Asian stocks started the new quarter in a muted fashion, as investors assessed mixed data on the global economy amid concern over the coronavirus spread and Sino-American tensions.Shares edged lower ... ( read original story ...)
Huazhu Group Limited Reports First Quarter of 2020 Financial Results
A total of 5,953 hotels or 575,488 hotel rooms in operation and 2,375 unopened hotels in pipeline as of March 31, 2020. Excluding Deutsche ... ( read original story ...)
China Market Update: Second Wave Stalls Markets
Index heavyweights were off with AIA -2.29%/-58 index points, HSBC -1.77%/-39 index points, and China Mobile -3%/-28 index points. ( read original story ...)
China’s central bank says economy faces risks from global pandemic, efforts against domestic resurgence
China's central bank said on Sunday that the country's economic growth faces challenges from the global coronavirus pandemic, despite signs of improvement amid business re-openings. ( read original story ...)
China plans to grant investment banking licenses to lenders – Caixin
China's securities regulator plans to grant investment banking licenses to commercial lenders as part of efforts to breed industry behemoths in the face of fiercer foreign competition, business ... ( read original story ...)
Shanghai, Santa Clara software IPO soars after it tops targets, raises $350M
The Chinese #software company, whose U.S. headquarters is in Santa Clara, raised $350 million Friday in an #IPO that topped its price targets. It is the first Wall Street debut of the year by a Bay ... ( read original story ...)
China pledges continued economic support but warns of liquidity hangover
China will maintain ample financial system liquidity in the second half of the year as the economy recovers from the coronavirus but will need to consider withdrawing that support at some point, its ... ( read original story ...)