(Xinhua) China has placed the central city of Xi’an, which hosts about 13 million people, under lockdown to tame the rising cases of the coronavirus. The move to impose restrictions…
(Bloomberg) For over a decade, an invitation of the Chinese Communist Party officials to the Bridgewater Associates has remained a secret for Ray Dalio, who has held strong ties with…
(WSJ) New-energy passenger vehicles that include plug-ins boomed in 2021, with sales in the first eleven months of the year almost three-fold from last year. New-energy vehicle sales for November…
(Reuters) Chinese regulators are requesting the state-owned property entities and large players in the private sector to acquire in-crisis developers to avert risks to the economy. In line with the…
(PBC) The People’s Bank of China has reduced its one-year loan prime rate from 3.85% to 3.8%, marking the first cut since April last year at the height of the…
(Reuters) Chinese regulators are set to ban online brokerages including Futu Holdings Ltd and UP Fintech Holding Ltd from offering offshore trading services to mainland clients. The Nasdaq-listed Chinese companies…
(NBS) China posted a 3.8% improvement in factory output in November from last year, a higher growth compared to the expected rise of 3.6% and October’s 3.5% gain. Persistent headwinds,…
(Reuters) China’s central bank has kept the rate steady at 2.95% of the maturing one-year medium-term lending facility of 500 billion yuan or $78.5 billion to keep the economy liquid. …
(Bloomberg) Shares of China’s Weibo Corp. fell 9.6% in Hong Kong on Tuesday to trade at HK$219.80, below its initial public offer price of HK$272.80 after a fine by the…
(NBS) China posted a 2.3% year-over-year increase in consumer prices in November, a lower-than-expected jump of 2.5%, but above October’s gain of 1.5%. Factory-gate inflation eased in November, with the…
(IBT) China Securities Regulatory Commission has disowned reports saying it seeks to block variable interest entities from foreign funding and listing. The Chinese oversight authority says companies using the VIEs…
(FT) Chinese tech firms operating under the so-called variable interest entities are targeted in a new blacklist by Beijing seeking to limit the influence of foreign investors. VIEs have, for…