Nvidia’s share price has taken a knock, and its Chinese chipmaking rivals have soared, after Beijing reportedly discouraged Chinese AI companies from buying Nvidia’s chips. Bloomberg reported on …
Tagged By beijing
China Removes Curbs on Home Buyers, Sparking Stock Market Surge
After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy homes.
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
China’s September factory PMI below 50 for 5th straight month
A key indicator of China’s manufacturing activity fell below the boom-or-bust line in September for the fifth straight month, as a slowdown in domestic demand amid a prolonged real estate slump led an …
China records biggest rally since 2008, soaring 8%
The Chinese stock market rose ~8% on Monday, marking it’s biggest rally since 2008, boosted by a better than expected PMI data. The SSE Composite Index also registered its ninth s …
Donald Trump’s ‘Crucial’ China Nightmare Is Suddenly Coming True
China’s former minister of finance, Zhu Guangyao, has warned Trump’s embrace of bitcoin and crypto means it can no longer be
China’s beleaguered real estate shares jump almost 10% after Beijing makes its ‘strongest housing pledge to date’
Investors gave China’s stock markets their best week in years after Beijing promised more stimulus measures to support the economy.
Dodge-maker Stellantis and Aston Martin drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
Carote’s Hong Kong IPO Is Said to Have Drawn Hillhouse, Shunwei
Chinese kitchenware maker Carote Ltd., which is set to be the first company to list in Hong Kong since Midea Group Co.’s $4.6 billion debut, has drawn interest from investors including Hillhouse …
China holds state ceremony to commemorate fallen national heroes
Chinese President Xi Jinping and other Communist Party leaders took part in a ceremony in Beijing to honor the country’s fallen national heroes a day ahead of celebrations marking the 75th anniversary of the People’s…
Europe’s biggest automaker is in decline. Volkswagen issues second profit warning due to weak demand and fading relevance in China
Europe’s biggest automaker is in decline. Volkswagen issues second profit warning due to weak demand and fading relevance in China.
China’s factory activity contracts less than expected in Sep, shrinks for fifth straight month
China’s manufacturing activity slightly improved in September 2024 from August’s six-month low, surpassing expectations. However, services activity slowed, missing market forecasts and..
Editorial: China urged to promptly resume Japan seafood imports under new accord
The Chinese government has agreed to lift the complete ban on seafood imports from Japan, put into force following the discharge of treated radioactiv …
