Yunnan province, a major aluminium production hub in China, has completed the second round of production curbs on electrolytic aluminium companies in six months.
China’s capital city of Beijing will continue to implement the government subsidies for new energy vehicle purchases this year and specific policies will be announced later.
Second-hand home transactions in China’s technology hub of Shenzhen reached 1,096 units in the week of Feb 20 – 27, an increase of 24.4% from the 881 units in the previous week.
Due to the global economic slowdown and rising inflation, consumer demand has weakened, and the number of ships needed for goods transportation has decreased, both in Asia, Europe and America.
Tesla nearly doubled weekly retail sales in the week of Feb. 20 to 10,703 vehicles versus a week prior, according to data.
Chinese electric vehicle maker BYD Co’s sub-brand Denza raised prices of all-electric version of only model on sale, only one week after deliveries started.
There is more than 80% chance for China Telecom’s Hong Kong-listed share price to gain in the next 60 days, with target
Chinese automaker and battery producer BYD has started construction of a new battery plant in Wenzhou, in east China’s Zhejiang province, raising
The Hang Seng Indexes Company has announced the results of the latest review on the constituent stocks of the Hang Seng Indexes.
Huatai Securities believes that 29 stocks may be added to the Southbound trading of the Mainland – Hong Kong Stock Connect schemes.
Goldman Sachs forecast a stable revenue growth of 7% – 8% and an EBITDA uptick of 6% – 8% for China’s three major telecom operators – China Mobile, China Telecom and China Unicom
The Hang Seng Index fell 0.79% to close at 19,785.9, the Hang Seng China Enterprises Index down 1.33% and the Hang Seng Tech Index sliding 1.62%.
Local cosmetics retailer Sa Sa International is leading the gains with a rise of more than 4%, followed by 3.8% gain in Bosideng International Holdings and 3% rise in Chinese Estates Holdings.
Hong Kong Chief Executive John Lee said that the mask mandate for all locations will be lifted starting from March 1.
China’s civil aviation market entered a stable period in the first week after the Spring Festival travel rush, with passenger traffic steady on a week-on-week basis.
Shares of Telecom Service One Holdings surged over 12% in Hong Kong, ZTE Corporation jumping nearly 7%, while China Communication Services and Yangtze Optical Fibre and Cable up more than 2%.
Chinese short video companies are falling in Hong Kong, with Bilibili down more than 3% and Kuaishou down over 1%.
China released guidelines for digital development, unfolding the blueprint and timeline for construction of a”digital China”. Building a “digital China” is an
Chinese automaker BYD Company said that the reported price cut in some Chinese regions are promotional activities conducted by dealers, and the carmaker itself has not considered a price cut.
Chinese e-commerce giant Alibaba Group is planning to promote its buy-online, pick-up-in-store business through the merger of the restaurant review service under its food delivery platform Ele.me with its digital mapper AutoNavi, Chinese news outlet Yicai reported citing a source familiar with the matter.
China’s wealth management product market shrank by over 2 trillion yuan ($290.2 billion) in the fourth quarter of 2022 as a sharp decline in Chinese bond prices led to outflows.
Despite the recent consolidation in China’s stock market, UBS remains optimistic about its economic outlook and maintains preference for Chinese and emerging
China should step up the efforts to ensure that new wind turbines and PV generators are completed and put into operation on
Overseas institutional investors’s holdings of China’s interbank bonds stood at 3.28 trillion yuan ($477.72 billion) as of the end of January, lower
The average mortgage rate for new home buyers in China’s 100 major cities hit 4.04% in February, falling by 6 basis points
Chinese food delivery giant Meituan has posted job advertisement and launched the recruitment of couriers in the city, according to the company’s
Zhejiang China Commodities City Group, the e-commerce services provider to the world’s largest wholesale market for small commodities in Yiwu, introduced its
China’s new bank loans hit a record high of 4.9 trillion yuan ($720.21 billion) in January, as the authority moved to shore up growth in the world’s second-biggest economy after the relaxation of Covid-19 control measures.
China’s consumer prices grew at a faster pace in January driven by surging spending on services after relaxation of Covid control measures and during the Spring Festival holidays, while factory-gate deflation deepened amid falling commodity prices.
China will resume dialogues and exchanges with Australia, expand cooperation and control differences to boost mutual trust and bring the bilateral relations
China’s retail sales of passenger vehicles reached 1.293 million units in January 2023, sliding 37.9% from a year earlier and down 40.4% from the month before.
The first shipment of Australian coking coal is set to arrive at a southern Chinese port on Wednesday night following breakthrough trade talks between the two countries this week.