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China’s lithium prices are expected to remain elevated this year amid strong demand, but the prices will see downward pressure next year as lithium supply …
China’s Ministry of Culture and Tourism on Thursday said train tourist tours will be resumed in a bid to boost cross-provincial travel, though relevant tour operators must be subject to the circuit breaker mechanism.
Hong Kong stocks open higher on Friday, with the benchmark Hang Seng Index up 1.5%, the Hang Seng China Enterprises Index up 1.4% and the Hang Seng Tech Index up 1.85%.
China’s cyberspace regulator said that rules requiring data exports to undergo security reviews would be effective from Sept. 1, the first time it has given a start date for the new regulatory framework.
A property developer in China’s tech hub of Shenzhen has launched a trade-in promotion, allowing home buyers to trade their old home in exchange for a new one, the National Business Daily reported on Thursday.
China’s foreign exchange reserves hit the lowest level since March 2020, approaching the closely-watched $3 trillion mark, amid US dollar’s strengthening fueled by aggressive interest …
China’s electricity consumption is expected to rise by 7% in the second half of the year from the same period last year, expanding by 4 percentage points from the previous six months, according to a report released by the China Electricity Council on Thursday.
China’s economy is recovering but the foundation is not solid and more efforts are still needed, Premier Li Keqiang said at a meeting with senior officials from Shanghai, Guangdong, Fujian, Jiangsu and Zhejiang on Thursday, according to state broadcaster CCTV.
Chinese stocks have been outperforming global markets since June and constituent stocks of the MSCI China Index could have 10% upside this year, UBS said in a note.
Soho China, one of the biggest office building developer in China, said its chief financial officer is being investigated for suspected insider trading while other officers are helping with the probe.
Hong Kong government said that it has decided to pause the “flight suspension mechanism” for specific routes following preliminary reviews, taking effect on Thursday until further notice.
Stocks of Chinese electric power companies are surging on expectation of strong power demand in the summer season and after authorities took measures to stabilize coal prices.
The sell-off in crude oil related commodities continue in China. The most-traded crude oil futures contract on the Shanghai International Energy Exchange, for August delivery, is sliding more than 6.5% to hit 633 yuan per barrel on Thursday morning.
China will support new energy vehicle consumption and study extending purchase tax exemption for new energy vehicles, according to a notice on boosting auto sales jointly issued by 17 government departments including the Ministry of Commerce on Thursday.
Hong Kong stocks open lower, with the benchmark Hang Seng Index down 1.08%, the Hang Seng China Enterprises Index down 1.56% and the Hang Seng Tech Index down 1.68%.
Overseas investors continued to cut holdings in Chinese bonds in June but added positions in equities, the Institute of International Finance said.Â
The ongoing rebound in China’s live hog prices has been stronger than market expectations, said China Merchants Securities in a note. According to data compiled …
China Evergrande New Energy Vehicle Group, the electric car unit of the embattled property developer China Evergrande Group, has launched Hengchi 5 sport-utility vehicle, the company’s first car model since its inception three years ago.
China’s motor vehicle ownership stood at 406 million units by the end of June, according to data released by the Ministry of Public Security.
Chinese steelmakers are suffering from sector-wide losses, as demand remains sluggish, inventories pile up and prices decline, and many mills have decided to start equipment maintenance ahead of schedule to reduce steel supply.
China’s road cargo transportation is seeing disruptions again as heavy rainfalls hit several regions in South China which hampers its recovery from the impacts of the Covid-19 outbreaks.
China’s Foreign Ministry said that it’s closely monitoring reports of Indian agency’s raids of Chinese smartphone maker Vivo, urging India to earnestly provide a fair, just and non-discriminatory business environment for Chinese companies.
Tencent Holdings said it’s discontinuing its game portal app WeGame on mobile devices due to changes in its business strategy.
Property developer China Fortune Land proposed to sell the Changjiang Centre project in Wuhan, capital of central China’s Hubei province,Chinese news outlet Cailianshe reported on Wednesday citing sources.
US President Joe Biden’s team is still looking at options on whether to cut tariffs on Chinese imports to ease inflation, the White House said on Tuesday, as more than 400 requests to keep tariffs in place on Chinese goods had been submitted to the US Trade Representative’s office as of late Tuesday, complicating Biden’s decision-making.
