China's yuan extended its slide against the dollar on Wednesday, but the pace of declines slowed after major state-owned banks were spotted selling the greenback in the previous session to stabilise ... ( read original story ...)
China’s yuan extends slide, stock rebound peters out
SHANGHAI: China's yuan extended its decline on Tuesday (Oct 25) to a near 15-year low, following Monday's sell-off in Chinese assets by global investors worried about Beijing's policy direction, while ... ( read original story ...)
Treat Tesla like it’s a Chinese tech stock because of how much profit Elon Musk’s company is making there, Morgan Stanley says
Up to half of the Elon Musk-run EV maker's profitability comes from sales in China – so expect Tesla to behave like a Chinese tech stock, the bank said. ( read original story ...)
Asian Stock Markets Mixed, Muted as Earnings Season Unfolds
Asian stock exchanges were mixed and largely muted on Tuesday, as traders awaited fresh market catalysts or looked for bargains after recent trading floor routs. Hong Kong edged lower, Shanghai was ... ( read original story ...)
China’s Shanghai extends free COVID testing services to Nov 30
China's financial hub Shanghai will extend its free and regular COVID-19 testing services to Nov. 30 from Oct. 31, the city government said in a notice on its WeChat account on Tuesday. ( read original story ...)
Chinese PV Industry Brief: Canadian Solar suspends Shanghai IPO
The Chinese-Canadian module manufacturer announced its IPO plans in June 2021 ... to the mainland Chinese stock market, either in Shanghai or Shenzhen. It said that thus far, it has not submitted ... ( read original story ...)
China Stock Markets Down Following Xi Jinping’s Power Play
China's stock market dropped on Monday after Xi Jinping was confirmed as the country's leader for a third consecutive five-year term, breaking with the Communist Party's traditional two-term limit. As ... ( read original story ...)