The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to … (…
Tagged By beijing
China edges towards greater financial discipline
A succession of defaults has rattled China’s $15tn bond market and is raising concerns about the country’s financial health following a sharp slowdown in economic growth this year. For foreign … ( read original story…
China state group says official meddling contributed to default wave
The fall of state firms isn’t just a result of bad management, unclear strategy and inadequate entrepreneurship,” said Mr Wang, in unusually frank remarks from a state-owned Chinese group, during an … ( read original…
Ant IPO said to face slim chances of getting done next year
Understanding the authorities’ thinking and navigating the complex rules — some of which are still subject to change — are the biggest hurdles facing Ant. ( read original story …)
China says manufacturing activity expands for ninth straight month as official PMI beat expectations
The official manufacturing PMI reading is better than the 51.5 forecast by analysts in a Reuters poll and October’s official reading of 51.4. ( read original story …)
China’s wine tariffs will have a ‘devastating impact’ on small Australian producers, trade group says
China’s commerce ministry on Friday announced preliminary anti-dumping duties ranging from 107% to 212% on Australian bottled wine imports. ( read original story …)
China reports 18 new COVID-19 cases vs 11 a day earlier
China reported 18 new COVID-19 cases on Nov. 29, up from 11 a day earlier, the national health authority said on Monday. ( read original story …)
How Shenzhen turned all its 16,000 buses fully electric
E-buses could be the future of environmentally-friendly public transport, but the upfront costs and charging infrastructure are holding back adoption … ( read original story …)
Canberra blasts Beijing over ‘repugnant’ tweet after war crimes report
Canberra has accused Beijing of sharing a “repugnant” and fake image of an Australian soldier holding a bloodstained knife to the throat of an Afghan child in a considerable escalation of diplomatic … ( read…
China completes farm product quarantine protocols of U.S. trade deal: Global Times
China’s customs authority has completed the quarantine protocols agreed under the Phase one trade deal between China and the United States allowing for the imports of various farm goods, the Global … ( read original…
Asia-Pacific stocks mixed as China says its manufacturing activity grew in November
China’s National Bureau of Statistics announced Monday that the official manufacturing Purchasing Managers’ Index for November was at 52.1. ( read original story …)
Australian leader calls China’s graphic tweet ‘repugnant’
Australian Prime Minister Scott Morrison said Monday a tweet by a Chinese official which shows a fake image of an Australian soldier appearing to slit a … ( read original story …)
Investors should allocate up to 20% of their portfolios to China over the next decade, strategist says
Investors need to allocate more of their portfolios into China, as “geopolitical diversification” is going to be a more crucial consideration, according to one investment strategist. ( read original story …)
