Search

Prices closed at 51.23 yuan a metric ton at the end of trading Friday, with 4.1 million tons of trades conducted, according to the official WeChat account of the carbon market. Keywords: 386@HK; 836@HK; 857@HK; VRSK; ALTNRG; ASIA; BASIC; BUSINESS; CHINA; CHM; CLIMATE; CMD; COS; ELC; EUROPE; GOV; HK; INDUSTRIES; MARKETS; NRG; OIL; UTI; WORLD EN 386@HK 836@HK 857@HK VRSK ALTNRG ASIA BASIC BUSINESS CHINA CHM CLIMATE CMD COS ELC EUROPE GOV HK INDUSTRIES MARKETS NRG OIL UTI WORLD China's national carbon market opened with a flurry of trades that sent prices surging, yet it'll be years before the system helps the top polluting nation curb its emissions. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; US; WORLD; WWTOP EN ALLTOP ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM STK SVC US WORLD WWTOP RH85FRT1UM0W US shares from Chinese companies surged on Friday after regulators announced the deal to allow Public Company Accounting Oversight Board inspectors to access audit work papers and personnel. The watchdog's staff told reporters that the agreement allows for full and complete access to the audit work papers of companies in both mainland China and Hong Kong. [Extracted from the article]

US Audit Watchdog Says "Time Is of the Essence" in China Talks ALLTOP, ASIA, ASIATOP, BUSINESS, CHINA, COS, FIN, GOV, INDUSTRIES, MARKETS, NORTHAM, STK, SVC, TOP, US, WORLD, WWTOP, WWTOPAM Keywords: ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; COS; FIN; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; TOP; US; WORLD; WWTOP; WWTOPAM EN ALLTOP ASIA ASIATOP BUSINESS CHINA COS FIN GOV INDUSTRIES MARKETS NORTHAM STK SVC TOP US WORLD WWTOP WWTOPAM (Bloomberg) The head of the Washington regulator that's negotiating with Beijing to stave off the delisting of almost 200 Chinese companies from the American stock market is reiterating the US's tough stance. [Extracted from the article]

Keywords: 957032L; ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; GOVTOP; INDUSTRIES; LAW; MARKETS; NORTHAM; STK; SVC; TOP; US; WORLD; WWTOP EN 957032L ALLTOP ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV GOVTOP INDUSTRIES LAW MARKETS NORTHAM STK SVC TOP US WORLD WWTOP (Bloomberg) US and China officials must reach an agreement "very soon" over access to audit work papers for Chinese companies to avoid being kicked off American stock exchanges, Securities and Exchange Commission Chair Gary Gensler said Wednesday. Read more: US-China Talks on Delisting Stocks Hinge on Redacted Audits US lawmakers were originally considering legislation that would move up the audit compliance deadline to 2023, but ended up not including it in a bill to support US chipmakers that the Senate passed Wednesday. [Extracted from the article]

Keywords: ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; US; WORLD EN ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM STK SVC US WORLD RH82C8T0AFB8 As part of the deal, China will allow Public Company Accounting Oversight Board inspectors to access audit work papers and personnel, according to statements by US and Chinese regulators on Friday. Talks between Beijing and Washington gathered pace after state-owned companies including China Life Insurance Co., PetroChina Co. and China Petroleum & Chemical Corp. said on Aug. 12 that they planned to delist from US exchanges. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; STK; SVC; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ALLTOP ASIA BUSINESS CHINA COS FIN GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM STK SVC TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU RH81T2T0G1KY As part of the agreement, China will allow the Public Company Accounting Oversight Board to access audit work papers and personnel, according to statements by US and Chinese regulators on Friday. ALLTOP, ASIA, BUSINESS, CHINA, COS, FIN, GLOBALMACR, GOV, INDUSTRIES, MARKETS, NORTHAM, STK, SVC, TOP, US, WORLD, WWTOP, WWTOPAM, WWTOPAS, WWTOPEU. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; HK; INDUSTRIES; MARKETS; MKTTOP; STK; STKTOP; SVC; TOP; WORLD; WWTOP; WWTOPAS EN ALLTOP ASIA BUSINESS CHINA COS HK INDUSTRIES MARKETS MKTTOP STK STKTOP SVC TOP WORLD WWTOP WWTOPAS RH7QKTT1UM0Y Hong Kong's Hang Seng Tech Index climbed as much as 2.1% on Friday before paring gains to close 0.8% higher as it capped its biggest weekly gain in over a month. China regulators have instructed major accounting firms to prepare to bring audit work papers of US-listed Chinese companies to Hong Kong, where they can be reviewed by US officials, according to a person who asked not to be identified as the discussions are private. [Extracted from the article]

