China’s leaders will seek to inject confidence in the economy at a highly anticipated meeting next week, but conflicting goals, such as boosting growth while cutting debt, may mean little progress toward implementing change.
Monthly Archives For July 2024
China suspends short-selling to boost market confidence
said on Wednesday that it had approved an application submitted by the China Securities Finance Corp Ltd (CSF) to suspend securities relending, with the suspension taking effect on Thursday. Existing …
Sichuan Biokin Pharma files for US$500 million Hong Kong IPO
SICHUAN Biokin Pharmaceutical filed for a Hong Kong listing that could raise about US$500 million, people familiar with the matter said. This makes the potential initial public offering (IPO) one of …
Mainland China customs seize more than 100 snakes from man at Hong Kong-Shenzhen border
Mainland Chinese customs officers have seized more than 100 live snakes concealed in a man’s trousers as he tried to cross the border from Hong Kong into Shenzhen. The unidentified man was intercepted …
China responds to NATO accusations over Russian war
A spokesperson for China’s mission to the European Union said a declaration issued by NATO members was “filled with Cold War mentality and belligerent rhetoric.”
Cooking Oil in Dirty Fuel Tankers? Report Raises Alarms in China.
Officials said they would start an investigation after a newspaper reported that a tanker used to carry liquefied coal was then used to transport soybean oil.
Explainer: Why does China’s central bank have a new cash management tool?
China’s central bank introduced a new cash management tool this week in the form of temporary bond repurchase (repo) agreements and reverse repos, adding to its various open market operations and creating what could become…
Quant Hedge Funds Dealt Fresh Blow From China’s Short-Sale Curbs
(Bloomberg) — One after another, the money-making trading formulas for China’s quantitative hedge funds are disappearing. Most Read from Bloomberg Saudis Warned G-7 Over Russia Seizures With Debt …
Heavy rains in China result in 6 deaths, widespread damage
To address the urgent needs of those affected, China’s finance ministry has allocated approximately $187 million in emergency funds since late June. These funds are aimed at providing relief and …
China Government Bond Yield Curve Should Steepen on Recent PBOC Measures, Barclays Says
0733 GMT – The Chinese government bond yield curve should steepen on the PBOC’s recent measures, Barclays strategists say, noting the central bank’s announcement Monday that it will conduct temporary …
What NATO’s Warning to China About Russia Means
NATO’s rare rebuke of China could lead to actions pressuring the country to curb exports to Russia. Beijing denounced it as “prejudice, smears and provocation.”
NATO Slams China As Beijing Tells Alliance To Stay out of Asia
NATO leaders have blasted China as a “decisive enabler” of Russia after Beijing accused the security alliance of stoking instability in the Asia-Pacific region.China’s “so-called ‘no limits’ …
Rebuking Beijing, NATO Calls Communist China a ‘Decisive Enabler’ of Russia’s War in Ukraine
WASHINGTON — In NATO’s most serious rebuke against Beijing, the Western alliance on Wednesday called Communist China a “decisive enabler” of Russia’s war against Ukraine and expressed concerns over …
