Nov 17, 2022 19:05 PM- Global Exodus From China Bonds Extends Amid Sell-Off
- Foreign investor holdings in the interbank market fell by 26.5 billion yuan in October, following a drop of 70.7 billion yuan the previous month
Nov 17, 2022 18:42 PM- U.K. Blocks Chinese-Led Buyout of Biggest Microchip Factory Over National Security
- Wingtech Technology’s Dutch subsidiary sealed the $75 million acquisition more than one year ago
Nov 17, 2022 18:35 PM- NetEase Plummets After Ending China Deal for Blizzard
- The Chinese company’s shares fall as much as 15% in Hong Kong as the loss of the deal will deprive it of a slice of revenue from some of the country’s most popular games
Nov 17, 2022 05:13 AM- Mercedes Slashes China EV Prices 10%–20% Amid Lagging Sales
- German auto giant brings price of its top EQS model down by $33,000 as stiff competition and low headroom in the back weigh on demand
Nov 17, 2022 05:09 AM- China’s Top Central Banker Had ‘Constructive’ Talk With U.S. Treasury Secretary
- PBOC’s Yi Gang and Treasury’s Janet Yellen exchanged views on the economic outlook at the G-20 summit
Nov 16, 2022 13:52 PM- China Builder Sunac’s Winding-Up Case Adjourned for Seven Months
- The lawsuit was filed by a creditor allegedly owed $22 million in principal plus interest on senior notes
Nov 16, 2022 13:49 PM- China Lifts Gloom Around Commodities Even If Recovery Is Months Away
- Twin announcements that aim to deal with the biggest obstacles to growth have fanned hopes that the government is turning its attention to lifting the economy out of a year-long funk
Nov 16, 2022 13:45 PM- China Property Developers Rush to Raise Funds After Shares Jump
- Agile is selling shares at an 18% discount to raise HK$783 million via a top-up placement
Nov 16, 2022 05:20 AM- China’s New Coal Power Plants Don’t Alter Net-Zero Goals, Delegates Say
- Representatives of China at U.N. climate summit portray units as short-term solution to address energy shortages
Nov 16, 2022 05:15 AM- China’s ‘Vaccine Diplomacy’ Drives Up Foreign Aid by 40%
- Donations surge to $1.3 billion of goods to other countries in 2021 as Covid shots supplant ‘mask diplomacy’
Nov 15, 2022 17:08 PM- China Retail Sales Shrink as Covid Flare-Ups Strain Economy
- Consumer purchases shrank for the first time since May, falling 0.5% from a year earlier as worsening outbreaks hurt consumer sentiment and disrupted businesses
Nov 15, 2022 15:41 PM- China Injects Enough Cash in System to Help Snap Bond Slump
- Government bonds had suffered their biggest sell-off since late 2016 following fresh property support measures and tweaks to China’s Covid policy
Nov 15, 2022 15:35 PM- Buffett Takes $5 Billion Stake in TSMC, Sparking Surge in Shares
- Berkshire Hathaway acquired about 60 million American depository receipts in the world’s leading chipmaker in the three months through September
Nov 15, 2022 05:06 AM- China Lets Builders Use Pre-Sale Funds to Ease Cash Crunch
- ‘Quality’ property developers can gain access to as much as 30% of homebuyers’ advance payments but will have to use the funds for construction
Nov 15, 2022 04:57 AM- Ant Consumer Unit Raises $1.49 Billion From Sunny Optical, Yuyue
- Deal slashes fintech giant’s funding plan in half after Cinda Asset Management backed out of an investment plan months ago
Nov 14, 2022 14:09 PM- Fall of the World’s Hottest Stock Cost Sea Founders $32 Billion
- CEO Forrest Li is among the billionaires whose wealth surged at an eye-popping rate during Covid before crashing as the world moved on from the pandemic
Nov 14, 2022 13:21 PM- China Property Stocks, Bonds Extend Rally on New Rescue Package
- The gains offer a sign of optimism that a real estate sector rattled by slumping demand and record defaults may soon see a bottom
Nov 12, 2022 19:36 PM- Alibaba Keeps ‘Double 11’ Sales Secret for the First Time
- The e-commerce giant decides not to disclose full sales results for its signature shopping extravaganza after forecasts showed that the figure may suffer a decline
Nov 12, 2022 04:59 AM- Self-Driving Startup TuSimple Ousts CEO, Independent Directors
- Shake-up puts company out of compliance with Nasdaq listing rules and could raise concerns in the U.S. government
Nov 12, 2022 04:46 AM- Commodities Surge After China Eases Some Covid Restrictions
- Oil, iron ore, copper and agricultural goods climb as move raises hopes for a demand recovery in the world’s second-biggest economy
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