Caixin

Restaurant Blaze Kills 17 in Northeastern China

The incident at a tech zone in the city of Changchun has been blamed on a leaking liquefied natural gas tank and blocked fire escapes

Caixin China Biz Roundup: China Warns Not to Bet Against the Yuan
Sep 29, 2022 10:44 PM
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Caixin China Biz Roundup: China Warns Not to Bet Against the Yuan

Central bank says speculators will lose money in the long term; Beijing’s big ambitions for hydrogen-fueled cars; and Anxin gets cleared to resume its core trust business

Sep 29, 2022 10:44 PM

Photo Essay: Pioneering Chinese Lawyer Teaches Law to the Deaf

Tang Shuai uses sign-language in online videos and live broadcasts to educate the hearing-impaired, while cultivating multilingual interpreters with knowledge of the legal system

Sep 29, 2022 09:52 PM

Gallery: China Reaches Basketball World Cup Semifinals

The women’s national team entered the semifinals of the FIBA Basketball World Cup for the first time in 28 years on Thursday after a victory over France in the quarterfinals. The team defeated South Korea, Bosnia and Herzegovina, and Puerto Rico in the group stage to reach the quarterfinal and will compete with either Belgium or Australia next. To mark the team’s breakthrough, Caixin compiled images of the leading figures in the national team’s history

Sep 29, 2022 08:39 PM

Investors Dump Developer CIFI’s Stock on News of Missed Financial Payment

Firm’s statement that it is resolving the issue does little to allay concerns as value of Hong Kong-listed shares halves

Sep 29, 2022 07:30 PM

CALB Prices $1.3 Billion Hong Kong IPO at Bottom of Marketed Range

The Jiangsu-based firm pitched the 265.8 million shares at HK$38 to HK$51 each, sources say

Sep 29, 2022 06:32 PM

Chinese EV-Maker Leapmotor Tumbles in Hong Kong Debut

The Hangzhou-based firm is listing in a grim week for equities trading globally, and an underwhelming year for Hong Kong IPOs

Sep 29, 2022 06:27 PM

Gallery: Ancient Fish Fossils Reveal Evolutionary History

A collection of fish fossils unearthed in Southwest China has shone new light onto the evolution of vertebrates with jaws, including humans. The research, published in the journal Nature, analyzes recently discovered species dating back more than 430 million years. The researchers, led by Zhu Min from the Chinese Academy of Sciences’ Institute of Vertebrate Paleontology and Paleoanthropology, also presented the oldest teeth ever found from a jawed vertebrate

Sep 29, 2022 04:26 PM

CATL Plans $1.9 Billion Battery Project in Central China

The firm will raise up to 10 billion yuan in China’s interbank bond market to fund the construction in Henan province, which will take up to three years

Sep 29, 2022 04:24 PM

Goldman, Morgan Stanley CEOs Commit to Hong Kong Banking Summit

The summit is seen as a step toward showing the financial hub is open for business, after more than two years of strict Covid travel requirements

Sep 29, 2022 04:21 PM

PBOC Warning on Speculation Sparks First Yuan Gain in Nine Days

The People’s Bank of China late on Wednesday issued a strongly-worded statement saying that speculators will definitely lose money in the long term

Sep 29, 2022 04:18 PM

Shanghai Composite Index Fell 0.13% on Thursday

Shenzhen Component Index closed up 0.18%

Sep 29, 2022 03:03 PM

CX Daily: Has China’s Monetary Policy Reached Its Limit?

China announces tax breaks to kick start personal pensions market. Universities around the nation cut the upcoming National Day holiday short

Sep 29, 2022 09:15 AM

Anxin Revives Trust Business as Revamp Nears End

Regulators lift freeze on troubled company’s core revenue source following government bailout and three-year overhaul

Sep 29, 2022 04:09 AM

Merck in Deal With Sinopharm to Bring Covid Antiviral to China

Drugmakers consider technology transfer to crank up production once the treatment wins regulatory approval

Sep 29, 2022 03:31 AM

China Construction Bank to Set Up Consumer Finance Unit

State-owned banking giant’s new $835.9 million business joins similar lending platforms set up by Bank of China and Postal Savings Bank of China

Sep 29, 2022 03:26 AM
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