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Google Business NewsJul 04, 2020
At UN Human Rights Council, 53 countries back China's draconian Hong Kong crackdown - Fox News
At UN Human Rights Council, 53 countries back China's draconian Hong Kong crackdown  Fox NewsHong Kong officials 'very disappointed' at Canada's move to suspend extradition pact  CNBCWhat China's new security law means for Hong Kong  Guardian NewsChina extends its reign of random fear  The Washington Post

The Motley FoolJul 04, 2020
Why Shares of iQiyi Rocketed 39.8% in June
The "Netflix of China" surged on rumors of a buyout by an even larger rival.

Google Business NewsJul 04, 2020
China rebukes Canada over criticism of Hong Kong security law - Reuters
China rebukes Canada over criticism of Hong Kong security law  ReutersHong Kong officials 'very disappointed' at Canada's move to suspend extradition pact  CNBCControversial security law takes effect in Hong Kong  CBS NewsChina extends its reign of random fear  The Washington Post

Yahoo BusinessJul 03, 2020
Fuel Cell Stock Rallies to 17-Year High After China Order
(Bloomberg) -- Shares of Ballard Power Systems Inc. rallied to a 17-year high after the company announced a $7.7 million order from China.The Vancouver-based hydrogen fuel-cell maker jumped as much as 8.3% to its highest since December 2002 after the receiving a purchase contract from Guangdong Synergy Ballard Hydrogen Power Co., a 10%-owned joint venture located in China.The company's technology currently powers over 650 electric buses and more than 2,200 electric trucks in China, according to Alfred Wong, managing director at Ballard."This follow-on order from the Synergy-Ballard joint venture is an important indicator of the continued progress and market demand for Ballard fuel cell technology," Wong said in a statement Thursday. "We expect to see high adoption of fuel cell electric vehicles in China."Ballard is the second-best performing stock on Canada's benchmark S&P/TSX Composite Index this year with a 165% rally, pushing its market value to almost C$6 billion ($4.4 billion) amid burgeoning speculation that wide-scale adoption of hydrogen fuel cells may at long last be around the corner."We believe Ballard fuel cell technology will offer a compelling value proposition, including high reliability and durability," Wong said in the company statement.(Updates to add value of contract in first paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


Yahoo BusinessJul 03, 2020
Alibaba Isn't Just a Play on Social and Political Stability
When the novel coronavirus first rippled across China, I had extremely pessimistic thoughts about Alibaba (NYSE:BABA). Given our globalized societies, it was only a matter of time before the outbreak would spread across the world. Of course, this would place a very negative light on China, which would then impact its flagship Alibaba stock.Source: Nopparat Khokthong / Shutterstock.com Sure enough, China did come under pressure. Not surprisingly, President Trump has been the most vocal against the world's second-biggest economy, criticizing it at every opportunity. At his campaign rally in Tulsa, Oklahoma, Trump mockingly called the virus "kung flu," drawing intense uproar from minority rights advocates. As well, the President has consistently referred to the coronavirus as the "Chinese virus."To be fair, he's not the only one with harsh words. For instance, Japan's deputy prime minister and finance minister, Taro Aso, stated that some people have begun to refer to the World Health Organization as the Chinese Health Organization. With the international community doubling down on their anti-China sentiments, the situation didn't look great for Alibaba stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, as time went on, China's relative strength began to show. Now, what once was a disaster waiting to happen looks like the best block in the worst neighborhood.Primarily, China has none of the political or social challenges that currently plague the U.S. For example, we all know who will be in

FT.com - USJul 03, 2020
China services index hits 10-year high in sign of recovery
Chinese stocks highest in five years on figures but unemployment still dogs economy
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