This is a report from the Shandong 0ffice of Hong Kong Business Daily. Recently, the ‘Vietnam China Shandong (Tai’an) Mining and Processing Technology Exhibition’ was held in Vietnam to assist mining …
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Stock Market Today: Nasdaq Falls After China Chip Scare; Crypto IPO Shoots Higher Again (Live Coverage)
Major stock indexes ceded early gains on the stock market today, but the session still served up plenty of strong movers.
Global IPO market hits nine-year low amid market volatility
As businesses struggle with growing interest rates, volatile markets, and unclear trade policies, initial public offerings (IPOs) have decreased globally to their lowest level in almost ten years. As …
Trump’s top tech expert warns US can’t get complacent in AI competition with China
Trump administration AI czar David Sacks warns America isn’t guaranteed to win a tech race with China, advocating for export controls while ensuring U.S. technology dominates globally.
China’s January-to-May fiscal revenue falls 0.3%
China’s fiscal revenue declined by 0.3% in the first five months of 2025 from a year earlier, finance ministry data showed on Friday, as global trade uncertainty intensified by U.S. tariffs weighed on …
‘If Middle East Is Unstable, World Will Not Be at Peace’: How China Views the Israel-Iran War
“If the Middle East is unstable, the world will not be at peace,” Chinese President Xi Jinping said Thursday. “If the conflict escalates further, not only will the conflicting parties suffer greater …
Why Iran War Hurts China More Than America
China’s energy imports are vulnerable as Iran’s conflict with Israel threatens to drag the United States into a war.
Labubu maker Pop Mart’s shares slide after China state media calls for stricter oversight of blind-box craze
Shares in Pop Mart International Group tumbled in Hong Kong trading after a Chinese state media commentary reignited regulatory concerns over the booming blind-box toy sector, triggering a sell-off in …
China’s rare earth magnet exports slump to five-year low in May
Chinese shipments of rare earth magnets saw a considerable drop in May, with shipments halving compared to April and touching their lowest level in more than five years. China shipped out 1,238 metric …
US Tariff Spike Hits China’s Small Parcels, Squeezing Exporters
US tariff hikes on small packages from China triggered a slump in shipments last month, contributing to a huge drop in bilateral trade and roiling exporters like Shein Group Ltd.
China’s Baidu Sets Sights on Singapore and Malaysia for Robotaxi Expansion
Apollo Go could enter the Southeast Asian market as early as this year as Chinese autonomous-driving companies race to grow overseas.
China’s e-commerce sector shows robust 8.5% y-o-y growth in Jan-May: Commerce Ministry
China’s e-commerce sector maintained robust growth momentum between January and May 2025, with online retail sales increasing by 8.5 percent year-on-year. It has leveraged its strengths in innovation, …
China Flexes Chokehold on Rare-Earth Magnets as Exports Plunge in May
Total export volumes of rare-earth magnets from China fell 74% in May from a year earlier, according to a Wall Street Journal analysis of Chinese customs data. That was the bigges …
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