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Top News In குவாங்டாங் ஹாங் காங் மக்காவோ அதிகமானது வளைகுடா பரப்பளவு Today - Breaking & Trending Today

Nam Tai Property Comments on ISS and Glass Lewis Reports

Nam Tai Property Comments on ISS and Glass Lewis Reports
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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China's Digital Yuan Comes With An Expiration Date

by Tyler Durden
It s been a long time coming, and now it s almost here.
Last August we reported that China s Commerce Ministry had released fresh details of a pilot program for the country s central bank digital currency (CBDC) to be expanded to several metropolitan areas, including Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, and Yangtze River Delta region. This was the inevitable culmination of a process which started back in 2014 when as we reported at the time, China Readies Digital Currency, IMF Says Extremely Beneficial .
Fast forward a few months when China s preparations to rollout a digital yuan gathered pace, and we reported in October that ....

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香港電台網站 : 第三台|Letter To Hong Kong|Chief Secretary Matthew Cheung Kin-chung

香港電台網站 : 第三台|Letter To Hong Kong|Chief Secretary Matthew Cheung Kin-chung
rthk.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rthk.hk Daily Mail and Mail on Sunday newspapers.

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Guorui Properties : ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2020; AND RESUMPTION OF TRADING

RESUMPTION OF TRADING
2020 ANNUAL RESULTS HIGHLIGHTS
Achieved contracted sales for the year ended December 31, 2020 (the Reporting Period ) of RMB18,532.2 million with corresponding gross floor area ( GFA ) of approximately 1,014,003 sq.m.;
Revenue for the Reporting Period was RMB5,768.9 million, of which the revenue from property development was RMB5,016.8 million;
Gross profit for the Reporting Period was RMB1,045.5 million;
Profit for the year, excluding the one-off loss on disposal of the eight real estate project companies, was approximately RMB255.7 million;
Land reserves reached a total GFA of 9,598,769 sq.m. and the average cost of land reserves was RMB3,831.5 per sq.m. for the Reporting Period; ....

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China policy round-up: Beijing cracks down on regional financial institutions, Hainan FTP access rules ease up, Guangzhou reveals ambitious GBA development plan

By Addison Gong
10.00 AM
In this round-up, the State Council flags up risks at regional financial institutions in China, measures have been announced to relax market access in the Hainan Free Trade Port, and the Guangzhou government details a plan to develop the financial industry and support cross-border businesses in the Guangdong-Hong Kong-Macao Greater Bay Area.
The International Monetary Fund raised its 2021 GDP growth forecast for China to 8.4% on Tuesday, from an 8.1% projection in January. It expects the global economy to expand 6% this year, and 4.4% in 2022.
“China has recovered more rapidly than other countries, but at the cost of a further buildup in vulnerabilities, particularly risky corporate debt,” the IMF said in the latest global financial stability report. ....

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