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Month: August 2020

Posted on 14/08/2020

China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire

China's central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day ... ( read original story ...)

Posted on 14/08/2020

Largest Chinese IPO of 2020 KE Holdings bags biggest billion-dollar pop since 2000

China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion in the largest US IPO from a Chinese issuer since 2018 and posted the best first-day pop for a ... ( read original story ...)

Posted on 14/08/2020

Strong Drivers For Growth For Tesla Auto Business On 3 Continents

Strong demand for Tesla vehicles in the USA, in Europe, and in Asia. Any constraints on sales earlier in 2020 were caused by supply problems and not by any lack of demand. ( read original story ...)

Posted on 14/08/2020

Across China: Restaurant business serves food for thought — waste not, want not

More restaurants across China are taking measures to stop food wastage and raise public awareness of food security, especially amid the impact of COVID-19. Smaller portions, half-portion dishes and ... ( read original story ...)

Posted on 14/08/2020

TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai, sources say

Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters. ( read original story ...)

Posted on 14/08/2020

Technology Empowers Ping An’s Health Care Amid Coronavirus

Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318), spoke at the 2020 MIT Platform Strategy Summit on how technology has advanced health care services amid the COVID-19 ... ( read original story ...)

Posted on 13/08/2020

Chinese firms flood into U.S. IPOs despite delisting threat

Beike follows Xpeng, an electronic-vehicle maker, which has filed for an IPO. Lufax, an online wealth ... Yingzhi Yang in Beijing and Shanghai Newsroom; Editing by William Mallard Our Standards ... ( read original story ...)

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