Samsung Electronics has just sold its 1.6 percent stake in China’s BYD, which is worth around 1.5 trillion Won (roughly 1.3 billion US Dollars). The move arrives as a surprise considering how many …
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China’s Great Wall to launch electric car and hybrid SUV in Europe in 2022
Great Wall Motor will launch an electric compact car and a plug-in hybrid SUV in Europe in 2022, it said on Monday, joining a growing number of Chinese carmakers trying their luck on the continent…
Chinese Scissor Maker Zhang Xiaoquan Vaults Over Five-Fold on Shenzhen Debut
Shares in Zhang Xiaoquan, a famed Chinese scissors, shears and knife brand that dates back over 350 years, more than quintupled today on its first day of trading on the Shenzhen Stock Exchange’s …
China sends 19 aircraft into Taiwan’s air defence zone
Sortie by People’s Liberation Army air force includes fighter jets and bombers capable of carrying nuclear weapons …
Hutchmed China to trade in Shanghai and Shenzhen through link scheme
Ltd on Monday said its Hong Kong-listed shares are now included on the Shanghai and Shenzhen stock exchanges as part of a stock connection programme. Hutchmed China is a Hong-Kong-based pharmaceutical …
Some Chinese stocks briefly surge 30% as investors bet on a new Beijing exchange opening
Chinese President Xi Jinping announced Thursday a new stock exchange in Beijing would soon launch to help small and medium-sized businesses raise capital. The initial batch of stocks are set to come …
China leads H1 Asia-Pacific realty bounce
Aided by a record high second-quarter volume of property transactions in China, real estate investments in the Asia-Pacific rose significantly in the first half of this year, in spite of the …
The week in review: Beijing plans new exchange to support SMEs
This round-up focuses on the establishment of a new stock exchange in Beijing, and the central bank’s annual stress test for Chinese lenders China’s official non-manufacturing purchasing managers’ …
China Evergrande bonds suspended as prices slump
Bonds issued by heavily indebted developer China Evergrande Group plunged on Monday on growing investor worries over the company’s ability to pay its debts, prompting China’s stock exchanges to halt …
China’s souring developer loans raise fear of financial contagion
China’s crackdown on overextended property developers has led to a surge in loan losses, raising fears of contagion across the nation’s $50 trillion financial sector. Developers enjoyed a return to …
The US and China can’t get along — even if the planet’s future is at stake
The deadly effects of climate change — increasingly extreme, unpredictable weather that cities were never designed to withstand — have never been so apparent.
KB Asset rolls out first blockchain investment fund
those from European countries at 12 percent and from China at 11 percent. The fund can be invested in at KB Securities, SK Securities and Korea Foss Securities. “Blockchain is a key technology that …
Chinese star cuts ties with Swiss watch brand over Taiwan
Chinese singer and actor Lu Han, a former member of popular K-pop boy band EXO, said Sunday he would cut ties with Swiss luxury watch brand Audemars Piguet after its CEO referred to Taiwan as…
