On Monday, President Trump announced via Truth Soc ial that he will approve the sale of Nvidia’s ( NVDA) H200 chips to certain companies in China and other countries. The move is a positive for…
Tagged By finance
China’s CIC profit jumps 30.4% on investment gains, financial capital under management grows
Sovereign wealth fund China Investment Corp (CIC) on Tuesday said its 2024 net profit rose 30.4% from a year earlier as returns on overseas investments exceeded targets and domestic financial capital …
China executes banker for accepting 133 million euros in bribes
In recent years, several high-ranking officials have been sentenced to death for financial excesses in the Chinese banking sector. A banker named Bai Tianhui was executed in China on Tuesday for …
China urges trade partners against tariffs as record surplus stirs tensions
China’s Premier Li Qiang urged trading partners to reject rising protectionism, a day after the world’s second-largest economy posted a record $1 trillion trade surplus driven by a rush of exports to …
Xinhua Finance to acquire Beijing Alpha Financial Engineering Company
Xinhua Finance Limited (“Xinhua Finance”) (TSE Mothers: 9399; OTC: XHFNY), China’s unchallenged leader in financial information and media, today announced it has signed an agreement to acquire Beijing …
What Trump’s Nvidia China sales approval means for the Mag 7
President Trump announced on Monday that he has approved Nvidia (NVDA) selling H200 chips in China. Yahoo Finance Senior Reporter Ines Ferré, Siebert Financial chief investment officer Mark Malek, and …
China Development Bank Financial Leasing announces 2025 extraordinary shareholders’ meeting
Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence. Subscribe to TipRanks’ Smart Investor Picks and see our data in action through our …
China executes second ex-Huarong executive for taking over $156 million bribe
Bai Tianhui, a former general manager at the firm, was executed Tuesday by a court in Tianjin city following the approval of the Supreme People’s Court, China Central Television reported.
Beijing leverages finance to fuel tech innovation
Beijing has made significant strides in developing a robust financial ecosystem that supports technological innovation. The capital city has channeled substantial financial resources into scientific …
China executes billion-dollar banker — former Huarong boss Bai Tianhui took bribes so massive they shocked the state
China has executed Bai Tianhui, a former general manager of China Huarong International Holdings, after he was found guilty of accepting huge bribes. State broadcaster CCTV reported that Bai took 1.1 …
China’s November bank lending seen more than doubling from previous month, Reuters poll
New bank loan issuance in China likely more than doubled in November, a Reuters poll showed on Tuesday, driven by seasonal factors and the early impact of a financial instrument introduced in …
China executes former official of Huarong offshore finance unit for graft
China executed on Tuesday a former general manager of China Huarong International Holdings, Bai Tianhui, for taking bribes totalling 1.1 billion yuan ($156 million), state broadcaster CCTV said.
Trump gives Nvidia green light to sell advanced AI chips to China
President Trump and Nvidia boss Jensen Huang at a White House event this year [] US President Donald Trump has announced that he will allow AI chip giant Nvidia to sell its advanced H200 chips…
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