Alibaba becomes China’s new AI darling with US$87 billion rally
THE frenzy over Chinese artificial intelligence is turning Alibaba Group Holding into an investor favourite again, injecting new life into an e-commerce giant that had nearly sunk into…
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Eternal Beauty, China’s Largest Fragrance Distributor, Revives Hong Kong IPO Bid
Eternal Beauty, China‘s largest fragrance distributor, has recently resubmitted its main board listing application in Hong Kong. The company initially filed for an IPO last July. According…
China’s CATL to file for at least US$5 billion Hong Kong listing this week: sources
CHINESE battery giant CATL plans to file a Hong Kong listing application this week to raise at least US$5 billion, according to two sources with direct knowledge of the matter. The filing…
China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on Friday (Feb 7). China’s gold reserves were 73.45…
US: Wall St muted at open after China’s retaliatory tariffs
WALL Street’s main indexes were subdued at the open on Tuesday (Feb 4) as investor appetite for risk waned after China retaliated against new trade restrictions announced by US President…
US: Wall St opens sharply lower as China's AI push rattles Big Tech
Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other…
China’s new rules to add one trillion yuan into market: analysts
ANALYSTS see China’s latest initiatives injecting at least one trillion yuan (S$186 billion) of additional flows in 2025 into its ailing stock market, with the most bullish calculation by…
Comac jets for Vietnam show China’s push for international market
CHINA’S drive to break into foreign aviation markets with its homegrown Comac jets has intensified, with a push to persuade Vietnam to authorise its planes in the country, according to two…
China’s vehicle export growth set to slow in 2025: CAAM data
China's vehicle export growth is expected to temper to 5.8%, reaching 6.2 million units this year, a significant deceleration from the 19.3% surge experienced in 2024, according to China…
China’s battery giant CATL hires banks for first-half Hong Kong float: sources
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city’s largest offerings in 2025, two people…
Report on China's new fleet of barges drops amid Taiwan invasion fears
A report published by the Naval News on Friday that China is building a fleet of barges suitable for amphibious landings amid fears of a Taiwan invasion. Newsweek reached out to the U.S.…
China’s richest regions cut electricity prices to protect industries
MORE Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers. The richest coastal…
US blacklist of China’s tech giants risks faster decoupling
THE US’s latest move to expand its list of Chinese military companies risks doing more than tanking the shares of some of its most valuable companies: It also threatens to accelerate…
China’s Shandong Port, entry point for most sanctioned oil, bans US-designated vessels
SHANDONG Port Group has banned US-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil…
China’s biggest shipping line added to US military blacklist
COSCO Shipping Holdings, China’s biggest marine transport line, has been blacklisted by the US government for alleged links with the People’s Liberation Army. The shipping line was named…
China’s Geely Holding targets over five million units of annual sales by 2027
CHINA’S Geely Holding Group on Sunday (Jan 5) said it aims to sell more than five million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating…
E-commerce giants jump on China's latest trade-in programme amid heated competition
China's major e-commerce companies, from JD.com to Alibaba Group Holding, are rushing to take advantage of Beijing's latest subsidies aimed at spurring consumer spending at the start of…
Alibaba to sell China’s Sun Art to buyout firm at big discount
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus on…
The new Great Wall: China’s $70 billion, 2,700-mile water transfer mega-project
Throughout history, China has reshaped its geography to meet its growing needs. And now, it is undertaking what may be the largest infrastructure project ever, the South-North Water…
ASML CEO Claims China's Semiconductor Industry is 10 to 15 Years Behind
Chinese tech firms entered a brave new world in 2020 as the US began restricting access to advanced semiconductor technologies. Those limitations have only been strengthened in recent…
China’s record dividend payout intensifies pressure on the yuan
China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts leading to outflows. Interim dividends paid by Hong…
Brazil yanks temp work visas for China’s BYD after trafficking claims
BRAZIL has stopped issuing temporary work visas for BYD, the Ministry of Foreign Affairs said on Friday (Dec 27), in the wake of accusations that some workers at a site owned by the…
Factbox-What is China's Jinjiang, the BYD contractor under fire in Brazil?
SHANGHAI (Reuters) - China's Jinjiang Group is in the spotlight after Brazil's labour authorities said workers at a factory it is building for electric vehicle maker BYD were victims of…
China’s local-finance cleanup opens new chapter with state firms
CHINA’S latest measures to deal with the financial risks of local officials have centred on a massive debt-swap plan, but a companion step is now drawing attention as a possible new tool.…