Category: Uncategorized

Posted on

Hong Kong, Shanghai stocks tumble as new COVID-19 cases hit sentiment

The Shanghai Composite Index at market close on March 15, 2022 [CGTN-CFP]
The Shanghai Composite Index at market close on March 15, 2022 [CGTN-CFP]
CGTN | 15-Jun-2022

Hong Kong stocks plunged more than six percent Tuesday, extending the previous day’s tech-fueled rout that came after China tightened measures to contain the latest outbreak of COVID-19 in the tech hub of Shenzhen. The Hang Seng Index shed 5.7 percent to 18,415.08 at market close. The Shanghai Composite Index dived 4.95 percent, or 159.57 points, to 3,063.97, while the Shenzhen Composite Index on China’s second exchange lost 4.36 percent to 11,537.24. Continue reading “Hong Kong, Shanghai stocks tumble as new COVID-19 cases hit sentiment”

Posted on

It takes only 4 days to start a business in China, Premier Li

It takes only 4 days to start business in China
It takes only 4 days to start business in China

CGTN | 12-Jun-2022

To start a business in China now only takes an average of four days, Chinese Premier Li Keqiang said on Friday, adding that it takes a minimum of one day to get a business license in some places. Li made the remarks in response to a question on China’s efforts to improve the business environment at a press conference after the closing of the fifth session of the 13th National People’s Congress, China’s top legislature. Continue reading “It takes only 4 days to start a business in China, Premier Li”