Deputy central bank governor Xuan Changneng says China is expected to achieve its economic growth target of ‘around 5 per cent’ this year But central bank monetary policy committee member Liu Shijin …
Monthly Archives For November 2023
Agricultural Giant Syngenta Delays $9 Bln IPO Amid Chinese Market Volatility
Agricultural company Syngenta Group said its listing on Shanghai’s main market won’t happen this year due to weak market conditions, the latest delay in its yearslong pursuit of a blockbuster initial …
Exclusive-Geely’s Zeekr edges closer to US IPO, to make filing public this week – sources
Zeekr, Chinese automaker Geely’s premium electric car brand, will this week publicly release some details of its plans to list shares in New York, according to two sources with direct knowledge of the …
Shenzhen’s State Assets Manager Vows to Help Developer Vanke If Need Be
Shenzhen Metro, which is Vanke’s largest shareholder and is owned by the commission, is optimistic about Vanke’s prospects and has no plans to pare its stake in the developer, Shenzhen-based Vanke …
China Shaken by String of Cancer Cases Tied to Top Oncology Lab
Back-to-back diagnoses have sparked a wave of speculation on Chinese social media and renewed scrutiny around lab safety.
China’s SMIC lifts annual capex forecast, sees lower Q4 gross margin
Semiconductor Manufacturing International Corp on Thursday lifted its annual capital expenditure forecast to around $7.5 billion and said it expects lower fourth-quarter gross margins. The Chinese chip foundry had previously said it expects capital expenditure…
Wuxi Biologics Unit’s Hong Kong IPO Closes Order Book a Day Early, Sources Say — Update
Wuxi XDC Cayman is set to raise the equivalent of about US$470 million if it prices the IPO at the top end of its marketed price range, at 20.60 Hong Kong dollars (US$2.64) a share,…
China’s Consumer Prices Are Falling Again. Why It’s a Problem for Stocks.
The new month of negative inflation–the consumer price index dropped 0.2% from a year earlier in October–isn’t quite deflation. Stock in Alibaba and JD.com were falling.
Inside haunting abandoned £32BILLION Beijing Olympics stadiums with Games venues deserted, disused and dilapidated
THE WORLD stood in awe back in 2008 during the Olympic Games in Beijing. Back then, China was praised for staging an incredible show for the entire globe to watch thanks to a combination of…
China urges G7 to stop ‘inciting confrontation’
China expressed strong dissatisfaction with China-related comments made by G7 foreign ministers and urged the bloc to stop inciting confrontation, its embassy in Japan said in a statement on Thursday.
China urges Netherlands to continue cooperation ahead of Dutch curbs on hi-tech exports
Chinese firms appear to be stockpiling hi-tech chip-making equipment before the Netherlands’ export controls take effect Foreign Minister Wang Yi told his Dutch counterpart Hanke Bruins Slot that China wants to give full play to…
Large-scale wind-wave deepwater laboratory starts construction in northeast China
SHENYANG — A large-scale wind-wave deepwater laboratory has begun construction in the coastal city of Dalian in Northeast China’s Liaoning province.
Hong Kong’s ‘back in business’ claim rings true, as client focus on mainland China undiminished: Deutsche Bank CFO
The leaders of global banks need to get out of their boardrooms and come to Hong Kong to see for themselves that the city is well and truly back in business, according to the chief…
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