BIZ

Chinese A shares a 'haven' for overseas investors


China's stock market could attract as much as 600 billion yuan ($88.6 billion) in 2019, as investors eye opportunities in sectors ranging from high-technology companies to the real economy, after China vowed to further open up the financial sector and global indexes included Chinese stocks.


Falling value of Bitcoin hits related companies in China

The glory days of Bitcoin-related business, including mining machines of the coin, may be over in the past year as the falling value of the cryptocurrency is hitting demand for related products.
Source: Global Times | 2019/2/19 22:23:40

China to help domestic soybean, corn growers, raise farm imports

China will take measures to help domestic soybean and corn farmers, while also seeking to expand imports of certain agricultural products that are considered in shortage through diversified channels, according to a central government guideline released on Tuesday.
Source: Global Times | 2019/2/19 22:18:40

China's Greater Bay Area blueprint to tap financial potential

Innovation and ingenuity will be needed to bring financial-sector cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area to a whole new level, analysts said on Tuesday.
Source: Global Times | 2019/2/19 21:13:40

Foreign investors can now offer elderly care services in China as policymakers strive to tackle aging problem

China made big progress in opening the country's elderly care market to overseas investors on Tuesday, allowing foreign capital to invest in the sector while enjoying equivalent access to preferential policies, as the country scrambles to tackle its aging problem.
Source: Global Times | 2019/2/19 20:53:40

New investment hot spots prop up Shanghai's January FDI surge

New popular destinations for foreign direct investment (FDI) emerged in Shanghai in January, as the more than 5-year-old pilot free trade zone has grown to a pioneer in China's deepening economic structural reform and opening-up.
Source: Global Times | 2019/2/19 20:51:09

Popular video-sharing platform TikTok introduces first in-app mini game feature

A small game called yinyueqiuqiu (music bound ball) was released by Chinese TikTok, also called Douyin, on Monday, the first in-app mini game released by the popular video-sharing platform. The design of the game is similar to that of WeChat's mini games, which are light casual games that allow users to play directly in the app.
Source: Global Times | 2019/2/19 20:43:40

Lantern Festival lights up sales of glutinous rice dumplings in China

The sales of glutinous rice dumplings soared before the Lantern Festival, which fell on Tuesday, according to a report released by JD.com on Monday. The report also showed that sales of glutinous rice dumplings, known as yuanxiao in northern China, increased 520 percent from February 1 to Sunday compared with the same period in January. The sweets, called tangyuan in southern China, saw an increase of 240 percent in sales.
Source: Global Times | 2019/2/19 20:38:40

Chinese A shares a 'haven' for overseas investors

China's stock market could attract as much as 600 billion yuan ($88.6 billion) in 2019, as investors eye opportunities in sectors ranging from high-technology companies to the real economy, after China vowed to further open up the financial sector and global indexes included Chinese stocks.
Source: Global Times | 2019/2/19 20:28:40

China's outbound M&A in 2018 drops for third straight year: report

The Chinese mainland's outbound merger and acquisition (M&A) activity fell for the third straight year in 2018, dropping to less than half of the peak level recorded in 2016, according to a report released by consulting firm PwC on Tuesday.
Source: Global Times | 2019/2/19 19:23:40

Dwindling investment and weak demand plague sharing industry start-ups

The retreat of the sharing economy in China's first-tier cities over the past few years is obvious to anyone who has been paying attention.
Source: Global Times | 2019/2/19 18:30:18

A-shares up Tuesday morning after release of government plan for Guangdong-Hong Kong-Macao Greater Bay Area

Chinese mainland shares continued their rising trend on Tuesday as a government plan for the Guangdong-Hong Kong-Macao Greater Bay Area drove up stocks.
Source: Global Times | 2019/2/19 13:21:17

China to draw massive foreign capital

China's financial market could attract as much as $200 billion in 2019, as foreign investors eye opportunities in Chinese stocks from high-tech to the real economy, after China vowed to further open up the financial sector and global indexes included Chinese stocks.
Source: Global Times | 2019/2/19 10:48:39

China to strengthen Belt and Road cooperation in developing Greater Bay Area

Cooperation will intensify in the framework of the Belt and Road Initiative as China presses ahead with developing the Guangdong-Hong Kong-Macao Greater Bay Area.
Source: Xinhua | 2019/2/19 9:24:53