Tag: China
Chinese president halts Ant Group’s IPO
President Xi Jinping has personally pushed to stop the initial public offering of shares (IPO) by Chinese fintech group Ant Group. Historically, the largest...
Major Asian stock markets, with the exception of Shanghai, are strengthening
Hong Kong, Seoul, and Tokyo started not only the business week but also the new month with growth. Indices on major Asian stock exchanges have...
At the turn of the year, there is a risk of...
A tonne of nickel traded on the London Commodity Exchange on Tuesday for more than $ 16,000. This is the highest level in the course...
China’s economy strengthens by two percent this year, divines central bank...
The gross domestic product of the world's most populous country is expected to increase by two percent for the whole of this year. Such...
Hong Kong stocks strengthened. The speech of the Chinese president helped...
Shares in Hong Kong found solid ground and Wednesday's trading ended stronger. They took a toll on the growth of technology stocks after Chinese President...
China’s carbon neutrality will require huge investment
China will have to invest up to $5 trillion in projects that will ensure carbon neutrality by 2060 for the world's most populous country....
Hong Kong citizens transfer their property to stablecoins
The national security law allows Chinese government to confiscate property of inhabitants and organizations suspected of breaking the new security law. Data show that...
US-China tensions are on the rise. Yet, China owns billion dollar
China represents the second largest holder of US public debt. The value is $1,08 trillion, which is $240 billion less than 6 years ago....
The Chinese are interested in Russian oil
The recovering demand connected to OPEC+ output cuts is slowly leading to price growth. Not only Chinese refineries, but also other Asian countries, had...
China suggests implementing stablecoin in four Asian countries
A proposal for a regional digital union using stablecoin (a virtual currency backed by standard currency) was introduced by Chinese representatives last week. The...
