Caixin

In Depth: Regulators Turn Blind Eye to Banned Zero Down Payment Property Deals

China’s developers are offering incentives to encourage home sales, some of which breach the rules, but in a depressed market regulators are being flexible

CSRC Sets Out Uplisting Obligations for Overseas OTC Companies

Regulator issues the clarification after Wetouch Technology failed to file a record of its uplisting in advance of moving to the Nasdaq stock exchange, sources tell Caixin

In Depth: EU Wind Power Probe Could Blow Chinese Expansion Plans Off Course

Subsidy investigation adds to the hurdles turbine-makers face, including challenges with funding and certification

May 17, 2024 05:26 PM
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Gallery: Beijing Welcomes Putin

Russian President Vladimir Putin landed in Beijing on Thursday afternoon for a state visit. The trip is the first overseas journey of his new term in office and his 23rd to China as Russia’s leader. So far, Putin has attended a grand welcome ceremony, met with President Xi Jinping and participated in activities celebrating the ‘China-Russia Culture Year’

May 17, 2024 07:01 PM

China’s Capital Loosens Work Permit Requirements to Attract Overseas Talent

Foreigners graduating from universities both home and abroad will no longer need to have two years of job experience to apply in Beijing

May 17, 2024 06:03 PM

Caixin Biz Roundup: Chinese Shipping Costs Spike, Cosco Defends Peru Port Rights

SAIC to share hybrid car tech with Volkswagen, GM; CATL partners with French shipping giant to explore electric ship collaboration

May 17, 2024 05:26 PM

Shanghai Composite Index Rose 1.01% on Friday

Shenzhen Component Index closed up 1.1%

May 17, 2024 03:03 PM

China Rebound Gets More Lopsided as Factories Hum, Shoppers Lag

Retail sales grew at the slowest pace since 2022 while industrial production accelerated, highlighting the unbalanced recovery of the world’s No. 2 economy

May 17, 2024 02:46 PM

Country Garden Begins Court Battle Against Liquidation Threat

The Chinese developer will make the case that it can come up with a plan for its debt obligations, months after a creditor filed a winding-up petition against it

May 17, 2024 02:32 PM

Baidu Revenue Slows After China’s Downturn Mars AI Push

The results underscore how the internet search leader is struggling to capitalize on its first-mover advantage

May 17, 2024 02:25 PM

JD.com Sales Quicken After Dangling Perks to Woo China Shoppers

The retailer’s results are seen as one of the key bellwethers of Chinese consumption, which has struggled to recover post-pandemic

May 17, 2024 02:24 PM

Update: China Removes Mortgage Rate Floor for Individual Homebuyers

PBOC lowers minimum down-payment ratio for first-time buyers to 15% and to 25% for second homes, statement says

May 17, 2024 02:09 PM

Weekly Must-Read: What’s in China’s Policy Toolbox to Tackle the Ballooning Housing Stocks

The Politburo wants to reduce China’s housing inventory and stimulate home sales. How will they do it?

May 17, 2024 12:04 PM

CX Daily: EU Wind Power Probe Could Blow Chinese Expansion Plans Off Course-China

China rolls out stricter rules for quant trading. Lithium-ion batteries are likely to be most affected by U.S. tariff hikes. Plus, more about Putin’s visit to China.

May 17, 2024 09:45 AM

Joint Task Group Formed to Devise Measures to Tackle China’s Property Slump

State Council to announce policy seeking to ensure the delivery of unfinished housing projects

May 17, 2024 06:05 AM

First ABS Managed by Insurer-Backed Asset Managers Debuts in Shanghai

$174 million issuance will bolster interest among insurance companies and help diversify the group of ABS investors, say experts

May 17, 2024 06:03 AM

Ex-Vice President of Agricultural Bank Under Graft Probe

Lou Wenlong investigated on suspicion of serious violations in law and discipline

May 17, 2024 05:55 AM

Xi and Putin Agree to Further Deepen Economic and Military Ties During State Visit

China and Russia commit to maintaining close high-level and civilian exchanges while seeking new channels of cooperation

May 17, 2024 05:48 AM

China’s First Special Bond Issuance Likely to See Solid Demand

Banks still have too much idle cash and liquidity is flush, so I presume the auction will see good demand, says Nomura analyst

May 17, 2024 05:30 AM

China Sells Record Sum of U.S. Debt Amid Signs of Diversification

With China selling dollar assets, amounting to $53.3 billion in the first quarter, its holdings of gold have risen

May 17, 2024 05:26 AM



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