[ET Net News Agency, 13 September 2024] CHINA UNICOM (00762) rose 3% to HK$6.21. It hits an intra-day high of HK$6.22, and an intra-day low of HK$6.05. The total shares traded was 19.15 million, with…
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Do we need more Chinese car brands to make EV ownership affordable – and are they REALLY that cheap?
Are cheap Chinese EVs only down to subsidies or is there more too it? And do we actually need cheap Chinese EVs to switch to electric? This is Money finds out.
China’s carrot-and-stick tactics on EU nations start to pay off
“China is still important, but business with China is hard and not growing as well as expected.” Ireland is the fifth most exposed EU producer in China’s dairy investigation and sixth worst off in its…
China’s top health body urges marriage, childbirth at ‘appropriate ages’
China’s National Health Commission will focus more efforts on advocating marriage and childbirth at “appropriate ages”, an official said, as authorities struggle to boost a declining birth rate that …
China mortgage cut is start of confidence rebuild
Chinese policymakers are planning to cut interest rates on existing mortgages by around 80 basis points as soon as this month, Bloomberg reported on Thursday, citing people familiar with the matter.
Senior US official praises China’s cooperation on export controls for technology transfers
End-use checks’ have improved since the pandemic, but pending congressional legislation is keeping mainland firms in limbo.
China’s Midea to Raise Nearly $4.0 Billion via Hong Kong Listing
Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range in what could be Hong Kong’s biggest listing this year.
Xi may meet Zelenskiy, Ukrainian attendee says, as Beijing defence forum opens
Chinese President Xi Jinping could meet his Ukrainian counterpart Volodymyr Zelenskiy next month, a former Ukrainian official said in Beijing on Thursday at the opening of China’s biggest annual …
China real estate sector: Policymakers are focused on ‘risk containment,’ Goldman says
Kenneth Ho, head of Asia credit strategy research at Goldman Sachs, says “if there are government policies directed more towards cleaning up the excess inventory in the real estate sector, we think …
China sets some global standards for 6G tech as it looks towards next-gen communications
China has established three pivotal 6G technological standards under the auspices of the International Telecommunication Union (ITU), marking a significant advance in setting the international …
Sam’s Club, Lululemon Among Brands Defying China Consumption Dip
Amid anemic consumer demand in China, some brands are still seeing double-digit sales growth in signs that it’s not all gloom and doom in the world’s no. 2 economy.
Blacklisted Chinese AI GPU champ Biren preps for IPO at $2.19B valuation
Nvidia’s China-based rival Biren hires an investment bank to prep for an IPO at a $2.19 billion valuation while being blacklisted by the U.S. government.
China’s secretive space plane has returned to Earth. Its mission? Unknown
A Chinese “reusable experimental spacecraft” believed to be the country’s secretive space plane has landed back on Earth after more than eight months in orbit – the latest development in a largely …