White House trade adviser Peter Navarro said on Monday the trade deal with China “continues in place’, walking back on his earlier remarks that the pact was ‘over’, stoking volatility in markets already frazzled by the coronavirus pandemic.
GDS Holdings Ltd., a Chinese data center company traded on the Nasdaq, is considering selling shares in Hong Kong as early as this year, following in the steps of U.S.-listed Chinese firms like NetEase Inc. and JD.com Inc., according to people with knowledge of the matter.
Macau’s tourism boss hinted in comments aired on Wednesday that circa 20,000 visitors came to the city in May. That would still be nearly double the 11,041 that arrived in April.
China's auto sales are expected to fall between 10% and 20% this year, from over 25 million units sold in 2019, an industry body said, signalling improved expectations as the world's biggest auto market starts to recover from the coronavirus pandemic.
The National People's Congress Standing Committee (NPCSC) will review the draft Hong Kong national security legislation during its meeting in Beijing over the next few days, Xinhua News Agency said on Thursday.
U.S. Secretary of State Mike Pompeo met China’s top diplomat, Yang Jiechi, in Hawaii on Wednesday amid a deep deterioration of ties between the strategic rivals, their first face-to-face meeting since last year.
Overnight HIBOR last posted at 0.10155%, according to HKAB. Meanwhile, the 1-Month HIBOR related to mortgage rate last stood at 0.43506%, down for 15 days, marking a 1-month low.
The latest Thomson Reuters/INSEAD survey revealed that the business morale among the Asian firms dipped to the lowest level in eleven years in the second quarter of 2020, as coronavirus pandemic continues to remain the biggest risk.
China and India have accused each other of provoking fighting in which at least 20 Indian soldiers were killed in a disputed Himalayan area.
The World Health Organization on Monday expressed concern over the new cluster of COVID-19 cases in Beijing after the Chinese capital experienced 50 days without any significant local transmission.