Government efforts to stimulate the sector have fallen short, forcing localities to turn to stronger measures
Jun 30, 2022 09:30 AMHong Kong and the Chinese mainland will launch the ETF Connect program July 4. Nio denies claims of inflating its revenue and profit
Jun 30, 2022 09:12 AMPublic health policymakers making adjustments for evolving virus slash quarantine requirements while retaining ‘zero-Covid’ strategy
Jun 30, 2022 07:40 AM‘At-the-market’ offering in U.S. will raise funds for EV technologies, new-model design and replenishing working capital
Jun 30, 2022 06:10 AMPBOC research shows rising pessimism as Covid lockdowns push up unemployment and discourage consumer spending
Jun 30, 2022 03:41 AMEconomic disruptions from pandemic controls whack tax revenues, forcing governments to cut bonuses and lower compensation by 20%–30%
Jun 30, 2022 03:30 AMCNOOC aims to top out greenhouse gas emissions by 2028 and hit net-zero by 2050 in acceleration of climate goals
Jun 30, 2022 03:22 AMRestaurants in Shanghai reopened their doors to diners on Tuesday after being closed for more than three months during the city’s strict lockdown. The return of dine-in services brings some relief to restaurant owners, who have had to survive off takeout business since March. Shanghai started to lift its Covid restrictions on June 1
Jun 29, 2022 09:07 PMThe electric-vehicle maker’s shares slid more than 11% on Wednesday after a report from short-seller Grizzly Research claimed sales to a related company juiced its numbers
Jun 29, 2022 08:56 PMShares of Trip.com and other big names in Chinese tourism rise by 10% or more over the last two days after the government cut the amount of time inbound travelers need to spend in isolation
Jun 29, 2022 08:23 PMVanke’s chairman says pre-owned home sales are rebounding as a result of cities relaxing restrictions on property purchases
Jun 29, 2022 08:19 PMThe facility will produce up to 1.2 million 12-inch silicon wafers per month, with production set to begin in 2025
Jun 29, 2022 07:51 PMA hairstylist and his business partner received 50,000 yuan ($7,461) from their grateful customers after the citywide lockdown killed their business. The 24-year-old, who goes by Martin, has lived in Shanghai for eight years and cut the hair of many international customers. From his rural beginnings, Martin learned to speak fluent English and built his customer base to more than 3,000, more than 90% from abroad. Caixin documented his daily life in photos, learning how the Shanghai Covid outbreak affected him and his friends from afar
Jun 29, 2022 07:48 PMOfilm’s share price surged on Wednesday after its subsidiary was dropped from the U.S. Entity List
Jun 29, 2022 06:58 PMOne in five transport firms issued bonds in the three months through June, while some 22% took out a loan, the highest percentage for both metrics since early 2021
Jun 29, 2022 06:54 PMAnalysis: The Balancing Act Behind China’s New Covid Control Plan
Four Things to Know About Chinese Policy Banks’ Extra $120 Billion for Infrastructure
Analysis: More Chinese Cities Drop Regular Covid Testing as Cost Concerns Mount
Roundup: Where Analysts Think China’s Economy Is Going This Year
In Depth: To Keep Stimulus Flowing, China’s Local Governments Need a Budget Fix
Scan & Download Caixin App