China’s central bank plans to reduce the mandatory foreign currency reserves held by financial institutions, which reflects their commitment to bolster the weakening renminbi. The currency has …
Tagged By ipo
China EV Maker Hozon Auto Appoints Banks for $1 Billion Hong Kong IPO -Sources
HONG KONG/SYDNEY (Reuters) – Chinese electric vehicle (EV) maker Hozon Auto has appointed China International Capital Corporation (CICC) and Morgan Stanley to work on a Hong Kong initial public …
China’s IPO Market Was a World-Beater. Now It Is on Hold.
China’s biggest stock exchanges are applying the brakes on new business—a familiar tactic for Chinese authorities when they want to prop up a flagging stock market. The Shanghai and Shenzhen exchanges …
China Issues Big Fuel Export Quota as Domestic Demand Peaks
China issued another large quota for fuel exports as refiners look to offset peaking domestic demand with more sales overseas.
China issues new 2023 batch of 15 mln tons of fuel product export quotas
China has issued 15 million metric tons of oil products export quotas to companies in its third batch for 2023, according to three trading sources and two domestic consultancies.
China’s president is ditching the G20 – Details
President Xi Jinping of China is taking a pass on the upcoming G20 summit in New Delhi. It’s a resounding decision that not only punctuates the tenuous dynamics among global powerhouses but also …
China Points Finger At Team Biden For Trade Dip: ‘Direct Consequence Of US Moves’
Following a significant drop in trade between the U.S. and China, Beijing’s ambassador to the U.S., Xie Feng, has attributed tariffs and export controls introduced by the Joe Biden -led administration …
With Beijing’s green light, mobility unicorns Zeekr and WeRide inch closer to US IPOs
China’s securities authority announced a set of new rules to facilitate overseas IPOs of Chinese companies, allowing Beijing to tighten its grip on businesses seeking to sell shares abroad.
Column: China’s PMI stays sluggish, but commodity imports are still robust
China’s manufacturing activity turned in another soft performance in August, contracting for a fifth straight month, and adding to the view that the world’s second-largest economy is struggling to …
China manufacturing: ‘bombed-out’ exports in August see manufacturing stay in contraction for fifth straight month
China’s official manufacturing purchasing managers’ index (PMI) rose slightly to 49.7 in August from 49.3 in July, while the non-manufacturing gauge fell by 0.5 points to 51, according to data …
China exports of gallium and germanium surged before restrictions took effect in August, report shows
Beijing’s move to ‘safeguard national security’ was seen as retaliation against US and its allies for imposing chip restrictions on China, and led to stockpiling.
China’s Leaders Could Stem the Economic Slide. A Desire for Control Is Getting in the Way.
But Chinese policy makers’ preference for what they deem national security concerns over economic growth suggests that they will probably rely on Keynesian measures or monetary policy shifts to try to …
China’s economy is disappointing investors — and C-suites
While the People’s Bank of China (PBOC) has moved to cut interest rates to stabilize the economy, investors remain wary of putting money to work.