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LSE rejection a wake-up call to HK


The London Stock Exchange's (LSE) resounding rejection of Hong Kong Exchanges and Clearing's (HKEX) merger proposal, which essentially killed the deal, is a wake-up call to the city where the economy and social order have been damaged by riots and unrest, according to analysts.


Shenzhen airport sees jump in passengers, cargo business as HK declines

The Shenzhen airport in South China's Guangdong Province on Sunday reported significant rises in both passenger and cargo traffic, presenting a stark contrast to the airport in the neighboring Hong Kong Special Administrative Region (HKSAR), where normal operations have been hit hard by persistent political unrest for more than three months.
Source: Global Times | 2019/9/15 22:43:39

Companies return to Hong Kong IPOs

The gradually stabilizing situation in Hong Kong is one reason that companies are resuming IPOs on the Hong Kong bourse, analysts said on Sunday.
Source: Global Times | 2019/9/15 22:38:39

Tourism revenue during Mid-Autumn Festival shows 8.7 percent gain in China

Tourism revenue and travel activity in China increased steadily during the Mid-Autumn Festival holidays, offering fresh evidence of stable consumer spending at a critical time when the economy faces persistent downward pressure.
Source: Global Times | 2019/9/15 22:33:39

LSE rejection a wake-up call to HK

The London Stock Exchange's (LSE) resounding rejection of Hong Kong Exchanges and Clearing's (HKEX) merger proposal, which essentially killed the deal, is a wake-up call to the city where the economy and social order have been damaged by riots and unrest, according to analysts.
Source: Global Times | 2019/9/15 22:23:39

Majority of the listed companies in Xinjiang are profitable in H1

More than 80 percent of the A-share market listed companies in Northwest China's Xinjiang Uyghur Autonomous Region made profits in the first half of the year, according to media reports.
Source: Global Times | 2019/9/15 22:12:17

Apple's new iPhone series sees surge in advance orders

As one of the major online channels for the pre-sales of Apple's new iPhone 11 series, the Apple flagship store of China's e-commerce giant JD.com on Sunday showed many products in the series have been booked up. JD.com's report showed that the number of pre-orders surged 480 percent year-on-year.
Source: Global Times | 2019/9/15 22:12:10

China, Japan seek closer economic partnership

China and Japan are pushing to enhance economic ties, with Japanese businesses calling for more cooperation with China both in the Chinese mainland market and third-country markets, as Asia's two largest economies are both grappling with rising global trade protectionism and uncertainty.
Source: Global Times | 2019/9/15 22:11:24

China sees expanding China-Europe freight rail services

China-Europe freight rail services have expanded in the first eight months of the year with 5,266 trips made during the period, according to the China State Railway Group Co., Ltd.
Source: Xinhua | 2019/9/15 21:30:01

Busy freight port

The 400,000 ton-class vessel ORE SHANGHAI unloads at Shulang Lake Ore Transfer Terminal in Qushan Harbor District of the Ningbo-Zhoushan Port, East China's Zhejiang Province on Saturday. Shulang freight volume reached 35.93 million tons, up 4.7 percent year-on-year, from January to August.
Source: Global Times | 2019/9/15 20:58:39

US stocks extend moderate gains amid hopes for growth, various data

US stocks wrapped up the week on an upbeat note with mild gains, as the market was underpinned by a batch of multiple data, and Wall Street digested the European Central Bank's (ECB) fresh monetary decision, as well as the latest development on US-China trade scenario, fueling hopes for global economic growth.
Source: Xinhua | 2019/9/15 14:50:43

China remains strong magnet for foreign investment

China's latest foreign direct investment (FDI) data have testified the country's stronger appeal to foreign investors who have shown widespread optimism in a fast-growing market.
Source: Xinhua | 2019/9/15 14:38:45

50-day countdown, global businesses continue to benefit from CIIE

In a small town with a population of less than 320,000 in northwest China, Wang Gang was surprised to find the same imported milk brand he saw at the first China International Import Expo (CIIE) last November.
Source: Global Times | 2019/9/15 9:21:12

HKEX doesn't give up its merger bid with LSE amid doubts

Hong Kong Exchanges and Clearing (HKEX) doesn't give up its proposal to merge with London Stock Exchange (LSE), even after the proposal was roundly rejected by the latter and widely doubted by analysts.
Source: Global Times | 2019/9/14 16:13:20

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