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Aug 19 10:21 AM
Insurance Shares Fizzle as China’s Stocks Get Off to Dispirited Start
(Yicai Global) Aug. 19 -- Major Chinese mainland indexes all dipped in the morning as insurance stocks failed to sustain their virtuoso performance of yesterday. The Shanghai Composite Index fell 0.19 percent to 3,444.56, while the Shenzhen Component Index dropped by 0.20 percent to 13,741.27. The ChiNext index, which tracks growth enterprises listed in Shenzhen, opened 0.19 percent lower at 2,695.89. Shipping and fentanyl led the charge, while stocks related to Huawei’s chip maker HiSilicon and Beijing ByteDance Technology were among the biggest losers. Editor: Ben Armour      

(Yicai Global) Aug. 19 -- Major Chinese mainland indexes all dipped in the morning as insurance stocks failed to sustain their virtuoso performance of yesterday.

The Shanghai Composite Index fell 0.19 percent to 3,444.56, while the Shenzhen Component Index dropped by 0.20 percent to 13,741.27. The ChiNext index, which tracks growth enterprises listed in Shenzhen, opened 0.19 percent lower at 2,695.89.

Shipping and fentanyl led the charge, while stocks related to Huawei’s chip maker HiSilicon and Beijing ByteDance Technology were among the biggest losers.

Editor: Ben Armour

 

 

 

Aug 18 04:56 PM
China’s Stocks Close up as Agriculture Leads the Rise
(Yicai Global) Aug.18 -- China’s three main indexes all closed higher today despite dipping earlier in the day, with agricultural stocks leading the gainers in the last furlong. The Shanghai Composite Index rose 0.36 percent to 3,451.09 with a trading volume of CNY493 billion (USD71 billion), while the Shenzhen Component Index grew 0.19 percent to 13,768.17 on CNY597 million (USD86 million) in turnover. The ChiNext, which tracks growth enterprises listed in Shenzhen, climbed 0.17 percent to 2,701.06. The food processing and gold sectors were also among the biggest winners, while chips and airlines were the worst performers. Editor: Ben Armour

(Yicai Global) Aug.18 -- China’s three main indexes all closed higher today despite dipping earlier in the day, with agricultural stocks leading the gainers in the last furlong.

The Shanghai Composite Index rose 0.36 percent to 3,451.09 with a trading volume of CNY493 billion (USD71 billion), while the Shenzhen Component Index grew 0.19 percent to 13,768.17 on CNY597 million (USD86 million) in turnover. The ChiNext, which tracks growth enterprises listed in Shenzhen, climbed 0.17 percent to 2,701.06.

The food processing and gold sectors were also among the biggest winners, while chips and airlines were the worst performers.

Editor: Ben Armour

Jul 13 07:06 PM
Unique Capital Launches Prize for Best MarTech Players in China
(Yicai Global) July 13 -- Marketing research firm Unique Capital and industry partners have set up the ‘Unique Awards’ to seek out outstanding players in China’s burgeoning MarTech sector, an emerging field in business marketing that harnesses the strengths of new technologies such as Big Data, cloud computing and artificial intelligence. Intelligent digital marketing technology can help companies respond quickly to crises, such as in the case of the Covid-19 pandemic which changed the behavior and consumption habits of consumers. The digital transformation of the marketing industry was previously hampered by lack of funding and talent. These issues are gradually being resolved. Last year the sector raised CNY11.21 billion (USD1.6 billion) through 104 instances of financing. Shanghai-based Unique Capital, which serves as an innovative service platform focused on industry digitalization, has been a close observer of the development of Martech in China. It organized the 2019 MarTech Capital Annual Conference, the 2019 China MarTech Industry Investment and Financing Report, the 2019 China MarTech Industry Map and other related activities. The new awards will help to promote the overall and rapid development of the country’s MarTech sector by sharing examples of companies’ progress. Learning existing and projected industry cases can help firms speed up their digital transformation. Judges include Liao Ming, visiting professor of business and economics at New York University Shanghai, Zhu Jianqiu, chief executive of cloud computing software firm Zhiziyun and Min Jie, founder and CEO of Yijir Technology, as well as other tech leaders, renowned investors, famous scholars and media alliances. The winners will be announced at the end of the month. Editor: Kim Taylor

(Yicai Global) July 13 -- Marketing research firm Unique Capital and industry partners have set up the ‘Unique Awards’ to seek out outstanding players in China’s burgeoning MarTech sector, an emerging field in business marketing that harnesses the strengths of new technologies such as Big Data, cloud computing and artificial intelligence.

Intelligent digital marketing technology can help companies respond quickly to crises, such as in the case of the Covid-19 pandemic which changed the behavior and consumption habits of consumers.

