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Your daily headlines on China financial markets
1 Latest News
  • 2019/05/23 01:55:38
    2019/05/23 01:55:38
    Shen Zhen Finance Bureau provides around RMB 3.45 bln to automobile maker BYD as subsidies for new energy vehicles.
    2019/05/23 01:55:00
    CICC assigns Chinese cosmetics company Proya Cosmetics a “Recommended” rating with a target price of RMB 78.
    2019/05/23 01:54:46
    Tencent leads a USD 250 mln investment in Mafengwo, a Chinese social trip-planning site.
    2019/05/23 01:23:30
    China's PBoC to skip OMO today;no reverse repo will mature today.
    2019/05/23 01:23:18
    SGX FTSE China A50 index futures contract down 0.47%.
    2019/05/22 09:07:26
    2019/05/22 09:07:26
    Tencent establishes Tencent Education with 6 Business Groups and 20 products, which serves the digitization of education industry.
    2019/05/22 08:41:31
    British luxury fashion brand Mulberry launches online in China through JD’s TOPLIFE platform.
    2019/05/22 08:41:05
    Microsoft removes Huawei's laptops from its online store, and it may stop selling Windows to Huawei.
    2019/05/22 06:46:28
    Chinese e-commerce retailer plans to set up around 2,000 smart retail stores in the Yangtze River delta region in the next three years.
    2019/05/22 06:46:13
    Sensor Tower's data shows that Knives Out, a game from Chinese gaming giant NetEase, performed well in Japan. The game generated a revenue of USD 100 mln in Q1, earning five times as much as Tencent’s PUBG Mobile.
    2019/05/22 06:45:38
    According to tech consulting firm IDC, China’s AI market reached USD 1.76 bln in 2018, and is expected to amount to USD 11.9 bln by 2023.
    2019/05/22 06:45:16
    According to data tracker Strategy Analytics, if the ban for Huawei continues, the company’s global smartphone shipments are expected to fall by 24% this year.
    2019/05/22 06:45:02
    Air China has lodged a claim with Boeing for losses caused by the long grounding of Boeing 737 MAX jets and the failure to deliver orders on time.
    2019/05/22 03:33:19
    Ping An Insurance’s financial arm OneConnect is expected to go public on HKEx as early as this Sept., raising up to USD 1 bln.
    2019/05/22 03:32:57
    Trump Administration may blacklist Hikvision, a Chinese supplier of video surveillance products, according to the New York Times. Its shares opened down over 9% today, but the company responds that it’s businesses won’t be affected even if it is banned from buying chips from the U.S.
    2019/05/22 02:37:58
    China's PBoC will carry out a reverse repo of RMB 20 bln for 7 days.
    2019/05/22 02:37:34
    From January to April, 207 projects were signed for promoting industrial development with a total fund of around RMB 114 bln in Chongqing, southwest of China. Most projects cover sectors of electronics, automobiles and software.
    2019/05/22 02:34:22
    Customers who use Starbucks' membership program in Beijing and Shanghai now can order online and pick up in store through the newly launched service “Starbucks Now”.
    2019/05/22 02:33:47
    Huawei's consumer business CEO Richard Yu reveals that Huawei’s own OS may be launched as soon as this autumn, which will be compatible with all Android and Web apps.
    2019/05/22 02:33:28
    Huawei's envoy in EU Abraham Liu announces that “Huawei stands ready to sign no-spy agreements with governments and customers in all EU Member States.”
    2019/05/22 02:33:08
    SGX FTSE China A50 index futures contract down 0.1%.
    2019/05/21 09:28:52
    2019/05/21 09:28:52
    According to the Himalayan Times, Chinese digital wallets WeChat Pay and Alipay are banned in Nepal.
    2019/05/21 09:04:10
    China’s Kangmei Pharma’s medium-term notes due 2022 plummeted by 46.5% to RMB 11.11. The company’s financial result was accused of fraud by CSRC earlier.
    2019/05/21 05:49:12
    Nomura downgrades Xiaomi’s target price to HKD 12, but raises its rating to “Buy”.
    2019/05/21 05:48:44
    NetEase partners with Marvel to launch new projects. The mobile fighting game Marvel Contest of Champions will be brought to Chinese market by NetEase.
    2019/05/21 05:48:23
    Chinese cloud computing company Alibaba Cloud plans for LoRa(Long Range Radio) 2.0. It will further develop LoRa ecosystem that includes chips, IP modules, management platforms, and inclusive connections.
    2019/05/21 05:47:47
    TikTok’s operator ByteDance launches a social app Feiliao, aiming to compete with Tencent’s market dominated app WeChat.
    2019/05/21 05:47:28
    Xiaomi-backed online trading platform Tiger Brokers released its first financial report since it was listed on Nasdaq in March. In Q1, the company generated a revenue of USD 9.60 mln, up 20.1% YoY; the net loss was USD 2.9 mln.
    2019/05/21 05:47:09
    Chinese delivery services company SF Express released its report for April. The express logistics’ revenue was RMB 7.722 bln, up 11.35%; the supply chain services’ revenue was RMB 425 mln.
    2019/05/21 05:47:08
    Chinese delivery services company SF Express released its report for April. The express logistics’ revenue was RMB 7.722 bln, up 11.35%; the supply chain services’ revenue was RMB 425 mln.
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