21 February 2020

Theresa Tang

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    The Big Picture: HOUSING SUPPLY

    - Oct 31, 2013 8:32am
    Chinese President Xi Jinping’s pledge to accelerate housing supply, especially affordable housing, could be bad news for property developers such as China Vanke Co. Ltd. and Country Garden Holdings Co. Ltd. Although affordable housing and private...
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    The Big Picture: HUKOU REFORM

    - Oct 30, 2013 8:29am
    China, which is seeking to upgrade its economic structure, is expected to step up efforts for the long-awaited reform of its “hukou” or household registration system after further discussions at the upcoming Third Plenary Session of...
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    The Big Picture: TIANANMEN CAR CRASH

    - Oct 29, 2013 8:48am
    Security has been tightened in Beijing and police officials are on high alert after a sports utility vehicle crashed and exploded in the heavily guarded Tiananmen Square Monday afternoon, killing at least five people and injuring...
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    The Big Picture: RATE REFORM

    - Oct 28, 2013 8:49am
    The launch of a new benchmark lending rate, or the so-called loan prime rate, represents another breakthrough in pushing forward rate liberalization in China. By setting the lending rate to the banks’ best customers, market-driven demand...
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    The Big Picture: MONEY FLOW

    - Oct 25, 2013 8:42am
    The People’s Bank of China has refrained from making any moves in three open market operation sessions from last Thursday, effectively draining liquidity worth 105 billion yuan from the banking system. The tightening of cash flow...
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    The Big Picture: HOUSING MATTERS

    - Oct 24, 2013 8:51am
    Increased supply of the so-called public housing and extension of property tax to more cities would probably be on top of Chinese leaders’ minds as they seek to contain a rebound in home prices. Beijing’s housing...
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    The Big Picture: SINGAPORE PACT

    - Oct 23, 2013 8:51am
    Just a week after China inked a similar deal with London, Asia’s biggest economy has accelerated its efforts to enhance the role of the Chinese currency in global trade and investment by introducing direct currency trading...
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    The Big Picture: CAPITAL INFLOW

    - Oct 22, 2013 8:32am
    Fresh evidence came in Monday that China is seeing more capital inflow as investors are getting more confident that the world’s second-biggest economy is out of the woods. Central bank data showed that China’s yuan funds...
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    The Big Picture: EXECUTION GAP

    - Oct 21, 2013 8:38am
    After engineering a soft-landing for the economy in the third quarter, China has managed to buy some time to closely examine the efforts made by local governments and authorities to implement the reforms that Beijing has...
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    The Big Picture: SMOG FIGHT

    - Oct 18, 2013 8:37am
    In its latest efforts to clear the haze that has long blanketed the capital, the Beijing Municipal Government is expected to soon issue emergency measures forcing cars off the road on alternate days of the week...
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    The Big Picture: DEBT ACCORD

    - Oct 17, 2013 8:44am
    Asian equities markets, including China, are expected to rise, following gains in bourses in the United States and Europe after an agreement was reached between U.S. Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell...
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    The Big Picture: WARMER TIES

    - Oct 16, 2013 8:40am
    There are two major implications of China’s decision to allocate 80 billion yuan (US$13.1 billion) in quotas to Britain under the renminbi qualified foreign institutional investor (RQFII) scheme, and Britain’s plan to lower entry barriers for...
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    The Big Picture: FRAGILE REBOUND

    - Oct 15, 2013 8:29am
    A slew of economic data was released on Monday, sending mixed signals to investors about the strength of China’s economic recovery. The consumer price index accelerated at a more-than-expected 3.1 percent last month, reviving fears of...
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    The Big Picture: CURRENCY SWAP

    - Oct 11, 2013 8:00am
    The 350 billion yuan currency swap deal between the People’s Bank of China (PBoC) and the European Central Bank carries both practical and symbolic importance. The size of the swap, the third-biggest after those with Hong...
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    The Big Picture: ONLINE FINANCE

    - Oct 10, 2013 8:33am
    Chinese e-commerce giant Alibaba Group is stepping up its push into online financial services by buying a 51 percent stake in Tianhong Asset Management Co. Ltd. Alibaba’s move will undoubtedly change the landscape of the financial...
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    The Big Picture: HOME RALLY

    - Oct 9, 2013 8:31am
    China’s property stocks are likely to sustain their strong rebound, sparked by news that Country Garden Holdings Co. Ltd. (02007.HK) has surpassed its full-year sales target in September. Investors will most probably focus on developers with...
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    The Big Picture: MIXED SENTIMENT

    - Oct 8, 2013 8:34am
    Investor sentiment is expected to be mixed when China’s equity markets reopen on Tuesday after the seven-day National Day holiday. Investors are advised to make their bets selectively on stocks related to the retail, catering, transportation...
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    The Big Picture: HONG KONG PLAN

    - Oct 7, 2013 8:34am
    In a closed-door meeting with Hong Kong Chief Executive Leung Chun-ying, Chinese President Xi Jinping expressed his thoughts about the priorities for the city and its seven million people. Improving the living standards of the general...
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    The Big Picture: TELECOM REVAMP

    - Oct 4, 2013 8:23am
    Telecom industry in China, which houses the world’s largest number of cellphone users, is said to see a potential upheaval. China Mobile Ltd. (00941.HK) is likely to emerge as the biggest loser in the sector revamp,...
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    The Big Picture: GOLDEN WEEK BOOST

    - Oct 3, 2013 7:55am
    Highway operators, railway-related firms, tourism plays as well as recreational and hospitality sectors are likely to cheer a robust increase in the number of rail travelers and general visitors to the nation’s popular tourist spots during...