Investors should take short-term corrections in Chinese markets as buying opportunities, a strategist from Bank of America Securities said.
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China unveils more plans to spur car demand
SHANGHAI (Reuters) -China on Thursday announced a raft of new steps to spur … the announcement as part of a joint statement with 16 other departments including the finance and industry ministries.
China announces new plans to spur automobile demand
The Ministry of Commerce made the announcement as part of a joint statement with 16 other departments including the finance and industry ministries.
China’s Cabinet Urges Greater Cybersecurity After Mass Data Leak
China’s cabinet stressed the need to bolster information security, following a huge leak of personal data that could be the largest cyber-attack in the country’s history. Most Read from …
Carlyle Cuts China Exposure in New Asia Fund By Up to Half
Carlyle Group Inc.’s new $8.5 billion Asia fund aims to have as little as half the exposure to Greater China as previous funds, driven by investor concern over rising geopolitical risks and regulatory …
China’s first carbon neutrality ETFs raise more than US$1.9 billion as appetite grows for sustainable investing
Four of the eight funds wrapped up sales on Wednesday and brought in around 11 billion yuan, while the other four will wrap up sales on Friday Covering a wider scope than its peers, the…
UBS: Investors love contrast in China
UBS Global Wealth Management said in its mid-year Asia investment outlook that the Chinese market is one of its most preferred stock markets, as the MSCI China Index－covering about 85 percent of the …
China Stock Market May Stop The Bleeding On Thursday
The China stock market has moved lower in consecutive trading days, surrendering more than 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,355-point …
China Bank keeps Baa2 credit rating
CHINA Banking Corp. said debt watcher Moody’s Investors Service maintained its investment grade credit rating as a result of the company’s solid capitalization …
General Motors Reports Worst Sales Since Covid Lockdowns in China
General Motors (NYSE: GM) reported its worst quarterly sales in China since the start of the coronavirus pandemic, amid a rise in Covid-19 cases in the country as well as continuous global supply …
America rethinks its strategy for taking on China’s economy
Slowly, though, the shape of Mr Biden’s approach to the Chinese economy is emerging. The coming weeks may determine whether it amounts to a resolute, coherent strategy or a mess of contradictions. The …
Volkswagen planning ‘big moves’ and hiring spree in China
Volkswagen CEO Herbert Diess said the company is planning “big moves” in China. “We will do some major investments in China,” Diess said in an interview posted Tuesday on LinkedIn. “In a few years, we…
Stocks of ASML Holdings suffers as US plans to restrict supply to China
ASML Holdings is one of very few companies in the world that is into the manufacturing lithography systems and other such vital machines …
