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China Business News: China Finance News, China Stock Market News

China

Evergrande Founder Banned, Unit Fined For Securities Fraud

Hengda Real Estate said a CSRC probe found that it inflated revenues by $29.7 billion – half of the total…

13 hours ago

China Ups IPO Rules to Protect Investors With ‘Teeth And Horns’

Beijing will vet IPOs more closely, 'severely punish' securities fraud, and also increase supervision of listed companies to ensure they…

17 hours ago

‘Don’t Help a Villain Do Evil’: China Slams SpaceX ‘Spy Network’

Chinese military researchers have been studying the role of Starlink satellites in the Ukraine war and warned about its risks to…

18 hours ago

Large Korean Companies Getting Out of China – Business Korea

Dozens of South Korean companies have left China in recent years for reasons ranging from bilateral strains, geopolitical rivalry, plus…

18 hours ago

China’s Property Crisis Slows in 2024 But Downturn Yet to Ease

Official data on Monday showed property investment in China fell 9% year-on-year in the first two months of 2024, compared…

20 hours ago

China’s Factory Output, Retail Sales Both Rise in First Two Months

Industrial output rose by 7% and retail sales were by 5.5% in the first two months, but analysts say the…

21 hours ago

Xpeng to Unveil Cheap EV Brands as China Price War Intensifies

Chinese EV maker set to unveil cheaper EV models in coming weeks, while Tesla says it will raise the price…

2 days ago

SpaceX Building Spy Satellite Network for US Reconnaissance

SpaceX signed a $1.8-billion contract in 2021 with the National Reconnaissance Office, which will manage a network of hundreds of…

2 days ago

China’s Surging Exports Tipped to Spur Global Backlash – NYT

China's surge in exports of manufactured goods to countries all over the world is stirring a rise in trade restrictions…

3 days ago

Hang Seng, Nikkei Fall as US Inflation Data Curbs Rate Cut Hope

Japan was also in the global market spotlight amid speculation that the Bank of Japan could exit its ultra-dovish monetary…

4 days ago

Indebted Provinces Seek Help From State Banks in Beijing – FT

Officials from two of China's most indebted provinces, plus the city of Tianjin, took part in high-level talks with state…

4 days ago

China’s Didi Tried to Defraud Investors With 2021 IPO: US Court

Court says Didi’s alleged desire to sell American depositary shares before a looming government crackdown gave the firm a "concrete…

4 days ago