Not just Kasikornbank (China), but many foreign financial institutions have been increasing their investment in China. From 2020 to the end of September this year, foreign banks in China added a total investment of 18.73…
Monthly Archives For November 2023
China’s top regulators summon big developers for financial briefings
The developers are state-owned China Resources Land, China Overseas Land and Investment, Poly Real Estate Group, mixed-ownership developer China Vanke, Gemdale and private developer Longfor Properties. The six are the few big developers that have…
Syngenta’s IPO Delay Darkens Outlook for Asia Pipeline This Year
The announcement highlights a general malaise in first-time share sales in Asia, and follows China’s securities regulator’s decision in late August to slow the pace of IPOs, amid an economic downturn that’s been weighing on…
China Big Tech firms experiment with personalised chatbots amid push to monetise generative AI technologies
With China’s annual Singles’ Day shopping festival in full flow … AI chatbots to date and has already implemented strict regulations governing the emerging technology.
China could set new record for iron ore imports
For all the negative news coming from China this year on weak demand for steel products, weak exports, the property sector crunch and deflation, there is every likelihood the country could set a new …
AAPI voters attribute hate crimes to political leaders’ rhetoric on China: poll
18 to 24, reveals that 60% of AAPI voters connect the increase in hate crimes to political discussions about China. Amid the COVID-19 pandemic, the AAPI community saw a 339% surge in hate crimes, with…
Explainer: What is China’s Singles Day, and how is it celebrated?
The event has in recent years lost some of its novelty with the rise of other shopping festivals in China, including the midyear “618” sales that are the country’s second largest. Strict COVID-19 …
Long before rescue talks, China’s property giant Country Garden struggled to build homes, pay bills
BEIJING: When China’s largest developer Country Garden first skipped debt payments in August, its shares tumbled 14 per cent, marking a reversal of fortunes: from industry poster child to another troubled property company struggling to…
China’s private pension plan aims to cover every nook and granny as demographic crisis takes hold
With its population ageing rapidly, China aims to boost its pension-fund market by offering new financial products, but drumming up interest is a challenge And those who do participate – often after being given the…
China’s surprise NFT move, Hong Kong’s $15M Bitcoin fund: Asia Express
China issues legal guidance that gives NFT markets hope, Bitget invests $10M in Indian startups, SEBA Bank’s Hong Kong license: Asia Express.
Geely’s Zeekr gears up for US IPO, but China influence remains a concern
Zeekr, the luxury electric vehicle brand under China’s Geely, is gearing up to list its shares publicly in the U.S., according to a regulatory filing submitted Thursday. The filing shows widening losses between the first…
Attempts to check China’s rise will backfire in the end
That’s why it is absurd for politicians to lecture business leaders on the risks of doing business with China. The world will be worse off if China and the US stop cooperating. That is the…
Politicians’ anti-China language prompted anti-Asian violence, battleground voters say in new poll
A new poll released on Wednesday revealed that most potential 2024 voters in battleground states believe that politicians’ use of anti-China rhetoric was responsible for the previous spike in violence toward Asian Americans.
