$BABA-W (09988.HK)$
In Aug, China's total retail sales were recorded at 3.6258 trillion yuan, up 5.4% y/y. beat est of +3.5%, prev +2.7%.
In Aug, China's total retail sales were recorded at 3.6258 trillion yuan, up 5.4% y/y. beat est of +3.5%, prev +2.7%.
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$BABA-W (09988.HK)$
PBoC cuts 1-Year MLF loans rate to 2.75% from 2.85%
Cuts 7-day reverse repo rate to 2% from 2.1%.
PBoC cuts 1-Year MLF loans rate to 2.75% from 2.85%
Cuts 7-day reverse repo rate to 2% from 2.1%.
$BABA-W (09988.HK)$
JUST IN:
CHINA JAN.-JUNE IMPORTS RISE 4.8% Y/Y, EXPORTS +13.2%, TRADE SURPLUS 2.48 TRILLION YUAN.
JUST IN:
CHINA JAN.-JUNE IMPORTS RISE 4.8% Y/Y, EXPORTS +13.2%, TRADE SURPLUS 2.48 TRILLION YUAN.
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$BABA-W (09988.HK)$
JUST IN #China June official #PMI
Manufacturing PMI 50.2 [Est.50.5 Prev.49.6]
Non-Manufacturing PMI 54.7 [Est.50.5 Prev.47.8]
Composite PM 54.1 [Prev.48.4]
JUST IN #China June official #PMI
Manufacturing PMI 50.2 [Est.50.5 Prev.49.6]
Non-Manufacturing PMI 54.7 [Est.50.5 Prev.47.8]
Composite PM 54.1 [Prev.48.4]
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$Alibaba (BABA.US)$ Chinese President Xi Jinping chaired a top-level meeting on Wednesday that approved a plan for the healthy development of China's large payment firms and fintech sector, state media reported.
The meeting outlined that China will step up the supervision of large payment firms to ward off systemic financial risks and will support platform companies in servicing the real economy, state news agency Xinhua said
https://ww...
The meeting outlined that China will step up the supervision of large payment firms to ward off systemic financial risks and will support platform companies in servicing the real economy, state news agency Xinhua said
https://ww...
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$Alibaba (BABA.US)$ Chinese President Xi Jinping pledged to meet economic targets for the year even as the government’s zero tolerance approach to combating Covid outbreaks and a weak housing market put the growth goal further out of reach.
https://www.bloomberg.com/news/articles/2022-06-23/xi-vows-to-meet-growth-target-that-analysts-say-is-out-of-reach
https://www.bloomberg.com/news/articles/2022-06-23/xi-vows-to-meet-growth-target-that-analysts-say-is-out-of-reach
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$Alibaba (BABA.US)$ Worsen inflation showed that the rate hikes hasn't been effective. What else can the US do to fight inflation?
side note : you decide whether to bet on or against China.
side note : you decide whether to bet on or against China.
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$Alibaba (BABA.US)$
Chinese financial regulators have started early stage discussions on a potential revival of Ant Group’s IPO, sources say, one of the clearest signs yet that authorities are dialing back a crackdown on the tech industry, Bloomberg News reports.
https://www.bloomberg.com/news/articles/2022-06-09/china-considers-reviving-jack-ma-s-ant-ipo-as-crackdown-eases-l46t3q46
Chinese financial regulators have started early stage discussions on a potential revival of Ant Group’s IPO, sources say, one of the clearest signs yet that authorities are dialing back a crackdown on the tech industry, Bloomberg News reports.
https://www.bloomberg.com/news/articles/2022-06-09/china-considers-reviving-jack-ma-s-ant-ipo-as-crackdown-eases-l46t3q46
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