Fraser Howie, director at Newedge Singapore, says the PMI data reveals China is "in a bit of a rut" and that the government has a "horrible problem" as it can't bring out too much stimulus.» Read More
BEIJING, April 23- China shares fell on Wednesday, with sentiment bogged down by a preliminary survey showing Chinese manufacturing activity contracted for a fourth straight month in April.
SHENZHEN, China, April 23- China's Huawei Technologies Co Ltd, the world's No.2 telecoms equipment maker, on Wednesday shrugged off analysts' concerns that its growth will suffer from media reports alleging the United States accessed servers at its Shenzhen headquarters.
*Yuan may test 6.25/ dollar if midpoint fixed weaker again. SHANGHAI, April 23- China's yuan hit a 16- month low against the dollar on Wednesday as companies bought dollars to hedge long yuan positions, amid intensified market anticipation that the yuan's recent weakness will last longer than previously expected.
*China Mobile shares down on weak Q1 results. BEIJING, April 23- Hong Kong shares eased on Wednesday, hurt by a sell-off in telecoms shares after the mainland's biggest carrier China Mobile posted its third straight quarterly decline in profits.
*China factory activity shrinks for 4th month- HSBC. SINGAPORE, April 23- Nickel raced to its highest level in more than 14 months on Wednesday as tighter supplies kept the rally going in the metal that has gained a third this year, while a sustained contraction in China's factory activity weighed on copper.
BEIJING— China Mobile Ltd., the world's biggest phone carrier by number of subscribers, said Wednesday its quarterly profit declined 9.4 percent from a year earlier despite a rise in customer numbers as spending per account declined.
Todd Elmer, Currency Strategist at Citi, discusses whether the currency's sharp drop following weaker-than-expected quarterly inflation data was justified.
BEIJING, April 23- China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown.
HONG KONG— Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey on Wednesday said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.
Zhang Zhiwei, Chief China Economist at Nomura, says April's China's HSBC flash PMI figure is better than expected, but warns investors not to read too much into it.
As Tesla's Model S finally makes its way to China, CNBC's Eunice Yoon discusses the challenges ahead to get the country's infrastructure up to speed with the car's technology.
Mark Konyn, CEO of Cathay Conning Asset Management, says China's economy has been "more sluggish than most have expected."
Trip Chowdhry, Managing Director, Global Equities Research, describes how Tesla's entry into China will benefit both the automaker and Chinese consumers.
Paul Gruenwald, Chief Economist, Asia Pacific at Standard and Poor's Ratings Services, calls China's latest triple-R cut for rural banks a form of "modest monetary easing."
Michael Auslin, Resident Scholar and Director of Japan Studies at the American Enterprise Institute, discusses whether Japan's military push will eclipse the trade agenda during Obama's visit.
Conrad Saldanha, Manager, Emerging Markets Equities Fund at Neuberger Berman, says while Beijing's GDP will remain high, growth on a percentage basis will decline.
Jason Moser, Analyst at Motley Fool, expects Yum Brands' improved business operations in China to help the firm outperform McDonald's in 2014.
KFC parent Yum Brands on Tuesday said first-quarter sales at established restaurants in China, its top market, rose 9 percent.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are looking for a catalyst to get back on the long side of gold.
*Chlorine not declared by Syria to chemical weapons watchdog. BEIRUT, April 22- Chlorine gas attacks in Syria this month, if proven, expose a major loophole in an international deal to remove chemical weapons from the war-torn country and suggest chemical warfare could persist after the removal operation has finished.