The founder of China’s largest chipmaker SMIC said on Tuesday he was “optimistic” China could catch up with the United States in the next generation of semiconductors but that U.S. efforts to contain … (…
Tagged By banking
China shares extend gains as investors hold out for recovery
China stocks on Wednesday ended higher for the fourth straight session, as investors clung to hopes of a post-pandemic recovery in the world’s second-largest economy while the heavyweight services … ( read original story …)
China stocks rise as economic rebound hopes stay intact
China stocks rose marginally on Wednesday as investor confidence in the country’s economic upswing stayed intact, though a drop in financials tamed the broader market’s strength. ** At the midday … ( read original story…
OneConnect Announces Second Quarter and First Half 2020 Unaudited Financial Results
OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial insti … ( read original story …)
U.S., China Plan to Review Phase-One Trade Deal Mid-Month
The planned talks were reported earlier Tuesday by the Wall Street Journal. Load Error China Is Buying American But Not Enough to Hit Trade Deal Target White House press secretary Kayleigh McEnany, … ( read…
Cango Inc. Wins “Best Auto Finance Risk Management Innovation Award” at the 5th Annual China Auto Finance International Summit
PRNewswire/ — Cango Inc. (“Cango” or the “Company”) (NYSE:CANG), a leading automotive transaction service platform in China, … ( read original story …)
Reshoring Jobs To The US Versus Made In China
Rising costs in China coupled with the need to diversify supply chains due to Covid-19 have required companies to pursue reshoring strategies. However, reshoring as a strategy does not equate to being … ( read…
Why You Should Ignore China’s Fury Over TikTok
China’s warning over Trump’s “smash and grab” of TikTok is not all it seems—and that will impact what happens next. ( read original story …)
China stocks end higher as banks rally
China stocks ended higher on Tuesday, underpinned by strong gains in banks as investors cheered Beijing’s latest move to ease pressure on the country’s financial institutions. ( read original story …)
Hong Kong’s international financial center status hangs in the balance
These measures serve to further hasten the U.S.-China financial decoupling. After all, Hong Kong, being the window to China’s trade and investment, plays an important role in the economic, trade and … ( read original…
BlueCity Ranked Among China’s Top Companies for CSR
World-leading LGBTQ platform ranked 12th on one of China’s leading CSR indicesBEIJING, Aug. 04, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world … ( read original story …)
China stocks firm as banks lend support; Hong Kong up
China stocks firmed on Tuesday, driven by strong gains in banks as investors cheered Beijing’s latest move to ease pressure on the country’s financial institutions. ** The CSI300 index rose 0.1% to 4, … (…
Trump says China or Microsoft should pay U.S. a share of any TikTok sale proceeds
Trump told reporters that the United States would make any sale of the Chinese-owned video app possible, and therefore deserves a share of the proceeds, whether it comes from China or Microsoft. ( read original…
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