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Shanghai’s index of 50 biggest companies gets ‘thumbs up’ from analysts after tumbling 2.6 pc this past week

16 Jun 2017 - South China Morning Post
The pullback in Shanghai’s largest listed companies this week offers a potentially good buying opportunity for new investors, or those looking to top up their holdings, according to analysts who say things continue to bode well for what’s been what’s been one of the year’s best performing investment ...

Hong Kong M&A activity jumps fivefold in 20 years as Chinese firms use city to go global

16 Jun 2017 - South China Morning Post
Mergers and acquisitions activity in Hong Kong has increased by a factor of almost five in the past 20 years as international firms use the city as a gateway to expand in Asia and mainland companies use it as a platform to fulfil their global ambitions. The value of deals involving Hong Kong companies ...

First US beef exports on the way to China by plane, ending a 14-year ban by Beijing

15 Jun 2017 - South China Morning Post
The first shipment of US beef to China under a new trade deal went airborne on Wednesday, a Nebraska meat company said, just two days after Washington finalised details to resume exports, ending a 14-year ban. Greater Omaha Packing Co said it shipped beef by plane to China from Nebraska, a top US beef ...

China's May industrial production up 6.5% on year, beats expectations

14 Jun 2017 - CNBC
China's factory output grew 6.5 percent in May from a year earlier, slightly better than expectations along with retail sales that rose a more than seen 10.7 percent, but fixed-asset investment grew a less than forecast.6 percent. Analysts polled by Reuters had predicted factory output would grow 6.3 ...

Soros protege makes a US$700 mil gamble

13 Jun 2017 - The Edge Markets
(June 13): Eduardo Elsztain thought he could succeed where dealmakers like Jared Kushner, Patrick Drahi and Matthew Bronfman didn’t: In Israel, the land of his business dreams. The Argentine businessman has achieved plenty elsewhere. Back in 1990, it took him just an hour to persuade George Soros to ...

Beijing developers fear 80,000 yuan per sq m is the unofficial red line not to be crossed

13 Jun 2017 - South China Morning Post
Residential property developers in Beijing now believe that an unofficial price ceiling seems to have been set by city officials on new projects – at 80,000 yuan (US$11,774) per square metre. The capital’s latest project, China Seal, just outside the southern second ring road, will be released for sale ...

US genomic cancer profiling firm FMI heads to China, where access to new therapies lags

13 Jun 2017 - CNBC
China lags the U.S., Europe and regional hubs such as Singapore and Hong Kong on access to cutting-edge cancer drugs, but the mainland will soon get a glimpse of potential next-generation targeted therapies as U.S.-listed genomic-sequencing firm Foundation Medicine Inc. (FMI) is aiming to launch there ...

Chinese, Malaysians top tourist arrivals in Thailand

13 Jun 2017 - The Star Online
BANGKOK: International tourist arrivals in Thailand rose 4.6 percent in May from a year earlier, with revenues up 6.9 percent, but a strong baht could impact the lucrative industry, the tourism and sports ministry said. The number of foreign tourists stood at 2.59 million in May, led by visitors from ...

China’s airlines held back by declining yields despite dominant positions

13 Jun 2017 - South China Morning Post
The average passenger yields of Chinese airlines are declining, according to Fitch Ratings, because of fierce competition and a high concentration of carriers on popular routes. Passenger yield, the money earned from flying a passenger for one kilometre, is a key measure of profitability. Yields on domestic ...

US Agriculture Department finalises rules as beef exports to China get closer to restarting

13 Jun 2017 - South China Morning Post
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