Shares in mainland oil refiners fell yesterday on speculation Beijing will from this month stop giving value-added-tax rebates on crude oil imports to China Petroleum & Chemical Corp (Sinopec) and PetroChina.
Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong called for a review of the city's financial stability arrangements, including extending the liquidity mechanism...
Beijing may raise on-grid power tariff two more times this year after an increase implemented on Tuesday to help power plants pay for surging coal costs, according to an executive at a key mainland power producer.