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…
FINANCE
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 …)
Unexpected China c.bank liquidity drain sparks further bond selloff
China’s central bank surprised investors on Thursday by not issuing new medium-term loans, draining liquidity from the banking system and prompting investors to extend a sell-off in Chinese government … ( read original story …)
The Beijing Capital International Airport (HKG:694) Share Price Is Down 54% So Some Shareholders Are Wishing They Sold
As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually … ( read original story …)
China Sovereign Bond Rout Accelerates as Central Bank Stays Pat
Investors in China’s sovereign-debt market are increasingly concerned the central bank won’t be easing policy aggressively any time soon. ( read original story …)
China Seen Draining Funds From Bank System in Surprise Move
China was seen to drain liquidity from the banking system even as lenders come under pressure to handle higher demand for funds.The People’s Bank of China probably allowed 200 billion yuan ($28 … ( read…
China needs more active fiscal policy as pressure on economy increasing – People’s Daily
China needs more active fiscal policy as pressure on its economy is still increasing, according to an article by Finance Minister Liu Kun published in the official People’s Daily on Thursday. “At … ( read…
How to Decouple Key Supply Chains From China | Opinion
Amidst the pandemic, the desire to economically decouple from China is immediately encumbered by the fact that China is a key American supplier of medicine (including antibiotics) and medical gear … ( read original story…
China Seen Draining Funds From Banking System in Surprise Move
China was seen to drain liquidity from the banking system even as lenders come under pressure to handle higher demand for funds. ( read original story …)
China’s central bank will conduct MLF operations Thursday: sources
China’s central bank will conduct medium-term lending facility (MLF) operations on Thursday, two traders with direct knowledge of the matter said. ( read original story …)
Did You Miss China Mengniu Dairy’s (HKG:2319) 92% Share Price Gain?
For example, the (HKG:2319) share price is up 92% in the last three years, clearly besting the market decline of around 9.3% (not including dividends). On the other hand, the returns haven’t been … (…
China Seals Off Cities Near North Korea
China is sealing off cities in the Northeastern province that borders North Korea as a growing cluster of cases threatens to undermine its containment of coronavirus. Bloomberg’s Yvonne Man reports on … ( read original…
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