The low-cost carrier said that it would spend 846 million yuan (3 million) to acquire 1.63 percent of China Southern's A-share nonpublic offering, making it the fifth largest shareholder in the airline. In a notice, China Southern said six other investors have also subscribed to the nonpublic offering, including parent China Southern Air Holding Co, China National Aviation Fuel Group Ltd and China Life Asset Management Co Ltd.
The long-term aim is to mass produce driverless cars by 2020, according to earlier company statements.
The local government set up a 100 million yuan fund to support cross-border e-commerce platforms, build warehouses and logistics systems, train professionals and improve financial services.
The mainland onshore bond market comprises the exchange-traded bond market, regulated by the securities watchdog, the China Securities Regulatory Commission, and the interbank bond market, regulated by the PBOC, which is significantly larger and more liquid. In February, the State Administration of Foreign Exchange said it will allow foreign institutional investors to access foreign exchange derivatives in the onshore market to hedge their onshore bond positions.
The market has been spooked by the possibility that the coronavirus will disrupt supply chains and cause extensive economic damage. An economic slowdown would make many stocks overpriced.
The leaders of both sides had reached a consensus on deepening China-Vietnam comprehensive strategic cooperation partnership and witnessed the signing of a series of cooperation agreements.
淮北为什么会得肛周脓肿
The manager, Xiong Zhuang, said he wished to thank soldiers for their help and that Wuhan people felt more assured as they saw troops coming there.
The logo of credit rating agency Moody's Investor Services. [Photo/Agencies]
The managing director said the adoption mainly targets the groups of Chinese tourists and Chinese customers who reside in Germany.
The long-awaited trading program between the Shanghai and London stock exchanges has entered the final phase of preparations, with testing taking place since the beginning of the week.