China


Rising factory prices dent credit-market appeal

Rising factory prices dent credit-market appeal

(ATF) Inflationary fears returned to haunt China’s credit markets Tuesday after data showed factory activity surged in April.Four of the five ATF bond indexes fell, including the benchmark ATF China Bond 50 Index. Losses were steepest among local government debt, which plummeted on concern that planned record issuance of new …

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EVs to be cheaper as transition puts jobs on line

EVs to be cheaper as transition puts jobs on line

(ATF) Electric vehicles (EVs) will soon be cheaper to build than fossil-fuel competitors across Europe within six years, but the transition could put jobs at risk, according to studies released this week.Carmakers are shifting en masse to electric and hybrid models in order to bring average fleet emissions under a …

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Price of China's rare earths fall as most other commodities soar

Prices of China's rare earths fall as most other commodities soar

(AF) Northern Rare Earth announced the listing price of rare earth elements on Monday May 10, and the prices of many minerals were down. Recently, the price of almost all bulk commodities in the world have skyrocketed, and only rare earths in China appear to have fallen.This phenomenon was reported …

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Chinese bonds ‘bulldoze’ ahead

Chinese bonds ‘bulldoze’ ahead

(AF) Chinese analysts say the country seems to have different strategies for stocks and bonds – investors are 'dancing' with the stock market, they say, while a ‘bulldozer strategy’ appears to be used in regard to bond markets.According to statistics from the Securities Daily, as of Sunday May 9, the …

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Sustainability-linked bonds launched to boost China’s green finance

Sustainability-linked bonds launched to boost China’s green finance

(ATF) China is moving to clean up its act, with various measures ordered by the party Central Committee and State Council to rein in carbon emissions and meet its carbon neutrality goal, as well as boosting its green finance sector. As the leading polluter in the 21st century, the moves …

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Cautious risk rally ensues with eye on inflation

Cautious risk rally ensues with eye on inflation

(ATF) Hong Kong: Asian markets made broad gains as shockingly weak US payrolls data gave legs to the reflation trade with inflation concerns moderating for the moment.Reflecting the caution, US Treasuries were weaker with the 10-year yield rising 2 basis points to 1.60% after crashing to 1.50% after the jobs …

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Iron ore prices hit record amid rise in China-Australia tension

Iron ore prices hit record amid rise in China-Australia tension

(ATF) A fundamental demand for steel in China, coupled with worsening tensions between Beijing and its biggest iron ore supplier, Australia, has pushed the price of iron ore beyond US$200 a tonne for the first time in 14 years.Some iron ore traders view the indefinite suspension of the China-Australia Strategic …

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China-Australia tensions lift aluminium prices to 3-year high

China-Australia tensions lift aluminium prices to 3-year high

(ATF) Aluminium prices hit a three-year high on Thursday over rising tensions between top producer China and major raw materials supplier Australia.Prices have rocketed 25% this year as commodities and equities markets surged and investors anticipate that a crackdown on polluting smelters in China will constrain supply.Adding impetus was China …

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US carmaker Tesla and China's Nio boost EV innovation

US carmaker Tesla and China's Nio boost EV innovation

(ATF) Global integration of the electric vehicle (EV) sector advanced this week, with US maker Tesla developing a platform to allow car owners in China to access data generated by their vehicles and the Chinese company Nio expanding its showrooms in Europe.Tesla, which makes Model 3 sedans and Model Y …

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A wave of Chinese companies seek US IPOs as delisting concerns ease

A wave of Chinese companies seek US IPOs as delisting concerns ease

(ATF) China’s popular podcast app Ximalaya, bike-sharing giant Hello Inc, and cloud service provider Qiniu Ltd are joining a wave of Chinese companies queuing up for initial public offerings in US’s red-hot market as delisting concerns have eased since President Joe Biden took office in January. All three companies recorded …

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