Discover and read the best of Twitter Threads about #shenzhen

Most recents (15)

[Trapped in the black hole -
After two-week detention in #China, still no update abt 12 HK #AsylumSeekers]

1. Only thing we know is they are all taken to detention centre in #Shenzhen & Chinese cops will decide whether to arrest them formally by Oct 1, according to #China’s law
2. But even after the arrest, there's still a huge question mark on when they will be prosecuted, put on trial and how long trial will last. Prosecution can be further delayed if Chinese prosecutors claim they need “supplementary investigation”. It will be like an endless tunnel.
3. Under #China's law, suspects can be released on bail. But in reality, especially when all the #asylumseekers may face further charges under #China's #nationalsecuritylaw and other criminal laws, the chance of bail is slim.
Read 6 tweets
#China stocks roar on, with #CSI300 up ~20% in little more than a week as (official) #margin debt climbs Y150bln to touch Y1.3 trillion - levels only seen in the peak months of 2015's madness.
Worth noting a rejection here could mean the Jan'19 formation is complete.
#SHFE #SHSZ
As the money floods into #China #equities, #bonds bear the brunt. Wealth Managers are the MOMO traders de jour "Our company's mixed products can have 60% allocations to #stock, but now we're at 70-80%. This is a normal phenomenon [sic]," said one.

#SHFE #SHSZ
This latest burst has also spared #CNY the ignominy of setting a new 12-year high above 7.18, instead pushing it briefly back through the talismanic 7.00 parity. Ergo, either locals are repatriating to get in on the action or Johnny Foreigner is being sucked into the move.
#FX
Read 14 tweets
As #Beijing prepares to impose a sweeping #NationalSecurityLaw formally invalidating core #1C2S protections, risks are mounting for #HongKongers & their future.

So I’m standing up a #HongKong #WatchFloor:

bit.ly/HongKongWatch

Stay tuned for updates!

andrewerickson.com/2020/05/the-ho…
The clock is ticking toward an unclear, but clearly worrisome, future for #HongKong.

To shine a spotlight on these critical issues, I’m standing up this virtual #WatchFloor.

I’ll improve & update it to the best of my ability, & welcome suggestions via andrewerickson.com/contact.
As #Beijing prepares to impose a sweeping #NationalSecurityLaw that in effect invalidates core #OneCountryTwoSystems-promised protections, risks are mounting for #HongKongers.

Under assault: some of their most cherished values & freedoms.

