore and Hong Kong have a part to play in the growth of the region’s wealth, the CEO of HKEX said. Read more at straitstimes.com.
Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data shows
Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union’s anti-subsidy probe into Chinese electric vehicles.
As tensions slow China’s trade with the US, Chinese firms are finding eager buyers elsewhere
Trade data shows that the U.S. and Chinese economies are decoupling from each other, if slowly. However, China’s economic strategy is changing overall. This is having an impact across the global …
China Slams US And Other G7 Countries For Hyping Up Trade Overcapacity: ‘Attempts To Set Obstacles And Limitations’
During a regular press briefing in Beijing on Monday, Chinese Foreign Ministry spokeswoman Mao Ning dismissed these allegations.
An influencer known as ‘China’s Kim Kardashian’ is kicked off social media after Beijing imposes rules against showing off a ‘lavish lifestyle’
Beijing’s internet regulators have a new rule: Don’t flaunt your wealth on Chinese social media. The Cyberspace Administration of China, which regulates China’s internet, has previously cracked down on the country’s social media influencers and…
China’s property stimulus raises risks for banks in smaller cities, S&P Global says
China’s latest steps to revive its struggling property market could pose risks to banks operating in lower-tier cities, S&P Global said on Monday.
US lawmakers vow to bolster Taiwan’s defense with bipartisan visit days after China’s ‘punishment’ military drills
US lawmakers vowed to bolster Taiwan’s deterrence against China on Monday during a bipartisan congressional visit to the self-governing democracy just days after Beijing surrounded the island with …
China is pumping another $47.5 billion into its chip industry
These scandals aren’t the only roadblocks that could severely undermined Xi’s ambitions to get China to achieve tech self-reliance. In October 2022, the US unveiled a sweeping set of export controls that ban Chinese companies…
China Unveils $48 Billion Fund to Bolster Chip Industry
China has set up a nearly $48 billion fund to help its semiconductor industry build up a local supply chain and close the technology gap with the U.S., coming as the country wrestles with restricted…
China presents mega semiconductor investment fund to reduce dependence on foreigners
In a significant move aimed at bolstering its domestic semiconductor manufacturing capabilities, China has unveiled its largest investment fund dedic …
China’s Push to Defuse Financial Risks & Revive Property Sector
China’s leaders emphasized the importance of preventing and defusing financial risks, linking them to national security. Given the property market’s drastic valuation drops, measures have been taken …
China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience
China has set up the country’s largest-ever semiconductor investment fund to propel development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the US …
