Chinese
Chinese court rules two Sinochem refineries in Shandong bankrupt
A CHINESE court has ruled that two refineries owned by state oil and chemical group Sinochem were bankrupt after creditors failed to agree on restructuring plans, according to court...
Chinese appliance giant Midea’s shares jump 9.5% on Hong Kong debut after raising US$4 billion
SHARES of Chinese appliance maker Midea Group rose in their Hong Kong debut after the city’s biggest listing in three years saw robust demand and revived hopes of a...
Chinese stock traders ponder just how bad the economy can get
A slew of poor economic data from China is deepening pessimism among equities traders wondering what it’d take for authorities to initiate forceful stimulus.Figures released on Saturday (Sep 14)...
Chinese EV giant BYD ramps up hiring as Beijing prioritises employment
BYD has significantly ramped up hiring, increasing its workforce to more than 900,000 people as at Friday (Sep 13), a senior manager said, making the Chinese electric vehicle giant...
Two Chinese AI chipmakers seek IPOs to mount challenge to Nvidia
TWO of China’s most prominent designers of artificial intelligence (AI) chips are each targeting an initial public offering (IPO) in Shanghai as soon as this year, taking advantage of...
Germany lines up with Spain against EU tariffs on Chinese EVs
GERMAN Chancellor Olaf Scholz joined Spanish Prime Minister Pedro Sanchez in calling for the European Union to drop its plan to impose extra tariffs on Chinese-made electric vehicles (EVs),...
Huawei’s tri-foldable phone stirs Chinese pride but US$2,800 price tag panned
HUAWEI’S new tri-foldable smartphone has ignited nationalistic pride in China with social media abuzz with what supporters see as its ability to out-innovate Apple despite US sanctions – even...
Chinese stock exchanges add Alibaba into Stock Connect Scheme
CHINA’S Shanghai and Shenzhen stock exchanges will include Chinese e-commerce giant Alibaba Group and some other companies into its Stock Connect cross-border investment scheme from Sep 10, separate filings...