The digital transformation of the marketing industry was previously hampered by lack of funding and talent. These issues are gradually being resolved. Last year the sector raised CNY11.21 billion (USD1.6 billion) through 104 instances of financing.

Shanghai-based Unique Capital, which serves as an innovative service platform focused on industry digitalization, has been a close observer of the development of Martech in China. It organized the 2019 MarTech Capital Annual Conference, the 2019 China MarTech Industry Investment and Financing Report, the 2019 China MarTech Industry Map and other related activities.

The new awards will help to promote the overall and rapid development of the country’s MarTech sector by sharing examples of companies’ progress. Learning existing and projected industry cases can help firms speed up their digital transformation.

Judges include Liao Ming, visiting professor of business and economics at New York University Shanghai, Zhu Jianqiu, chief executive of cloud computing software firm Zhiziyun and Min Jie, founder and CEO of Yijir Technology, as well as other tech leaders, renowned investors, famous scholars and media alliances.

The winners will be announced at the end of the month.

Editor: Kim Taylor

Jun 27 09:45 AM
Chinese Mainland Reports 21 New Covid-19 Cases, 17 in Beijing
(Yicai Global) June 27 -- Chinese health authority said today that it received reports of 21 new Covid-19 cases yesterday, of which 17 were domestically transmitted and four were imported. All the domestically transmitted cases were reported in Beijing, the National Health Commission said in its daily report. Of the imported cases, two were reported in Guangdong province, one in Shanghai and one in Gansu province, according to the commission. No deaths were reported yesterday on the mainland, while a new suspected imported case was reported in Shanghai. As of yesterday, the mainland had reported a total of 1,899 imported cases. Of the cases, 1,814 had been discharged from hospitals after recovery and 85 were being treated, the commission said. The commission said five people were discharged from hospitals after recovery yesterday while the number of severe cases remained eight. The overall confirmed cases on the mainland had reached 83,483 by yesterday, including 405 patients who were still being treated, 78,444 people who had been discharged after recovery, and 4,634 people who died of the disease. The commission said eight people, including one from abroad, were still suspected of being infected with the virus. It added that 7,876 close contacts were still under medical observation while 791 people were discharged from medical observation yesterday. Also yesterday, 12 new asymptomatic cases, including eight from abroad, was reported on the mainland. The commission said 106 suspected asymptomatic cases, including 64 from overseas, were still under medical observation. By the end of yesterday, 1,196 confirmed cases had been reported in the Hong Kong Special Administrative Region (including seven deaths), 46 in the Macau Special Administrative Region and 447 in Taiwan (including seven deaths). A total of 1,091 patients in Hong Kong, 45 in Macau and 435 in Taiwan have been discharged from hospital after recovery. Editor: Xia Ruirui

(Yicai Global) June 27 -- Chinese health authority said today that it received reports of 21 new Covid-19 cases yesterday, of which 17 were domestically transmitted and four were imported.

All the domestically transmitted cases were reported in Beijing, the National Health Commission said in its daily report.

Of the imported cases, two were reported in Guangdong province, one in Shanghai and one in Gansu province, according to the commission.

No deaths were reported yesterday on the mainland, while a new suspected imported case was reported in Shanghai.

As of yesterday, the mainland had reported a total of 1,899 imported cases. Of the cases, 1,814 had been discharged from hospitals after recovery and 85 were being treated, the commission said.

The commission said five people were discharged from hospitals after recovery yesterday while the number of severe cases remained eight.

The overall confirmed cases on the mainland had reached 83,483 by yesterday, including 405 patients who were still being treated, 78,444 people who had been discharged after recovery, and 4,634 people who died of the disease.

The commission said eight people, including one from abroad, were still suspected of being infected with the virus.

It added that 7,876 close contacts were still under medical observation while 791 people were discharged from medical observation yesterday.

Also yesterday, 12 new asymptomatic cases, including eight from abroad, was reported on the mainland. The commission said 106 suspected asymptomatic cases, including 64 from overseas, were still under medical observation.

By the end of yesterday, 1,196 confirmed cases had been reported in the Hong Kong Special Administrative Region (including seven deaths), 46 in the Macau Special Administrative Region and 447 in Taiwan (including seven deaths).

A total of 1,091 patients in Hong Kong, 45 in Macau and 435 in Taiwan have been discharged from hospital after recovery.

Editor: Xia Ruirui

Jun 27 09:44 AM
Shanghai Reports One New Covid-19 Case From Overseas
(Yicai Global) June 27 -- Shanghai reported one more imported novel coronavirus cases yesterday, taking the eastern metropolis' total confirmed Covid-19 cases to 706, the city's health commission said this morning. The new addition is a Chinese citizen who had been working in South Sudan and travelled back to Shanghai on June 23, according to the commission. Authorities have traced 38 people who had been in contact with the patient during their journey and placed them under quarantine, the commission said. The commission logged no new confirmed domestically transmitted cases yesterday. It also reported no asymptomatic cases under observation in the city the same day. Among the confirmed 365 imported Covid-19 cases, 25 patients are being treated and 340 have been discharged upon recovery, the commission said. Of the 341 local cases, seven have died and 334 patients have fully recovered and been released from hospital, the commission said.

