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Citic Securities Downsizes IPO Team as Business Slows

After years of rapid growth, the investment banking division of China's largest brokerage house

Automaker’s Solid-State Battery Claim Hits Wall of Skepticism

Industry experts take issue with assertion from IM Motors’s CEO that its L6 sedan will have a fast-charging battery capable to traveling 1,000 kilometers on a single charge

Mar 15, 2024 04:53 PM
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Exclusive: Citic Executive Joins China’s Exim Bank as Vice President, Sources Say

Wang Kang held several roles at state-owned financial conglomerate Citic Group and its subsidiaries, including chief financial officer of Citic Bank

Mar 28, 2024 06:20 PM

Chinese Stocks Erase March Gains After Downbeat Earnings

The benchmark CSI 300 Index slipped 1.2% Wednesday, closing below the level set on the last trading day in February

Mar 28, 2024 03:08 PM

Shanghai Composite Index Rose 0.59% on Thursday

Shenzhen Component Index closed up 1.31%

Mar 28, 2024 03:03 PM

Xiaomi’s $8 Billion Rally at Stake as Costly EV Bet Makes Debut

The smartphone giant will start selling its SU7 series in China, the result of a $10 billion foray into unfamiliar and intensely competitive market

Mar 28, 2024 02:52 PM

Daily Tech Roundup: Alibaba Scraps Logistics Arm IPO

Tsingshan unit plans Indonesian battery plant as trade frictions mount, China Resources pays $1.6 billion for control of chip packaging giant

Mar 28, 2024 01:49 PM

CX Daliy: China IPO slowdown pits startups against investors

Two of China’s largest cities revise a housing policy. The country’s central bank appoints a new deputy governor. Plus, Beijing pushes Pakistan to hunt down “terrorists” after a bombing kills five Chinese

Mar 28, 2024 10:52 AM

Beijing Scraps Homebuying Curbs on Divorcees in Further Easing Move

City makes a further move to ease restrictions on home purchases in a bid to boost the real estate market

Mar 28, 2024 05:22 AM

Veteran China Investor Calls for Abolishing Property Curb

Shan Weijian of PAG says home-buying limits ‘add frost to snow’

Mar 28, 2024 05:11 AM

Astra to Split Drug Production Along China-US Fault Lines

UK pharma giant to ensure U.S. and Europe get drugs made outside China while China gets drugs made at home

Mar 28, 2024 05:08 AM

China’s Central Bank Appoints New Deputy Governor

PBOC promotes Tao Ling, a veteran official, as its fifth deputy

Mar 27, 2024 07:19 PM

Saudi Aramco Eyes Cooperation With China Beyond Just Oil

Chemicals, green materials, energy transition, and digital innovation are potential areas for future investment, said Amin Nasser, president and CEO of the Saudi oil giant

Mar 27, 2024 08:26 PM

Mercedes-Benz CEO Reaffirms Commitment to Going Electric

German automaker is making adjustments to its factories, with the goal of offering customers a line-up of fully electric and hybrid models by 2030

Mar 27, 2024 08:10 PM

Chinese Hospital Association Removes Missing Vice President

Fang Laiying, a retired senior health official from Beijing, was booted by the CHA after nearly 10 months out of the public eye

Mar 27, 2024 08:03 PM

Smaller Chinese Banks Trim Deposit Rates to Protect Profit Margins

One Guangdong province-based bank lowers rate on five-year time deposits to 2.5% from 2.7% as expectations grow for a continued decline in loan rates

Mar 27, 2024 08:02 PM

Gallery: Spicy Hotpot Fires Up the Crowds

The popularity of the dish known as ‘malatang’ in Tianshui, Northwest China’s Gansu province, has reached fever pitch, attracting hordes of tourists from all over the country. Local tourism authorities arranged free shuttle buses to cope with the influx of people, with major attractions in the city recording a significant uptick in visits

Mar 27, 2024 07:53 PM

Beijing Pushes Pakistan to Hunt Down ‘Terrorists’ After Bombing Kills Five Chinese

Foreign ministry urges South Asian nation to thoroughly investigate the attack, which struck a bus carrying Chinese workers

Mar 27, 2024 07:43 PM

Hong Kong Scheme to Lure Talent Attracts Tens of Thousands From Mainland

By the end of February, around 44,000 people had arrived under the Top Talent Pass Scheme since its launch in December 2022, along with more than 46,000 dependents

Mar 27, 2024 05:28 PM



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