Chairman Yu Liang urges employees to lend a helping hand to ensure its survival amid an industry slump and cash crunch Vanke reported a 50 per cent year on year slide in contracted property sales…
Monthly Archives For February 2022
Rapid Plunge in Developer’s Bonds Shows Transparency Risk in Chinese Property
Transparency worries are resurfacing in China’s real estate sector as investors try to avoid nasty surprises. Concern about hidden debt and a spate of auditor resignations has already prompted a …
ZTE, China Mobile launch SPN intelligent fault diagnosis system
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, and the Liaoning branch of China …
Ex-Vice President of China Development Bank arrested on corruption charges
Beijing [China], February 14 (ANI): He Xingxiang, a former member of the Communist Party Committee and vice president of China Development Bank, was arrested on corruption charges, according to …
US believes China behind delay of $500m grant project in Nepal
The United States believes that China has “actively fomented or encouraged or funded … an incredible amount of positive support from each prime minister, each finance minister and members from every …
Alibaba-backed Huitongda prices IPO at low end
Huitongda Network, an e-commerce platform targeting China’s lower-tier market, has raised HK$2.22bn ($284.4m) after pricing its IPO at the bottom of the marketed range, said a source close to the deal …
The US is about to get its first Chinese IPO in months
LianBio is headquartered in both the United States and China. American investors haven’t seen an IPO from a company primarily headquartered in China since July, when Sentage Holdings …
Russian figure skater Kamila Valieva cleared to compete in Beijing Winter Olympics
Russian figure skater Kamila Valieva has been cleared to compete at the Beijing Winter Olympics after testing positive for a banned substance in December, the Court of Arbitration for Sport said. The …
Winter Olympics: Kamila Valieva allowed to compete in Beijing
Fifteen-year-old Kamila Valieva has been told she can compete in Tuesday’s women’s individual figure skating competition at the Beijing Winter Olympics, despite failing a drugs test. An urgent hearing …
China auto sales decline for eighth month in a row
China’s car sales declined for the eighth straight month, as coronavirus outbreaks in some Chinese cities hit car production. Retail sales of passenger cars in January fell 4.4% from a year earlier to …
Ted Cruz Says Elizabeth Warren Hates Bitcoin For The Same Reason As China Does
For the same reason that Xi and China hates Bitcoin: Neither one of them can control … Cruz, on the other hand, is a proponent of cryptocurrencies and the blockchain industry. The Senator’s home …
China’s top chipmaker pivots to domestic sales, struggles to satisfy demand
North American business slipped from 27.7 of the firm’s total to 19.6 … and they need production capacity in China.” Haijun then detailed that production capacity is still far from meeting even a …
China reports 84 new COVID-19 cases
China reported 84 new COVID-19 cases on the mainland, the national health authority said on Monday. There were no new deaths reported, leaving the death toll at 4,636. Mainland China has reported …