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East China’s Zhejiang province, a major economic powerhouse neighbouring the financial hub of Shanghai, is currently seeing more than one million new daily COVID-19 cases, …
China’s military said it had conducted “strike drills” in the sea and airspace around Taiwan on Sunday in response to provocation from the island and …
China and Switzerland have achieved mutual recognition of the equivalence of auditing standards and audit oversight system, the Chinese finance ministry said Friday.
China’s retail sales of passenger vehicles are expected to reach 2.2 million units in December, rising 4.5% from a year earlier and up 33.3% from the previous month.
China’s Jiangxi province is expected to see a peak of Covid infections in early January next year, while most regions in Anhui are expected to see Covid-19 outbreaks hit a peak by the end of this month, said local authorities.
The number of domestic trips during the three-day New Year’s Day holiday is expected to jump 34% on year, according to China’s largest online travel agency Trip.com.Â
The People’s Bank of China (PBOC) injects 2 billion yuan liquidity to the banking system via 7-day reverse repo and 203 billion yuan liquidity via …
Chinese local governments are taking steps to address drug shortages, while pharmaceutical companies were working extra-time to boost supplies, according to state media.
Chinese distressed asset management companies (AMCs) have been accelerating the work to resolve the risks in the real estate sector since the start of this …
Chinese tech giant Tencent will step up its efforts in cost reduction and efficiency enhancement, said chairman Pony Ma at an internal staff meeting last Thursday, according to mainland news outlet Jiemian News.
Koolearn Technology, the online education and e-commerce unit of New Oriental Education, surged by more than 8% to hit a new record high of HK$54.7 before closing 7.35% at HK$54.05.
China’s silicon wafer prices tumbled this week, with the prices of M6 and M10 monocrystalline silicon wafer sliding 15% – 20% from previous week, according to an industry association.
China’s equity investment market, including early investment, VC investment and private equity investment, reached 725.7 billion yuan in the first three quarters of the year, slumping 33.9% from a year ago, according a research report.
The People’s Bank of China (PBOC) will maintain the Chinese yuan’s exchange rate at a reasonable and balanced level and use multiple monetary policy tools to ensure ample liquidity in the financial system.
The Hang Seng Index gained 2.7% to close at 19,679 on Thursday, the Hang Seng China Enterprises Index up 3.3% and the Hang Seng Tech …
The Shanghai Composite Index closed 0.46% down at 3,054, the Shenzhen Component Index down 0.33% and the tech-heavy Chinext Price Index down 0.36%. Education companies …
Shares of Yum China gained 3.4% to close at HK$449 in Hong Kong. BlackRock, Inc spent HK$1.304 billion bought 2.99 million shares of Yum China …
Xpeng Motors is surging 11.5%, Nio and Li Auto gaining about 5%, Leapmotor and Great Wall Motors up more than 3%. Data released by the …
The Hang Seng Tech Index jumped as much as 5% at one point before paring gains to 4.4% as of 11:04 am local time. Bilibili is jumping 11%, JD.com up 6.6%, Kuaishou, Meituan and Baidu up more than 6%, Alibaba gaining 5.2% and Tencent up over 4%.Â
Chinese property developer stage a strong rally after the PBOC and the top securities regulator reiterated support to the sector. Ronshine China is jumping 20% as of 11:11 am local time in Hong Kong Logan Group up nearly 10%, CIFI Holdings up more than 6%.
China will promote high-quality opening of the capital markets, expand the Mainland – Hong Kong Stock Connect scheme and establish a mechanism for regular cooperation on audit supervision between Chinese and US to create a more stable and more predictable environment for international regulatory cooperation, said the China Securities Regulatory Commission (CSRC).
Indebted property developer Sunac China has reached a financing agreement with China Orient Asset Management Co. Ltd, one of the country’s four state-owned national distressed asset managers, for a property project in Wuhan.
China’s retail sales of passenger cars reached 542,000 units in the week of Dec 12 – 18, rising 18% from a year earlier, up 44% …
Embattled property developer China Evergrande Group has managed to get support of numerous construction companies and construction material suppliers to protect the lawful rights and interests of its home-buyers and creditors.
China’s fiscal revenue grew by 24.6% in November from a year earlier, accelerating by 9 percentage points from the previous month, improving for the fourth consecutive month.
China’s postal parcel collection volume declined by 13.3% on December 12 from the previous day, while parcel delivery volume dropped by 1.2%.
Several regions in China have allowed people infected with Covid-19 but having no or mild symptoms to go back to office.