(Yicai Global) June 27 -- Shanghai reported one more imported novel coronavirus cases yesterday, taking the eastern metropolis' total confirmed Covid-19 cases to 706, the city's health commission said this morning.

The new addition is a Chinese citizen who had been working in South Sudan and travelled back to Shanghai on June 23, according to the commission.

Authorities have traced 38 people who had been in contact with the patient during their journey and placed them under quarantine, the commission said.

The commission logged no new confirmed domestically transmitted cases yesterday. It also reported no asymptomatic cases under observation in the city the same day.

Among the confirmed 365 imported Covid-19 cases, 25 patients are being treated and 340 have been discharged upon recovery, the commission said.

Of the 341 local cases, seven have died and 334 patients have fully recovered and been released from hospital, the commission said.

Jun 26 09:10 AM
Shanghai Logs Two New Covid-19 Cases From Overseas
(Yicai Global) June 26 -- Shanghai reported two more imported novel coronavirus cases yesterday, taking the eastern metropolis' total confirmed Covid-19 cases to 705, the city's health commission said this morning. Both new additions are Chinese citizens. One of them had been working in Zambia and travelled back to Shanghai on June 23, while the other patient had been working in South Sudan and arrived at the Pudong International Airport the same day, according to the commission. Authorities have traced 88 people who had been in contact with the patients during their journey and placed them under quarantine, the commission said. The commission logged no new confirmed domestically transmitted cases yesterday. It also reported no asymptomatic cases under observation in the city the same day. Among the confirmed 364 imported Covid-19 cases, 26 patients are being treated and 338 have been discharged upon recovery, the commission said. Of the 341 local cases, seven have died and 334 patients have fully recovered and been released from hospital, the commission said.

(Yicai Global) June 26 -- Shanghai reported two more imported novel coronavirus cases yesterday, taking the eastern metropolis' total confirmed Covid-19 cases to 705, the city's health commission said this morning.

Both new additions are Chinese citizens. One of them had been working in Zambia and travelled back to Shanghai on June 23, while the other patient had been working in South Sudan and arrived at the Pudong International Airport the same day, according to the commission.

Authorities have traced 88 people who had been in contact with the patients during their journey and placed them under quarantine, the commission said.

The commission logged no new confirmed domestically transmitted cases yesterday. It also reported no asymptomatic cases under observation in the city the same day.

Among the confirmed 364 imported Covid-19 cases, 26 patients are being treated and 338 have been discharged upon recovery, the commission said.

Of the 341 local cases, seven have died and 334 patients have fully recovered and been released from hospital, the commission said.

Jun 25 09:02 AM
Chinese Mainland Reports 19 New Confirmed Covid-19 Cases
(Yicai Global) June 25 -- Chinese health authority said today that it received reports of 19 new confirmed Covid-19 cases yesterday, of which 14 were domestically transmitted and five were imported. Of the domestically transmitted cases, 13 were reported in Beijing and one in Hebei province, the National Health Commission said in its daily report. Of the imported cases, three were reported in Gansu province, one in Guangdong province and one in Shaanxi province, according to the commission. No deaths or new suspected cases were reported yesterday on the mainland. As of yesterday, the mainland had reported a total of 1,893 imported cases. Of the cases, 1,805 had been discharged from hospitals after recovery and 88 were being treated, the commission said. The commission said five people were discharged from hospitals after recovery yesterday while the number of severe cases increased by three to 15. The overall confirmed cases on the mainland had reached 83,449 by yesterday, including 382 patients who were still being treated, 78,433 people who had been discharged after recovery, and 4,634 people who died of the disease. The commission said 13 people were still suspected of being infected with the virus. It added that 8,011 close contacts were still under medical observation while 415 people were discharged from medical observation yesterday. Also yesterday, a new asymptomatic case from abroad was reported on the mainland. The commission said 97 suspected asymptomatic cases, including 57 from overseas, were still under medical observation. By the end of yesterday, 1,179 confirmed cases had been reported in the Hong Kong Special Administrative Region (including six deaths), 45 in the Macau Special Administrative Region and 446 in Taiwan (including seven deaths). A total of 1,086 patients in Hong Kong, 45 in Macau and 435 in Taiwan have been discharged from hospital after recovery. Editor: Xia Ruirui

(Yicai Global) June 25 -- Chinese health authority said today that it received reports of 19 new confirmed Covid-19 cases yesterday, of which 14 were domestically transmitted and five were imported.

