Caixin
Dec 15, 2022 10:12 AM
CX DAILY

CX Daily: Chinese Mainlanders Rush to Macao for mRNA Vaccinations

Covid-19 /

Chinese mainlanders rush to Macao for mRNA vaccinations

Chinese mainland residents are rushing to Macao to get BioNTech’s messenger RNA-based Covid-19 vaccines as infections surge amid the government’s easing of pandemic controls.

Mainland tourist Ni Lin (an alias) went to the hospital of Macao University of Science and Technology Saturday, the last day of his visit to Macao, to receive the mRNA vaccine, also known as Comirnaty. He said more than 100 mainland tourists got the shot the same day, and many of them flew to Macao just for that purpose.

MRNA vaccines, led by products developed by Pfizer-BioNTech and Moderna, are not approved in the Chinese mainland, even though they are widely used around the world.

China launches second round of Covid boosters for high-risk groups

China stops reporting asymptomatic Covid cases

Guangzhou closes most of its makeshift Covid hospitals

FINANCE & ECONOMY

Crypto /

Hong Kong readies crypto futures ETFs for retail investors

CSOP Asset Management Ltd. is set to list Hong Kong’s first exchange-traded funds (ETFs) tracking cryptocurrency futures.

Two funds set to be launched on the local bourse will make them the first Bitcoin and Ether futures-linked ETFs listed in the Asian financial hub, according to a press release by the Hong Kong-based asset manager. The CSOP Bitcoin Futures ETF and the CSOP Ether Futures ETF will begin trading Friday.

China-India /

China calls India border situation ‘generally stable’

The situation on the China-India border is “generally stable” and the two sides are in communication, China’s Foreign Ministry said Tuesday following a clash along the disputed Himalayan frontier.

China and India have “maintained smooth communication on boundary-related issues through diplomatic and military channels,” said Wang Wenbin, a spokesperson of the ministry, at a regular briefing.

Quick hits /

ADB cuts developing Asia's 2023 growth forecast again

Private equity firm PAG raises $2.6 billion for region’s largest private credit fund

BUSINESS & TECH

Attendees mill about at the Guangzhou International Automobile Exhibition in November 2019. Photo: VCG

Autos /

Delayed Guangzhou Auto Show to go on, despite exhibitor pullouts

The Guangzhou Auto Show, one of China’s three largest auto shows, has been rescheduled for late December despite some exhibitors deciding to showcase new models elsewhere and lingering questions about what size audience it can attract amid ongoing Covid-19 outbreaks.

The Guangzhou International Automobile Exhibition, also known as Auto Guangzhou, is now set to go ahead from Dec. 30 to Jan. 8, its organizer said Tuesday, following five weeks of delays caused by the city government’s tightened requirements to curb a flare-up in Covid-19 cases. The event had originally been scheduled to take place from Nov. 18 to Nov. 27.

Property /

Longfor gets $101 million of offshore loans from Bank of China

Longfor Group Holdings Ltd. became the first Chinese property developer to receive offshore loans from a state-owned bank as part of the government’s array of efforts to bolster the long-troubled real estate sector.

Bank of China, one of China’s four largest state-owned banks, offered 700 million yuan ($100.8 million) of offshore loans to Longfor. The funds were drawn down Dec. 9 to meet the developer’s liquidity needs, the lender said.

Quick hits /

Buffett’s sales of BYD shares top 25% of former Berkshire holding

China air travel demand surges as ‘zero-Covid’ winds down

Long Read /

Meet the entrepreneurs aiming to fix society’s problems

GALLERY

Farewell to beloved journalist Zhang Jin

 

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