Aug 15, 2022 15:45 PM- China’s Stock Connect Program Adds Trading Days in Holiday Fix
- The new measure will cut the number of days when trading isn’t allowed by about half
Aug 15, 2022 15:42 PM- China Shocks With Rate Cut as Data Shows ‘Alarming’ Slowdown
- The PBOC lowered the rate on its one-year policy loans by 10 basis points to 2.75% and the seven-day reverse repo rate to 2% from 2.1%
Aug 13, 2022 18:48 PM- Sinopec, U.S.- Listed China Stocks Wobble Amid NYSE Exit Woes
- China Life and PetroChina announced plans to de-list their U.S. shares amid an ongoing spat over audits and rising tensions between Beijing and Washington
Aug 13, 2022 18:37 PM- China Hits ‘Liquidity Trap’ as Low Rates Fail to Spur Bank Loans
- Despite banks being flush with cash, weak economic growth and turmoil in the property market means they are reluctant to lend
Aug 13, 2022 01:14 AM- Battery Giants, Hyundai Concerned by U.S. Moves on China Supplies
- South Korean EV industry frets over proposed U.S. tax credits aimed at boosting America’s EV production and limiting use of Chinese materials; South Korean trade officials warn U.S. plans may violate international trade rules
Aug 13, 2022 00:50 AM- Mercedes, CATL Partner on $7.6 Billion Hungary Battery Plant
- Debrecen plant to build enough batteries per year to power more than a million cars; Automakers BMW, Stellantis, and Volkswagen on board as customers
Aug 12, 2022 17:58 PM- China State-Owned Giants Plan to Delist From U.S. Amid Audit Spat
- In a quick succession of disclosures, China Life, PetroChina and Sinopec each announce their intentions to leave American exchanges
Aug 12, 2022 17:10 PM- China to Speed Brazil Corn Imports Amid Ukraine War, U.S. Tensions
- Beijing has been seeking to diversify the country’s corn imports, of which about 70% came from the U.S. and 30% from Ukraine last year
Aug 12, 2022 14:38 PM- BlackRock Offers Bitcoin Investing to Big Institutional Clients
- Despite the steep downturn in the crypto market, the world’s largest asset manager says there’s ‘substantial interest’ from some clients for access to these assets
Aug 12, 2022 14:35 PM- China’s Third-Biggest IPO of the Year Doubles in Trading Debut
- Computer-component maker Hygon’s shares soar 105% as market opens
Aug 12, 2022 14:28 PM- Hong Kong Growth Hopes Crumble Under Covid Policy’s Weight
- The city’s government is set to cut its forecast for GDP growth from its last projection of between 1% and 2% as virus restrictions, a trade slump and other global headwinds take their toll
Aug 12, 2022 02:38 AM- Crypto Lender Tied to Chinese Rig Giant Throws Miners a Lifeline
- China’s Bitmain Technologies, Antpool mining and Singapore’s Antalpha offer low-interest loans amid bitcoin downturn
Aug 12, 2022 02:20 AM- Top China Chipmaker Defies U.S. Sanctions With Earnings Beat
- SMIC reports net income of $514.3 million for the second quarter on revenue of $1.9 billion even as semiconductor demand crumbles
Aug 11, 2022 17:34 PM- Biden ‘Cautious’ on China Tariffs After Pelosi’s Taiwan Trip, Commerce Chief Says
- Secretary of Commerce Gina Raimondo says the U.S. president is considering what to do with the Trump-era tariffs because he doesn’t want to hurt American workers
Aug 11, 2022 15:22 PM- Ant-Backed Startup Dana Bags $250 Million From Sinar Mas, Alibaba
- The 5-year-old company will use the funds to invest in new tech and roll out more financial services in one of the world’s fastest-growing fintech markets, its CEO says
Aug 11, 2022 15:14 PM- China’s Provinces Vow to Meet GDP Targets Despite Growth Slump
- At least 10 local governments explicitly say they will strive to hit their targets, and at least another seven said they’ll keep the goals in mind and do their best
Aug 11, 2022 15:08 PM- Dozens in China Infected With New ‘Langya’ Virus Carried by Shrews
- The 26 patients, mainly farmers, had fevers and reported fatigue, cough, loss of appetite and aches
Aug 11, 2022 03:07 AM- SoftBank Set to Gain $34 Billion From Cashing Out a Third of Its Alibaba Stake
- Japan-based investment giant moves to shore up its finances amid record losses as global markets deteriorate
Aug 11, 2022 03:01 AM- China’s Central Bank Warns of Inflation Risks as CPI Climbs
- Consumer inflation reached 2.7% in July, the highest rate in two years, driven by rising food prices
Aug 10, 2022 16:05 PM- SoftBank Accelerates Asset Sales in Race for Cash
- Vision Fund exits entire $7.7 billion Uber stake during market downturn






















