Eleven cities that account for almost 15% of GDP are affected by the latest lockdowns, as are about 115 million people, estimates Nomura Holdings.

Rating agency Moody's is reviewing the Shanghai-based group as it sees a 'contagion risk' spreading to scores of companies across China, the US and Europe

New home prices in 100 cities rose 0.04%, up from a 0.03% gain in May, according to data from China Index Academy, one of the country's largest independent real estate research firms

The Caixin/Markit manufacturing purchasing managers' index (PMI) rose to 51.7 last month from 48.1 in the previous month, well above analysts' expectations of 50.1.

The cryptoassets were stolen on June 23 from Horizon Bridge, a service operated by the Harmony blockchain that allows assets to be transferred to other blockchains.

The first-generation 3nm process can reduce power consumption by up to 45% compared with conventional 5nm chips, the group says. Chinese companies are likely among its initial customers.

The Chinese fashion firm set out to create a global luxury clothing empire, but has struggled under the weight of its debt and its financial difficulties worsened with Covid-19

PetroChina may exit natural gas projects in Australia and oil sands in Canada to focus on sites in Africa, Middle East and Central Asia.

Consumers in Tokyo were asked to conserve power as the Japanese capital was hit by the fourth day of a heatwave, which has led to people dying of heatstroke and others being treated in hospitals

Evergrande confirmed lawsuit by Top Shine Global in Hong Kong, for not fulfilling a financial obligation of $110 million, but insisted that the move would not effect its restructuring.

Gotion said it would build total battery production capacity of 300 gigawatt hours (GWh) over three years against the 16 GWh it produced in 2021. It plans to have a third of that output overseas

The number of coins miners are transferring to exchanges has climbed steadily from June 7, researchers said, in a sign that 'miners are increasingly liquidating their coins on exchanges'