Xiaomi buys 842 million yuan site in Beijing to expand EV production
CHINESE tech company Xiaomi has purchased a plot of land in Beijing for 842 million yuan (S$156 million) to expand ...
Tag: Yuan
PBOC could mull letting yuan go without huge crash, survey shows
CHINA could let its tight grip on the yuan go without triggering a sustained market disruption, according to the majority ...
China’s financial elite face 2.9 million yuan pay caps, bonus clawbacks
THE era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest ...
Cash is leaving China again, pressuring yuan
A SLIDING yuan and extensive outflows of cash from the mainland into Hong Kong show China’s domestic investors are shelving ...
China loosens grip on yuan with weakest fixing since November
CHINA set the yuan’s daily reference rate at its weakest since November in a sign policymakers are loosening their grip ...
Fintech giant Ant Group spends record 21.2 billion yuan on research
ANT Group spent a record 21.2 billion yuan (S$4 billion) on research last year as the fintech giant increased its ...
Mapletree Logistics Trust to sell Xi’an subsidiary for 70.5 million yuan
MAPLETREE Logistics Trust : M44U 0% announced the divestment of its entire equity interest in its wholly foreign-owned enterprise, Mapletree ...
China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
BEIJING-BASED rocket developer Space Pioneer said on Thursday (Jun 6) that it had completed more than 1.5 billion yuan (S$280 ...
Sinopec unit agrees 7.956 billion yuan deal to build gas pipelines for Saudi Aramco
A SINOPEC service unit said on Thursday (Jun 6) it has signed a 7.956 billion yuan (S$1.5 billion) deal to ...
Hotel group Shangri-La to sell debut 1 billion yuan panda bonds
Luxury hotel operator Shangri-La Asia is tapping the onshore Chinese bond market for the first time, as diverging interest rates ...
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