BEIJING, Feb. 2 (Xinhua) — China’s bank wealth management market expanded and saw more investors in 2023, industry data showed.
Monthly Archives For February 2024
Analysis-New China property financing measures set to be tested by banks’ cautious approach
China aims to ramp up financing for home projects in the coming days as part of its support measures, but banks’ reluctance to lend to the crisis-hit sector will remain a major obstacle for the…
China’s ‘financially unhealthy’ small firms have a serious cash-flow problem that threatens to topple more dominoes, survey finds
Small and micro-sized firms are considered vital to the health of China’s overall economy, and a new report offers suggestions for financial institutions and governments to empower growth and enhance …
China’s cobalt intermediate imports maintained an increase, and the average import price fell again！
According to customs data, China’s imports of cobalt hydrometallurgical intermediates in December 2023 were about 18,100 metal tons (converted at 35% grade), an increase of 15% month-on-month and 36% …
China’s WuXi AppTec, Wuxi Biologics plunge to multi-year lows on fears over US biotech bill
Shares of WuXi AppTec Co Ltd and WuXi Biologics (Cayman) tumbled on Friday as investor fears grew over a U.S. draft bill targeting Chinese biotech giants. Wuxi AppTec plunged 21.2% on Friday, hitting its lowest…
Prominent Chinese Investment Banker Who Went Missing Last Year Resigns From Company He Co-Founded
Bao Fan’s sudden disappearance last year coincided with Chinese President Xi Jinping’s crackdown on the country’s finance industry over corruption.
34 Shanghai brands have been added to China Time-Honored Brands list
According to a notice from the Ministry of Commerce, 34 Shanghai brands have been included in a new batch of China Time-Honored Brands listings, raising the overall number to 197 and surpassing other …
China Pledges Help for Renters, Among Other Moves to Prop up Its Ailing Property Market
China has rolled out a flurry of measures to help prop up its ailing property market, while also promising to boost government spending
Apple China Slowdown Sparks Fears That Prized Market Is at Risk
Apple Inc.’s latest quarterly results triggered investor fears that the company is losing clout in China, a long-prized market that generates roughly a fifth of its sales.
New China property financing measures set to be tested by banks’ cautious approach
China aims to ramp up financing for home projects in the coming days as part of its support measures, but banks’ reluctance to lend to the crisis-hit sector will remain a major obstacle for the…
China tech is running to stand still in AI race
China’s technology giants are keeping up in artificial intelligence, but they may not be able to maintain their position for much longer. That’s exactly the outcome that Washington is looking for.
Nicole Kidman’s series on Hong Kong expats, China unveils new warship technology: SCMP’s 7 highlights of the week
From Nicole Kidman’s new show set in Hong Kong to North Korea’s ‘political time bomb’, here are our 7 highlights.
China executes couple who flung two toddlers to their death
China has executed a couple who fatally threw two children out of the window of an apartment building. Zhang Bo – the father of the children – and Ye Chengchen were previously found guilty of…
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