China and Hong Kong stocks weakened on Wednesday as rising Sino-U.S. tensions and renewed street protests in Hong Kong curbed risk appetite. ** China’s blue-chip CSI300 index fell 0.3%, to 3,861.68 ……
China cbank injects $16.8 bln via reverse repos, keeps rate unchanged
China’s central bank made a fresh cash injection into the interbank money market through reverse repos for a second straight day on Wednesday, while it continued to keep the borrowing cost unchanged….
China Shares Likely To See Additional Support
The China stock market has climbed higher in consecutive trading days, advancing more than 30 points or 1 percent along the way. The Shanghai Composite Index now rests just above the 2,845-point ……
China Reports One New Mainland COVID-19 Cases vs Seven a Day Earlier
China reported 1 new confirmed coronavirus case in the mainland as of end-May 26, up from 7 a day earlier, the National Health Commission reported….
China’s “hermit” investors fill doubled oil storage with crude bet
Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures exchange just as fast as the exchange can find them. Despite a more ……
Europe, Take Note: China’s Lessons in Authoritarianism
Returning to Elliott Wave International’s focus on China and the current Hong Kong crisis, there is an effective correspondence between the bear market and the more aggressive or authoritarian moves ……
China’s Dada Nexus to kick off $500 mln U.S. IPO this week -sources
Chinese delivery firm Dada Nexus Ltd will launch the investor roadshow for its U.S. initial public offering as early as Wednesday, according to people familiar with the matter, braving U.S.-China ……
‘A Gradual Process’: As Global Firms Reopen in China, the Effects of the Pandemic Remain
But the long shadow of the pandemic continues to loom over the country. Many global firms’ China offices have managed to resume office operations as large business centers such as Beijing and Shanghai ……
Electric-Car Sales Shrink in China but Remain a Government Priority
China’s political leaders have championed electric vehicles in hope of turning the country into a world power in next-generation transport, but domestic demand for EVs isn’t living up to expectations….
All eyes on Tesla’s recovery in China — rumors of massive backlog
Tesla, like many other automakers, is struggling to get operations to something resembling normal within the next month in order to save its second quarter financially. For the California-based ……
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Recent Updates
- Xi Jinping Calls for International Cooperation in AI Development at Shanghai Conference
- Chinese Chipmaker CXMT’s $8.6 Billion IPO Draws Strong Retail Demand Amid Investor Caution
- Primavera Capital Chairman Fred Hu Warns of China’s Financial Vulnerability in U.S. Rivalry
- China Unveils New Global AI Organisation As 29 Nations Sign Shanghai Agreement
- Xi pitches China as leader of new global AI order, challenging US dominance
- China just put its first commercial brain implant into a patient. It’s smaller than Neuralink’s, on purpose.
- China’s Xi calls for tighter AI controls, broader access to technology
- China’s Kimi K3 Shocks AI World, Emerging as Major Player
- China’s Bold Move: State-Backed Projects Drive Growth Amid Economic Challenges
- Xpeng’s Ambitious Move in the Global AI Race: Iron Robot to Challenge Tesla in 2027
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