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Tougher penalties will help safeguard investors' interests: experts

The latest revision to China's Securities Law, which aims to improve the conditions for securities issuance and tighten regulation of illegal trading, will help promote the reform of the country's registration-based IPO system and further drive the mature growth of the A-share market, experts said on Monday.
Source: Global Times | 2019/12/23 20:38:40

Greater Bay Area helps HK ad giant to defy downturn amid unrest

Metta Communications, the largest independent advertising agency in Hong Kong, has defied an overall downturn in the industry amid months of unrest and uncertainty in the city, benefiting from its expansion into a group of cities under a major regional initiative, a senior company executive said.
Source: Global Times | 2019/12/23 19:58:40

China to keep grain output above 650 bln kg in 2020

China's grain output is expected to remain above 650 billion kg next year with its total grain-planting area higher than 95 million hectares, a senior agricultural official said Sunday.
Source: Xinhua | 2019/12/23 9:43:31

Chinese govt to ensure pork supply during holidays amid shortage

China will look at every possible way to support the recovery of pig production to ensure meat supplies for the coming New Year and the Spring Festival, the Ministry of Agriculture and Rural Affairs of China said on Sunday.
Source: Global Times | 2019/12/22 22:43:39

Fin-tech sector requires tighter regulations

Tighter standards are urged to ensure data security and user privacy in the application of artificial intelligence (AI) technologies in the finance area, a former top official at China's stock market regulator said in a report on Sunday.
Source: Global Times | 2019/12/22 22:38:39

China's forex market remains balanced

China's cross-border capital flight pressure has been much alleviated this year, with the country expected to continue liberalizing its capital account while cracking down on illegal trading activities in 2020.
Source: Global Times | 2019/12/22 20:08:40

2020 will provide respite from China-US trade tensions: expert

China-US trade tensions will be less fierce in 2020, although disrupting factors like issues concerning Xinjiang Uyghur Autonomous Region and Taiwan island will remain amid the hubbub generated by the US presidential election next year, an expert said Saturday.
Source: Global times | 2019/12/21 22:01:37

China's smartphone shipments to rise in 2020

China's smartphone shipments will rise in 2020, buoyed by the increasing popularity of 5G phones, according to the global market intelligence firm International Data Corporation (IDC).
Source: Xinhua | 2019/12/21 18:05:52

China market news daily wrap-up

Although the Chinese stock market closed down on Friday, the market has seen a third straight weekly gain, which came after the progress in phase one trade deal between China and the US.
Source: Global Times | 2019/12/20 20:53:40

China's central bank issues 10-bln-yuan bills in Hong Kong

The People's Bank of China (PBOC), the central bank, said Friday it has issued 10 billion yuan (about 1.43 billion US dollars) of bills in Hong Kong.
Source: Xinhua | 2019/12/20 16:50:29

China market news daily wrap-up

The Chinese stock market closed mixed on Thursday showing relative optimism, which may come from the release of another list of selected US products that will be exempted from additional tariffs by China.
Source: Global Times | 2019/12/19 20:02:03

China to exempt additional tariffs on more US products

China to exempt additional tariffs on more US products
Source: Xinhua | 2019/12/19 14:11:55

China could and should retaliate if Germany bans Huawei

While Germany postpones its Huawei decision until 2020, Chancellor Angela Merkel firmly spoke out against exclusion of any single company from 5G roll-out, and said she has been unaware of political pressures from Beijing over the matter.
Source: Global Times | 2019/12/19 12:10:51

HKSAR-Australia free trade, investment agreement to enter force in January

A Free Trade Agreement (FTA) and an Investment Agreement between China's Hong Kong Special Administrative Region (HKSAR) and Australia, which is expected to enhance trade and investment flows between the two, will enter into force officially on January 17, the government of the HKSAR said on Wednesday.
Source: Global Times | 2019/12/19 11:28:40

Asia Pacific stocks unaffected by House's historic vote favoring impeachment of Trump

Asia Pacific stocks largely stay unmoved in the morning session on Thursday by the results of a historic vote that paves the way for Donald Trump to become the third US president in history to be impeached.
Source: Global Times | 2019/12/19 11:23:40

China market news daily wrap-up

Net northbound inflows into the mainland market through the two stock connect regimes linking the Hong Kong market and the two bourses in Shanghai and Shenzhen totaled 6.09 billion yuan ($870.5 million) on Wednesday.
Source: Global Times | 2019/12/18 20:13:40

China to roll out reform measures for "new third board"

Measures to reform China's National Equities Exchange and Quotations (NEEQ), or the "new third board," are expected to be implemented in the first half of 2020, officials said.
Source: Xinhua | 2019/12/18 14:47:07

Experts urge gradual approach to bourse

What's to be expected from a new yuan-denominated bourse to be set up in Macao, the first in the gaming-centric city and the third in the Guangdong-Hong Kong-Macao Greater Bay Area?
Source: Global Times | 2019/12/17 22:08:41