CX Daily: Chinese Mainlanders Rush to Macao for mRNA Vaccinations
The situation on the China-India border is “generally stable,” China’s Foreign Ministry says
Covid-19 /
Chinese mainlanders rush to Macao for mRNA vaccinations
Chinese mainland residents are rushing to Macao to get BioNTech’s messenger RNA-based Covid-19 vaccines as infections surge amid the government’s easing of pandemic controls.
Mainland tourist Ni Lin (an alias) went to the hospital of Macao University of Science and Technology Saturday, the last day of his visit to Macao, to receive the mRNA vaccine, also known as Comirnaty. He said more than 100 mainland tourists got the shot the same day, and many of them flew to Macao just for that purpose.
MRNA vaccines, led by products developed by Pfizer-BioNTech and Moderna, are not approved in the Chinese mainland, even though they are widely used around the world.
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FINANCE & ECONOMY
Crypto /
Hong Kong readies crypto futures ETFs for retail investors
CSOP Asset Management Ltd. is set to list Hong Kong’s first exchange-traded funds (ETFs) tracking cryptocurrency futures.
Two funds set to be launched on the local bourse will make them the first Bitcoin and Ether futures-linked ETFs listed in the Asian financial hub, according to a press release by the Hong Kong-based asset manager. The CSOP Bitcoin Futures ETF and the CSOP Ether Futures ETF will begin trading Friday.
China-India /
China calls India border situation ‘generally stable’
The situation on the China-India border is “generally stable” and the two sides are in communication, China’s Foreign Ministry said Tuesday following a clash along the disputed Himalayan frontier.
China and India have “maintained smooth communication on boundary-related issues through diplomatic and military channels,” said Wang Wenbin, a spokesperson of the ministry, at a regular briefing.
Quick hits /
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BUSINESS & TECH
Attendees mill about at the Guangzhou International Automobile Exhibition in November 2019. Photo: VCG
Autos /
Delayed Guangzhou Auto Show to go on, despite exhibitor pullouts
The Guangzhou Auto Show, one of China’s three largest auto shows, has been rescheduled for late December despite some exhibitors deciding to showcase new models elsewhere and lingering questions about what size audience it can attract amid ongoing Covid-19 outbreaks.
The Guangzhou International Automobile Exhibition, also known as Auto Guangzhou, is now set to go ahead from Dec. 30 to Jan. 8, its organizer said Tuesday, following five weeks of delays caused by the city government’s tightened requirements to curb a flare-up in Covid-19 cases. The event had originally been scheduled to take place from Nov. 18 to Nov. 27.
Property /
Longfor gets $101 million of offshore loans from Bank of China
Longfor Group Holdings Ltd. became the first Chinese property developer to receive offshore loans from a state-owned bank as part of the government’s array of efforts to bolster the long-troubled real estate sector.
Bank of China, one of China’s four largest state-owned banks, offered 700 million yuan ($100.8 million) of offshore loans to Longfor. The funds were drawn down Dec. 9 to meet the developer’s liquidity needs, the lender said.
Quick hits /
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Long Read /
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GALLERY
Farewell to beloved journalist Zhang Jin
