China Evergrande Group, the world’s most indebted developer, is expected to announce this week a debt restructuring plan that will not only determine its future but also indicate how Beijing plans to …
Monthly Archives For July 2022
Debris from China rocket launch to crash-land — and no one knows where
China’s latest launch of a rocket is, once again, raising alarm that the debris will crash into the Earth’s surface in an uncertain location and at great speed.
China Adds Science Laboratory to Its Orbiting Space Station
China has added a laboratory to its permanent orbiting space station as it moves toward completing the structure in coming months.
China regulator denies report on data strategy to avoid U.S. delistings
China’s securities regulator on Monday denied a media report that said Beijing planned to sort U.S.-listed Chinese companies based on the sensitivity of the data they hold in an attempt to stop U.S.
China Box Office: ‘Jurassic World: Dominion’ Tops $150M, ‘The Lost City’ Scores Release Date
Hong Kong crime thriller Detective vs. Sleuths again topped China’s theatrical box office, taking $14.2 million during what was altogether a downbeat weekend of moviegoing in the country. The market …
Engineering exports in Q1 up 11.8%, shipments to China remain muted
Engineering exports from India were recorded at $9.69 billion during June 2022, which was a 4.2 per cent increase from the exports of US$ 9.30 billion recorded in June 2021.
Porsche IPO, Tesla chase, software fix: what awaits VW’s new CEO
Oliver Blume takes on what may be a record European listing; expanding in US, shoring up China position will be tough tasks …
Evergrande gives Beijing another reason to step in
Beijing will find it harder to ignore China Evergrande’s growing financial mess. The developer’s chief executive officer resigned on Friday after a probe found he helped divert funds from a subsidiary …
Goldman Sachs cuts earnings outlook for MSCI China to zero growth
MSCI China tracks more than 700 China stocks listed globally, including Tencent, BYD and Industrial and Commercial Bank of China.
China Property Stocks, Bonds Rally on Reported Fund Help
Chinese property stocks and dollar bonds rallied Monday, as a reported move by Beijing to establish a fund to support developers fueled optimism about a turnaround for the struggling sector.
Expect more volatility in China’s property market, says real estate firm
Henry Chin of CBRE Group discusses the outlook for China’s property market, and says “any relaxation for the wider industry is super, super unlikely to happen.” …
Subs exclusive: Chinese brands spark car industry recruitment crisis
Top talent is in demand amid a turbulent employment market, as brands like Nio and Ora start to build UK presence …
Zomato Plunges 14% to Record Low as IPO Lock-Up Period Ends
Shares of Indian online food-delivery and restaurant platform Zomato Ltd. plunged in Mumbai after the end of a lock-up period for investors that had stakes in the company prior to its initial public …
