Nov 03, 2022 04:25 AM- China Expands Debt Guarantee Program for Property Developers
- State-owned China Bond Insurance Co. will back $2.75 billion of borrowings by a dozen real estate companies in government safety net for slumping industry
Nov 02, 2022 19:56 PM- Covid Lockdowns Stoke Merchant Concerns Ahead of Peak Shopping Season
- Logistics disruptions across the country could undermine sales in the annual ‘Double 11’ shopping promotion, one of the biggest money-earners in the retail calendar
Nov 02, 2022 18:59 PM- EV-Maker XPeng Shares Drop as Sales Fall by Half
- The stock slipped on news the startup delivered just 5,101 vehicles last month
Nov 02, 2022 15:46 PM- In Depth: Will Fosun’s $2.2 Billion Steel Unit Sale Save the Conglomerate?
- Offloading Nangang Iron & Steel may be the beginning of the end, or a fresh start for the debt-laden giant
Nov 02, 2022 04:51 AM- Driverless Truck Startup TuSimple Fires CEO
- Co-founder Hou Xiaodi ousted as board investigates links with rival Hydron, set up by TuSimple’s other co-founder, Chen Mo
Nov 02, 2022 04:17 AM- Naspers Denies Report It’s Selling Its Tencent Stake to Citic
- Largest shareholder of Chinese social media giant with 28% maintains its plan for gradual sell-down after making billions over two decades
Nov 01, 2022 18:53 PM- Debt Woes Grow for Chinese Developers CIFI, Greenland
- The debt crisis facing the country’s real estate market shows no sign of easing given persistent weak new homes sales
Nov 01, 2022 08:24 AM- Geely Plans to Spin-Off, List Premium EV Unit
- Zeekr’s first model rolled off the production line in October last year. Deliveries of the vehicle, which retail at 335,000 yuan, have topped 45,000 so far
Oct 31, 2022 20:50 PM- Foxconn Taps Alternative Sites as Covid Drives Staff to Flee World’s Biggest IPhone Plant
- The Zhengzhou plant is home to the world’s largest iPhone assembly production lines with over 200,000 workers
Oct 31, 2022 20:19 PM- Chinese Developer Makes Early Debt Payment After Chair’s Resignation Rattles Investors
- Longfor has paid back part of a loan due next year, after the personnel change hit its stock price, bond yields
Oct 29, 2022 04:07 AM- BYD Orders $689 Million of Auto Transport Ships
- Chinese EV giant joins the rush to crank up vehicle exports amid rising shipping costs, ordering six vessels with options for two more
Oct 28, 2022 20:20 PM- Chinese Ammonia Exports Surge as European Gas Shortage Hits Local Production
- Sky-high gas prices have compelled European firms to scale back production of the key fertilizer input
Oct 28, 2022 20:17 PM- China’s Smartphone-Makers Ship Fewer Units as Demand Remains Weak at Home and Abroad
- The companies’ total shipments dropped 11.9% year-on-year to 71.1 million handsets
Oct 28, 2022 03:43 AM- Swiss Energy Trader Mercuria Buys Back Stake From ChemChina
- Unit of state-owned chemical giant Sinochem Holdings took a 12% position in Mercuria in 2016 and once contemplated a cross-shareholding arrangement
Oct 27, 2022 19:57 PM- Chinese Pork Producers Report Surging Profits as Prices Rise
- A major cull of sows has driven market expectations that supply will soon tighten
Oct 27, 2022 17:45 PM- Germany Gives Chinese State-Owned Company Green Light for Hamburg Port Investment
- Cosco Shipping Ports has won preliminary approval for the controversial acquisition of a smaller stake than planned in a terminal at the country’s largest container port
Oct 27, 2022 04:54 AM- China’s Auto Exports Rose 51% in First Three Quarters
- Shipments reach 2.26 million vehicles, topping the 2021 full-year total, led by SAIC, Chery, Chang’an, Dongfeng and Tesla
Oct 26, 2022 21:16 PM- Local SOEs Slow Land Purchases After Finance Ministry’s Warning on Inflating Revenue
- State firms bought 33% of the land on offer in a recent auction in Wuxi, down from as much as 92% in recent sales
Oct 26, 2022 21:04 PM- China’s First Homegrown Jet Gets December Delivery Date
- The first batch of the C919 aircraft will be supplied to state-owned China Eastern Airlines
Oct 25, 2022 20:48 PM- In Depth: The World’s No. 1 EV-Battery Maker Juices Up Global Expansion
- CATL is setting up factories around the world as competition grows at home, but it will face formidable, more experienced rivals
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