string(13) "markets-macro"

Macro

January 29, 2024

Greener pastures

China’s drive to decarbonize its coal-heavy energy mix is gaining momentum. On Friday, the energy regulator (NEA) released national energy installation numbers for 2023. ICYMI: We had already seen signs of a bumper year, driven by plummeting prices for cleantech equipment, accelerating local decarbo… Username Password Remember Me Forgot Password

China's drive to decarbonize its coal-heavy energy mix is gaining momentum.
On Friday, the energy regulator (NEA) released national energy installation numbers for 2023.
ICYMI: We had already seen signs of a bumper year, driven by plummeting prices for cleantech equipment, accelerating local decarbo...

sources

Gov.cn: 国家能源局发布2023年全国电力工业统计数据

January 29, 2024

One less listed bank

One of China’s most troubled banks is going private. On Friday, Bank of Jinzhou said its major shareholders will take the course of action rather than risk involuntary delisting from the Hong Kong stock exchange. Some context: The Liaoning-based bank is dual-listed in Hong Kong and Shanghai. The ba…

One of China’s most troubled banks is going private.
On Friday, Bank of Jinzhou said its major shareholders will take the course of action rather than risk involuntary delisting from the Hong Kong stock exchange.
Some context: The Liaoning-based bank is dual-listed in Hong Kong and Shanghai.

The ba...

sources

HKEX: Joint announcement

Caixin: PBOC to Become Bank of Jinzhou Biggest Shareholder in Latest Bailout

January 29, 2024

Lock ‘em up

Regulators are targeting short selling in their latest attempt to boost A-shares. On Sunday, the Shanghai and Shenzhen stock exchanges said that strategic investors can no longer loan out shares during lock-up periods. Some context: “Strategic investors” are investors that buy into a company before …

Regulators are targeting short selling in their latest attempt to boost A-shares.
On Sunday, the Shanghai and Shenzhen stock exchanges said that strategic investors can no longer loan out shares during lock-up periods.
Some context: “Strategic investors” are investors that buy into a company before ...

sources

Shanghai Stock Exchange: 关于暂停战略投资者在承诺的持有期限内出借获配股票的通知

Shenzhen Stock Exchange: 关于暂停战略投资者在承诺的持有期限内出借获配股票的通知

CSRC: 证监会进一步加强融券业务监管，全面暂停限售股出借

January 27, 2024

Calling off the dogs

On Wednesday, mobile device makers Nokia and Oppo announced they have reached a cross-licensing agreement on 5G patents. As a result, both parties have agreed to drop all outstanding lawsuits against each other in all jurisdictions. ICYMI: ICT powerhouse Nokia and Chinese phone maker Oppo have be…

On Wednesday, mobile device makers Nokia and Oppo announced they have reached a cross-licensing agreement on 5G patents.

As a result, both parties have agreed to drop all outstanding lawsuits against each other in all jurisdictions.

ICYMI: ICT powerhouse Nokia and Chinese phone maker Oppo have be...

sources

ijiwei: OPPO与诺基亚签署5G专利交叉许可协议将结束所有未决诉讼

Oppo: OPPO and Nokia sign 5G patent cross-license agreement

January 27, 2024

Keeping science on the up and up

Regulators are calling in help to improve China’s sci-tech ethics. On Thursday, the Ministry of Science and Technology (MoST) and two other bodies jointly released an action plan for boosting the role of “sci-tech social organizations” in maintaining scientific research integrity. Some background: “…

Regulators are calling in help to improve China's sci-tech ethics.
On Thursday, the Ministry of Science and Technology (MoST) and two other bodies jointly released an action plan for boosting the role of "sci-tech social organizations" in maintaining scientific research integrity.
Some background: "...

sources

Gov.cn: 科技部办公厅民政部办公厅中国科协办公厅关于开展促进科技类社会团体发挥学术自律自净作用专项行动的通知

January 27, 2024

A real Dellemma

On Thursday, Bloomberg reported that US tech giants Dell and Micron funded research aimed at generating national security concerns over Chinese competitors. The short version: Anonymous sources told Bloomberg that both companies provided funding to China Tech Threat (CTT), which publishes research o…

On Thursday, Bloomberg reported that US tech giants Dell and Micron funded research aimed at generating national security concerns over Chinese competitors.
The short version: Anonymous sources told Bloomberg that both companies provided funding to China Tech Threat (CTT), which publishes research o...

sources

Bloomberg: Dell, Micron Backed a Group Raising Alarms on Rivals’ China Ties

January 26, 2024

Putting the big dogs in charge

Beijing wants government agencies to row in the same direction when it comes to sci-tech policy. ICYMI: At the 2023 Two Sessions, Beijing established the Central Commission for Science and Technology (CCST) – whose main job is coordinating sci-tech policy across the government. But it’s still…

Beijing wants government agencies to row in the same direction when it comes to sci-tech policy.
ICYMI: At the 2023 Two Sessions, Beijing established the Central Commission for Science and Technology (CCST) – whose main job is coordinating sci-tech policy across the government.

