Post Tagged with: "China Business"

China, Hong Kong benchmarks rebound, defying big sell-offs in region over Apple train wreck

China, Hong Kong benchmarks rebound, defying big sell-offs in region over Apple train wreck

China and Hong Kong stocks defied big sell-offs in Asia in Friday trading, with the Shanghai Composite capping its biggest gain in a month, as suspected state buying and bargain-hunting of beaten-down companies propped up equities reeling from the world?s worst performance last year. Apple suppliers in Asia, however, took […]

What should traders of Hong Kong, China stocks expect after a year of ?heaven to hell??

What should traders of Hong Kong, China stocks expect after a year of ?heaven to hell??

Stock traders, get ready for a better year. 2018 was downright grisly for Hong Kong and mainland China markets. But market watchers expect things will pick up. Deutsche Bank, for example, predicts a 10 per cent rise in the Hong Kong market, while Morgan Stanley and Goldman Sachs forecast single-digit […]

Don?t worry about amount raised, get out first ? Chinese firms rush to list overseas, avoid 2019 headwinds

Don?t worry about amount raised, get out first ? Chinese firms rush to list overseas, avoid 2019 headwinds

Vivien Han?s company went public in New York this summer, grabbing headlines in the Chinese media, and was considered another rising star that had successfully tapped the fast-growing Chinese consumer market. Han and her colleagues, however, did not consider the initial public offering (IPO) a success. ?We had to cut […]

China to speed up creation of new board for technology start-ups at Shanghai Stock Exchange

China to speed up creation of new board for technology start-ups at Shanghai Stock Exchange

The China Securities Regulatory Commission, the country?s top markets regulator, said in a statement late on Monday it would push for the rapid establishment of an equity board for start-ups, a project unveiled by Chinese President Xi Jinping to help technology companies raise capital. The CSRC said one of its […]

China stock market meddling will be reduced after bad year, vows Beijing

China stock market meddling will be reduced after bad year, vows Beijing

China?s heavy handed intervention in stock trading will cease and investment funds will be encouraged to buy into its equity market, as Beijing hopes to boost a stock market that has been among the world?s worst performers this year. The Financial Stability and Development Commission, part of the People?s Bank […]

Can China walk out of economic difficulties by relying on its old playbook of debt?

Can China walk out of economic difficulties by relying on its old playbook of debt?

China is banking on a new wave of debt-fuelled infrastructure spending to arrest a deepening economic slowdown, but the surge in local government debt may complicate Beijing?s long-term efforts of reining in financial risks in its economy. In an unusual move last week, China?s National People?s Congress Standing Committee authorised […]

Chinese developer Kaisa?s Xian  fallout highlights shanty town redevelopment risks

Chinese developer Kaisa?s Xian fallout highlights shanty town redevelopment risks

Shares of mainland Chinese developer Kaisa Group Holdings tumbled another 4.3 per cent on Thursday after a 7.2 per cent drop a day earlier as it faces losing its investment in an urban redevelopment project in northern Xian city, highlighting the inherent risks in such deals. The Shenzhen-based developer has […]

China makes ?US$102 billion? move to aid slowing economy, but will it be effective?

China makes ?US$102 billion? move to aid slowing economy, but will it be effective?

The effectiveness of a move by China?s central bank to inject up to an expected 700 billion yuan into the world?s second largest but worryingly slowing economy is difficult to calculate given the lack of transparency in the monetary policy, warned a chief economist. The People?s Bank of China (PBOC) […]

China, US set to join groundbreaking talks at WTO aimed at limiting government snooping on private data

China, US set to join groundbreaking talks at WTO aimed at limiting government snooping on private data

China and the United States are to take part in groundbreaking talks on restricting government surveillance of private companies? e-commerce data. A proposal to this effect will be introduced by Australia, Japan and Singapore this month, according to the Nikkei Asia Review. The proposed ruling, which has been in the […]

China?s loss-making Luckin Coffee start-up doubles down on subsidies to win customers from Starbucks

China?s loss-making Luckin Coffee start-up doubles down on subsidies to win customers from Starbucks

Luckin Coffee, the loss-making challenger to Starbucks, is doubling down on its store expansion and consumer subsidies this year, with plans to open about 2,500 new outlets in the world?s most populous nation. That would bring the Xiamen-based start-up?s total number of stores in the country to more than 4,500, […]