Hong Kong’s status as an international financial centre will be reinforced by yuan internationalisation and China’s economic transformations, according to top finance officials and industry players.
Featured Posts Title
Key Country Wooed by China, Russia Responds to New Trump Tariffs
Popular power bank recalls 490,000 products & suspends production after overheating risk revealed
Meet the British expat finding connection in Shenzhen through maths, family life and park runs
Why holding China accountable for coronavirus is just the tip of the …
US Ally Issues Warning Over China Military Expansion in Pacific
EU lawmakers rebuke China over rare earth curbs before summit
China solar stocks surge as Beijing moves to calm price wars
Recent Posts
‘China’s London’? Hong Kong’s finance hub status will be cemented by mainland’s economic development, summit told
China to restrict export of some aviation, space components from July 1
China will control exports of some aviation and space components from July 1, its commerce ministry announced on Thursday, citing a need to protect the country’s national security and interests.Those …
Blockchain Adoption: Know its Role in Reducing Data Monopolization in Supply Chains
Blockchain technology, known for its secure and encrypted ledger, facilitates reliable, shareable, and timestamped records of transactions. Its decentralized nature eliminates intermediary steps, …
US Treasury No. 2 warns China over support for Russia
BERLIN (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that Washington and the European Union must deliver a message to China that its firms face a choice between doing business with U.S.…
On China’s TikTok, People Are Sharing Detailed Instructions on How to Migrate to the U.S.
Xiong couldn’t pinpoint exactly what finally prompted him to leave his hometown in China, the only place he’s lived for 32 years, and embark on the arduous journey on foot through Central and South …
China’s Economy Cannot Export Its Problems Away
Herrero & Alessio Terzi explain why the current growth strategy will inevitably fail to address the roots of the economy’s problems.
China’s manufacturing activity contracts again
A key gauge of China’s manufacturing activity has fallen below the boom-or-bust line for the first time in three months. Stagnant domestic demand is a major factor amid the prolonged slump in the …
Shein’s long-awaited IPO could be one of the biggest in years—if it can just figure out where U.S. and Chinese regulators will let it debut
Shein is reportedly considering an IPO in London after its plans to list in New York hit a wall of resistance.
Apple’s iPhone Sales in China Surge 52% in April: Unpacking the Growth
In a notable turnaround from previous trends, Apple has announced a staggering 52% increase in iPhone, sales in China for April, signaling strong consumer demand and robust market strategies, …
Video: Window cleaners left dangling from Beijing skyscraper after sudden gusts
Several window cleaners were left hanging precariously from a high-rise building in Beijing after the city was hit by an abrupt bout of strong wind. Visuals from Chanakyapuri’s Sanjay Camp area showed people carrying pipes,…
China real estate crisis: Chinese property giant Evergrande fined $576 mn for ‘fraud’: regulator
Evergrande was once China’s biggest real estate firm but its spiraling debt become emblematic of a prolonged crisis in China’s real estate sector China’s deeply indebted property giant Evergrande has been fined $576 million for…
{Hot Stocks}CHINA MOBILE(00941) quoted at HK$75.4, up 2.9%
[ET Net News Agency, 31 May 2024] CHINA MOBILE (00941) rose 2.9% to HK$75.4, breaking above the 10-D SMA of HK$73.97. It hits an intra-day high of HK$75.45, hitting a 52-week high, and an intra-day…
China’s Chang’e 6 probe to land on far side of the moon this weekend to return lunar samples to Earth
The robotic Chang’e 6 launched on May 3 and entered lunar orbit about five days later. James Head, of the Department of Earth, Environmental and Planetary Science at Brown University in Rhode Island, has been…
ADVERTISEMENT
