Foxconn’s mainland-listed unit Foxconn Industrial Internet eases by the 10 per cent daily limit in Shanghai, while selling by foreign investors over the past three months reaches 164.2 billion yuan (US$22.
Monthly Archives For October 2023
China crackdown on cyber scams in Southeast Asia nets thousands but leaves networks intact
Tens of thousands of people, many of them Chinese, have been caught up in cyber scams based in Southeast Asia.
China Says Outlook Worrisome as Conflict Spreads in Middle East – State Media
BEIJING (Reuters) – China views the situation in Gaza as “very serious”, with the risk of a large-scale ground conflict rising and the outlook “worrisome” as armed conflicts along neighbouring borders spread, Chinese state media…
China Raids Offices of WPP Unit GroupM, Detains Executive
Chinese police have raided the Shanghai offices of GroupM, a media-investment group and unit of London-based WPP, and detained an advertising executive, said a person familiar with the matter. Police questioned other local executives during…
China draws on crude oil stockpiles while boosting refining: Russell
LAUNCESTON, Australia, Oct 23 (Reuters) – Chinese refiners dipped into crude stockpiles for the second time in three months in September as they processed record volumes of oil even as imports dipped. Refiners drew about…
China offers valuable lessons for other economies
Within this context, the mindsets of the countries with the two largest economies — the US and China — are of paramount importance. Nothing positive for humanity will take hold if these two countries are…
Why is China investigating iPhone manufacturer?
Government entities and public enterprises are gradually sidelining Apple products, with a stark warning on potential iPhone-related “security incidents” earli …
What’s hot in Asia’s crypto scene? Weekly recap
Asia’s cryptocurrency scene bustles with activity that makes heads turn and eyebrows raise. From regulatory shifts in South Korea and Singapore’s …
5 Best China Stocks To Buy And Watch
U.S.-listed Chinese stocks have struggled amid weaker China economic data. But PDD is in buy range and BYD is flashing an early entry.
China Evergrande: Lin Ho-man, the failed arbitration and why the developer is likely to survive its winding-up petition
A company linked to Lin Ho-man failed in an arbitration against Evergrande over a botched scheme in 2021; his winding-up petition will be heard on October 30 Lin’s vehicles paid HK$1.5 billion for a …
More thawing needed to tempt Aussie bankers to back Beijing, Shanghai
A decade ago, a bankers’ roadshow wasn’t complete without a stop in Beijing and sometimes even Shanghai. They were the good old days of restaurants in high places.
Foxconn shares drop after report of China tax audit, land use probe
TAIPEI (Reuters) -Shares in Taiwan’s Foxconn, a major supplier of Apple’s iPhones, dropped as much as 3% on Monday after a report that the company is the subject of tax audits and land use probes…
China says outlook worrisome as conflict spreads in Middle East, state media report
China views the situation in Gaza as “very serious”, with the risk of a large-scale ground conflict rising and the outlook “worrisome” as armed conflicts along neighbouring borders spread, Chinese state media said on Monday,
