Jan 21, 2023 03:15 AM- Taiwan Fines Foxconn $329,000 for Unauthorized Unigroup Investment
- China-traded unit of Foxconn acquired 9.8% of Unigroup for $772 million in July but dumped it in response to opposition from the Taiwan government
Jan 20, 2023 20:48 PM- China Restaurants See Diners Return For Lunar New Year, Meituan Data Shows
- Online searches for dining in on the eve of the holiday doubled from last year, with food delivery inquiries experiencing a fourfold jump
Jan 20, 2023 17:06 PM- Ex-Manager of China’s Semiconductor ‘Big Fund’ Handed Over to Prosecutors
- Lu Jun, who headed the firm in charge of the country’s biggest state-run chip investment vehicle, is suspected of taking bribes, embezzling public funds and abusing his position
Jan 20, 2023 02:50 AM- China’s Homegrown Antiviral Covid Pill Included in National Subsidy Program
- Genuine Biotech’s Azvudine treatment wins approval substantially undercutting Pfizer’s price for Paxlovid
Jan 19, 2023 20:54 PM- Chinese Pork Producer Faces Delisting Amid Insolvency Risk
- Shenzhen-listed Jiangxi Zhengbang Technology could be booted from the bourse if it reports having more liabilities than assets for a second straight year
Jan 19, 2023 20:30 PM- Court Ruling Adds to Pressure on China’s Indebted Local Government Financing Vehicles
- An LGFV in Yunnan province faces court action for defying an order to repay $48.8 million in debt
Jan 19, 2023 20:05 PM- Chinese State Energy Giant Powers Up Clean Energy Capacity in 2022
- SPIC says its total installed capacity grew to 212 million kilowatts last year, nearly 66% of which came from non-fossil fuel sources
Jan 19, 2023 03:58 AM- Xiaomi-Backed Hesai Technology Files for U.S. IPO
- Shanghai-based startup aims to become the first publicly traded Chinese maker of lidar sensors for advanced driver-assistance systems
Jan 18, 2023 21:08 PM- In Depth: Lithium Tops Out
- Supply of the key raw material for electric car batteries looks set to catch up with demand, as a flood of investment into mining the metal foreshadows an impending glut
Jan 18, 2023 20:23 PM- China Central SOEs’ Profit Growth Outpaces GDP
- Total profits of the 98 companies directly under State Council control rose 5% last year, exceeding the country’s 3% economic expansion, a feat their administrator hopes to repeat this year
Jan 18, 2023 06:25 AM- CATL Cleared for $945 Million Lithium Mining Acquisition
- Bankruptcy court accepts battery giant’s proposal to pay off Sinuowei Mining Development’s debt and buy out its investors
Jan 17, 2023 16:51 PM- Shanghai Airport Operator Buys $251 Million Stake in Duty-Free Shops
- The acquisition will broaden the firm’s revenue sources to include dividends from CDF-Sunrise’s and Uni-Champion’s businesses
Jan 16, 2023 21:16 PM- Construction Resumed on One-Fifth of Stalled Housing Projects by Year End, Survey Finds
- Almost four-fifths of residential developments remain idle or have partially restarted despite multiple government initiatives supporting the sector
Jan 16, 2023 08:12 AM- Cover Story: Where to Now for Alibaba in the Post-Jack Ma Era?
- With Ma pulling further back from the reins of his e-commerce empire after ceding control of Ant Group, all eyes are watching to see if relations with the government can be patched up
Jan 14, 2023 17:43 PM- Tesla Lifts China’s New Energy Vehicle Exports to a Record
- China exported 679,000 NEVs in 2022, up 120% from a year earlier, with the U.S. carmaker accounting for about 40% of shipments
Jan 13, 2023 20:33 PM- Chinese Property Manager Tests Offshore Bond Market With $400 Million Sale
- The issuance marks a rare appearance in the U.S. dollar bond market for a private Chinese real estate company
Jan 13, 2023 02:55 AM- Exclusive: Fosun Lines Up $1.8 Billion Syndicated Credit Line
- Debt-laden conglomerate gets banks including ICBC, China Minsheng, Shanghai Pudong and HSBC to pony up funds for high-tech, advanced manufacturing and biomedical sectors
Jan 12, 2023 20:33 PM- Duck Snack Chain’s Weak Earnings Outlook Ruffles Market Feathers
- Shares of Zhou Hei Ya International fell 23% on Wednesday after news broke it was expecting its revenue and profit to sink this year
Jan 12, 2023 20:07 PM- Bain Capital Invests $400 Million in Biofuels-Maker EcoCeres
- The company plans to use the new funding to build a facility in Malaysia that produces hydro-treated vegetable oil
Jan 12, 2023 18:47 PM- Labor Union in Shanghai Asks for Clarity on Covid Sick Leave
- Under the "zero-Covid" policy, companies were supposed to pay workers in full when they fell ill with the virus, but now that government guarantee is in doubt
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