Chinese property shares tanked on Thursday, after measures announced by officials to bolster the flagging real estate market were deemed by investors and economists to be too piecemeal.
Tagged By business
Japan’s exports fall for first time in 10 months on China, US slowdown
Japan’s exports fell for the first time in 10 months in September, data showed on Thursday, a worry for policymakers as any prolonged weakness in global demand may complicate the central bank’s path …
McKinsey cuts hundreds of jobs in China business, WSJ reports
U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce, the Wall …
General Atlantic Chairman Upbeat On China Outlook Despite Tensions
“I remain optimistic that we can find a constructive path forward that is mutually beneficial for the U.S. and China and supports global growth,” William Ford says …
General Atlantic Chairman Upbeat On China Outlook Despite Tensions
“I remain optimistic that we can find a constructive path forward that is mutually beneficial for the U.S. and China and supports global growth,” William Ford says …
China boosts funds for housing projects to support its embattled sector
In late September, the central bank announced measures including cuts in the minimum down payment ratio to 15 per cent for all buyers …
China boosts funds for housing projects to support embattled sector
BEIJING: China will expand a “white list” of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan (US$562 billion), Minister of Housing and …
US sees surge in imports from China
Imports into the United States from China increased over the past three months, despite challenges, including strikes by US dockworkers that threatened to slow down the supply chain. The number of …
China slump hits high-end fashion giant LVMH as Bernard Arnault’s fortune plummets
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person. Fast forward to Wednesday and a slump in Chinese demand for Louis…
China buys fewer peas
Pea imports are way down so far this year in one of Canada’s top markets. China bought 657,000 tonnes of the crop during the first half of the …
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH’s commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth in recent years.
China Resources Beverage Seeks Up to $649 Million in Hong Kong IPO
China Resources Beverage Holdings Co. is seeking to raise as much as $649 million in its Hong Kong initial public offering, one of the city’s largest listings this year.
China Resources Beverage prices IPO with plan to raise circa $608m
China Resources Beverage plans to raise more than $600m from a listing in Hong Kong as the soft drinks maker kicked off its IPO. The offer began yesterday (15 October) for the issuance of about…