KE Holdings Inc., a Chinese online property platform backed by Tencent Holdings Ltd. that’s also known as Beike Zhaofang, filed for a U.S. initial public offering that could raise about $2 billion, … ( read…
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China Orders U.S. to Shut Chengdu Consulate, Retaliating for Houston
The tit-for-tat consulate closures marked yet another round of rising tensions between Washington and Beijing. ( read original story …)
US stocks drop after China escalates tensions with consulate order
China reignited fears of a global tit-for-tat conflict after ordering the closure of the US’s consulate in Chengdu. ( read original story …)
Can Nokia Stock Avoid Paying the China Price?
The Finnish company Nokia (NYSE:NOK) is caught in the middle of the escalating tension between China and the United States. And that may spell trouble for NOK stock. For the better part of five years,…
5G devices hit the headlines as Huawei and Apple beat China’s 17% plunge
At the end of May, China Mobile claimed it currently had 55.6 million 5G subscribers, 11.86 million of which were added during May alone. China Telecom said it has 30.1 million, while China Unicom has…
Senior China diplomat says Sino-U.S. tensions caused entirely by U.S.
Senior Chinese diplomat Wang Yi said on Friday that current tensions in Sino-U.S. relations were entirely caused by the United States. ( read original story …)
China Pushes Energy Reform With Pipeline Deals
China is moving to wean its economy off coal and boost use of cleaner natural gas, with two of the country’s energy giants set to pump nearly $56 billion of assets into a new national…
China will not use property market as short-term stimulus: vice premier
China’s Vice Premier Han Zheng said on Friday that the government will not use the property market as a form of short-term stimulus to prop up the economy, state radio reported. ( read original story…
China warned to prepare for ‘big rise’ in bad loans as financial system braces against coronavirus, rising global tensions
China’s banking regulator has asked the country’s lenders to make preparations for a “big rise” in non-performing loans as part of Beijing’s efforts to brace its financial system for shocks from the … ( read…
China Finance Online Reports 2020 First Quarter Unaudited Financial Results
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investor … ( read original story …)
China Finance Online: 1Q Earnings Snapshot
BEIJING (AP) — China Finance Online Co. (JRJC) on Friday reported a loss of $1.9 million in its first quarter. On a per-share basis, the Beijing-based company said it had a loss of 83 cents.…
Beijing partly reopens movie theaters as virus declines
Beijing has partially reopened movie theaters as the threat from the coronavirus continues to recede in China’s capital … ( read original story …)
Ahead of U.S. election, China braces for rocky ride, potential change
With bilateral relations in free-fall, Beijing is bracing for more turbulence in the run-up to the U.S. election in November, and the possibility that a Joe Biden presidency presents an opportunity to … ( read…
