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Apr 17, 2024 04:51 PM
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Smart Cars, Smartphones, Smart Moves

Polestar Joins EV-Tech Crossover With Made-for-China Smartphone

Apr 24, 2024 03:25 AM

Fosun’s Fidelidade Intends to Carry Out an IPO in 2025

Portuguese insurer controlled by Fosun says IPO will be a ‘demanding process’ but will meet the expectations of shareholders

Apr 24, 2024 03:10 AM

Gallery: Record Downpours Deluge Guangdong

Over the past four days, as much as 20 inches of rain has fallen in areas of Guangdong province worst hit by flooding, National Meteorological Observatory data show. The record downpours caused the Beijiang River to break its banks, and inundated areas of cities including Qingyuan, Shaoguan and Zhaoqing. As of Sunday, four people had been killed in the flooding while 10 others were still missing. Authorities have evacuated 110,000 people and placed 25,800 in emergency shelters

Apr 23, 2024 07:08 PM

Analysis: Why China Should Kickstart Domestic Demand

Geopolitical tensions and a potential global economic slowdown mean overseas markets may do less to drive growth in future

Apr 23, 2024 04:19 PM

Surging Solar Demand Buoyed Silver Last Year

Demand from the solar panel industry jumped 64% to more than 193 million troy ounces, while overall global demand slipped for the first time since the onset of the pandemic

Apr 23, 2024 03:57 PM

Shanghai Composite Index Fell 0.74% on Tuesday

Shenzhen Component Index closed down 0.61%

Apr 23, 2024 03:03 PM

Daily Tech Roundup: Musk Hints Full Self-Driving Teslas on the Way in China

Tesla’s latest price cuts risk China earnings wipeout, Li Auto joins price war by offering major discounts

Apr 23, 2024 02:58 PM

UBS Lifts Chinese Stocks to Overweight in Rare Upgrade Call

Swiss bank cites resilient earnings and a growing focus on shareholder returns for its recommendation

Apr 23, 2024 02:51 PM

Bubble-Tea Maker Chabaidao Slumps 37% in Hong Kong’s Biggest 2024 Debut

The poor trading debut underscores the challenges that the city is facing in reviving investor confidence

Apr 23, 2024 02:35 PM

Chinese Property Tycoon Faces Payment Demands on Overdue Loans

Chen Hongtian, chairman of Hong Kong-based investment firm Cheung Kei Group, and his wife have received a demand for repayment on five overdue term-loan facilities totaling more than $100 million

Apr 23, 2024 02:03 PM

CX Daily: China’s Balancing Act to Keep Its Social Security System Afloat

The U.S. Secretary of State will make his second China trip in less than a year. Chinese shippers traveling through the Red Sea are ramping up security measures or seeking alternative routes. Plus, more about the flooding in Guangdong

Apr 23, 2024 08:06 AM

Shanghai Supermarket Chain Goes Bust As Business Slows

China’s slowing economy is forcing many consumers to cut back while others are turning to e-commerce

Apr 23, 2024 04:51 AM

Nonbank Payment Providers Get Five Years to Comply With New Rules

Guidelines clarify issues of concern in the industry and detail measures for complying with the new rules

Apr 23, 2024 04:43 AM

China’s Macro Leverage Ratio Rises to 294.8% Despite Slower Borrowing

China’s overall borrowing has been slowing down with total liabilities expanding only 8.8%, the lowest quarterly grown since 2001

Apr 23, 2024 04:37 AM

Aramco Seeks Hengli Petrochemical Stake in Push Into China

Saudi oil group sees demand for petrochemicals used in plastics continuing to rise despite the clean energy transition

Apr 23, 2024 04:26 AM

Tesla’s Latest Price Cuts Risk Wiping Out China Earnings

Disappointing sales are adding to a swelling inventory while Tesla’s stock has fallen 41% this year

Apr 23, 2024 04:21 AM

China’s SPBs Issuance Slows in First Quarter From Pandemic-fueled Spending Spree

Some put the slow pace of SBS issuance down to the unusual 1 trillion yuan sovereign fund bonds issued at the end of 2023 for infrastructure projects

Apr 23, 2024 04:15 AM



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