China’s central bank governor, Yi Gang, vowed to use policies such as re-lending and loan-repayment extensions to support the virus-stricken economy. ( read original story …)
FINANCE
Here’s Why We Think Beijing Chunlizhengda Medical Instruments (HKG:1858) Is Well Worth Watching
But as Peter Lynch said in One Up On Wall Street, ‘Long shots almost never pay off.’ In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies…
Asia-Pacific Shares Finish Week Lower on Escalating US-China Tensions
Trump signaled a further deterioration of his relationship with China by saying he has no interest in speaking to President Xi Jinping right now. ( read original story …)
Bank of China may compensate up to 20% of investments in oil products: sources
Bank of China (BoC) is considering compensating up to 20% of all investors’ original investments in crude oil-linked products, and shouldering all losses recorded in negative territory, two sources … ( read original story …)
U.S. Throws Down Gauntlet to China With Mozambique Gas Mega-Loan
U.S. President Donald Trump’s sparring with China is playing out in an unlikely new arena: the sandy turf of northern Mozambique, one of the world’s poorest countries. ( read original story …)
China unveils financial plan for Hong Kong, Macau to spur tighter embrace of Greater Bay Area master plan
China’s central bank and financial regulators unveiled a sweeping plan to spur cross-border financial services, transactions and investments between Hong Kong, Macau and nine Guangdong provincial … ( read original story …)
Wall Street Shares Jump on Banking M&A Speculation
Financial stocks rallied after FOX Business reported that Goldman Sachs could be on the hunt for a key acquisition in the banking sector. ( read original story …)
China Unicom, NetDragon & Two Major National Research Institutions Announce Joint Venture
NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that NetDragon, China United Netw … ( read original story …)
European stocks gain as China data lifts miners, chipmakers
European shares rose on Friday, with investors taking comfort in China’s first rise in factory output this year after it eased a coronavirus-induced lockdown, but lingering Sino-U.S. tensions kept … ( read original story …)
As China reopens, factories fire up but jobs gloom keeps consumers at home
China’s factory output rose for the first time this year as the world’s second-largest economy slowly emerged from its coronavirus lockdown, although consumption remained depressed amid increased job … ( read original story …)
An Intrinsic Calculation For Beijing Enterprises Water Group Limited (HKG:371) Suggests It’s 34% Undervalued
Does the May share price for Beijing Enterprises Water Group Limited (HKG:371) reflect what it’s really worth? ( read original story …)
Coronavirus: China local government debt could hit record high as Beijing front-loads more bonds
China is banking on debt-fuelled infrastructure spending to help curb the economic fallout from the coronavirus, but concern is mounting about local government debt. ( read original story …)
China’s top energy firms to grow gas output despite spending cuts
China’s top energy producers will grow their natural gas output this year by twice as much as in the previous oil rout even as they slash spending due to collapsing oil prices, company officials and…
