More Chinese companies are turning to the Asian financial hub as the threat of U.S. delisting looms; Huawei reverses six-quarter sales slump; and the latest on the Henan banking scandal
Aug 15, 2022 07:59 PMHeatwaves and sparse rain have left China’s longest river parched, with water volumes along its longest sections in Jiujiang, Nanjing and Wuhan dropping to record lows in July. The river’s basin usually floods at some point in the summer, when its water levels peak in August
Aug 15, 2022 07:53 PMChina beat Japan 3-0 in the men’s final of the 2022 Asian Volleyball Confederation Cup to claim the crown for the second time in a decade. The Chinese team went into the final unbeaten throughout the tournament in Nakhon Pathom, Thailand, and maintained a clean sweep over their East Asian neighbor. The Chinese men’s team first became AVC champions in 2012
Aug 15, 2022 07:38 PMGreater government fiscal discipline involves complex redistributions of benefits, but in the end it will improve China’s national governance capability
Aug 15, 2022 06:49 PMKindergartens, primary and secondary schools will reopen in September. Students will have to produce a negative Covid test result every day to attend classes
Aug 15, 2022 03:48 PMThe new measure will cut the number of days when trading isn’t allowed by about half
Aug 15, 2022 03:45 PMThe PBOC lowered the rate on its one-year policy loans by 10 basis points to 2.75% and the seven-day reverse repo rate to 2% from 2.1%
Aug 15, 2022 03:42 PMShenzhen Component Index closed up 0.33%
Aug 15, 2022 03:03 PMMeasure will ease pressure on the industry, life insurers in particular, after the more stringent core-capital standards came into effect earlier this year
Aug 13, 2022 07:16 PMChina Life and PetroChina announced plans to de-list their U.S. shares amid an ongoing spat over audits and rising tensions between Beijing and Washington
Aug 13, 2022 06:48 PMDespite banks being flush with cash, weak economic growth and turmoil in the property market means they are reluctant to lend
Aug 13, 2022 06:37 PMWave of detentions and probes of executives call into question the future of the largest chip investment fund and the domestic industry
Aug 13, 2022 06:01 PMWith a clear succession line in place, the country’s fourth-generation leaders led by Lawrence Wong are poised to tackle widening inequality at home and contentious geopolitics marked by China-U.S. tensions in its backyard
Aug 13, 2022 10:00 AMRevenues for smartphone giant Huawei rise 1.4% in the second quarter on gains in other its business lines; Revenues still down 5.9% in the first half from year ago
Aug 13, 2022 04:37 AMSouth Korean EV industry frets over proposed U.S. tax credits aimed at boosting America’s EV production and limiting use of Chinese materials; South Korean trade officials warn U.S. plans may violate international trade rules
Aug 13, 2022 01:14 AMFive Things to Know About China’s Scandal-Struck Chip Industry ‘Big Fund’
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