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Month: September 2021

Posted on 24/09/2021

China blue chip shares rise on consumer boost; property sector slips

Chinese blue-chip shares rose on Friday, led by consumer staples firms, while property indexes in mainland markets and Hong Kong slipped amid persistent investor concerns over a possible default by ... ( read original story ...)

Posted on 24/09/2021

China Mid-Tier Banks More Exposed to Property Sector Risks

Ratings-Hong Kong/Shanghai-24 September 2021: Fitch Ratings believes that changes in perceived levels of risk appetite relative to capitalisation will remain an important factor in our assessments of ... ( read original story ...)

Posted on 24/09/2021

CX Daily: How A Liaoning Bank Got Sucked Into The Evergrande Vortex

How a Liaoning bank got sucked into the Evergrande vortex. With China Evergrande Group’s colossal debt under a global spotlight, the real estate conglomer ... ( read original story ...)

Posted on 24/09/2021

Shanghai Man: RMB stablecoin in Shanghai, Evergrande FUD, and FTX gains ground

Conflux’s blockchain will host an RMB-denominated stablecoin, western pundits guess wildly about Evergrande’s impact, and Cobo Custody raises $40m for institutional DeF. ( read original story ...)

Posted on 24/09/2021

Shanghai Dragons and LIP apologize for ‘inappropriate language’ heard on broadcast

The Shanghai Dragons issued an apology today on behalf of DPS player Lee “LIP” Jae-won after the player used “inappropriate language” during a Sept. 22 Overwatch League playoff broadcast. LIP himself ... ( read original story ...)

Posted on 24/09/2021

SMM Evening Comments (Sep 23): Shanghai Nonferrous Metals Closed mostly in the Positive Territory after Fed Decision

Shanghai nonferrous metals closed mostly in the positive territory as the tapering in the US is expected to begin as early as November, but the interest rate will stay unchanged, according to Powell. ( read original story ...)

Posted on 24/09/2021

Exclusive-Bank of England’s Woods cautiously optimistic Evergrande “won’t go badly wrong”

The logo of China Evergrande Group seen on the Evergrande Center in Shanghai, China September 22, 2021. REUTERS/Aly Song REFILE - QUALITY REPEAT ... ( read original story ...)

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