Analysts said the announcement reflected Beijing’s frustration with Hong Kong officials and its fear that election losses in September would further weaken their hand. “Beijing’s message basically was … ( read original story …)
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Beijing’s message to HK: ‘We waited for you guys long enough’
New IPO system to transform securities sector
China is likely to embrace large investment banks in a real sense, with the registration-based initial public offering system reshaping the country’s securities industry, experts said. The Central … ( read original story …)
China to strengthen policy adjustments, guide loan rates lower: PBOC Governor
China will strengthen its economic policy and counter-cyclical adjustments and continue to push to lower interest rates on loans, central bank Governor Yi Gang said. ( read original story …)
China Coronavirus Expert Warns COVID-19 Is ‘Just The Tip Of The Iceberg’
Dr. Shi Zhengli, whose work and that of her team allowed the world to quickly understand the virus that causes COVID-19, warns of more animal-borne diseases in the future. ( read original story …)
China says it has a ‘zero-tolerance policy’ for racism, but attacks on Africans go back decades
When footage of Africans being discriminated against in China for their race amid the Covid-19 crisis emerged last month, it caused an awkward rupture in China-Africa relations. ( read original story …)
Despite US-China tensions, company to company ties main super strong, for now: Economist
Wellian Wiranto of OCBC says the recent freight rates suggest that business ties between the U.S. and China remain strong despite political blusters. He points out that the longer-term trend is supply … ( read…
China says it has a ‘zero-tolerance policy’ for racism, but discrimination towards Africans goes back decades
When footage of Africans being discriminated against in China for their race amid the Covid-19 crisis emerged last month, it caused an awkward rupture in China-Africa relations. ( read original story …)
Is Beijing Sports and Entertainment Industry Group Limited’s (HKG:1803) CEO Paid At A Competitive Rate?
Our data indicates that Beijing Sports and Entertainment Industry Group Limited is worth HK$216m, and total annual CEO compensation was reported as HK$873k for the year to December 2019. That’s less … ( read original…
China’s congress official proposes a blockchain development fund
China’s National People’s Congress (NPC) deputy has proposed a state-backed blockchain development fund. The fund aims to support the growth and development of promising blockchain organizations. ( read original story …)
WuXi AppTec-Backed Canbridge Taps Morgan Stanley for IPO
Canbridge Pharmaceuticals Inc., a Chinese drugmaker backed by WuXi AppTec Co., is working with Morgan Stanley as it starts early preparations for a planned Hong Kong initial public offering, people … ( read original story…
Hang Seng Index rebounds from rout as proposed security law roils sentiment, HKEX surges on Chinese IPO outlook
Hang Seng Index eked out a small gain after losing as much as 1.8 per cent in a market roiled by rising political temperatures. HKEX surged by the most in 18 months on improving IPO…
Beijing’s message to HK: ‘We waited for you guys’
Though it came as a surprise, the move had been meticulously planned at least seven months earlier and, analysts say, the announcement reflects Beijing’s frustration with Hong Kong officials and its … ( read original…
As China eclipses US, Brussels must rethink Beijing, says EU top diplomat
Josep Borrell said the pandemic could be seen as a turning point in the power shift from West to East, and that the “pressure to choose sides is growing.” … ( read original story …)
