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Zero Edge

US Set To Add Chinese Chipmaker And Over 30 Firms To Trade Blacklist

December 14, 2022 Mariel Alumit

Bloomberg reported that as soon as this week, the Biden administration could place Chinese chip maker Yangtze Memory Technologies (YMTC) and over 30 other Chinese firms on a trade blacklist that would prevent them from […]

Chinese
Zero Edge

Worst Chinese Bond Drop Since 2016 Is Coming To An End

November 21, 2022 Mariel Alumit

By Ye Xie and George Lei, Bloomberg Markets Live commentators and reporters Three things we learned last week: 1. Good policy news is bad news for Chinese bonds. Bonds tumbled the most in six years […]

Chinese
Aljazeera International

Photos: Chinese cities cancel mass COVID tests amid discontent

November 16, 2022 Mariel Alumit

Multiple Chinese cities have cancelled routine mass COVD tests this week, days after Beijing announced limited relaxations of its strict zero-COVID policy which raised hopes of China’s eventual reopening. The National Health Commission (NHC) on […]

Goldman
Finance

Goldman Predicts A Rally In Chinese Stocks The Daily Financial Trends

November 9, 2022 Mariel Alumit

Goldman Sachs has issued a note predicting that when the Chinese economy fully reopens, it will translate into a 20% rise in the nation’s equity markets. In the note the bank’s economists predict that in […]

Chinese
Finance

Chinese Cities See Covid Outbreaks, More Lockdowns Loom The Daily Financial Trends

November 8, 2022 Mariel Alumit

Guangzhou and other major Chinese cities are seeing sudden sharp escalations in COVID-19 cases, sparking fears among investors that China will return to sudden and severe lockdowns that hamper economic activity. Official data released Tuesday […]

Chinese
Zero Edge

Chinese Yuan Has Best Day In Decades As Good News Piles Up

November 4, 2022 Mariel Alumit

By George Lei, Bloomberg markets live reporter and analyst The Chinese yuan, trading both onshore and offshore, posted the biggest daily rally in decades. The offshore yuan advanced more than 2% versus the dollar at […]

Chinese
Finance

Chinese Yuan Craters As PBOC Continues Stealth Devaluation With Weakest Fix In 14 Years

October 25, 2022 Mariel Alumit

Back on March 30, when the downward move in the yen was only just starting, we explained why the “Yen Is At Risk Of “Explosive” Downward Spiral With Kuroda Trapped, And Why China May Soon […]

Chinese
Finance

Chinese EV Maker Leapmotor To Hold IPO The Daily Financial Trends

September 20, 2022 Mariel Alumit

Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co., founded in 2015, is holding an initial public offering in Hong Kong from which it hopes to raise up to HK$8.1 billion ($1 billion). According to the prospectus […]

Chinese
Finance

Chinese Social Media Campaign Lunched To Sabotage US Rare Earths Effort The Daily Financial Trends

August 29, 2022 Mariel Alumit

According to Lynas Rare Earths Ltd., an Australian rare-earths mining company, Chinese Communist Party-linked social media companies are posting daily attacks against them. Experts state the campaign is designed to disrupt a US and Australian […]

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