The market next week is expected to remain consolidative and try to rebound with a fall in volatility. The market participants will focus on the September quarter earnings, Hyundai Motor India IPO, US retail sales,
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China shares flop on weak export data while Nvidia gives Japan a boost
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.
Nvidia Stock Falls Amid Report of U.S. Extending Cap on AI Chip Exports Beyond China
Nvidia stock was falling Tuesday. The chip maker may face more limitations on exports of its advanced artificial intelligence chips. U.S. government officials have discussed capping sales of advanced AI chips from the U.
This Chinese EV maker is up for a battle with Elon Musk in China
Xpeng co-president Brian Gu said the Guangzhou-based EV startup was keen to see how its autonomous driving technology shapes up to Elon Musk’s.
China reportedly looks to raise $850B in new debt to spur growth
China is considering raising an additional 6 trillion yuan ($850 billion) over three years through special Treasury bonds to stimulate its
China has built a giant Osprey-like drone that engineers say can carry 10 passengers and fly at 340 mph
The Lanying R6000, or the Lanthanum Shadow, is designed to carry up to 4,400 pounds and fly a maximum of 2,400 miles, per a government-shared report.
China may raise US$850 billion in new debt over three years to spur growth, says report
BEIJING: China may raise an additional 6 trillion yuan (US$850 billion) from special treasury bonds over three years to stimulate a sagging economy, local media reported, a figure that failed to …
China’s Car and Ship Exports Hit Record Despite Slowing Trade
China’s exports of both cars and ships hit records in September even as broader shipments slowed, underscoring the rapid changes in the nation’s industry that are fueling global trade tensions.
China’s Trade Surplus Contracts In September
Export growth slowed to a five-month low of 2.4% year-on-year, while import growth remained little changed at 0.3% YoY. Click to read.
CR Beverage Prepares to List With Near $650.0 Million IPO
The Chinese beverage company is testing investor interest in its business with a nearly US$650 million Hong Kong listing, taking advantage of growing risk appetite for new equity offerings in one of …
China’s top private firms cut jobs, await greater support to allay anxieties
All-China Federation of Industry and Commerce report shows China’s top 500 private enterprises cut 314,600 jobs in 2023 compared to a year earlier.
Kraft Heinz celebrates 40 years in China: transforming for the future
In 2020, Kraft Heinz moved its Asian headquarters from Singapore to Shanghai. This reaffirms Kraft Heinz’s long-term commitment to the Chinese market and its dedication to serving the needs of its consumers while underscoring the…
China’s economic turnaround depends on the will to grow private sector
CHONGQING – China has signalled that it is pushing for the growth of its private sector, which economists say is key to its economic recovery and to help solve two of the country’s biggest headaches:…
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