Of the domestically transmitted cases, 13 were reported in Beijing and one in Hebei province, the National Health Commission said in its daily report.

Of the imported cases, three were reported in Gansu province, one in Guangdong province and one in Shaanxi province, according to the commission.

No deaths or new suspected cases were reported yesterday on the mainland.

As of yesterday, the mainland had reported a total of 1,893 imported cases. Of the cases, 1,805 had been discharged from hospitals after recovery and 88 were being treated, the commission said.

The commission said five people were discharged from hospitals after recovery yesterday while the number of severe cases increased by three to 15.

The overall confirmed cases on the mainland had reached 83,449 by yesterday, including 382 patients who were still being treated, 78,433 people who had been discharged after recovery, and 4,634 people who died of the disease.

The commission said 13 people were still suspected of being infected with the virus.

It added that 8,011 close contacts were still under medical observation while 415 people were discharged from medical observation yesterday.

Also yesterday, a new asymptomatic case from abroad was reported on the mainland. The commission said 97 suspected asymptomatic cases, including 57 from overseas, were still under medical observation.

By the end of yesterday, 1,179 confirmed cases had been reported in the Hong Kong Special Administrative Region (including six deaths), 45 in the Macau Special Administrative Region and 446 in Taiwan (including seven deaths).

A total of 1,086 patients in Hong Kong, 45 in Macau and 435 in Taiwan have been discharged from hospital after recovery.

Editor: Xia Ruirui

Jun 25 09:00 AM
Shanghai Reports No New Covid-19 Cases
(Yicai Global) June 25 -- Shanghai reported no new imported or domestically transmitted novel coronavirus cases yesterday, with the eastern metropolis' total remaining 703, the city's health commission said this morning. It also reported no asymptomatic cases under observation in the city as of yesterday. Among the confirmed 362 imported Covid-19 cases, 26 patients are being treated and 336 have been discharged upon recovery, the commission said. Of the 341 local cases, seven have died and 334 patients have fully recovered and been released from hospital, the commission said.

(Yicai Global) June 25 -- Shanghai reported no new imported or domestically transmitted novel coronavirus cases yesterday, with the eastern metropolis' total remaining 703, the city's health commission said this morning.

It also reported no asymptomatic cases under observation in the city as of yesterday.

Among the confirmed 362 imported Covid-19 cases, 26 patients are being treated and 336 have been discharged upon recovery, the commission said.

Of the 341 local cases, seven have died and 334 patients have fully recovered and been released from hospital, the commission said.

Jun 24 03:56 PM
China's Mainland Stock Markets Closed Slightly Up Before Start of Holiday Weekend
(Yicai Global) June 24 -- China's mainland stock exchanges all closed marginally higher today as trading slowed before the start of the three-day Dragon Boat Festival holiday. The Shanghai Composite Index ended the day up 0.3 percent at 2,979.55. The Shenzhen Component Index climbed 0.17 percent to reach 11,813.53. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, inched up 0.02 percent to 2,382.47. Chip makers, property developers and banks led the markets, while the catering sector and medical firms fared the worst. There were only three trading days this week before the start of the long weekend tomorrow. Over the course of the week, the Shanghai Composite Index rose 0.4 percent, the Shenzhen Component Index edged up 1.25 percent and the ChiNext Index gained 2.72 percent. Editor: Kim Taylor

(Yicai Global) June 24 -- China's mainland stock exchanges all closed marginally higher today as trading slowed before the start of the three-day Dragon Boat Festival holiday.

The Shanghai Composite Index ended the day up 0.3 percent at 2,979.55. The Shenzhen Component Index climbed 0.17 percent to reach 11,813.53. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, inched up 0.02 percent to 2,382.47.

Chip makers, property developers and banks led the markets, while the catering sector and medical firms fared the worst.

There were only three trading days this week before the start of the long weekend tomorrow. Over the course of the week, the Shanghai Composite Index rose 0.4 percent, the Shenzhen Component Index edged up 1.25 percent and the ChiNext Index gained 2.72 percent.

Editor: Kim Taylor

Jun 24 03:47 PM
China Has Performed Over 90 Million Covid-19 Nucleic Acid Tests So Far
(Yicai Global) June 24 -- China has carried out 90.41 million Covid-19 nucleic acid tests on its citizens since the start of the novel coronavirus outbreak, according to the country’s health authority. Daily testing capacity has tripled from early March to 3.78 million tests, Guo Yanhong, an official at the National Health Commission, said today. Editor: Kim Taylor

(Yicai Global) June 24 -- China has carried out 90.41 million Covid-19 nucleic acid tests on its citizens since the start of the novel coronavirus outbreak, according to the country’s health authority.

Daily testing capacity has tripled from early March to 3.78 million tests, Guo Yanhong, an official at the National Health Commission, said today.

Editor: Kim Taylor

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