Some of the reports tabling Corona Virus Data for each country are also tabling the GDP and national debts.
People's Bank of China (PBoC), had bought a 1 percent stake in HDFC, India's largest housing finance company.
China has a $9 Trillion stock market - with $3 Trillion traded overseas - Singapore, Hong Kong and US market
Chinese IT firms are listed in US and Hong Kong stock exchange and not in Chinese A-share market.
Unlike the U.S., where information technology makes up roughly a quarter of the S&P 500® Index, IT represents only about 9% of the A-share market (Trading within China) because most Chinese technology firms are listed in the U.S. and Hong Kong.
For example: Huawei Semiconductor is listed in US and Hong Kong.
After the high-profile ban on it's parent Huawei Technologies Co. by US,
HS said it was de-listing from US due to considerations including limited trading volume and costs.
Hong Kong Other Tech companies, Hong Kong based are: Baidu (AI), Alibaba, Tescent (android - gaming).
(No idea how they are linked to Chinese government except for tax and HK bank accounts- ultimately linked to People's Bank of China (PBoC) - The Chinese Money Flow Cycle).
All these have nothing to do with the soft loans extended by PRC to Sri Lanka, Pakistan and some African nations. Since these countries are unable to pay the interests, they lease out land around their port cities for 99 years.
Wuhan based companies There is Dongfeng Motor Group, largest vendors for automobile parts in Asia - Suppliers to Indian auto industry.
Posted on 13 April 2020
Status to be reviewed after the Covid Wave sweeps out - say 3 months from now.
Edited by
jaish
on Mon 04/13/20 04:59 AM