The closed-door annual meeting is closely watched by investors looking to gauge China’s policy and reform agenda

The state-backed fund is looking to support various elements of the semiconductor supply chain, including “design, equipment, components and raw materials,” state media says

US Commerce Secretary warns chip sector that Washington is set to “transform” its approach to export controls to stop firms like Nvidia from innovating specifically for the Chinese market

Hedge funds rotated their positions to developed Asia markets, including Hong Kong, Singapore and Japan

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise in demand

A bill requiring US companies to notify federal agencies of investment in Chinese technologies is opposed by a key lawmaker who believes Washington needs to invest more in its rival

“Passive investment will likely outpace active investment in China over the next three to five years at least,” one investment manager said

The closure of the lab is the latest internal change at Alibaba, which surprised investors earlier this month by scrapping its plan to spin-off its cloud business

The spike in infections poses fresh risks for the Chinese economy which is still struggling to emerge from the economic hit from two-years of of Covid-related lockdowns and restrictions

Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year

The crisis at Zhongzhi threatens to reignite concerns that China's property debt crisis is spilling over into the country’s broader financial sector

The properties, located in The Peak, one of the most prestigious neighbourhoods in Hong Kong, are valued at more than $192 million