China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct knowledge of…
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China Auto Sales Bounce Back From Coronavirus-Hit Worst-Ever Quarter
China’s auto market continued to rebound from damage from the new coronavirus, though dealerships haven’t turned optimistic about consumer sentiment. ( read original story …)
What is the dispute between China and India all about?
A deadly clash between Indian and Chinese troops in June 2020 along the much-disputed Himalayan border resulted in the first loss of lives in fighting between the two militaries in 45 years. As … (…
People’s Bank of China Cuts Stake in India’s Housing Development Finance
China’s central bank has sold at least some of its stake in India’s Housing Development Finance Corp., according to shareholder details filed with the exchanges. ( read original story …)
China June new bank loans rise to 1.81 trln yuan, beat forecast
Chinese banks extended 1.81 trillion yuan ($258.23 billion) in new yuan loans in June, up 22% from May and slightly exceeding analysts’ expectations. Analysts polled by Reuters had predicted new yuan … ( read original…
Standard Chartered-backed China Bohai Bank to raise US$1.78 billion in Hong Kong IPO
Thursday in a deal that would raise a total of HK$13.8 billion (US$1.78 billion). The IPO priced at HK$4.80 a share, according to a person familiar with the transaction. That was near the bottom of…
WHO experts to visit China as part of COVID-19 investigation
Two World Health Organization experts will spend the next two days in the Chinese capital to lay the groundwork for a larger mission to investigate the origins of the … ( read original story …)
China Bohai Bank raises $1.78 billion in Hong Kong IPO: sources
China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct … (…
Global Banks Risk Breaching China Law by Complying With U.S.
Global banks risk being caught between Beijing-backed penalties and sanctions being debated in the U.S. as Hong Kong’s autonomy becomes a volatile point of friction between the two superpowers. ( read original story …)
China State Funds Start Selling in Warning Sign for Stock Rally
Chinese megacap shares fell Friday after two state-backed funds trimmed their holdings in a sign that the government wants to slow down the rally.People’s Insurance Company (Group) of China Ltd., … ( read original story…
China’s aviation industry suffers $4.9 billion loss in second quarter on coronavirus jolt
China’s aviation industry sank further into the red, losing 34.25 billion yuan ($4.89 billion) in the second quarter, only slightly narrower than in the first quarter, underlining the colossal … ( read original story …)
China state funds to cut stakes in PICC, some tech firms amid stock bull run
SS> and three China-listed tech companies said their major state shareholders plan to reduce holdings – a move that comes amid a torrid bull run in China’s stock market. ( read original story …)
Breakingviews – China can turn the other cheek, for now
Turning the other cheek takes fortitude, but that’s what China could do in response to the U.S. government’s latest actions. It slapped sanctions on Chinese officials for abuses of Muslim Uighurs, … ( read original…
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