Mar 24, 2023 18:38 PM- Profit Warnings Show Tough Times Ahead for China Brokerages
- Haitong International Securities and Bocom International Holdings both estimate losses in the hundreds of millions of dollars for last year
Mar 24, 2023 04:34 AM- TikTok CEO Shou Chew Defiant as U.S. Lawmakers Doubt Safety Assurances
- Shou Chew defends ByteDance’s video app against barrage of criticism and declares its independence from Chinese owners
Mar 24, 2023 04:09 AM- The China Price War That Tesla Started May Wipe Out Some Carmakers
- EV giant’s October price cuts set off a domino effect rippling through China’s crowded auto industry and may trigger a shakeout
Mar 23, 2023 17:25 PM- Emerging Asia Bonds See Investor Influx Amid Bank Crisis
- South Korean bonds received their highest investments in eight months last week, as global funds seek avenues to ride out recent volatility in financial markets
Mar 23, 2023 17:22 PM- China Evergrande Will Swap Defaulted Debt in Court Restructuring
- The embattled company’s credit investors can receive new notes maturing in 10 to 12 years or a combination of new debt and instruments tied to the shares of the developer or two of its subsidiaries
Mar 23, 2023 15:25 PM- China Evergrande’s EV Unit May Shut Down Without New Funding
- The automaker says it needs more than $4.2 billion to launch new models and achieve mass production
Mar 23, 2023 14:54 PM- Mansion on Hong Kong’s Peak Poised to Sell for Asia Record
- If the deal closes, the four-story property will sell for nearly $32,500 per square foot
Mar 23, 2023 03:47 AM- Syngenta Closer to Shanghai IPO With Listing Hearing Next Week
- ChemChina’s giant seed and agrichemical unit aims to raise $10 billion in STAR Market share sale
Mar 23, 2023 03:42 AM- TikTok’s CEO Will Tell Congress His App Is Safer Than Most
- In prepared testimony, Shou Chew plans to address critics head-on and declare that video app’s parent ‘ByteDance is not an agent of China’
Mar 22, 2023 18:40 PM- Tokyo Electron to Build $167 Million Chipmaking Equipment Plant
- The planned facility is expected to begin production in 2025 and will boost the Japanese company’s capacity by 50%
Mar 22, 2023 17:21 PM- EV-Maker Nio ‘Very Confident’ of Hitting Sales Target, CFO Says
- Shares of the automaker jumped as much as 8.6% in early Hong Kong trading, taking its advance in the past two days to about 18%
Mar 22, 2023 15:21 PM- Hong Kong Says Borrowing Cost Surge Driven by Demand for Cash
- The overnight cost to borrow in the interbank market soars 2.53 percentage points to 4.14%, the biggest gain in data going back to 2006
Mar 22, 2023 13:56 PM- Citadel Securities Boosts China Presence as Peers Cut Costs
- The U.S. firm, backed by billionaire Ken Griffin, plans to build a bigger mainland business as it hires across Asia
Mar 22, 2023 03:08 AM- U.S. ‘Guardrails’ to Limit Chipmakers’ Operations in China
- Strings attached to grants from CHIPS and Science Act will restrict China expansions by TSMC, Samsung and Intel
Mar 22, 2023 03:02 AM- Google Suspends Pinduoduo After Finding Malware in App Versions
- Chinese shopping app parent PDD pushes back against Google warning just as American lawmakers accuse China companies of threatening national security
Mar 21, 2023 18:15 PM- First Harvest of Chinese Durians to Hit the Market in June
- Agriculture specialists on the southern island province of Hainan have been cultivating the tropical fruit for the past four years
Mar 21, 2023 18:13 PM- Asia’s Gaming Stocks Spike as China Approves More Foreign Titles
- Bilibili jumped more than 9% in early Hong Kong trading, while in South Korea Devsisters and Nexon Games scored double-digit gains amid Beijing’s easing grip on the video game industry
Mar 21, 2023 16:42 PM- Hong Kong Opens Doors to Billionaires in Family Office Push
- Canadian business mogul Paul Desmarais III, Yahoo co-founder Jerry Yang and Sequoia Capital China’s Neil Shen are among those set to attend the Wealth for Good summit on March 24
Mar 21, 2023 16:12 PM- China Overnight Funding Rate Soars Ahead of Reserve Requirement Cut
- An indicator of interbank funding costs climbs to the highest level since February 2021
Mar 21, 2023 03:49 AM- China Imports Rise Most in Year Amid Signs of Economic Recovery
- Slide in exports slows, adding to evidence of rebound from pandemic controls for world’s second-largest economy
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