Shares in the Asia Pacific rose during Thursday’s trading session, following positive news overnight about the development of a possible coronavirus vaccine. The Hong Kong Hang Seng Index led gains among the region’s major markets, rising 2.25%, from its last hour of trading. Shares of Chinese internet giant Tencent soared …
Read More »Hong Kong makes first arrest under China’s new national security law
The Hong Kong Police Honor Guard raises a Chinese national flag and a Hong Kong flag during a flag raising ceremony at Golden Bauhinia Square on June 15, 2020 in Hong Kong, China. Anthony Kwan | fake pictures Hong Kong police announced Wednesday that they made their first arrest since …
Read More »Caixin / IHS Markit June 2020 Manufacturing PMI
The results of a private survey released on Wednesday showed that China’s manufacturing activity expanded and exceeded expectations in June, reaching its highest level since December 2019. The Caixin / Markit Manufacturing Purchasing Manager ratio reached 51.2. Economists polled by Reuters had expected 50.5, compared to 50.7 in May. PMI …
Read More »China says its manufacturing activity expanded in June, but headwinds remain
China said Tuesday that manufacturing activity expanded in June with the Purchasing Manager’s official index reaching 50.9. Economists polled by Reuters expected the official manufacturing PMI number to hit 50.4. PMI readings above 50 indicate expansion, while those below this level indicate contraction. In May, the official manufacturing PMI reached …
Read More »China reportedly passes national security law for Hong Kong
The Hong Kong Police Honor Guard raises a Chinese national flag and a Hong Kong flag during a flag raising ceremony at Golden Bauhinia Square on June 15, 2020 in Hong Kong, China. Anthony Kwan | fake pictures Reportedly the main decision-making body in China’s parliament passed the controversial national …
Read More »