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In Depth: Geely Auto Comeback Gets Into Gear as EV Sales Soar

After two years chasing EV-maker BYD, the legacy car manufacturer took the lead in January, selling more than 210,000 vehicles including around 65,000 electric cars

Shanghai Prime Office Vacancies Hit Near 20-Year High

The vacancy rate of grade-A office buildings in the city reached 20.9%, up 1.1 percentage points from the previous quarter, according to CBRE

In Depth: China’s Insurers Scale Back High-Yield Investment

Long-running real estate crisis and increasing risks in local government debt make insurance asset managers more cautious about debt of developers and LGFVs

Apr 17, 2024 04:51 PM
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Country Garden Bondholders Agree to Extensions After Missed $22 Million Payment

A continued slump in sales leaves bondholders doubtful they'll get further payments despite the extension

Apr 26, 2024 05:47 PM

Energy Insider: Wind Turbine Exports Soar, Top Legislature to Review Draft Energy Law

Construction of Tesla Shanghai plant to begin, East China’s Changzhou aims to be ‘new energy capital,’ Chinese nuclear power generation hits 440 terawatt-hours

Apr 26, 2024 04:03 PM

Singapore Chipmakers See Growth Wave Amid Generative AI Boom

The Southeast Asian country is poised to become a critical supplier and processing node for semiconductors that can handle the technology’s vast computing and memory needs

Apr 26, 2024 03:44 PM

Commentary: We Need to Restart the Economic Growth Engine — but This Time, It Must Work for All

New ways of measuring growth, reviving global north-south collaboration and investing in the foundations of future prosperity are key to reducing inequality

Apr 26, 2024 03:44 PM

Shanghai Composite Index Rose 1.17% on Friday

Shenzhen Component Index closed up 2.15%

Apr 26, 2024 03:03 PM

Huawei’s New Phone Sports Latest Version of Made-in-China Chip

The Pura 70 series uses the Kirin 9010 processor — a newer version of the controversial 7-nanometer chip produced by SMIC for Huawei last year

Apr 26, 2024 01:33 PM

Tor Investment Raises $310 Million for Asia Private Credit Fund

The spillover from China’s property crisis is creating opportunities across Asia, with demand for financing emerging in data centers, logistics and renewables, co-founder says

Apr 26, 2024 01:31 PM

Daily Tech Roundup: Xiaomi Sees Annual Car Deliveries Hitting 100,000, Geely Auto’s Comeback Gets Into Gear

TikTok promises to fight on in face of U.S. ban threat, BYD-backed Horizon unveils next-gen auto chips

Apr 26, 2024 01:23 PM

Battery Giant CATL’s Newest Pack Can Power Cars Even Further

The industry leader says its Shenxing Plus can power a car up to 370 miles on a 10-minute charge

Apr 26, 2024 01:22 PM

CX Daily: Geely Auto Comeback Gets Into Gear as EV Sales Soar

HKEX appoints Carlson Tong as its new chairman. Shanghai’s prime office vacancies hit near 20-year high. Plus, Bank of China ex-chairman pleads guilty to taking over $16 million in bribes

Apr 26, 2024 07:34 AM

Xiaomi Expects Annual Car Delivery to Reach 100,000

SU7, Xiaomi’s electric vehicle, secured more than 75,700 orders in the 28 days since its launch

Apr 26, 2024 04:05 AM

ICBC Qinghai Sets up People’s Armed Forces Department

Bank reserves take on new meaning with formation of a corporate militia to fulfill national defense obligations

Apr 26, 2024 03:58 AM

Court Rules a Person Has Rights Over Use of Their AI-Synthesized Voice

Companies fined for generating an AI version of actor’s voice without his knowledge as court establishes precedent

Apr 26, 2024 03:44 AM

Morgan Stanley Reorganizes Asia PE Team After Senior Departures

Bank is to optimize its investing footprint by combining its onshore and offshore China-focused investing teams

Apr 26, 2024 03:39 AM

Korea Overtakes China With Record Corporate Dollar Bond Offerings

The bond rush comes as more South Korean companies are tapping dollar markets to fund overseas expansion

Apr 26, 2024 03:34 AM

BYD-Backed Horizon Robotics Unveils Next Generation Auto Chips

The Journey 6 series processors will go into mass production later this year, and carmakers including BYD, VW and Li Auto have signed up to use them, the company said

Apr 25, 2024 08:28 PM

PDD Loses Appeal in Unfair Competition Ruling Against Alibaba’s Logistics Arm

A Zhejiang court has ordered the e-commerce giant to compensate Alibaba’s logistics arm Cainiao Network 5 million yuan, bringing an end to a legal spat that began in 2022

Apr 25, 2024 08:15 PM



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