Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan ($4.53 billion) versus a 66.4 billion yuan loss in the same period a year ago.Evergrande is at …
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As China’s economy stalls, Australia braces for the impact on its currency and tourism market
The plan was to profit from Chinese pandemic recovery, before signs emerged that all was not well …
Beijing cuts stamp duty on stock trading
China halved the stamp duty on stock trading effective Monday in the latest attempt to boost the struggling market as a recovery sputters in the …
Beijing Enterprises Holdings Limited (BJEB.F)
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China halves stamp duty on stock trades to boost struggling market
Along with the finance ministry move, CSRC is rolling out measures to shore up market confidence in investing in listed companies …
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
The China Securities Regulatory Commission cited “recent market conditions” as its rationale for slowing the pace of IPOs, without giving details on how it would do so. The CSRC also said restrictions …
China will slow pace of IPOs, further regulate share reductions
China will slow the pace of IPOs and further regulate share reductions, the country’s securities regulator said on Sunday.
The 1 Thing You Need to Know About China’s 25,000-Satellite Space Project
Everyone knows by now that SpaceX is building a 12,000-satellite orbital broadband internet constellation, called Starlink. Many people probably also know that SpaceX is about one-third of the way …
China property: Shanghai to devise its own easing measures to keep prices in check following policy moves by the central government
Shanghai, mainland China’s financial hub, is unlikely to take drastic action to revive the city’s stuttering property sector, even as Chinese policymakers on Friday announced several measures to prop …
China to Cut Stamp Duty on Stock Trading by Half
BEIJING (Reuters) – China will cut halve the stamp duty on stock trading from Monday, the finance ministry said on Sunday. The stamp duty on stock trades is now 0.1%.
Ronbay Elaborates on Its LMFP Development Plan at its Global Development Strategy Press Conference in Shenzhen
On August 24, 2023, Ningbo Ronbay New Energy Technology Co., Ltd. (“Ronbay” with stock code of 688005. SH) announced its global development strategy and lithium ferromanganese phosphate (LMFP) …
China’s $10 trillion hidden debt mountain could be the ‘ticking time bomb’ that Joe Biden warned of
China has faced many economic problems this year, from deflation to record youth unemployment and a property crisis. But now, an even more worrisome threat is emerging: the colossal hidden debt of …
Direct flight route linking China’s Yinchuan with Dubai resumes
The outbound flight will leave Yinchuan at 11:40 a.m. Beijing Time and arrive in Dubai at 3:55 p.m. local time. The return flight will depart Dubai at 6:00 p.m. local time and arrive in Yinchuan…