JPMorgan upgrades China’s stocks on multiple positive drivers
These include policy support, easy liquidity, governance reforms and net-positive prospects for AI-heavy stocks [SINGAPORE/ HONG KONG] JPMorgan Chase has raised its recommendation for…
Tag
Chinas
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey Chinese automotive suppliers are inundating Germany with low-cost components, piling pressure on…
China’s Anta Sports is said to explore potential bid for Puma
Chinese sports apparel company Anta Sports Products is among firms exploring a potential takeover of Puma, according to sources familiar with the matter. Hong Kong-listed Anta has been…
China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates
The company has accelerated overseas investment this year, notably expanding food delivery to additional cities Didi Global reported an 8.6 per cent rise in third-quarter revenue on…
China’s GWM targets 300,000 annual production with first Europe car plant
Chinese automakers are increasingly looking to expand overseas as a way of escaping a brutal, prolonged price war touched off by domestic overcapacity [BAODING, China] China’s Great Wall…
WeRide trims losses as China’s robotaxi race gains momentum
The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region WeRide narrowed its third-quarter net loss on increased…
China's Unipec agrees to jet fuel term supply deal with Lufthansa
China’s state oil trader Unipec, a vehicle of refining giant Sinopec Corp, has signed a term deal to supply about 60,000 metric tons of jet fuel to Lufthansa annually, Sinopec said on…
China’s grip on copper sets scene for make-or-break supply talks
Tensions have been building for years, fuelled by a rapid expansion of metal-processing capacity that has outpaced mined production A pricing mechanism underpinning the global…
China’s Premier Li Qiang launches charm offensive on rare earths at G20
European nations have been hit hard by the Asian nation’s decision to require export licenses for metals with military purposes CHINA’S Premier Li Qiang came to the Group of 20 (G20)…
China’s fluid humanoid stuns – but US still rules robot brains
CHINESE EV maker XPeng wowed audiences with its latest humanoid robot, Iron, at a recent launch. Compared with last year’s somewhat stiffer first-generation model, the upgraded version…
As Elon Musk plans a robot army, China's humanoid bots are already on the market
As Elon Musk touted plans to eventually manufacture an army of Tesla bots in Silicon Valley this month, humanoid robots were already being produced and sold to consumers in China. Chinese…
China’s Lenovo signs long-term component-supply deal for next year
Global memory chip prices are climbing due to demand from data centre operators for building AI servers Lenovo said on Thursday (Nov 20) that it has signed long-term contracts for memory…
Air India lobbies to use airspace over China’s Xinjiang as financial woes mount
The airline has been seeking to rebuild its reputation and international network after a London-bound Boeing 787 Dreamliner crashed in Gujarat in June Air India is lobbying the Indian…
China’s Rich and Famous Can’t Get Enough of Laopu Gold, Here’s Why
LONDON — China‘s middle class has been deep in the Labubu game this year, while those with much larger disposable incomes are embracing an education in Chinese arts and crafts in the form…
China’s Singles’ Day shopping festival winds down with ‘muted’ sentiment, sales expectations
Consumer malaise in China has made it harder than ever to get people to open their wallets China’s Singles’ Day sales festival is coming to a close after more than a month of promotions on…
Costa Coffee attracts takeover interest from backer of China’s Luckin
CENTURIUM Capital, the private equity backer of fast-growing Chinese chain Luckin Coffee, is considering a bid for UK cafe operator Costa Coffee, people with knowledge of the matter said.…
China’s central bank to maintain accommodative policy as challenges persist
It will keep liquidity ample, keep prices reasonable, and lower the costs of banks’ liability and social financing China’s central bank said on Tuesday (Nov 11) that it would maintain an…
Honda’s bigger threat comes from China's EV makers, not tariffs or chips
Honda’s downgrade to its full-year profit outlook underscores the immediate pressure from US tariffs and global chip shortages – but the deeper, longer-term challenge lies in intensifying…
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins [BEIJING/SHANGHAI] China’s Internet platforms are quietly…
Apple Pulls China’s Top Gay Dating Apps After Government Order
Apple has removed two of the most popular gay dating apps in China from the App Store after receiving an order from China’s main internet regulator and censorship authority, WIRED has…
China’s robotaxi firms Pony.AI and WeRide sink on Hong Kong debut
SHARES in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts on Thursday, after raising more than US$1.1 billion, with experts warning China is not yet…
China’s ICBC to open vault boosting Hong Kong’s gold ambitions
China’s largest state-owned bank plans to open a precious metals depository at Hong Kong International Airport, offering a boost to both the lender’s trading operations and the city’s…
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the port of Tianjin, in the jade waters of the Bohai…
After China’s long retail downturn, CEOs see consumer spending coming back
Several North American and European companies have posted positive results in the Asian nation in recent weeks Top executives at Western brands that do business in China are showing…