Keywords: 1107@HK; 119@HK; 1628@HK; 2202@HK; 2777@HK; 3333@HK; 3383@HK; 3883@HK; 688@HK; 813@HK; ALLTOP; ASIA; BON; BUSINESS; CHINA; COS; CST; FIN; FRX; GLOBALMACR; HK; INDUSTRIAL; INDUSTRIES; MARKETS; NORTHAM; REL; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS EN 1107@HK 119@HK 1628@HK 2202@HK 2777@HK 3333@HK 3383@HK 3883@HK 688@HK 813@HK ALLTOP ASIA BON BUSINESS CHINA COS CST FIN FRX GLOBALMACR HK INDUSTRIAL INDUSTRIES MARKETS NORTHAM REL TOP US WORLD WWTOP WWTOPAM WWTOPAS (Bloomberg) -- There's growing evidence that China is encouraging state-owned property developers to take market share from stressed rivals to limit the spread of contagion from the debt-stricken industry. Shares of real estate firms rebounded in afternoon trade, with Shimao Group Holdings Ltd. seeing a record one-day gain of 19%. [Extracted from the article]

Keywords: 000750@CH; 000783@CH; 3908@HK; ASIA; BON; BUSINESS; CHINA; COS; CST; FIN; GOV; INDUSTRIAL; INDUSTRIES; MARKETS; REL; WORLD EN 000750@CH 000783@CH 3908@HK ASIA BON BUSINESS CHINA COS CST FIN GOV INDUSTRIAL INDUSTRIES MARKETS REL WORLD (Bloomberg) -- Chinese banks are scaling back loans to each other in a sign that they are likely lending more to companies and households as they tend to do at the start of each year. That rate fell to near zero levels last month as banks vied to lend money to each other to meet government quotas, and rising rates may indicate that financial institutions are now making more actual loans instead. [Extracted from the article]

ALLTOP, ASIA, ASIATOP, BUSINESS, CHINA, CONS, CONSD, COS, CST, ECOTOP, INDUSTRIAL, INDUSTRIES, TOP, WORLD, WWTOP, WWTOPAS Keywords: ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; CONS; CONSD; COS; CST; ECOTOP; INDUSTRIAL; INDUSTRIES; TOP; WORLD; WWTOP; WWTOPAS EN ALLTOP ASIA ASIATOP BUSINESS CHINA CONS CONSD COS CST ECOTOP INDUSTRIAL INDUSTRIES TOP WORLD WWTOP WWTOPAS China is planning "extraordinary" new policies to help downstream industrial firms that have seen their profits hit by the high cost of raw materials, according to Shanghai Securities News. RDR2J6T0G1KW (Bloomberg) -- China is planning "extraordinary" new policies to help downstream industrial firms that have seen their profits hit by the high cost of raw materials, according to Shanghai Securities News. [Extracted from the article]

The current appetite by big investors for relatively expensive growth stocks over value belies a mistaken assumption about unicorns. [ABSTRACT FROM AUTHOR]

The US House of Representatives has passed a bill that would require TikTok's parent company, ByteDance, to sell the app or face a ban in the US due to concerns about national security risks and data security. The bill gives ByteDance six months to sell TikTok to a US or friendly country-based company. TikTok has been working with US-based tech company Oracle to address concerns about data protection. However, the bill still needs to pass in the Senate, and privacy experts argue that banning TikTok alone would not solve the larger issue of data privacy. The bill also raises concerns about censorship and the impact on other American tech companies. The Senate's slow legislative process may result in the bill not passing. [Extracted from the article]

"A widely available CBDC would serve as a close--or, in the case of an interest-bearing CBDC, near-perfect--substitute for commercial bank money", the Fed wrote. Digital currency proponents think a CBDC could also be faster and cheaper to transmit, particularly for international payments, which today go through multiple banks. On the other hand, the Fed said the option of holding a safe digital currency could drain money from banks and raise the cost of credit. [Extracted from the article]

Increasing Pressure European companies also are facing increasing pressure from government guidelines encouraging Chinese companies to adopt "autonomous and controllable" technologies and avoid relying on foreign suppliers, it said. Keywords: 000063@CH; 941@HK; ERICB@SS; ALLTOP; ASIA; BUSINESS; CHINA; COS; ECOTOP; FRX; GOV; HAR; INDUSTRIES; MARKETS; TEC; TOP; WORLD; WWTOP; WWTOPAS; WWTOPEU EN 000063@CH 941@HK ERICB@SS ALLTOP ASIA BUSINESS CHINA COS ECOTOP FRX GOV HAR INDUSTRIES MARKETS TEC TOP WORLD WWTOP WWTOPAS WWTOPEU European businesses in China urged the country to steer away from what they see as an "inward" turn of the economy to achieve self-sufficiency, which has impeded their operations and prospects. [Extracted from the article]

