The new issue will bring the total of refined fuel export quotas this year to 17.5 million tonnes, still significantly lower than the 29.5 million tonnes allotted under the first issue of 2021 …
Tagged By import
China Tech Shares Rally as Game Approvals Fuel Recovery Bets
China’s tech stocks jumped as the government’s latest batch of new game approvals bolstered bets that the industry’s business outlook is on the mend. Hong Kong’s Hang Seng Tech Index Index advanced as …
CX Daily: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices
Why newly listed Chinese stocks fall below their IPO prices. Investing in Chinese IPOs was once hailed as the safest of safe bets, with guaranteed huge ret …
Raslag plummets below IPO offer price
Raslag [ASLAG 1.89 7.80%] , the PSE’s latest solar power generation company, saw its stock price plummet almost 8% yesterday to P1.89/share, 5.5% below its IPO offer price of P2 …
China’s Imports Face Double-Digit Decline
After a stellar 2021, when China became the world’s biggest LNG importer, industry insiders think imports could tumble up to 20% this year.
China Export Boom Fades as Spending Shifts, Cheaper Rivals Gain
After two years of record exports, Chinese manufacturers are turning downbeat as consumers in their biggest markets curb spending and Covid lockdowns drive customers to competitors in the region.
POLL-China’s May exports, imports seen recovering as supply chains restart
China’s exports are expected to have expanded at a faster pace in May as factories reopened and supply chain disruptions calmed after Shanghai began to emerge from a lockdown, while imports also …
Global arms industry getting shakeup by war in Ukraine – and China and US look like winners from Russia’s stumbles
Russia’s war in Ukraine is upending the global arms industry. As the U.S. and its allies pour significant sums of money into arming Ukraine and Russia bleeds tanks and personnel, countries across the …
What’s the crypto regulation endgame?
With cryptocurrency prices plummeting as central banks start to raise interest rates, many are wondering if this is the beginning of the end of the bubble. Perhaps not yet. But a higher opportunity …
Why Biden must not drink from China’s poisoned tariff chalice
Biden administration statements indicate that the United States may remove at least some of the $300 billion in tariffs imposed on China by the Trump administration.
We need to talk about Gucci: Kering sets plan to boost brand in China
Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China – a key growth driver for leading luxury houses that has been hit…
Ant Group emerges as ‘less finance and more tech’ two years after mega IPO was called off, analysts say in wake of ESG report
Ant has been under a state-guided restructuring process since its IPO in Shanghai and Hong Kong was called off in 2020 Fintech firm will focus on four pillars: digital inclusion, low carbon, …
US Trade Deficit Narrows Most on Record on Muted China Imports
The US trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid Covid lockdowns in China while exports climbed.