China’s securities regulator says online brokerage platforms Futu Holding, UP Fintech Holding conducted unlawful securities transactions.
Monthly Archives For January 2023
China’s manufacturing shrinks for 3rd straight month amid COVID woes
China’s manufacturing activity shrank for the third straight month in December as COVID-19 infections continue to sweep across the country, after Beijing loosened restrictions.
How China is building a parallel generative AI universe
The gigantic technological leap that machine learning models have shown in the last few months is getting everyone excited about the future of AI — but also nervous about its uncomfortable …
China’s lottery industry boosted by strong November sports lottery sales
China’s lottery ticket sales surged by 56.6 percent from a year ago to top 51.84 billion yuan (about 7.44 billion U.S. dollars) in November, driven by strong sales of sports lottery tickets, data from …
Qingdao Sunsong’s IPO to debut on Beijing Stock Exchange
Qingdao Sunsong (831195) to start trading on the Beijing Stock Exchange Dec 30, tomorrow. The firm has issued 16.36 mln shares priced at RMB 11 per share raising RMB 180.01 mln. Its price-to-earnings …
Shenzhen advances to Chinese women’s volleyball league semis
Shenzhen overcame Jiangsu in full sets to reach the semifinals of the Chinese Women’s Volleyball Super League for the first time on Saturday. Shenzhen secured its semifinal spot with a 31-29, 9-25, 24 …
China ‘stands on right side of history’, says Xi Jinping in new year address
Chinese leader largely sidesteps issues facing his country, but says it will always ‘advocate for peace and development’ …