As of the end of March, ESG funds domiciled in Europe held about $130 billion in Chinese assets -- more than twice the size of China's own domestic ESG fund industry. Keywords: 002415@CH; 1088@HK; 300750@CH; 600309@CH; 600519@CH; 601012@CH; COP; CS@FP; SHEL@LN; ALLTOP; ALTNRG; ASIA; ASIATOP; BASIC; BON; BUSINESS; CHINA; CLIMATE; CMD; COS; FERROSTL; GENTOP; GOV; INDUSTRIES; MARKETS; METMNG; NRG; TOP; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 002415@CH 1088@HK 300750@CH 600309@CH 600519@CH 601012@CH COP CS@FP SHEL@LN ALLTOP ALTNRG ASIA ASIATOP BASIC BON BUSINESS CHINA CLIMATE CMD COS FERROSTL GENTOP GOV INDUSTRIES MARKETS METMNG NRG TOP WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU Assets in China's ESG funds have doubled since 2021, lifted by Beijing's growing emphasis on poverty alleviation, renewable power and energy security RHT3PRDWRGG2 (Bloomberg) -- In a 40-minute livestream in June, fund manager Hou Chunyan made her pitch directly to China's growing population of retail investors: ESG investing is uniquely compatible with Beijing's growing push for carbon neutrality and "common prosperity.". [Extracted from the article]

R2G7MFDWLU6O00000 DNMLENf-20211115221128.xml R2G7MFDWLU6O (Bloomberg) -- Chinese state-owned developers are about to test investor demand for yuan bonds with a flood of issuance. Authorities are likely to loosen curbs for the industry to sell yuan notes, enabling banks to provide "blood transfusions" by investing in the bonds, state media reported last week. Keywords: %CNH; %CNY; 001979@CH; 600048@CH; 600708@CH; 601990@CH; ALLTOP; ASIA; ASIATOP; BON; BUSINESS; CHINA; COLUMNS; COS; CST; FIN; INDUSTRIAL; INDUSTRIES; MARKETS; REL; WORLD; WWTOP; WWTOPAS EN %CNH %CNY 001979@CH 600048@CH 600708@CH 601990@CH ALLTOP ASIA ASIATOP BON BUSINESS CHINA COLUMNS COS CST FIN INDUSTRIAL INDUSTRIES MARKETS REL WORLD WWTOP WWTOPAS Chinese state-owned developers are about to test investor demand for yuan bonds with a flood of issuance. [Extracted from the article]

Keywords: 688223@CH; JASO; ALLTOP; ALTNRG; ASIA; ASIATOP; BASIC; BUSINESS; CHINA; CMD; CMDTOP; COS; ENVTOP; EXE; FERROSTL; GEN; GOV; INDUSTRIES; MARKETS; METMNG; NORTHAM; NRG; NRGTOP; OIL; US; UTI; WORLD; WWTOP; WWTOPAS; WWTOPEU EN 688223@CH JASO ALLTOP ALTNRG ASIA ASIATOP BASIC BUSINESS CHINA CMD CMDTOP COS ENVTOP EXE FERROSTL GEN GOV INDUSTRIES MARKETS METMNG NORTHAM NRG NRGTOP OIL US UTI WORLD WWTOP WWTOPAS WWTOPEU China's world-leading solar firms are investing in more powerful panels, as the industry seeks to recover from the supply-chain snarls that raised prices and delayed projects in 2021. R7A52XDWX2PS (Bloomberg) -- China's world-leading solar firms are investing in more powerful panels, as the industry seeks to recover from the supply-chain snarls that raised prices and delayed projects in 2021. [Extracted from the article]

Keywords: BHP@AU; ALLTOP; ASIA; BASIC; BUSINESS; CHINA; CMD; COS; EUROPE; FERROSTL; GOV; INDUSTRIAL; INDUSTRIES; MARKETS; METMNG; TRN; WORLD; WWTOP EN BHP@AU ALLTOP ASIA BASIC BUSINESS CHINA CMD COS EUROPE FERROSTL GOV INDUSTRIAL INDUSTRIES MARKETS METMNG TRN WORLD WWTOP (Bloomberg) -- Iron ore plummeted as Beijing ramped up a campaign to stop prices overheating even before the government rolls out demand-boosting stimulus measures this year. China's Fight With Iron Ore "Guerrillas" Triggers Price Rout Let's Talk On Tuesday, some iron ore trading firms were summoned to a meeting with a trio of powerful governments -- including the markets regulator, the economic planning agency, and the securities regulator -- to discuss "abnormal" prices. [Extracted from the article]

