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China Stocks Close Firmer As Investors Eye Stimulus Plan

2020-12-30T10:43:41Z

JuanitaTheriot7:

SHANGHAI, Nov 19 (Reuters) - Chinese stocks ended higher on Thursday, led by consumer shares, as investors cheered news of Beijing's pledge to boost domestic consumption and promote an innovation-driven growth model to salvage a pandemic-ravaged economy. ** The blue-chip CSI300 index ended 0.7% higher at 4,927.99, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] while the Shanghai Composite Index climbed 0.5% to 3,363.09 points. ** The tech-heavy start-up board ChiNext and the STAR50 index added 0.9% and 1.2%, respectively. ** Consumer shares led the rally, with the CSI300 consumer staples index and the CSI300 consumer discretionary index rising 1.3% and 1.6%, respectively. ** China will expand consumption of cars and consumption in rural areas, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html kynghidongduong.vn] according to a report by state broadcaster CCTV, citing a meeting of the country's cabinet chaired by Premier Li Keqiang. ** China will also promote the consumption of home appliances and catering, CCTV reported. ** Dual-listed Guangzhou Automobile Group Co Ltd [http://ms-jd.org/search/results/search&keywords=rallied/ rallied] in both Shanghai and Hong Kong, leading the gains for carmakers. ** Adding to sentiment, President Xi Jinping said China would continue to cut its tariffs and expand imports of high-quality goods and [https://www.sportsblog.com/search?search=services services]. ** Bucking the broad strength, securities firms fell, led by Haitong Securities Co Ltd falling 6.3% in Shanghai after Beijing alleged manipulation. ** Chinese investigations into last week's shock bond default by a state-owned coal miner widened on Wednesday with a regulator threatening to sanction Haitong Securities, one of the country's biggest brokerages, for alleged manipulation. ** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.51%, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] while Japan's Nikkei index closed down 0.36%. ** At 0711 GMT, the yuan was quoted at 6.572 per U.S. dollar, 0.2% weaker than the previous close of 6.559. ** As of 0712 GMT, China's A-shares were trading at a premium of 41.68% over the Hong Kong-listed H-shares. (Reporting by Shanghai Newsroom, Editing by Sherry Jacob-Phillips)

Rents In Chinese Cities Lowest In Nearly Two Years - Private Survey

2020-12-30T07:25:30Z

JuanitaTheriot7:

BEIJING, Dec 2 (Reuters) - China's average home rental prices in 40 major cities fell to their lowest last month in nearly two years, according to a private survey published late on Tuesday, in a sign of deepening weakness in the market. Average home rental prices in November stood at 34.71 yuan ($5.30) per square metre,down from 42.65 yuan in October, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] according to data from Zhuge House Hunter. That's the lowest since January 2019, the Chinese property data provider said. Rents in Beijing in November slumped 7.61% from a year earlier, extending October's 3.4% drop, while the southern boomtown of Guangzhou saw a 1.05% decline, its first since January. Home rents in major cities have fallen this year with businesses hit hard by COVID-19, leading to wage cuts and lay-offs of new graduates and white-collar workers. The decline has also hammered big home rental firms such as New York-listed Phoenix [http://search.about.com/?q=Tree%20Holdings Tree Holdings] Ltd, known as Danke, which has broken lease contracts and defaulted on payments. Rents in so-called first-tier cities fell following defaults on payments by Danke, Yuan Chengjian, vice president of Zhuge House Hunter, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] told Reuters. Danke officials were not immediately available for comment. Danke is facing a backlash from tenants, landlords and contractors in China's biggest cities including Beijing and [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html kynghidongduong.vn] Shanghai, according to state media reports. Danke has more than 110,000 tenants and around 40,000 landlords in Beijing under its belt, state-run China Youth Daily reported. Under Danke's business model, tenants are encouraged to take one-year loans from Danke's partner bank WeBank to pay their rents. Tenants then repay their loans in monthly instalments. Meanwhile, WeBank hands over the entire proceeds of the loans to Danke, which however pays its landlords monthly, in most cases. ($1 = 6.5540 Chinese yuan renminbi) (Reporting by Liangping Gao and Ryan Woo; Editing by Raju Gopalakrishnan)

AFC Champions League Fixtures

2020-12-30T02:17:16Z

JuanitaTheriot7:

Nov 27 (OPTA) - AFC [http://www.recruitingblogs.com/main/search/search?q=Champions%20League Champions League] fixtures for this weekend Friday, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html kynghidongduong.vn] November 27 fixtures (GMT) Melbourne Victory v Beijing Guoan (1000) Ulsan v Perth Glory (1000) Chiangrai United v Seoul (1300) Shanghai Shenhua v Tokyo (1300) Saturday, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] November 28 fixtures (GMT) Vissel Kobe v Guangzhou Evergrande (1000) Yokohama F. Marinos v Shanghai SIPG (1300) Monday, November 30 fixtures (GMT) Beijing Guoan v Seoul (1000) Tokyo v Ulsan (1000) Chiangrai United v Melbourne Victory (1300) Shanghai Shenhua v Perth Glory (1300) Tuesday, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] December 1 fixtures (GMT) Yokohama F. Marinos v Jeonbuk Motors (1000) Guangzhou Evergrande v Suwon Bluewings (1000) Shanghai SIPG v Sydney (1300) Johor Darul Ta'zim v Vissel Kobe (1300)-cancelled

Benutzer:JuanitaTheriot7

2020-12-30T02:16:08Z

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