The coronavirus pandemic has accelerated a migration to online services in China from e-payments to retail and healthcare, says Elinor Leung, head of Asia telecom and internet research at CLSA. ( read original story …)
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Recent Posts
5G has entered China’s post-Covid shift to online services ‘at the right time’: CLSA
China brands Hong Kong citizens held at sea ‘separatists’
The Shenzhen city police said the 12 Hongkongers were under criminal detention on suspicion of illegally crossing the border … ( read original story …)
China’s Ming Yuan launches up to $800 mln Hong Kong IPO – term sheet
Chinese property software company Ming Yuan Cloud on Monday launched an IPO in Hong Kong to raise as much as HK$6.17 billion ($798 million), a deal term sheet showed, as the city gears up for…
Xiaomi-backed Tiger Brokers taps investor frenzy for Chinese tech IPOs in US
As mainland Chinese companies launch bigger initial public offerings (IPOs) on exchanges in the United States, Beijing-based online brokerage Tiger Brokers is helping investors back home get a cut of … ( read original story…
Mainland China reports 10 new COVID-19 cases, same as day earlier
China on Monday reported 10 new coronavirus cases in the mainland for Sept. 13, the same as a day earlier, the health authority said. ( read original story …)
HICOOL Global Entrepreneur Summit and Entrepreneurship Competition Concludes with Business Fest in Beijing
After rounds of intense contests starting from May 15, the HICOOL Global Entrepreneur Summit and Entrepreneurship Competition (HICOOL) concludes on September 12 in Beijing. ( read original story …)
China opens anti-subsidy probe on some U.S. glycol ethers imports
China’s commerce ministry said on Monday it launched an anti-subsidy investigation on some glycol ethers imports from the United States starting from Sept. 14. China had in late August launched an … ( read original…
China wants its semiconductor industry to catch up with the U.S. — but that won’t be easy
As the U.S. puts pressure on China’s technology sector, Beijing is looking to boost its homegrown semiconductor industry. But its reliance on foreign tech creates big challenges. ( read original story …)
UPDATE 1-China’s new home prices growth steady, supports economic recovery
August new home prices up 4.8% y/y vs 4.8% increase in July * 59 out of 70 cities reported higher prices vs 59 in July (Adds details, analysts comments) BEIJING, Sept 14 (Reuters) – New…
China Clamps Down on Finance Arms of Ant, Other Giants
China is tightening rules and imposing capital demands on sprawling empires such as Ant Group and China Evergrande Group in its latest attempt to curb risks in the nation’s $49 trillion financial … ( read…
RPT-EXCLUSIVE-China would rather see TikTok U.S. close than a forced sale – sources
Beijing opposes a forced sale of TikTok’s U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the United States, three people with direct knowledge ……
China’s Aug new home prices rise at slightly faster pace
New home prices in China rose at a slightly faster monthly pace in August, as consumer demand continued to recover from the coronavirus crisis. ( read original story …)
EU and China talk trade despite rifts
EU leaders will talk to Chinese President Xi Jinping seeking trade and investment Monday, despite tensions over Hong Kong’s freedoms and Beijing’s treatment of its Uighur minority. ( read original story …)