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China Market Intelligence

Timely, relevant and actionable information and analysis on China

Live feed: #General

Daily Wrap: Premier Li to visit Germany, Belgium
Posted on Tuesday May 23, 2017

Premier Li Keqiang is about to set off for an official visit to Germany and Belgium from May 30 to June 2. Li is scheduled to attend a series of activities in Brussels, including a China-EU business summit, a China-EU dialogue on innovation cooperation, a MoU signing ceremony on cooperating among small and medium-sized enterprises, and activities related to the China-EU year of tourism. Shanghai Composite Index dipped 0.45% to 3,061.95, Shenzhen Component Index fell 1.37% to 9,763.78, CSI 300 was up 0.38% to 3,424.19, and ChiNext Price Index dropped 2.70% to 2,265.19. Hang Seng Index gained 0.05% to 25,403.15.

Live feed: #Finance

CCB to Open Branch in Poland
Posted on Tuesday May 23, 2017

China Construction Bank (CCB) [0939:HK] has received approval to open a branch in Warsaw, Portland on May 22. The branch will be tasked with facilitating trades between China and Poland, and China and Europe. Its services will go beyond Poland, covering central and eastern Europe.

Live feed: #Tech

DJI to Require Registration for Full Functions
Posted on Tuesday May 23, 2017

Shenzhen-based drone maker DJI will require users go through a “new application activation process” according to its official website on May 23. The step will be effective at the end of next week. If the users do not go through the step, DJI will block certain functions of the drone; for example, camera streaming will be disabled and flight range will be shortened.

Live feed: #Consumer

China, Russia Sets Up Commercial Jet JV
Posted on Tuesday May 23, 2017

The Shanghai-based China-Russia Commercial Aircraft International Co (CRAIC), a jet JV formed by Commercial Aircraft Corp of China (COMAC) and Russia’s United Aircraft Corp (UAC), has finished registration and received a license to operate according to Sina on May 22. The JV will mainly focus on co-developing and producing wide-body commercial aircraft.

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