China Pacific Insurance has broken a year-long dry spell for the stock market link between China and Britain. The $32 billion financial group on Wednesday raised $1.8 billion on the London Stock … ( read…
Tagged By finance
Lockdowns and shut schools: Beijing steadies itself for second wave
Finance executive Wang Ying was looking forward to finally having some time off on vacation now that her 10-year-old son was back in school for a week and having finished a busy period at work..…
RPT-Norwegian salmon was not source of coronavirus at Beijing food market, says Norway minister
Chinese and Norwegian authorities have concluded that Norwegian salmon was likely not the source of the novel coronavirus that was found at cutting boards in a Beijing food market, the Norwegian … ( read original…
Citi Appointed as Depositary Bank for China Pacific Insurance’s GDR Program, the Second Shanghai-London Stock Connect GDR Program
Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by China Pacific Insurance (Group) Co., Ltd. (“CPIC”) – a leading insurance group listed in Shanghai and Hong Kong an … ( read original…
Yum China +5% on potential for Hong Kong listing
(NYSE:YUMC) is talking to banks about a potential adviser role for a possible Hong Kong listing, sources tell Financial Times. A listing in Hong Kong by the restaurant operator is believed … ( read original…
Flights canceled as Beijing’s new outbreak raises concerns
More than 60% of commercial flights in and out of Beijing have been canceled as the Chinese capital raised its alert level Wednesday against a new coronavirus outbreak and other nations confront … ( read…
Beijing Cancels Flights; NZ Calls In the Military: Virus Update
Beijing reported 31 new virus cases Wednesday, taking the total in a growing outbreak to 137. Schools are closed and more than 1,200 flights were canceled Wednesday as authorities grapple with … ( read original…
Dow Futures Extend Gains As Traders Bet on V-Shaped Recovery; Coronavirus Infections Creep Higher in Beijing
U.S. stocks are set for a four consecutive day of gains as record retail sales, and a potential breakthrough in coronavirus treatment strategies, continues to push bets for a so-called V-shaped … ( read original…
China shares end nearly flat on Bejing’s movement curbs to contain fresh virus cases
China shares closed little changed on Wednesday, as investors remained cautious due to Beijing’s curbs on travel and movement in some areas to contain a resurgence in the new coronavirus cases in the … (…
China’s CPIC rises after $1.8 billion London debut
Shares in China Pacific Insurance Co (CPIC) rose on their London market debut on Wednesday, in a boost for a stock exchange link-up between Britain and China designed to improve investment and trade … (…
Beijing Cancels Flights; Sinopharm Stock Soars: Virus Update
China is escalating containment measures in Beijing as it grapples with how to stem a growing outbreak that’s now topped 130 cases without sealing off its most important city. Authorities of the … ( read…
China’s Tumbling Bond Market Needs a Big Liquidity Injection
Investors in China’s tumbling sovereign bonds are counting on Beijing to unleash more cash into the financial system.A flood of issuance, liquidity withdrawals and returning risk appetite globally … ( read original story …)
China says it does not want to see any more clashes on border with India
China said on Wednesday it does not want to see any more clashes on the border with India following a clash on Monday that killed at least 20 Indian soldiers, adding that both countries are…
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