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China Telcos Rally as Mainland Funds Buy Record Hong Kong Stocks

China Telcos Rally as Mainland Funds Buy Record Hong Kong Stocks Bloomberg 1/11/2021 Jeanny Yu and Felix Tam (Bloomberg) Having slumped under the weight of a U.S. executive order, China’s three major telecommunications companies are on the rebound in Hong Kong supported by a record inflow of mainland cash. Popular Searches Mainland traders bought a record HK$19.5 billion ($2.5 billion) of Hong Kong stocks through trading links Monday, according to data compiled by Bloomberg. China Mobile Ltd. led the gains for the country’s wireless majors, rising 5.8%. Its shares, along with those of China Telecom Corp. and China Unicom Hong Kong Ltd. declined last week as index firms said they’d remove them from their gauges to comply with U.S. sanctions, and the New York Stock Exchange said it would delist them.

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The Recorder - Quotable quotes of 2020: Part 2

Quotable quotes of 2020: Part 2 ILLUSTRATION BY ANDY CASTILLO ILLUSTRATION BY ANDY CASTILLO Published: 12/27/2020 3:15:08 PM Editor’s note: Here’s a collection of quotes harvested from the front pages of the Greenfield Recorder in 2020. This is the second of two installments. ■“This place is a beacon of joy for the community. Historically, ice cream is a simple little treat you can enjoy with the family.” Tim Bowen, co-owner of the Northfield Creamie, on the shop’s reopening. ■“I don’t think any of us could have possibly imagined graduation in the middle of a horse track, yet here we are.” Greenfield High School Senior Class President Kevin Chen, at the graduation ceremony held at the Franklin County Fairgrounds.

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Take a peek inside a $12M lakefront home in Penticton - Penticton News

Take a peek inside a $12M lakefront home in Penticton - Penticton News
castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.

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Peek inside this $12M lakefront dream home in Penticton (PHOTOS)

Penticton is often considered a quiet, sleepy town with long hot summers, favoured for its placement between both the Okanagan and Skaha lakes. And while it isn’t normally associated with luxury living, there are some absolute gems hidden within the town, like 587 Vancouver Avenue. This stunning architectural feat combines the kind of modern luxury you might find in the city with lakeside living in Penticton. Listed by Kevin Chen and Matt Zhang from Oakwyn Realty, designed by Chrissy Cottrell from Curated Home, and marketed by Luxe Design Studio, the home, which has been shortlisted for the 2020 International Interior Design Awards in multiple categories, is currently on the market for $12.8 million.

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China s champion chip maker checks if co-CEO still wants to work there

China’s champion chip maker checks if co-CEO still wants to work there A logo of Semiconductor Manufacturing International Corporation (SMIC) (REUTERS)Premium Xie Yu , The Wall Street Journal SMIC shares fell after reports one of its leaders planned to resign, which was news to the company, and MSCI moved to evict it from its indexes Share Via Read Full Story Shares of China’s top chip maker fell sharply Wednesday over uncertainty surrounding the possible departure of one of its two chief executives and MSCI Inc.’s decision to exclude the company from its indexes. In stock-exchange filings Wednesday, Semiconductor Manufacturing International Corp. said it had noted media reports that Co-Chief Executive Liang Mong Song was proposing to resign, and that the company had since become of aware of his “intention of conditional resignation but was now double-checking with him about his plans.

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