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CHINA EVERBRIGHT GROUP
China to allow more banks to handle digital yuan, sources sayThe push to put the digital yuan into the real economy has been slow so far since its launch in 2019, with most retail customers already ab...- Alibaba’s main AI app debuts strongly in effort to rival ChatGPTAlibaba's Qwen app has seen a massive surge, crossing 10 million downloads post-relaunch, signaling a strong contender against OpenAI's Cha...
- China's aging population fuels 'silver economy' boom, but profits can prove elusiveDriven by a rapidly aging population, China is expanding services and products for older adults. Universities and community care facilities...
- Chinese tech mogul not seen in weeks after official probe: reportsDouYu founder and CEO Chen Shaojie has not been seen since October and industry insiders believe it is related to suspected gambling during...
- China's top tech banker, Bao Fan of China Renaissance, goes missingBao is a well-known dealmaker in China who has carved out a career working on high-profile tech transactions. He started China Renaissance ...
- Bankers turned billionaires for an instant, then came 89% crashMagic Empire Global Ltd., which provides underwriting and advisory services and has helped just one company go public in two years, soared ...
- Tencent to give $16.4 billion JD.com stake to shareholders as dividendTencent will distribute $16.37 billion worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce...
- Evergrande debt deadline passes with no sign of payment: SourcesOnce China's top property developer, with over 1,300 real estate projects and $300 billion of liabilities, Evergrande has been the poster c...
- Too little, too late? Evergrande's tortuous restructuring, asset sales in focus after default avertedWith more than $300 billion in liabilities, Evergrande, once China's top-selling property developer, faces deep scepticism on whether it ca...
- Alarmed by Evergrande, China's lenders hold back on new credit for property developers"The market is worried that real estate companies have a high concentration of cashflow problems, which would trigger large-scale bad debt ...
- Adani Ports sees strong demand for $750 million bondsThe company raised $750 million for which it obtained bids over $2 billion, said dealers.
- China stock rally pauses on stake cuts, U.S. sanctionsThe market could face a correction risk in the short term
- China shares end higher on Covid-19 vaccine, economic recovery hopesThe blue-chip CSI300 index was up 0.85 per cent, with its financial sector sub-index climbing 0.58 per cent.
- Hang Seng revamps benchmark index to open door for AlibabaDual class and secondary listings will each be subject to a 5% weighting cap.
- China stocks fall as investors fear more tariffsAt the close, the Shanghai Composite index ended 12.74 points, or 0.5 per cent, lower at 2,704.34.
- Consortium of Chinese companies buys stake in Pak bourseThe consortium, including three bourses China Financial Futures Exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange, picked up a ...
- Chinese consortium ready to raise Liverpool valuation - reportSOCCER-ENGLAND-LIV-CHINA:Chinese consortium ready to raise Liverpool valuation - report
- Soccer-Chinese consortium ready to raise Liverpool valuation-reportSOCCER-ENGLAND-LIV/CHINA:Soccer-Chinese consortium ready to raise Liverpool valuation-report
- JP Morgan Chase hiring practices in India, Singapore and South Korea under scrutinyAuthorities are scrutinising after a probe into their activities in China regarding hiring children of powerful officials to win lucrative ...
- Banking investment in China set to skyrocketAround $5.7 billion in insurance capital could flood into China's banking sector this year after the nation's insurance watchdog unveiled a...
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