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 price at HK$5, …
Chinese automaker and battery producer BYD has started construction of a new battery plant in Wenzhou, in east China’s Zhejiang province, raising its bet on …
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 important engine for …
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 market stocks, the …
China should step up the efforts to ensure that new wind turbines and PV generators are completed and put into operation on time, and policy …
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 than 3.39 trillion …
The average mortgage rate for new home buyers in China’s 100 major cities hit 4.04% in February, falling by 6 basis points from the previous …
Chinese food delivery giant Meituan has posted job advertisement and launched the recruitment of couriers in the city, according to the company’s recruitment information. The …
Zhejiang China Commodities City Group, the e-commerce services provider to the world’s largest wholesale market for small commodities in Yiwu, introduced its online payment platform. …
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 back to a …
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.
Chinese electric vehicle maker Li Auto on Wednesday launched Li L7, a five-seat flagship family sport utility vehicle it wants to rival cars like Tesla’s Model Y.
Meng Wanzhou will begin her term as the rotating chairperson of Huawei Technologies on April 1, state-backed Shanghai Security News reported on Wednesday.
Fitch Ratings raised its forecast for China’s economic growth in 2023 to 5%, from 4.1% previously, reflecting evidence that consumption and activity are recovering faster than initially anticipated after the authorities moved away from their “dynamic zero Covid-19” policy stance in late 2022.
China’s largest question and answer platform Zhihu, surged as much as 57% to hit HK$36.6, marking the highest on record, before paring gains to close up 39.6% at HK$32.45.
China’s economic growth stabilized at the end of last year and rebounded at the beginning of 2023, said Chinese Premier Li Keqiang chaired a seminar on Tuesday, according to the official Xinhua News Agency.
Chinese power battery makers saw strong growth in installed capacity in 2022, while Korean and Japanese peers underperformed, showed a report by South Korean market research firm SNE Research.
China recorded 676,000 cross-border passenger trips on Feb 6, the highest daily figure since the start of the pandemic, rising by 32.8% from a year …
China’s foreign exchange reserves stood at $3.184 trillion in January, according to data released by the State Administration of Foreign Exchanges, rising by$56.8 billion from $3.128 trillion in the previous month.
China’s economy is expected to expand 5.3% in 2023, Nomura said in a note, higher than its previous forecast of 4.8%.
China’s wholesale sales of NEVs are expected to reach 1.5 million units in the first quarter of 2023 and are on track to reach 9 …
