BEIJING (Reuters) – Sales of new energy vehicles (NEV) in China, the world’s biggest auto market, will jump to 20% of overall new car sales by 2025 from just 5% now, the state council said…
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New Energy Vehicles to Make up 20% of China’s New Car Sales by 2025
Invesco China Technology ETF (CQQQ) Hits a New 52-Week High
For investors looking for momentum,Invesco China Technology ETF CQQQ is probably a suitable pick. The fund just hit a 52-week high and is up 75.8% from its 52-week low price of $43.19/share. Let’s … (…
Exclusive: Trump administration shelves bid to blacklist China’s Ant Group – sources
The Trump administration has put on hold an effort to blacklist Ant Group Co Ltd , the Chinese financial technology company affiliated with e-commerce giant Alibaba, following a … ( read original story …)
Beijing, not Washington, is the biggest challenge for Chinese fintech giants like Ant
Ant Group’s blockbuster IPO was poised to be a major milestone for a homegrown champion. But officials in Beijing have had other ideas. The Shanghai Stock Exchange announced late on Tuesday (Nov. 3) … (…
China Halts Ant’s Record IPO, Throwing Ma’s Empire Into Turmoil
It was heralded as China’s answer to JPMorgan — a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. ( read original story …)
How the coronavirus and US-China conflict are driving Beijing’s domestic focus in the new five-year plan
China has moved away from its ‘reform and opening up’ strategy and turned to domestic development with an emphasis on self-reliance. The shifting geopolitical landscape and uncertainty over consumer … ( read original story …)
U.S., Australia, India and Japan Begin Joint Navy Drills, China Defends Air and Sea Claims Ahead of Election
As the U.S. Navy trains with Australia, India and Japan to “deter all who challenge a free and open Indo-Pacific,” China hopes these drills are “conducive to regional peace and stability, instead of … (…
China Tells Ant It Must Meet New Capital Requirements Before IPO
Chinese regulators have told Ant Group Co. it can’t proceed with an initial public offering until after it complies with new capital requirements and other restrictions imposed on the country’s … ( read original story…
Why China Blocked Ant IPO And Slapped Founder Jack Ma With Suspension
The IPO suspension came a day after majority shareholder Jack Ma was called into a meeting with four regulatory agencies in China. ( read original story …)
North Korea laid landmines along China border to stop COVID-19: report
North Korea was so concerned about the spread of COVID-19 from China that it laid landmines along the border between the two countries, South Korea’s Yonhap News Agency reported Tuesday. ( read original story …)
From rescue to recovery: towards a sustainable transition for China after the COVID-19 pandemic
This paper sets out the role for the coordinated development of clean, compact and connected (CCC) cities alongside the restructuring of existing metropolitan areas, and describes the necessary … ( read original story …)
China slams the brakes on Ant Group’s $37 billion listing
China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to go in a dramatic blow to the financial technology company founded by … ( read…
China rocks markets by slamming the brakes on world’s biggest float
China suspended Ant Group’s $US37 billion stockmarket listing, thwarting the world’s largest IPO with just days to go in a dramatic move that left investors and bankers scrambling for answers. ( read original story …)
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