Keywords: ASIA; BUSINESS; CHINA; CONS; CONSS; CORONAVIR; COS; EUROPE; FIN; GOV; HK; INDUSTRIES; MED; REL; TMT; WORLD EN ASIA BUSINESS CHINA CONS CONSS CORONAVIR COS EUROPE FIN GOV HK INDUSTRIES MED REL TMT WORLD As the goal to stamp out coronavirus infection becomes harder to reach, with more transmissible variants and a world awash with the pathogen, mainland China and Hong Kong are pointing to a wide range of non-human routes as potential evaders of their strict control measures. Either via imported cases arriving at airports or sea ports, or simply by people crossing China's borders, the virus is going to get into China.". [Extracted from the article]

"The political, economic, and diplomatic conditions are there for China to move away from coal projects in BRI countries", said Li Shuo, an analyst at Greenpeace East Asia. Keywords: 601398@CH; ALLTOP; ASIA; ASIATOP; BASIC; BUSINESS; CHINA; CLIMATE; CMD; CMDTOP; COS; ECOTOP; EUROPE; GEN; GOV; INDUSTRIES; MARKETS; METMNG; NRG; NRGTOP; OIL; SKOREA; TOP; WORLD; WWTOP; WWTOPAS EN 601398@CH ALLTOP ASIA ASIATOP BASIC BUSINESS CHINA CLIMATE CMD CMDTOP COS ECOTOP EUROPE GEN GOV INDUSTRIES MARKETS METMNG NRG NRGTOP OIL SKOREA TOP WORLD WWTOP WWTOPAS China didn't finance any coal projects via its Belt and Road Initiative in the first half, the first time that's happened since the plan was launched in 2013, the International Institute of Green Finance said in a report. [Extracted from the article]

Keywords: CHSGCZ@CH; PWR; ASIA; BASIC; BUSINESS; CHINA; CMD; COS; ELC; GEN; GOV; INDUSTRIES; MARKETS; METMNG; NORTHAM; NRG; SVC; US; UTI; WORLD EN CHSGCZ@CH PWR ASIA BASIC BUSINESS CHINA CMD COS ELC GEN GOV INDUSTRIES MARKETS METMNG NORTHAM NRG SVC US UTI WORLD Key Chinese cities have warned that homes and factories face new power outages as historic demand and supply shortages strain energy grids. QWIUERT1UM0W (Bloomberg) -- Key Chinese cities have warned that homes and factories face new power outages as historic demand and supply shortages strain energy grids. [Extracted from the article]

QWBM6YT1UM10 (Bloomberg) -- China Evergrande Group shares soared after the country's most-indebted developer said it will consider a special dividend to shore up its stock that's trading near a four-year low. Keywords: 3333@HK; ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; HK; INDUSTRIES; REL; RELTOP; TOP; WORLD; WWTOP EN 3333@HK ALLTOP ASIA BUSINESS CHINA COS FIN HK INDUSTRIES REL RELTOP TOP WORLD WWTOP China Evergrande Group shares soared after the country's most-indebted developer said it will consider a special dividend to shore up its stock that's trading near a four-year low. [Extracted from the article]

Keywords: ASIA; BUSINESS; CHINA; COS; CST; DRG; GEN; GOV; HEA; INDUSTRIAL; INDUSTRIES; LAW; POL; SPORTS; TEC; WORLD EN ASIA BUSINESS CHINA COS CST DRG GEN GOV HEA INDUSTRIAL INDUSTRIES LAW POL SPORTS TEC WORLD The president says he has a "win-win" relationship with Beijing but his critics aren't so sure. Back in 2016, Philippine President Rodrigo Duterte traveled to Beijing and dramatically embraced China. [Extracted from the article]

Keywords: ASIA; BUSINESS; CHINA; COS; EXE; GEN; GOV; INDUSTRIAL; INDUSTRIES; NORTHAM; POL; TRN; US; WORLD EN ASIA BUSINESS CHINA COS EXE GEN GOV INDUSTRIAL INDUSTRIES NORTHAM POL TRN US WORLD QSGQ2GDWX2PT (Bloomberg) -- China has sent its Shandong aircraft carrier for military training in the South China Sea and plans to continue similar exercises, the state-owned Global Times said. Beijing's latest actions raise questions about the future of U.S.-China ties, which have remained tense months into the Biden administration. [Extracted from the article]