Feb 14, 2022 20:05 PM- Property Giant Vanke Prepares for ‘Life or Death’ Battle Amid Flagging Market
- China’s second-largest developer plans to shrink balance sheet, cut costs to cope with sluggish demand
Feb 11, 2022 20:30 PM- Blogger Ordered to Pay Smartphone Brand Honor $13,500 Over Critical Reviews
- A court in South China orders reviewer to pay damages for posting critical comments without actually testing devices
Feb 11, 2022 20:23 PM- Chipmaker SMIC Reports High Profit Amid Global Shortage
- The contract chip manufacturer saw gross profit margins grow to 35% in the fourth quarter from 18% in the same period of 2020
Feb 11, 2022 06:41 AM- Hong Kong-Traded GCL-Poly Energy Plans Mainland Share Sale
- Solar power equipment maker may join rush of rivals into the A-share market, where investors favor the sector more than those in Hong Kong and the U.S.
Feb 10, 2022 20:13 PM- Evergrande Vows to Finish Half of Units Under Construction This Year
- Pledge reflects how one of China's largest real estate firms is desperate to raise cash to pay bills through housing sales, given its challenges with borrowing money due to default risks
Feb 10, 2022 20:01 PM- In Depth: Why China’s Once Red-Hot Solar Sector Is Cooling
- The industry has outrun supply of its chief raw material, and rising prices of downstream components are leaving profitability of new projects at risk
Feb 10, 2022 19:21 PM- Unit of Chinese State-Owned Metals Firm to Buy Zimbabwe Lithium Mine
- Sinomine says it has agreed to pay $180 million for a controlling stake in the Bikita project, pending regulatory approval
Feb 10, 2022 19:17 PM- One-Off Gain Keeps KFC’s China Operator in the Black
- Yum China reported a 93% drop in net profit in the fourth quarter, staying out of the red only by revaluing its stake in a JV
Feb 09, 2022 20:27 PM- China’s Steel Industry Given Five More Years to Peak Carbon Emissions
- Country’s No. 2 carbon emitting industrial sector will now have until 2030
Feb 09, 2022 19:30 PM- Beijing Olympics Mascot Sparks Buying Frenzy After Going Viral
- Souvenirs of Bing Dwen Dwen have flown off physical and online store shelves, despite sluggish overall consumer spending in China
Feb 09, 2022 18:40 PM- China’s Developers See Little Change in Fortune Over New Year Holiday
- Volume of new home sales in 40 surveyed cities fell 40% over the weeklong period, despite recent easing of financing policies
Feb 09, 2022 15:09 PM- In Depth: Huawei Tiptoes Into Carmaking
- With its collaboration with Sokon, the Chinese tech giant inches ever closer to getting into the smart vehicle business, despite its consistent denials, industry insiders say
Feb 09, 2022 06:01 AM- Deliveries of China’s Challenger to Boeing 737 Set for This Year
- COMAC’s long-delayed C919 passenger plane still needs to complete regulatory certifications while facing uncertainties around U.S. trade bans
Feb 09, 2022 05:00 AM- State Food Giants to Consolidate Overlapping Businesses
- Cofco and Sinograin set up joint ventures to take control of the state-owned enterprises’ grain storage and oilseed crushing and processing activities
Feb 07, 2022 20:44 PM- Russia’s Gazprom Hails New 30-Year Gas Deal With China as Sign of Strengthening Ties
- The agreement with CNPC will allow the export of up to 10 billion cubic meters of gas per year via a far eastern pipeline
Feb 07, 2022 19:55 PM- Luckin Pays $180 Million to Settle U.S. Fraud Charges
- Scandal-wracked coffee chain is working on compliance procedures as part of a relisting plan, a source inside the firm said
Feb 04, 2022 19:35 PM- China’s Winter Sports Sector Skates to Glory With Olympic Boost, Analysts Say
- Interest in skiing and ice skating has surged in the lead up to the Games, which is seen helping the industry shake off the Covid-19 chill on consumer leisure spending
Feb 03, 2022 20:29 PM- Chinese Covid-Vaccine Makers Predict Strong Profits for 2021
- Rollout of world’s largest inoculation program to combat the virus and approvals for use of new vaccines boost bottom lines
Feb 03, 2022 19:25 PM- Troubled EV-Maker Faraday Future Punishes Executives for Releasing Fake Data Before 2021 Listing
- The California-based carmaker says an internal investigation found no evidence of other claims of inaccurate disclosures, including those made in a short seller report
Feb 03, 2022 18:50 PM- Analysis: What’s Behind Nickel’s Sudden Market Volatility?
- While many have pointed to new supply entering the market, observers say it may have more to do with speculators
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