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 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.
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 …
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.
ECB’s Knot Says Trade War Could Export China Deflation to Europe
China may start selling its products to Europe at discounted rates if the US starts a trade war by imposing new tariffs, according to European Central Bank Governing Council member Klaas Knot.
Oil slips in thin trade, investors focus on China, US data
Oil prices edged down on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world’s two largest oil…
China’s central bank highlights Hong Kong’s crypto licensing push amid global regulatory shifts
In its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto licensing.
Famous brands facing huge issues in China
Once seen as a dream market with incredible potential, China has become a commercial nightmare for a long list of foreign brands. From tech giants and airlines to luxury fashion houses, key overseas …
Oil inches higher in thin trade, investors focus on China, US data
Oil prices edged up on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world’s two largest oil…
China’s Dec manufacturing activity seen expanding for third month
China’s factory activity likely expanded for a third straight month in December, offering a glimmer of optimism to officials trying to steady the world’s No. 2 economy as they brace for further U.S. trade tariffs…
Newly released pictures show Joe Biden meeting Hunter Biden’s Chinese business partners
Newly released pictures show then-Vice President Joe Biden meeting some of his son Hunter Biden’s Chinese business partners during an official visit to the country, as well as Hunter meeting Chinese …