China is experiencing yet another Covid-19 outbreak caused by the delta variant, with dozens of infections detected in the southeastern province of Fujian less than a month after the nation’s last …
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China causes big Aussie export to drop 11 per cent in one week
In just one week, the iron ore price has plummeted by over 11 per cent down to $U128.75 a tonne hammering Australia’s most valuable export.
China Classifies Town in Fujian Province High-Risk as Covid-19 Cases Surge
Authorities in China’s Fujian province has classified Fengting town as a Covid-19 high-risk area after a latest resurgence of new confirmed cases. Since September 10, Fujian has reported 21 locally …
China will reportedly break up Ant Group’s Alipay and force creation of new loans app
Beijing plans to break up Ant Group’s Alipay and create a separate app for the fintech giant’s loans business, the Financial Times reported Monday.
Factbox: China crackdown wipes hundreds of billions off top companies’ values
China’s regulatory crackdown has ensnared sectors from technology to education to property, wiping hundreds of billions off the market capitalisations of some of its largest companies and putting …
The Latest: COVID outbreak in southeast China adds 22 cases
BEIJING — A southeastern Chinese province has reported 22 more COVID-19 cases, bringing the total to 43 in a fresh outbreak driven by the highly transmissible delta variant. Health authorities said …
China-ASEAN Trade Index released in Guangxi
The China-ASEAN Trade Index was released for the first time during the ongoing 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Nanning, capital of south China’s Guangxi …
Soho China shares plunge 40% after Blackstone deal collapses
Shares in Soho China fell as much as 40 per cent on Monday after US private equity group Blackstone pulled its $3bn takeover of the Chinese property company last week. About $830m was wiped from…
Blackstone moves out of China property deal
Blackstone has abandoned a second attempt to take Hong Kong-listed mainland property developer Soho China (0410.HK) private, per a Reuters report. The companies said that the preconditions for sealing …
ETF managers frustrated after Kuaishou slump stokes fears that tech IPO fever could sink H-share returns
of the unprofitable company, which at one point more than tripled its IPO price, has now reversed and its 73 per … have also dropped amid a crackdown on Big Tech by Beijing, contributing to…
Broncus on the road for IPO
Goldman Sachs and Haitong International are the sponsors on the IPO. They are also the global co-ordinators alongside Credit Suisse. The other bookrunners and lead managers are China Merchants Bank …
China-ASEAN Business And Investment Summit
The China-ASEAN Trade Index was released for the first time during the ongoing 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Nanning – the capital city of China’s …
China reports 49 new coronavirus cases, compared with 46 a day earlier
China reported on Monday (Sept 13) 49 new confirmed coronavirus cases in the mainland for Sept 12, compared with 46 a day earlier, according to the National Health Commission. Of the new infections, …
