Caixin

China Tightens Covid-19 Control Measures at Airports as Cases Rise

Daily testing of airline and airport staff, isolation zones on aircraft are among the steps taken to prevent a repeat of the latest outbreak, which has been blamed in part on slack management

Chip Speculators Targeted by Probe on Cost of Scarce Auto Part

Market regulators are attempting to bridge a vital auto manufacturing supply shortfall likely to extend into 2022

Ant Group Profits Plunge

Decline of over 37% quarter-on-quarter comes as financial conglomerate required to comply with new microlending rules

U.S. Covid Case Count, Jabs for Chinese Kids, Online Entertainment Crackdown

Macao declares ‘state of prevention’ after recording four Covid cases, academic suggests removing school choice from parents

Aug 04, 2021 08:13 PM

Caixin China Biz Roundup: Tencent Shares Rattle After State Media Blasts Gaming Addiction

Commentary may have spooked investors into thinking it could soon be ‘game over’ for the industry; how a national child welfare law could ease fertility woes; and major private education firms scrap earnings releases

Aug 04, 2021 06:52 PM

Hong Kong Fines UBS $1.5 Million for Compliance Failures

Penalty imposed after the Swiss financial giant failed to disclose financial interests in Hong Kong-listed firms it covered in research reports

Aug 04, 2021 05:38 PM

Gallery: Panda Mom Dotes on Twin Cubs

Huanhuan, a female giant panda on loan from China, gave birth to twin cubs at the Beauval Zoo south of Paris on Monday around 1 a.m. local time. The pair had mated, but artificial insemination was also used to increase the chances of pregnancy. The two cubs, weighing 149 grams and 129 grams, will stay in France for few years then move to China. Huanhuan came to France with Yuanzi, a male giant panda, in 2012 and gave birth to Yuanmeng, the first panda ever born in France, in 2018

Aug 04, 2021 05:10 PM

Crypto Exchange Gets Singapore’s Nod for Digital Token Services

Country’s central bank has granted preliminary approval to Independent Reserve to operate as a regulated provider of digital payment token services

Aug 04, 2021 04:33 PM

China Exporting More Sophisticated Products Despite Trade War, Study Says

The country is ranked 16th globally in terms of the diversity and technological sophistication of its goods, according to Harvard’s Growth Lab

Aug 04, 2021 03:59 PM

Shanghai Composite Index Rose 0.85% on Wednesday

Shenzhen Component Index closed up 1.72%

Aug 04, 2021 03:03 PM

Trending in China: Panda Twins Born in France

Giant panda Huanhuan gave birth to twin cubs at the Beauval Zoo in central France early Monday

Aug 04, 2021 01:14 PM

CX Daily: State Media Commentary That Sunk Gaming Shares Removed, Then Restored With Less Gusto

Flood-stricken Henan province in Central China is battling a Covid-19 outbreak. The floods that hit the province are expected to cost insurers billions of yuan.

Aug 04, 2021 09:37 AM

Wuhan to Test 12 Million People After Virus Resurfaces

Seven local infections in two days are the first since June 2020 in the Chinese city hardest hit by the pandemic

Aug 04, 2021 07:37 AM

Alibaba Sales Miss Estimates in Sign Spending Has Yet to Pay Off

Second-quarter profit rebounds from first-quarter loss, and e-commerce giant expands share buyback program 50% to $15 billion

Aug 04, 2021 07:27 AM

Chinese Auto-Chip Stocks Fall After Official Probe Into Pricing

China’s market regulator discloses investigation of pricing misconduct without citing any companies

Aug 04, 2021 07:20 AM

Charles Li’s Next Act: Investing in Small Businesses

Former chief of Hong Kong exchange links up with private equity investor Zhang Gaobo to launch Micro Connect platform steering funds to Chinese entrepreneurs

Aug 04, 2021 03:35 AM

Self-Driving Truck Startup Inceptio Raises $270 Million

JD Logistics, Meituan and PAG lead B round of financing as Chinese company aims to launch its first model in a crowded field by year-end

Aug 04, 2021 03:28 AM

Chinese Tutoring Firms Cancel Earnings Releases Amid Regulatory Crackdown

New Oriental and TAL Education scrap quarterly disclosures and calls with investors

Aug 03, 2021 09:07 PM
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