Hesai Group’s (NASDAQ:HSAI) stock was down 50% for the year. Surprisingly, it is poised to end the year up well over 50%. In the last month alone, the stock has tripled, turning the tables on…
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China ‘turns on Putin’ as calls grow for Beijing to invade Russia
Chinese nationalists are calling for Russia to return land they claim was stolen by the Kremlin in the 19th century.
China Building “Solar Great Wall” That Could Power Beijing And Beyond
A desert might not be the first place you’d expect to be a hive of activity, but northwestern China’s Kubuqi Desert is currently bucking the trend, as an ambitious project to build a “Solar Great…
China unveils new assault ship and futuristic fighter jets
Analysts say the new amphibious assault ship and two seemingly new stealth fighter jets reflect Beijing’s efforts to close the arms race gap with the United States …
Air China Cargo becomes biggest IPO of A-share market in 2024
Air China Cargo Co Ltd, the airfreight subsidiary of State-owned Air China Group, debuted on the Shenzhen Stock Exchange on Monday and became the biggest IPO of the A-share market this year.
Chinese Stocks Mixed as Investors Await Economic Data
Chinese shares ended mixed, with the Shanghai Composite Index edging up 0.2% to 3407.33. The Shenzhen Composite Index shed 0.3% and ChiNext Price Index inched up 0.1%. Investors were anxiously …
Sunac China wins more support for restructuring from bondholders, source says
Property developer Sunac China has so far received sufficient support from holders of seven of its 10 bonds to cut its onshore bond debt by more than half through a restructuring, a source with direct…
China Is Building More Prisons for Xi’s Political Enemies—Report
The Chinese leader has urged authorities to “turn the knife inward” as his disciplinary system targets both party and non-members.
China wants to restore the sea with high-tech marine ranches
China is the world’s top fish consumer and is spending billions on technology designed to restock the oceans. But will this expensive experiment actually work?
ASML CEO Claims China’s Semiconductor Industry is 10 to 15 Years Behind
ASML is a Dutch company, but the US government successfully lobbied to have limits imposed on what it could ship to China beginning in 2020. The Netherlands has agreed to further …
China’s November net gold imports via Hong Kong hit seven-month high
(Reuters) – China’s net gold imports via Hong Kong in November more than doubled from October, marking the highest level in seven months, Hong Kong Census and Statistics Department data showed on …
China’s Xi offers deep condolences over Jimmy Carter’s death
BEIJING (Reuters) -China’s President Xi Jinping on Monday offered his condolences over the death of Jimmy Carter, saying the former U.S. president was the driving force behind the establishment of …
Chinese Brands Soar: BYD Tops November Vehicle Registrations, Outpaces Volkswagen
BYD leads China’s passenger vehicle registrations in November 2024, surpassing Volkswagen, with 11 domestic brands in the top 20.