CHINA People's Daily Tonight: Podcast News (7/9/2018 Mon.)


People's Daily Tonight: Podcast News (7/9/2018 Mon.)

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20:10, July 09, 2018


This is People’s Daily Tonight, your news source from China.


China to allow foreigners to open A-shares securities accounts


China moves to ease restrictions on foreign retail investors in A-shares.

It’s a move to further open up the financial sector.

China’s securities regulator said it will allow foreign nationals working in China and foreigners working overseas for A-shares listed companies to open stock trading accounts.


41 dead, 11 missing after boats capsize in southern Thailand


The death toll from a tourist boat accident off Phuket, Thailand rises to 41.

Authorities say 11 others remain missing.

They say five of the 11 are alive, but it’s unclear if they got on the boat.

The boat Phoenix capsized in rough waters on Thursday.

It was carrying 93 Chinese tourists and 12 Thai crew and tour guides.

It was one of Thailand’s worst recent accidents.


Train derailment after rains in Turkey kills 24


Twenty-four people are killed after a train derails in Turkey.

Local media reported that the train derailed on its way to Istanbul.

The train was carrying 362 passengers.

Investigators say recent heavy rain caused the ground beneath the track to erode away.

124 people remain hospitalized.


2nd phase of rescue operations for trapped Thai boys underway: official


Divers have begun the second phase of operations to rescue a Thai youth soccer team trapped in a flooded cave in Thailand.

This, after the first four boys rescued were found healthy as they recovered at a hospital.

The dangerous bid to rescue the boys resumed after a break Sunday night to replenish oxygen supplies and make other preparations deep inside the cave complex.

Authorities say the mission could take three or four days.


Britain's Brexit minister David Davis steps down: reports


Britain's Brexit minister resigns.

David Davis’s resignation comes two days after the cabinet approved a plan to retain strong alignment with the European Union even after leaving the bloc.

His resignation will be a blow to Prime Minister Theresa May.

That’s because she’s trying to win over Brexit hardliners in her own Conservative Party ahead of a fresh round of negotiations with Brussels this month.

Davis was reportedly a staunch eurosceptic.


Fuxing bullet train to run at 350 kph on Beijing-Tianjin route


China's railway operator says Fuxing bullet trains running on the Beijing-Tianjin intercity route will travel at speeds of up to 350 kilometers per hour starting August 8.

On August 1, 2008, with the first high-speed train designed to travel at speeds of up to 350 kph, the Beijing-Tianjin intercity railway was officially opened.

It took less than 30 minutes from the Beijing South station to the Tianjin Station.


Xiaomi shares slid 2.39 pct in Hong Kong Stock Exchange debut 


And Chinese smartphone maker Xiaomi begins trading on the Hong Kong Stock Exchange on a sour note.

Its opening price of 16.60 Hong Kong dollars was below the initial public offering price of 17 Hong Kong dollars.

The company had to price its shares at the low-end of a range after trimming its offer size.

The company CEO says it’s the long-term stock performance that matters.


And that’s People’s Daily Tonight.  Thanks for joining us.

(Produced by David Nye, Wang Yi and Zhao Dantong)

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