Shares in China’s three biggest telecoms companies fell as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms in…
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Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in Shenzhen
Rain pounds Beijing as Typhoon Dolphin sweeps through China
Beijing shuts tourist sites, suspends bus services as heavy rain continues
China responds to expanded UFLPA Entity List, blacklists six US companies
Shenzhen, Hong Kong, and the two competing mega-bridges designed to build a 100 million person megalopolis
Russia is helping China close gap with US forces amid Taiwan tensions, warns longtime military leader
Beijing’s Home Viewing Rises After Chinese Capital Eases Property Market Rules
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China telco shares hit by NYSE delisting announcement
Thousands Line Up for Covid-19 Vaccine Campaign in Beijing, 73,000 Inoculated Over Last Few Days
Health authorities on New Year’s Eve granted “conditional” approval to a vaccine candidate made by Chinese pharma giant Sinopharm, which the company said had a 79 percent efficacy rate. ( read original story …)
Where Is Alibaba Founder Jack Ma? What the Saga of One of the World’s Richest Men Reveals About China Under Xi Jinping
The Alibaba founder, who is personally worth $48.2 billion, has now not been seen in public for at least two months. ( read original story …)
EU, China sign investment treaty
The European Union and China have agreed in principle an accord to facilitate greater levels of EU investment in the Asian country. The treaty includes clauses … ( read original story …)
China accuses US of breaching market rules in NYSE delisting
US government order leading to the impending January 11 delisting of three Chinese telcos from the New York Stock Exchange is politically motivated and violates market rules, says China Securities … ( read original story…
China’s tweaks to CFETS index basket could drive yuan higher – analysts
China’s decision to cut the weighting of the U.S. dollar in a key currency index basket could push the yuan’s value higher against its peers this year, some analysts said. ( read original story …)
South Korean and China’s Shenzhen stocks surge in first trading day of 2021
Pacific were mostly higher on Monday as the first trading day of 2021 kicked off. Mainland Chinese stocks rose by the afternoon: The Shanghai composite gained 0.91% while the Shenzhen component soared … ( read…
Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test
Shenzhen, a major Chinese city, is giving residents the chance to win 20 million digital yuan (worth $3 million) in its latest giveaway. ( read original story …)
China races to give coronavirus vaccine to 50 million workers before Lunar New Year
The country is pushing to complete vaccination of those deemed high-risk before the busiest annual travel period. ( read original story …)
Billionaire Jack Ma Disappears From Public View After China’s Crackdown on Alibaba
The country’s third-richest man missed an appearance as the star judge of a reality TV show he created and hasn’t been seen in public in two months. Chinese billionaire Jack Ma, f … ( read…
Beijing Vaccinates Thousands In Covid-19 Jab Drive
Thousands of people lined up in Beijing Monday to receive a Covid-19 vaccine as China races to innoculate millions before the Chinese New Year mass travel season in February. More than 73,000 people … (…
China’s manufacturing recovery weakens in December
China’s manufacturing activity improved in December but at its weakest rate in three months as the economy recovered from the coronavirus pandemic while its trading … ( read original story …)
China makes debt rating agency pay for default, in a precedent for legal and financial service firms to be responsible for their work
The Hangzhou court’s ruling sets the precedent for bond underwriters, accounting and law firms to be financially responsible for bondholders’ losses, potentially offering a new road map for handling … ( read original story …)
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