Latest News: AF Indexes
Local administrations issued bonds to the tune of 1.41 trillion yuan ($210 billion) up till Sunday June 26, which was an 80% jump from a year ago, and that total could rise further
The yuan-denominated bonds are offered by mostly European automobile firms and financial institutions to balance foreign exchange risks
A massive solar project in northern Australia, which aims to provide energy to Singapore and Indonesia via an undersea cable, has won approval for investment
China's $20 trillion bond market has suffered continuous foreign outflows since February amid rising geopolitical tension and lingering Covid outbreaks...
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China Stock Market Booms in June as Foreigners Exit Bonds07 Jul 2022
China bonds registered $2.5 billion of outflows last month, the fifth consecutive month of foreign outflows, but over $9.1 billion of foreign inflows went into China's stock market in June, the IIF said...
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S&P Downgrades China’s Greenland Over Bond Extension22 Jun 2022
Ratings agency S&P Global downgraded Greenland to "selective default" on Wednesday after the state-backed property developer extended the maturity of $488 million in bonds...
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China Debt Markets Urged to Make Radical Reforms – FT15 Jun 2022
The calls come as global fixed-income traders sold about $35 billion worth of yuan-denominated bonds in the first four months of this year...
Tech experts say China will be dependent on foreign suppliers for years, so carmakers, who face a boom in demand and long supply delays, sometimes have to pay a premium to chip brokers...
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Chinese Electric Car Maker Nio’s Shares Plunge on Short Seller Report30 Jun 2022
New York-based Grizzly Research alleged that China EV manufacturer Nio used creative accounting to inflate its net income margins. Nio said on Thursday the claims had no merit and 'contained errors'....
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Geely-Backed Fund Joins $108m Investment in Imaging Firm08 Jun 2022
GLy New Mobility Fund, a global mid-to-late-stage fund, said it made the investment in Vayyar Imaging, a 4D imaging radar-on-chip provider...
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Tesla, GM, VW Recover 20% Capacity in Shanghai After Restart13 May 2022
Export volume from Shanghai is almost back to normal as carmakers prioritize them over domestic shipments. ...
With billionaire Ma giving up control of Ant, any potential revival of its IPO may be pushed back by a year or more, the WSJ reported....
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US Regulator Hits Hyundai with $19.2 Million Fine26 Jul 2022
Hyundai Capital America submitted inaccurate payment information to credit reporting agencies for years, damaging consumers' credit ratings and driving up their borrowing costs....
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China’s Didi Global Fined $1.2 Billion Over Data Breaches21 Jul 2022
The announcement on Thursday by the Cyberspace Administration of China followed a year-long investigation into Didi's collection and use of its customer data...
A Guatemalan girl, who turns 14 this month, and her two brothers, aged 12 and 15, all worked at the plant earlier this year and weren't going to school...
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Acciona Plans $26bn Splurge on Australian Clean Energy – SMH14 Jul 2022
Spanish energy and building giant Acciona plans to spend $26 billion on renewable energy projects in Australia over the next five years, the company's chairman said...
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Auto Firms Chase Smaller, Cheaper, Faster EV Batteries11 Jul 2022
Battery makers for electric vehicles are studying ways to create smaller and cheaper batteries to bring down prices, as batteries are currently the most expensive items in EVs....
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