Two months into China’s fastest stock rally in years, and the days of making easy money are ending.Turnover is tumbling, and investors are rotating out of consumer shares that have been among their … (…
FINANCE
India start-ups flounder as tensions with China rise
India has been on an economic offensive since June, when a border clash in the Himalayan region of Ladakah left 20 Indian soldiers dead. The two sides have since accused each other of violating the…
China Factory Prices Fall at Slowest Rate in Five Months as Recovery Continues
China’s factory gate prices fell at their slowest annual pace in five months in August as the world’s second-largest economy and its industries continued to recover from a slump caused by the … ( read…
China bank stocks lose $194bn in perpetual value trap
Never this cheap, rarely so unloved. Weakened by the government’s call to sacrifice profitability, stung by ultra-low interest rates and the threat of souring loans, the country’s Hong Kong-listed … ( read original story …)
The China and Hong Kong data center market by revenue is expected to grow at a CAGR of close to 2% during the period 2019-2025
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this China and Hong Kong Data Center Market Report Read the full report: The China and Hong Kong data center market by ……
China bank stocks lose $194 billion in perpetual value trap
Chinese lenders have been a losing trade since 2018, when the government began tightening conditions in money markets as part of Xi Jinping’s deleveraging campaign. The pandemic has brought renewed … ( read original story…
China sends 500 senior bankers for training on risk controls as bad loans at decade-high worry regulators
China’s banking regulator is organising a nationwide training programme to enhance risk awareness among its senior bankers to help contain a surge in bad loans and support its economic recovery … ( read original story…
China to Crack Down on Local Financial Asset Bourses
China’s securities regulator is considering a crackdown on venues facilitating over-the-counter transactions for real estate developers and online finance firms across the country as it seeks to … ( read original story …)
China’s bad financial habits crack Baccarat
The 256-year-old French crystal maker is in receivership after its owner, a cash-strapped Hong Kong wealth manager, defaulted on private loans used to acquire it, prompting a court battle. It’s safer … ( read original…
Asia-Pacific stocks decline as data shows China’s August consumer prices rose; tech shares see losses
Chinese inflation data for August released Wednesday showed the producer price index declined 2.0% in August from a year earlier, according to China’s National Bureau of Statistics. That was in line … ( read original story…
China’s Building Binge Lures Stock Pickers to Cheap Steel Mills
The Chinese steel industry has benefited more than most as its economy takes the lead in emerging from the coronavirus-crisis and supply is hard-pressed to keep up with demand. It means that China’s … (…
How China Is Closing In on Its Own Digital Currency
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with…
China’s Most Strained Relations Are With Its Most Valuable Trading Partners
A new study shows that the countries most soured on China are also its most important trading partners. Something has to give. ( read original story …)
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