Seazen was China's eighth-largest developer when its chairman was detained in 2019 for sexually assaulting a nine-year-old girl. Nine months since his imprisonment, Wall Street firms leading the global charge on environmental, social and governance matters still remain investors: https://t.co/U4uJkzxKgq
Even after Seazen founder Wang Zhenhua’s imprisonment for child molestation, BlackRock, Pimco and others own the company’s bonds. Such examples make socially conscious investor messages sound like lip service: @ywchen1https://t.co/A539KnqJ1khttps://t.co/KLUe6aW6JI
CHINA WILL STRENGTHEN CONTROLS ON THE RAW MATERIALS MARKET TO HELP LIMIT COSTS FOR COMPANIES THAT HAVE BEEN PRESSURED BY A SURGE IN COMMODITY PRICES, CHINA NATIONAL RADIO REPORTED, CITING PREMIER LI
Chinese property conglomerate Evergrande plans to list its online market for flats and cars. Unlike rival Ke, the unit has grown by taking stakes in its customers, mostly small real estate agencies, and giving them equity. It’s a troubled model: https://t.co/T6SELwfljx@ywchen1https://t.co/EkSbuOg5kc
China short-video app Kuaishou made more money from advertising than live-streaming for the first time last quarter, and e-commerce revenue popped. Expense growth slowed. That helps cushion a worrying fall in streaming revenue per user: https://t.co/Sm13kfxHIJ@ywchen1https://t.co/AUX7KloamG
Here is the moment when the previously icy talks between China And the US almost melted down— after a series of pointed statements from each side & both trying to have the last word. The press were ushered out but the Chinese wanted to respond. @jakejsullivan@SecBlinkenhttps://t.co/842naeVIDx
Great read. I first heard about Yeadon on Chinese social media, which shows how far his claims have travelled. Who is he? Here's the backstory: https://t.co/6PqzlLQrRJ
Michael Yeadon, an ex-Pfizer executive who co-founded a biotech firm, became a skeptic of COVID-19 vaccines. The anti-vaxxer movement has used his views to spread doubt about the shots that could help end the pandemic. @stecklow@AndyMacaskill report https://t.co/onMpxNBy6G
Beijing this morning (pic from a friend). Looks like air quality has dropped recently despite the annual national parliament meeting this week. Seems to be a break with tradition? What happened to the "lianghui blue" (typical blue sky during the NPC)? https://t.co/opqNVZ5VLr
China won’t sweat meeting its 6% GDP growth target this year given 2020’s low base plus ample fiscal support. The low bar gives President Xi Jinping room to keep up pressure on bad debt and crack down on misbehaving industries. @ywchen1https://t.co/q6vzVSSUPihttps://t.co/J9JCMZitdd
Home offices risk a diversity disaster: Women are likely to embrace flexible work policies offered in the post-Covid-19 new normal. If mismanaged though, the intended benefit could threaten their prospects for promotion. @KatrinaHamlinhttps://t.co/5SrTAg3q8bhttps://t.co/CEmHNCdCLe
One risky signal is that Asia is held to lower standards. BlackRock funds not only hold equity in Seazen, but one of the largest stakes in its eurobonds, according to the latest disclosures available for 13 issuances. Pimco and Fidelity also were among the biggest debt investors.
If anyone has videos/images in #Myanmar shot by themselves or videos you want me to see, you are more than welcome to DM me. It’s always open and your safety will be a priority. We are trying to cover the #Myanmarcoup as best as we can. #WhatsHappeningInMyanmar
There is cause for optimism that the People’s Republic will deliver. Giant SOEs are getting an opportunity to rebrand. But investors should also remember how sweeping capacity cuts to polluting industries implemented in 2016 caused many small producers to collapse. My latest: https://t.co/Idw0jygHHT
Just took a test (gave a speech abt myself) in Cantonese! Studying a new language is like learning to appreciate a new genre of music, piecing together a giant jigsaw with thousands of pieces, or going for a tough hike. It's quite an aesthetic experience.