China’s coking and thermal coal markets are set to tighten over the remainder of 2020 as stringent import restrictions curb supply at a time of robust demand from heavy industry, and with the winter ……
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Cheap drones from China, Turkey and Israel are fueling conflicts like Armenia and Azerbaijan’s
They’re upping the casualties in regional clashes that until now have been limited by smaller countries’ inability to wage effective air campaigns. ( read original story …)
‘Socialist modern’ Shenzhen to rival Hong Kong, lead recovery
Chinese President Xi Jinping says the technology hub will be a model city for economic, digital and social changes to be rolled out around China. ( read original story …)
There are ‘clear risks’ with some firms within China’s real estate: HSBC
Investors can choose to stick to higher quality, better cash-generating companies that are likely to survive, says Herald van der Linde of HSBC Global Research. ( read original story …)
ASML reports better third-quarter sales, China growth to continue despite U.S.
ASML Holding NV, the semiconductor equipment maker, reported on Wednesday better than expected earnings for the third quarter, saying it saw double digit growth in 2021. ( read original story …)
China’s Xi uses key speech to promote integration of Hong Kong
Xi said there should be more cooperation within the Greater Bay Area to attract young people from Hong Kong and Macao to the mainland and so “increase their sense of belonging to the motherland.” ……
Asia Today: India reports 63,000 new cases, China tests 4.2M
India has confirmed more than 63,000 new cases of the coronavirus, an increase of over 8,000 from the previous day but still far fewer than it was reporting a month ago, when the virus was…
Shares of China property developer Evergrande dive after announcing discounted new share sale
The cash-strapped company was downgraded by ratings agency S&P Global Rating from “stable” to “negative” recently due to weak liquidity. ( read original story …)
China shares drop on property sector woes, Xi speech aids tech stocks
Property sector leads losses on Evergrande’s slimmed share-sale * Tencent hits record high on Xi’s speech. BEIJING, Oct 14 (Reuters) – … ( read original story …)
The World’s Largest Potential IPO Is Under Threat
Billionaire Jack Ma’s Ant Group is said to be seeking a valuation of about $250 billion as it plans a dual listing in Hong Kong and Shanghai, which could raise at least $35 billion. The…
Ant Group’s IPO reportedly faces delays as Chinese regulator conducts a probe
Alipay acts as the only third-party agency for retail investors looking to buy into the five Chinese mutual funds investing in the IPO. ( read original story …)
China’s Xi backs stronger property rights, protections for entrepreneurs in Shenzhen
Shenzhen will strengthen property rights and protection of entrepreneurs, China’s President Xi Jinping said Wednesday a speech to marking the establishment of the country’s first economic zone in the … ( read original story …)
China’s Xi promises changes to promote tech center Shenzhen
BEIJING (AP) — President Xi Jinping promised Wednesday new steps to back development of China’s biggest tech center, Shenzhen, amid a feud with Washington that has disrupted access to U.S. technology … ( read original…
