Stocks across China dropped after the central bank tightened financial conditions and an official raised concerns that loose liquidity could inflate an asset bubble. The People’s Bank of China early ... ( read original story ...)
Shanghai’s GDP Rose 1.7% to USD597 Billion in 2020, Mayor Says
Shanghai’s gross domestic product reached CNY3.87 trillion (USD597 billion) last year in a 1.7 percent annual rise, with per capita GDP passing USD23,000, according to the eastern Chinese megacity’s ... ( read original story ...)
Asia Corrects Overnight, Kuaishou IPO On The Horizon
Asian equities were off in a good ol’ fashioned pullback/correction, which is not the end of the world. Concerns on US stimulus, warning of an asset bubble, and an unexpected liquidity drain by the ... ( read original story ...)
STMicroelectronics joins Zeta Alliance for access to its LPWAN
STMicroelectronics has joined the Zeta Alliance, which promotes the Zeta low-power wide area network (LPWAN). Zeta is a competitor to LoRa, Sigfox and NB-I ... ( read original story ...)
Ant Group’s IPO could be revived after ‘problem solved’, hints China’s central bank governor
PBOC governor Yi Gang said there need to be more international cooperation on regulating fintech, particularly regarding the ownership of consumer data. ( read original story ...)
China tells big cities to cool overheating property market
China's deputy housing minister has urged authorities in major cities to take steps to curb property market speculation following a recent surge in residential real estate prices, state media Xinhua ... ( read original story ...)
Shanghai’s business environment improves as litigation capability grows
Photo/Xinhua] A total of 224,000 first-instance commercial cases were finalized in 2020, a year-on-year increase of 7.6 percent, a result of the efforts by the Shanghai High People's Court to optimize ... ( read original story ...)