Dec 03, 2022 04:59 AM- Tsingshan Expands Investment in Zimbabwe
- Chinese stainless steel and nickel giant agrees to add lithium and cement processing while increasing capacity for coke and stainless steel
Dec 03, 2022 04:39 AM- Reports of the Death of Hui Ka Yan May Have Been Greatly Exaggerated
- Evergrande insiders and external sources deny online rumors that the developer’s billionaire founder and chairman committed suicide
Dec 02, 2022 21:41 PM- In Depth: China Households, Businesses Take Shine to Rooftop Photovoltaics
- Policy support and market demand make ‘distributed solar’ an increasingly attractive, reliable source of power
Dec 02, 2022 21:28 PM- China’s Housing Sales Could Rebound Next Year on Easing Covid Measures, Analysts Say
- Developers will likely see sales start to grow again in the second half as some cities shake off the pandemic
Dec 02, 2022 04:23 AM- Sunac China Gets $1.15 Billion Cash Injection for Shanghai Project
- State-owned Huarong and Citic take nearly 90% stake in Sunac unit that owns the incomplete Dongjiadu development
Dec 02, 2022 04:05 AM- Fosun Pharma Pours $220 Million Into France’s Cenexi
- Acquisition of contract development and manufacturing organization and shareholder loan will expand the Chinese drugmaker’s footprint in Europe
Dec 01, 2022 20:34 PM- Chinese Firms Talk Up Sodium Battery as Alternative for EVs
- Companies including battery giant CATL are accelerating research and production of sodium-ion products as lithium prices soar
Dec 01, 2022 04:49 AM- Auto Dealers Face Mounting Inventories as Sales Slow
- November stocks of unsold vehicles reach the second-highest level this year as Covid lockdowns stymie business
Nov 30, 2022 20:53 PM- Job Hunting App Operator’s Earnings Fall Despite End to National Security Probe
- Nasdaq-listed Kanzhun saw net profit slide 26% after the cybersecurity watchdog wrapped up a nearly one-year investigation in June
Nov 30, 2022 20:46 PM- Debt-Plagued Sunac Predicts Swing From Profit to Loss
- Developer blames reversal of fortunes on Covid resurgence and slumping property market
Nov 30, 2022 20:14 PM- Developer Shimao Plans Private Share Sale as Regulators Ease Off
- The debt-ridden Chinese developer says the placement will not exceed 30% of its current share capital
Nov 30, 2022 03:34 AM- Shenzhen Nucleus Gene Lab Found to Report False Covid Test Results
- Lanzhou health authorities vow punishment for uploading negative results for patients who were positive as testing industry comes under scrutiny
Nov 29, 2022 19:17 PM- Kweichow Moutai to Splash $3.8 Billion in First-Ever Special Cash Dividend
- China’s liquor giant said the first bonus to shareholders since it went public in 2001 is to ‘boost market confidence’
Nov 28, 2022 20:36 PM- Covid Lockdowns Set to Snap China’s Car Sales Winning Streak
- Deliveries to auto dealerships fell 8% in the first 20 days of November with disruptions to logistics networks also weighing
Nov 25, 2022 20:31 PM- Foreign Investors Wary of China Developers Despite More Support, Analysts Say
- JPMorgan says government assistance is aimed at checking contagion risks in the battered property sector rather than providing stimulus
Nov 24, 2022 19:41 PM- Carmaker BYD to Hike Prices as Cost Pressure Mounts
- Announcement comes as China is set to end subsidies for purchases of EVs and hybrid vehicles in 2023
Nov 24, 2022 16:49 PM- In Depth: Cosco Alters Course in the Face of Shipping Headwinds
- As the global shipping industry runs out of steam from the pandemic boom, the Chinese state-owned giant is pouring billions of dollars into a controversial shift in business strategy
Nov 24, 2022 08:33 AM- Top Tencent Investor Naspers Considers Selling Meituan Shares
- South African media giant may cash out its $4.6 billion special dividend stake in the food delivery platform as it funds a massive share buyback of its own
Nov 23, 2022 19:43 PM- China’s Covid-Hit Cinemas Hope ‘Avatar’ Sequel Will Bring a Galactic Boost
- ‘Avatar: The Way of Water’ to be released on Dec. 16, the same date as the U.S., even though just under half the nation’s cinemas have been shuttered due to lockdowns
Nov 23, 2022 18:16 PM- Chinese Mechanical-Equipment Maker Says Its Chair Faces Insider-Trading Probe
- Guangzhou Haozhi’s Shenzhen-listed shares plunge nearly 16% after the company revealed Chairman Tang Lijun is being investigated by the national securities regulator
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