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 …)
FINANCE
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…
China Unveils Financial Support to Tie Hong Kong, Macau Closer
China’s financial regulators unveiled a sweeping plan to facilitate cross-border transactions and investments between Hong Kong, Macau and cities in southern China as part of the government’s ambition … ( read original story …)
China’s April Industrial Output Rises Faster Than Expected
China’s industrial output rose 3.9% in April from a year earlier, official data showed on Friday, expanding for the first time this year as the world’s second- … ( read original story …)
Investors Who Bought Dexin China Holdings (HKG:2019) Shares A Year Ago Are Now Down 12%
For example, that’s what happened with Dexin China Holdings Company Limited (HKG:2019) over the last year – it’s share price is down 12% versus a market decline of 7.6%. We wouldn’t rush to judgement ……
A Rising Share Price Has Us Looking Closely At China Literature Limited’s (HKG:772) P/E Ratio
China Literature (HKG:772) shareholders are no doubt pleased to see that the share price has had a great month, posting a 36% gain, recovering from prior weakness. The full year gain of 21% is pretty…
China Southern Airlines Plans to Issue up to $2.25 Billion in A-Share Convertible Bonds
Convertible debt offers coupons – interest payments – like normal bonds, but also carries the right to convert the debt into shares at a certain price. The carrier will raise 10.6 billion yuan to buy…
Bank stocks push Wall St higher amid lingering economic worries
Wall Street’s main indexes were lower in choppy trading on Thursday, as renewed worries about Sino-U.S. trade relations added to fears of an extended economic downturn due to the virus outbreak. ( read original story…
China central bank outlines financial co-operation in Greater Bay Area
The People’s Bank of China published a list of guidelines on Thursday aimed at connecting financial markets and services in the southern ‘Greater Bay Area’ linking the mainland with semi-autonomous … ( read original story…
Hold China accountable for coronavirus, but don’t ‘scapegoat’ them: CFR president
China should be held accountable for its role in the coronavirus pandemic, but the United States must also take responsibility, Council on Foreign Relations president Richard Haass said. ( read original story …)
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