China’s central bank starts a ¥500B funding scheme to aid the stock market, allowing financial institutions to apply for support.
BUSINESS
ZJK Crafts Small But Sturdy IPO With Its Focus On Nuts-And-Bolts
ZJK’s shares rose as much as 36% in their first week of trade on the Nasdaq, despite its relatively small IPO with only 2% of its shares sold The maker of fasteners and other components…
China Resources Beverage to launch up to $700 million IPO next week, sources say
Drinks maker China Resources Beverage is set to launch its Hong Kong initial public offering (IPO) next week, aiming to raise up to $700 million, said two people with direct knowledge of the matter, …
China slaps sanctions on 3 US firms, 10 senior execs over weapons sales to Taiwan
China’s foreign ministry on Thursday announced it had imposed sanctions on three U.S. military-linked firms and 10 senior excecutives over U.S. weapons sales to Taiwan.
China’s ¥500 Billion Liquidity Program Boosts Capital Markets amid Economic Uncertainty
China is seeking to stabilize its capital markets, and as such, the country has launched a ¥500 billion ($70.6 billion) liquidity program.
BMW, Mercedes China Sales Plunge as Luxury Slowdown Worsens
BMW AG and Mercedes-Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on luxury spending.
China’s exports likely slowed further in September as global demand cools: Reuters poll
China’s exports are likely to have risen at the slowest pace in five months in September, suggesting manufacturers are no longer rushing out orders ahead of tariffs from several trade partners and …
Australian lobster back on the menu as China agrees to lift sanctions
Australia’s lobster exports are the last agricultural commodity to remain barred from the massive Chinese market.
China will lift 4-year ban on Australian lobster imports, Australia’s prime minister says
Australian Prime Minister Anthony Albanese says China will resume importing Australian live lobsters by the end of the year …
China transfers 7,000 ETH connected to the PlusToken scam
A crypto researcher has revealed that the Chinese government transferred 15,700 ETH linked to the multi-billion PlusToken Ponzi scheme from its wallets and 7,000 ETH to crypto exchanges, raising …
China transfers 7,000 ETH connected to the PlusToken scam
A crypto researcher has revealed that the Chinese government transferred 15,700 ETH linked to the multi-billion PlusToken Ponzi scheme from its wallets and 7,000 ETH to crypto exchanges, raising …
China unlocks ¥500 billion to support stock market – what does this mean for Bitcoin?
China’s central bank starts a ¥500B funding scheme to aid the stock market, allowing financial institutions to apply for support.
Investors went wild for China during its big holiday. But Chinese shoppers showed little of that optimism
Global investors went wild during China’s just-concluded Golden Week holiday by snapping up “everything” related to the country. But that optimism didn’t extend to shoppers and travelers in the …