Shares rise more than 7 percent in Hong Kong and 2.5 percent in Shanghai after report decrying ‘overly strict measures’. ( read original story ...)
Zero-Covid: China ‘reopening bets’ lit up stocks amid buying frenzy in Hong Kong, Shanghai in preview to end of policy
Stocks in Shanghai and Hong Kong are logging their best weeks since at least March 2020 amid rumours about Beijing's zero-Covid policy The latest talk was stoked by an unverified transcript citing ... ( read original story ...)
China’s central bank struggles to force tech groups to share user data with state
China’s central bank is struggling to get more than a dozen leading internet groups to comply with a December deadline to share users’ personal information with state-backed credit-scoring companies. ( read original story ...)
Tesla Sees a China Slowdown, but This Nasdaq Stock Is Faring Much Worse
Stock markets opened lower as investors kept assessing the impact of the Federal Reserve's latest interest rate increase. Tesla delivered fewer vehicles in China during October than it did in ... ( read original story ...)
China’s banking regulator calls for more risk controls, oversight in ‘complicated, severe’ financial situation
China’s banking regulator is calling for enhanced efforts to contain ... soon after Ant Group’s US$34.5 billion dual initial public offering slated for Hong Kong and Shanghai was foiled at the last ... ( read original story ...)
Speculators who bet against HK dollar will lose: city financial chief
Hong Kong Special Administrative Zone's Financial Secretary Paul Chan Mo-po delivered a message to the market on Thursday, saying that the city authorities are capable of keeping the Hong Kong dollar ... ( read original story ...)
CanSino Biologics Stock Skids After Saying Covid-19 Vaccine Won’t Boost Earnings
By Clarence Leong Shares of CanSino Biologics Inc. fell sharply in early Thursday trade, after the Chinese pharmaceutical company said its inhalable ... ( read original story ...)