But it’s still...

sources

China Natural Resources News: 自然资源部科学技术委员会成立

January 26, 2024

Put on your big boy pants

China is counting on France’s support to build a multipolar world. That was the message from Beijing on Thursday at a celebration of 60 years of diplomatic relations between the two countries. Xi Jinping made the appeal himself in a video address: “[China and France] should jointly advocate for an…

China is counting on France's support to build a multipolar world.
That was the message from Beijing on Thursday at a celebration of 60 years of diplomatic relations between the two countries.
Xi Jinping made the appeal himself in a video address:

"[China and France] should jointly advocate for an...

sources

Gov.cn: 习近平向中法建交60周年招待会发表视频致辞

People's Daily: 王毅出席庆祝中法建交60周年招待会

January 26, 2024

My ships don’t lie

Beijing is leaning on Tehran to protect its shipping. On Friday, Reuters cited insider sources saying that China has been pressuring Iran to prevent Houthi attacks on its shipping. Some context: Recent attacks on Red Sea shipping by Iran-backed Houthi rebels have disrupted global supply chains. Per …

Beijing is leaning on Tehran to protect its shipping.
On Friday, Reuters cited insider sources saying that China has been pressuring Iran to prevent Houthi attacks on its shipping.
Some context: Recent attacks on Red Sea shipping by Iran-backed Houthi rebels have disrupted global supply chains.
Per ...

sources

Reuters: Exclusive: China presses Iran to rein in Houthi attacks in Red Sea, sources say

FT: US urges China to help curb Red Sea attacks by Iran-backed Houthis

January 26, 2024

You’ve got it all backwards

The government is finalizing its policy priorities for the year. On Thursday, Premier Li Qiang solicited feedback on the draft Government Work Report (GWR) from China’s eight “democratic parties,” the All-China Federation of Industry and Commerce, and individuals, including the economist Li Daokui. …

The government is finalizing its policy priorities for the year.
On Thursday, Premier Li Qiang solicited feedback on the draft Government Work Report (GWR) from China’s eight “democratic parties,” the All-China Federation of Industry and Commerce, and individuals, including the economist Li Daokui.
...

sources

CCTV: 李强主持召开各民主党派中央、全国工商联负责人和无党派人士代表座谈会

January 26, 2024

Hanging by a thread

As some localities in China remain in acute financial distress, local officials and financial institutions are stepping in to avert financial disaster. The latest developments from Weifang city underscore this point, as we write below. But it’s also important to note that Weifang and similar citie…

As some localities in China remain in acute financial distress, local officials and financial institutions are stepping in to avert financial disaster.

The latest developments from Weifang city underscore this point, as we write below.
But it's also important to note that Weifang and similar citie...

sources

Bloomberg: LGFV in China’s Shandong Province Extends Debt Payment Deadline

21st Century Biz: 潍坊两月内陆续与10多家金融机构签约：未来5年将获超3600亿融资

January 26, 2024

The capital experiments with capital

Beijing municipality is trialing a mechanism to repay special-purpose bonds (SPBs) ahead of schedule. The details: In August, the Beijing municipal government repaid RMB 39 million of principal from an RMB 8.4 billion SPB due to mature in February 2040. In a document published Sunday, city authoriti…

Beijing municipality is trialing a mechanism to repay special-purpose bonds (SPBs) ahead of schedule.
The details: In August, the Beijing municipal government repaid RMB 39 million of principal from an RMB 8.4 billion SPB due to mature in February 2040.
In a document published Sunday, city authoriti...

sources

Beijing Municipal Government: 积极的财政政策加力提效推动首都经济社会高质量发展——北京市2023年预算执行情况和2024年预算安排情况

Beijing Municipal Government: 北京市财政局关于提前偿还部分北京市政府债券的通知

Beijing Municipal Government: 2023年北京市政府债券提前偿还结果公告

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162