China Mobile (NYSE:CHL) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports. Several other … (…
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China Mobile (CHL) Upgraded at Jefferies Financial Group
China sports brand Anta goes global, taking on Nike and Adidas
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China Proposes Luxury Tax Increase to Rein in Millennial Debt
China should increase the luxury goods tax rate as a way to curb younger generations’ irrational spending on luxury brands, a Chinese official proposed at the country’s annual “Two Sessions” last week … ( read…
Satellites and shoe-leather: How investors get beyond China’s dubious data
Bye cites the example of the 2013 crackdown by Chinese authorities on gift-giving by officials, which skewed demand for luxury brands. “Therefore, China growth numbers out of some high-end … ( read original story …)
Investors Keeping Watch For Bad News From China (Radio)
Terry Chan, Managing Director, Head of Analytics and Research, Asia-Pacific, S&P Global, joined Rishaad Salamat and Doug Krizner on Daybreak Asia. His latest report asks whether liquidity will hold, t… ( read original story …)
China flags further cuts to coal use
Coal made up 59 per cent of China’s energy input last year Beijing will support companies making the switch from coal Shanghai | China has signalled further cuts to coal use as it steps up…
China sports brand goes global, swings deal for Wilson owner
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China works to contain outbreak of African swine fever
Amid the outbreak, it is estimated that China’s giant pork industry could see production … Sylvain Charlebois is a professor of food distribution and policy at Dalhousie University’s business school … ( read original story…
China Mobile : Jefferies lift YOFC to HK$39.16
Yangtze Optical Fibre And Cable (YOFC)(06869) to HK$39.16 from HK$34.49 and maintained its “buy” rating. The research house expects market share and margin upside to drive the stock higher. Despite it… ( read original story…
‘Zombie’ enterprises hampering China’s economic transformation – Chinalco
There are three difficulties when it comes to getting rid of zombie firms, the official Xinhua news agency said, citing Ge Honglin, chairman of Aluminum Corporation of China (Chinalco). Local governme… ( read original story…
China Mobile (NYSE:CHL) gets upgraded to Buy by Jefferies Financial Group
Today, China Mobile (NYSE:CHL) stock received an upgrade by Jefferies Financial Group from Hold to Buy. There are 2 Sell Ratings, 2 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings on the stock. (…
U.S. Warns Germany Against Using Technology of China’s Huawei-WSJ
WASHINGTON — The United States has told Germany that it will share less intelligence with its security agencies if the country’s wireless network uses China’s Huawei Technologies Co to upgrade to 5G, … ( read…
Tesla in talks with China’s CATL for rechargeable batteries: Bloomberg
(Reuters) – Tesla Inc is in discussions with Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL … signed a preliminary agreement with China’s Tianjin Lishen to supply batteries … ( read original story …)
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