China's central bank on Wednesday stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as ... ( read original story ...)
HNA Group halts trading of its note in Shanghai as a hasty plea for time caused panicking investors to flee its debt issues
Trading of HNA’s 5.99 per cent 3 billion yuan (US$425 million) note was halted in Shanghai until 2:57pm, after its price plunged by as much as ... as the government tries to prevent its financial ... ( read original story ...)
Tesla’s China car registrations surge in March as Shanghai factory back up
Tesla’s China registrations rose to 12,709 units in March from 2,314 in February. Overall auto sales in China plunged 43.4% in March, as a coronavirus pandemic continued to depress demand, industry ... ( read original story ...)
China Stock Market Looking At Another Green Light
(RTTNews) - The China stock market on Tuesday halted the two-day slide in which it had retreated more than 40 points or 1.5 percent. The Shanghai Composite Index now rests just shy of the 2,830-point ... ( read original story ...)
China central bank will conduct medium-term lending facility operation on Wednesday: sources
China’s will conduct medium-term lending facility (MLF) operations on Wednesday, traders with direct knowledge of the matter said. There is no ... ( read original story ...)
BRIEF-GreenTech Environmental Issues Prospectus For Its Shanghai Star Market IPO
* SAYS IT ISSUES PROSPECTUS FOR ITS INITIAL SHARE PUBLIC OFFERING IN SHANGHAI STAR MARKET Source text in Chinese: https://bit.ly/2K2dwjY (Reporting by Hong Kong newsroom) ... ( read original story ...)
BRIEF-Beijing Wantai Biological Pharmacy Sets Pricing For Shanghai IPO
BEIJING WANTAI BIOLOGICAL PHARMACY ENTERPRISE CO LTD * SAYS IT AIMS TO RAISE UP TO 381.5 MILLION YUAN ($54.11 million) IN INITIAL SHANGHAI SHARE OFFERING Sour ... ( read original story ...)