andrewerickson.com/2020/05/the-ho…

#1C2S#1C1S
Read 19 tweets
The Chinese city of #Shenzhen has passed a law completely banning all dog and cat meat in addition to other forms of more exotic wildlife, the sale of which has been prohibited in a new national regulation in #China following the #coronavirus emergency.
The #Shenzhen law stipulates heavy fines as punishment and appears to go further than the national regulation. The Humane Society said “the ban has been welcomed by long-time anti-dog meat trade campaigners... as a watershed moment in efforts to ban the trade across China”.
The Shenzhen law obviously also includes bats, pangolins and other wild animals already covered in the new national regulation. Thing is It goes further and bans the sale of dogs, cats and the like even if they’ve been bred for slaughter. #coronavirus #China #Covid19
Read 7 tweets
There are several pharmaceutical and Biotech companies working round the clock to develop #covid19 vaccine ... I will shed some light on what’s in pipeline on this thread ... 👇
1- #Favilavir, the first approved coronavirus drug in #China- The National Medical Products Administration of China has approved the use of Favilavir, an anti-viral drug, as a treatment for #coronavirus.
The drug has reportedly shown efficacy in treating the disease with minimal side effects in a clinical trial involving 70 patients. The clinical trial is being conducted in #Shenzhen, Guangdong province. According to Clinicla Trials Arena.
Read 19 tweets
#China struggled to reopen today- especially firms in the #globalsupplychain. Manufacturers dealing with a tangle of conflicting requirements that vary province to province, city to city. Most being asked to provide extensive prevention of #coronavirus before they can reopen.
#GuangdongProvince requires 4 steps:
1) set up prevention/control protocol 2) quarantine non-local/migrant workers
3) supply protective gear for all workers
4) conduct routine temperature checks/disinfection
Factories meeting demand can apply for approval from local authorities.
For those with factories in #Shenzhen, the city explains its application process here: sz.gov.cn/cn/xxgk/zfxxgj… #coronavirus
Read 14 tweets
Scattered picture emerging out of #China manufacturing sector on when factories reopen. Key points: don’t expect them to open on Feb 10 - initial date set by authorities. Expect inconsistency, overzealous local officials, & mask shortage to drag out restart in #globalsupplychain.
In #Guangdong Province, there is no official notice on when factories should reopen. However, many localities urging companies to stay shut until Mar 1. For eg., Lecong county in city of #Foshan encourages all companies not to resume work until Mar 1.
Police of Huangpu district in city of #Zhongshan posted on their social media WeChat account companies shouldn’t resume work before Mar 1 without permission.
Read 8 tweets
#Shenzhen health commission posts on social media that starting from Feb 8, 00:00, vehicles entering Shenzhen need to register online beforehand. Shenzhen to set up checks on all highways connected to city.
Registration required for: 1) vehicles with non Shenzhen plate, 2) Shenzhen plated cars that have been to or passed through epidemic areas 3) vehicles with non Shenzhen hukou drivers or passengers (i.e., those not from Shenzhen) 4) non-SZ hukou passengers in mid-large cars
Read 4 tweets
#China🇨🇳 has reported to WHO 139 new cases of the novel #coronavirus (2019-nCoV) in #Wuhan, #Beijing and #Shenzhen over the past two days.
This is the result of increased searching and testing for 2019-nCoV among people sick with respiratory illness.
For the first time, there are novel #coronavirus (2019-nCoV) cases reported outside of #Wuhan, within #China🇨🇳.
These cases were identified because of searching and testing for cases outside Wuhan.
WHO has provided advice to countries on how to identify people sick with the novel #coronavirus (2019-nCoV), how to care for them, and how to prevent spread.
Read 9 tweets
An #outbreak of 27 cases of unidentified viral #pneumonia in #China, including potential exposures at a local market, has drawn comparisons to the emergence of #SARS. But does the evidence support those concerns? #OutbreakThursday
outbreakobservatory.org/outbreakthursd…
#Wuhan Update- Jan 3: 44 cases of viral #pneumonia, incl 11 "critically ill." Monitoring 121 contacts. Still no evidence of person-to-person transmission or HCW infections & no identified cause. Conducting genetic and culture tests. #SARS #Flu #China
wjw.wuhan.gov.cn/front/web/show…
#Singapore has identified a #pneumonia patient with recent travel to #Wuhan. Preliminary tests are positive for #RespiratorySyncytialVirus (#RSV) & the patient is in isolation as a precaution. #China #SARS #Outbreak
bloomberg.com/news/articles/…
Read 52 tweets
🇨🇳 #China will cut export rebate rates to 13% and 9%, respectively, for exports that enjoyed 16% and 10% rebate rates in accordance with value-added tax cuts effective April 1, according to a statement from the Ministry of Finance.
*Link (Chinese): bit.ly/2Tr5h3o
🇨🇳 #China is extending a public holiday to get people to travel and spend more as the government pins its hopes on a vast consumer base to help cushion an economic slowdown - Reuters
reuters.com/article/us-chi…
🇨🇳 #China Regulator Says Financial Markets Can Open More Quickly - Bloomberg
bloomberg.com/news/articles/…
Read 167 tweets
🇨🇳 #CHINA Q3 GDP Y/Y: 6.5% V 6.6%E (slowest growth since Q1 2009)
*NBS spokesman Mao Shengyong said that the international situation was bringing “downward pressure” on China.
*Link: bloom.bg/2RVX1ZA
🇫🇷 🇪🇺 🇨🇳 French tire maker Michelin warned of declining sales in Europe and #China in the second half of the year, dragging down shares of its competitors in the U.S. and Europe - Bloomberg
*Statement: bit.ly/2EujhqH
🇺🇸🇨🇳🇪🇺 In a volley of filings, the EU, #China and the U.S. this week escalated disputes over new U.S. metals tariffs, the European response to those levies, and Chinese intellectual property practices - Bloomberg
bloomberg.com/news/articles/…
Read 634 tweets
Okay, I think I figured out what is Trump's ultimate game in this escalated US-China trade tensions and I think he will get it. Will share my thoughts in a thread soon! 😎
1) What is Trump's ultimate game? RECIPROCAL TRADE & INVESTMENT. Pissed off about higher tariffs vs the US & non-tariff barriers. Regarding #China 🇨🇳, doesn't like forced tech transfers, Chinese industrial overcapacity, gov subs. But how to get this? Investment+Trade policy
2)Implemented #taxreforms that impacts 50% of global FDI stock & favors US as a destination; USD2trn of REPATRIATION of funds, lower retained earnings of foreign affiliates; higher INVESTMENT in the US b/c of expensing, re-shoring of manufacturing. Basically, good for earnings💪
Read 25 tweets
1/ Layer about the WHERE and the WHY in Shenzhen, related to the #qanon drop. #Qanon #Qanon8chan #shenzhen #sse #WWG1WGA @prayingmedic @lisamei62 @realdonaldtrump
2/ The Shenzhen Stock Exchange was designed by OMA bureau [Rem Koolhaas / Shohei Shigematsu] as an upside down cross. #Qanon #Qanon8chan #shenzhen #sse #WWG1WGA @prayingmedic @lisamei62 @realdonaldtrump
archdaily.com/435778/shenzhe…
3/ Rem Koolhaas of OMA also made the design for MAI, Marina Abramovic Institute; partly crowdfunded but not realized; backers wont be refunded. archdaily.com/883685/marina-… #Qanon #Qanon8chan #shenzhen #sse #spiritcooking #WWG1WGA #abramovic @prayingmedic @lisamei62 @realdonaldtrump
Read 23 tweets

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