Latest News: AF Indexes
Industry ministry orders officials and firms to eliminate illegal activities in the sector, after the IEA called for a more diverse supply chain to reduce China's PV manufacturing dominance
With billionaire Ma giving up control of Ant, any potential revival of its IPO may be pushed back by a year or more, the WSJ reported.
Hyundai Capital America submitted inaccurate payment information to credit reporting agencies for years, damaging consumers' credit ratings and driving up their borrowing costs.
China's $20 trillion bond market has suffered continuous foreign outflows since February amid rising geopolitical tension and lingering Covid outbreaks...
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China Stock Market Booms in June as Foreigners Exit Bonds07 Jul 2022
China bonds registered $2.5 billion of outflows last month, the fifth consecutive month of foreign outflows, but over $9.1 billion of foreign inflows went into China's stock market in June, the IIF said...
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China Panda Bond Issuance Drops by Half From 2021 – Nikkei27 Jun 2022
The yuan-denominated bonds are offered by mostly European automobile firms and financial institutions to balance foreign exchange risks...
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China’s Local Bond Issuance Hits a Record $210bn in June – Nikkei28 Jun 2022
Local administrations issued bonds to the tune of 1.41 trillion yuan ($210 billion) up till Sunday June 26, which was an 80% jump from a year ago, and that total could rise further...
Asia Financial's China Electric Vehicles Index, which tracks 14 leading electric car makers, slumped 13% in March and is down 26% so far this year....
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Chip Shortage in China Could Curb Its EV Momentum19 Jul 2022
Tech experts say China will be dependent on foreign suppliers for years, so carmakers, who face a boom in demand and long supply delays, sometimes have to pay a premium to chip brokers...
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Chinese Electric Car Maker Nio’s Shares Plunge on Short Seller Report30 Jun 2022
New York-based Grizzly Research alleged that China EV manufacturer Nio used creative accounting to inflate its net income margins. Nio said on Thursday the claims had no merit and 'contained errors'....
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Geely-Backed Fund Joins $108m Investment in Imaging Firm08 Jun 2022
GLy New Mobility Fund, a global mid-to-late-stage fund, said it made the investment in Vayyar Imaging, a 4D imaging radar-on-chip provider...
The announcement on Thursday by the Cyberspace Administration of China followed a year-long investigation into Didi's collection and use of its customer data...
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Citi Opens Clearing, Settlement Deal with New Beijing Bourse14 Jan 2022
The lender can now support Qualified Foreign Institutional Investors, who have direct access to A-shares denominated in yuan on Chinese stock exchanges...
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Baidu Cloud, AI Services Draw $4.2bn in March Quarter26 May 2022
Curbs in China to contain the spread of Covid-19 appeared to boost demand for Baidu's cloud services and AI products, helping the group record revenue that topped estimates...
A Guatemalan girl, who turns 14 this month, and her two brothers, aged 12 and 15, all worked at the plant earlier this year and weren't going to school...
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Acciona Plans $26bn Splurge on Australian Clean Energy – SMH14 Jul 2022
Spanish energy and building giant Acciona plans to spend $26 billion on renewable energy projects in Australia over the next five years, the company's chairman said...
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Auto Firms Chase Smaller, Cheaper, Faster EV Batteries11 Jul 2022
Battery makers for electric vehicles are studying ways to create smaller and cheaper batteries to bring down prices, as batteries are currently the most expensive items in EVs....
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