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The People's Bank of China (PBOC) announced that on May 11, the International Monetary Fund (IMF) Executive Board comple...
16/05/2022

The People's Bank of China (PBOC) announced that on May 11, the International Monetary Fund (IMF) Executive Board completed its five-yearly review of the Special Drawing Right (SDR) fixing, the first review since the RMB became an SDR basket currency in 2016.

Market sources said that Sunac China 0.000intends to actively resolve its debt problems through overseas debt rollover a...
13/05/2022

Market sources said that Sunac China 0.000intends to actively resolve its debt problems through overseas debt rollover and communicate with potential war investors with higher credit ratings, including state-owned enterprises and central enterprises, both at the project and group levels, with the expectation that the introduction of war investors will accelerate the improvement of the company's overall credit position, quickly restore its financing ability and re-enter a healthy development track. We expect to accelerate the improvement of the company's overall credit standing through the introduction of a venture capitalist, so as to quickly restore its financing capacity and get back on track.

Translated with www.DeepL.com/Translator (free version)

According to the data released by China Association of Automobile, the installed volume of power batteries in April was ...
11/05/2022

According to the data released by China Association of Automobile, the installed volume of power batteries in April was 13.3GWh, up 58.1% yoy and down 38% month-on-month.Among them, 4.4GWh of ternary batteries were installed, accounting for 32.9% of the total installed capacity, down 15.6% yoy and 46.9% m/m; 8.9GWh of lithium iron phosphate batteries were installed, accounting for 67.0% of the total installed capacity, up 177.2% yoy and down 32.6% m/m.Translated with www.DeepL.com/Translator (free version)

JP Morgan said it reiterated its "Hold" rating and target price of $35.4 on BOC Hong Kong and maintained its "Hold" rati...
10/05/2022

JP Morgan said it reiterated its "Hold" rating and target price of $35.4 on BOC Hong Kong and maintained its "Hold" rating and target price of $71 on HSBC. The bank reiterated its "Hold" rating and target price of $70 on Standard Chartered.

Shares of fintech stock Block (SQ 0.67%) fell 26.6% last month due to the sell-off in growth stocks and cryptocurrencies...
09/05/2022

Shares of fintech stock Block (SQ 0.67%) fell 26.6% last month due to the sell-off in growth stocks and cryptocurrencies. There wasn't any major negative news about Block's operations, but the stock suffered along with other correlated asset classes as investors pull capital out of risk assets.

Global mobile payments leader Block (ASX: SQ2) saw its overall revenue fall 22 percent to $3.96 billion in the March qua...
07/05/2022

Global mobile payments leader Block (ASX: SQ2) saw its overall revenue fall 22 percent to $3.96 billion in the March quarter. However, this was largely dragged down by the weak performance of the company's bitcoin business. Excluding its bitcoin business, Block's net revenue totaled $2.23 billion in the March quarter, up 44 percent year-over-year.

ReNew Power said Thursday it has signed five power purchase agreements for the supply of about 1,500 megawatts of electr...
06/05/2022

ReNew Power said Thursday it has signed five power purchase agreements for the supply of about 1,500 megawatts of electricity generated by solar power plants. The company has signed power purchase agreements with Solar Power Corporation of India and Punjab State Power Corporation (and several long-term purchase agreements with corporate buyers totaling about 2 gigawatts, a company statement said.

CNOOC announced earlier that it will increase the special dividend for the 20th anniversary of its listing and expects t...
29/04/2022

CNOOC announced earlier that it will increase the special dividend for the 20th anniversary of its listing and expects the dividend payout ratio for 2022 to 2024 to be no less than 40% and the annual dividend will not be lower than $0.7 per share. (ha/da) (Hong Kong stock quotes are delayed by at least fifteen minutes.

Payment services company EML Payments (ASX: EML) cut its FY22 EBITDA guidance by about 8% to A$52-55 million from A$58- ...
29/04/2022

Payment services company EML Payments (ASX: EML) cut its FY22 EBITDA guidance by about 8% to A$52-55 million from A$58- to A$65 million. The company noted that its Australian and North American operations performed in line with expectations, but operational issues in its European operations led to the lower guidance.

28/04/2022

HKEx +4.800 Short selling $137M; Ratio 11.111% This morning the stock price is stable, the company announced yesterday at noon the first quarter of this year, recorded a net profit of 2.668 billion yuan fell 31% year-on-year, in line with our earlier comprehensive 6 brokerage forecast between 2.566 billion to 2.955 billion yuan, revenue of 4.69 billion yuan, compared with the same period last year recorded a record high of 21%. revenue of $4.69 billion, down 21% from the record high recorded in the same period last year.

Twitter shares rose nearly 5.7 percent overnight to $51.70 after Musk successfully acquired the company for $44 billion ...
26/04/2022

Twitter shares rose nearly 5.7 percent overnight to $51.70 after Musk successfully acquired the company for $44 billion in cash, closing up nearly 40 percent from the previous day's closing price when Musk disclosed that he already owned more than 9 percent of Twitter.

Singapore's core inflation rose 2.9% in March, a 10-year high and higher than market expectations of 2.5%, but in line w...
25/04/2022

Singapore's core inflation rose 2.9% in March, a 10-year high and higher than market expectations of 2.5%, but in line with the Monetary Authority of Singapore's expectations.
The Monetary Authority said it expects core inflation to rise further in the coming months before falling back by the end of the year as external inflationary pressures intensify amid a sharp rise in global commodity prices, Russia's invasion of Ukraine and renewed supply chain disruptions due to the epidemic.

Translated with www.DeepL.com/Translator (free version)

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