If the British government removes a Chinese nuclear energy company from power projects it could have a "domino effect" and damage the United Kingdom's reputation as a credible global partner, experts said.
China shuts down nuclear power reactor for safety reasons mercopress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mercopress.com Daily Mail and Mail on Sunday newspapers.
S&P Dow Jones, FTSE Russell To Remove Several Chinese Companies From Their Indices To Comply With U.S Investment Ban On Firms Linked To Chinese Military
by Swarajya Staff - Jul 9, 2021 10:33 AM
FTSE Nasdaq
Snapshot
S&P Dow Jones and FTSE Russell will remove several Chinese companies from their indices to comply with an executive order passed last month by U.S President Joe Biden that prohibits investment in businesses believed to have ties to the Chinese military.
The removals will force global fund managers to rebalance their investment allocations that mirror the indices, dropping the businesses that are no longer part of those benchmarks. In the first six months this year as many as 36 Chinese companies received a total of US$12.6 billion in their initial public offerings.
Energy Insider: Baowu Steel Prepares for Mixed-Ownership Projects; First Hydrogen Heavy-Truck Fleet in Operation
In today’s Caixin energy news wrap: More than 59 billion kilowatt-hours of electricity were delivered from China’s remote Xinjiang region to 20 provinces; Guangzhou Development signs long-term LNG purchase agreement with BP Singapore; and the world’s largest steelmaker is mulling inviting more private investors.
Baowu Steel plans 41 mixed-ownership projects
China Baowu Steel Group Co. Ltd., the world’s largest steelmaker, plans to launch 41 projects under the so-called mixed-ownership reform to invite private investors into its subsidiaries, according to Zhu Yonghong, the company’s chief accountant. The plans will include five of Baowu Steel’s listed units. The steelmaker will also set up two new joint ventures with investors. China has been promoting mixed-ownership restructuring among state-owned enterprises in hopes of bringing in fresh investment and ma
Forum: La Chine admet un incident mineur dans sa centrale nucléaire de Taisha abcbourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abcbourse.com Daily Mail and Mail on Sunday newspapers.