BEIJING, Aug 14 (Reuters) – China’s property investment grew 10.6% in the first seven months of the 2019 on a year-on-year basis, slowing from 10.9% in the January-June period, official data showed on … (…
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Trump faces Xi as strains with allies complicate U.S. pressure on China
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China’s Jan-July property investment growth slows, sales fall
China fixes its yuan midpoint at 7.0326 per dollar, stronger than analysts expected
China’s central bank set the official midpoint reference rate for the yuan at 7.0326 per dollar on Tuesday, stronger than what analysts were expecting. It was the fourth consecutive session where the … ( read…
How Does Bank of China Limited (HKG:3988) Fare As A Dividend Stock?
Could Bank of China Limited (HKG:3988) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. ( read original story…
U.S. Blacklists China Nuclear Firms Accused of Aiding Military
(Bloomberg) — The U.S. added four Chinese nuclear entities to a trade blacklist, accusing them of helping to acquire advanced U.S. technology for military use in China. China General Nuclear Power … ( read original…
China’s Tencent cautious after surge in quarterly profit
Growth in the company’s gaming business resumed in the second quarter after a long regulatory freeze in China and its fintech operations also generated sharply higher revenues. However … ( read original story …)
Investors Who Bought Shenzhen Expressway (HKG:548) Shares Five Years Ago Are Now Up 78%
To wit, the Shenzhen Expressway share price has climbed 78% in five years, easily topping the market return of -12% (ignoring dividends). However, more recent returns haven’t been as impressive as … ( read original…
A Look At Some Of the Pro-Beijing Neighborhoods In Hong Kong
Young, black-clad protesters have widespread support among residents of Hong Kong. But there have been clashes with residents in pro-Beijing enclaves. ( read original story …)
Why Saudi Arabia Needs An Aramco IPO
While China reports GDP growth of just over 6% … Saudi Arabia is firming up its plans for an Initial Public Offering (IPO) of 5% of giant state oil enterprise Saudi Aramco. ( read original…
WeWork has a complex and costly business in China, which it cites 173 times in IPO filing
WeWork owns 59% of ChinaCo, and its key investors in the joint venture are Softbank, Hony Capital and Trustbridge. According to WeWork’s website, the company has 115 buildings in Greater China. The … ( read…
China may use foreign exchange reserves to fight US financial war risk, analysts say
As the United States widens the conflict with China into the realm of finance, raising the possibility that Washington will use the US dollar payment system as a weapon, analysts are wondering … ( read…
9F IPO: What You Need To Know
A Chinese digital financial accounting platform is part of the IPO slate for the week. Beijing-based 9F Inc. is planning a 8.9-million share IPO, with the company offering 6.75 million ADSs and … ( read…
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
Measuring crypto trading volume in China or elsewhere is highly difficult. While digital wallets used to send and receive coins can be tracked on the blockchain technology that underpins most coins, … ( read original…
Can China’s state-run cryptocurrency compete with Facebook’s Libra?
But can it effectively counteract the threat to China’s financial system that Chinese officials say Facebook’s crypto project poses? Within a matter of weeks, China has gone from merely … ( read original story …)
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