Return on Equity = Net Profit (from continuing operations) ÷ Shareholders’ Equity So, based on the above formula, the ROE for China Resources Cement Holdings is: 20% = HK$8.3b ÷ HK$42b (Based on the ……
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Are Strong Financial Prospects The Force That Is Driving The Momentum In China Resources Cement Holdings Limited’s HKG:1313) Stock?
What is China’s cryptocurrency-like sovereign digital currency and why is it not like bitcoin?
China’s sovereign digital currency could be launched later this year, with the likes of Alibaba’s Alipay and Tencent’s WeChat Pay already popular payment methods. ( read original story …)
U.S. Senators Introduce China Sanctions Bill Over Virus
U.S. lawmakers are introducing a bill that would authorize President Trump to impose sanctions if China does not cooperate with investigations into the Covid-19 outbreak. The move does threaten to … ( read original story…
China’s aviation regulator says passenger numbers down 68.5% year-on-year in April
China’s aviation regulator said on Wednesday that passenger numbers fell 68.5% in April from a year earlier to 16.72 million. ( read original story …)
FBI arrests researcher for NASA who allegedly failed to report ties to China
Federal agents have arrested an Arkansas professor who allegedly failed to disclose his ties to Chinese entities during the course of securing funding for a NASA research project, the Justice … ( read original story…
As China State Media Taunts U.S. Response to Coronavirus, Trump Senate Ally Seeks Sanctions on Beijing Over Pandemic Probe
“I’m convinced China will never cooperate with a serious investigation unless they are made to do so,” Senator Lindsey Graham said. ( read original story …)
Green or red light: China virus app is ticket to everywhere
To enter many offices, restaurants, parks or malls in China nowadays, people must show their status on an app that determines whether they are a coronavirus threat. There is often a moment of tension ……
Australia Has an Important Relationship With China: Finance Minister
Australian Finance Minister Mathias Cormann discusses the escalating tensions between Australia and China and the government’s call for an investigation into the origin of coronavirus. He speaks on … ( read original story …)
US Senate threatens sanctions on China over COVID-19 accounting
US Republican senators proposed legislation Tuesday that would empower President Donald Trump to slap sanctions on China if Beijing does not give a “full accounting” for the coronavirus outbreak. “The … ( read original story…
Beijing raises stakes by banning beef from Australia
Fears of a trade war grew in Australia yesterday after China, its biggest trading partner, announced it was blocking imports of beef from the country, with fears that wine and seafood would be next. (…
China reports seven new coronavirus cases in mainland on May 12, vs one a day earlier
China reported seven new confirmed coronavirus cases in mainland on May 12, up from one a day earlier, the country’s health authority said on Wednesday. ( read original story …)
China’s smartphone shipments are reportedly up for April, following COVID-19-fueled decline
Smartphone shipments are reportedly beginning to see signs of life in China, after a sizable dip from the COVID-19 pandemic. The figure, from the China state-supported group, is virtually a mirror … ( read original…
CIA Believes China Tried to Prevent WHO from Declaring Coronavirus ‘Global Health Emergency’: Report
The WHO declared a global health emergency on January 30, about one month after China confirmed the emergence of the as-yet unidentified pathogen in the city of Wuhan. ( read original story …)
