Shares in Hong Kong-listed Chinese property companies surged on Tuesday, after private data showed yearly sales declines for major Chinese property developers continued to narrow in June. The Hang …
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China property firms jump after big developers show smaller sales drop
China property firms jump after big developers show smaller sales drop
Shares in Hong Kong-listed Chinese property companies surged on Tuesday, after private data showed yearly sales declines for major Chinese property developers continued to narrow in June. The Hang …
China New Home Sales Struggle in Face of Lopsided Recovery
Chinese developers are facing headwinds offloading new home inventory, despite a rebound in second-hand transactions in mega cities. Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally T …
New COVID-19 Symptoms: Daily Cases Surge In UK, US, Experts Warn of Massive Jump In Hospitalisation Rate
In the last few days, the United Kingdom and United States have seen a massive jump in daily cases of COVID-19 virus. Here is what experts want you to know about the virus and its…
Global investment banks retreat from China expansion
Banks eliminated more than 60,000 jobs worldwide in 2023, as a decline in dealmaking and public listings caused fees to plummet. The declines in China contrast with earlier hopes that their business in the country…
Microsoft consolidates retail channels in China
Microsoft is consolidating its retail channels in mainland China, the firm said in response to media reports that it is closing its network of authorised physical retailers in the world’s second-largest economy.
China’s Xi calls for ‘Bridges’ amidst trade and diplomatic tensions
This move could potentially open a new front in the ongoing tariff war between the West and Beijing, which began with Washington’s import duties in 2018. The EU has accused China of flooding its …
Russia looking for China’s help to develop Arctic shipping route – but is it worth it for Beijing?
Moscow is keen to develop the Northern Sea Route to counteract sanctions, but China is ‘less motivated’ despite the potential benefits.
Explainer: What is China’s planned financial stability law and how will it work?
China is moving closer to unveiling its financial stability law, which includes setting up a fund to rescue troubled financial institutions, as part of Beijing’s broader efforts to prevent systemic …
{Hot Stocks}CHINA UNICOM(00762) quoted at HK$7.39, up 3.1%
[ET Net News Agency, 2 July 2024] CHINA UNICOM (00762) rose 3.1% to HK$7.39. It hits an intra-day high of HK$7.39, hitting a 52-week high, and an intra-day low of HK$7.12. The total shares traded…
China’s mobile phone shipments continue to rise in May, as 618 shopping festival boosts market
Demand for mobile phones in China continues to surge, which helps to reduce the seasonal decline in global mobile phone shipments in the second quarter.
American Express has high confidence in Chinese market, boosted by Beijing’s steadfast opening-up efforts
VCG. American Express said it is bullish on the Chinese financial market, noting that the country’s opening-up has been a trigger for the company to consid …
China’s Plastics Boom Is Set to Create Another Trade Headache
A surge of Chinese plastic supply is threatening to overflow in the face of weak domestic demand, morphing into a fresh trade challenge for the rest of the world.Parts of the country’s sprawling …