The decision came after Hong Kong banks raised their best lending rate by 12.5 basis points on Thursday

"It's not that [investors] don't believe in China, just that they are reducing that exposure," Affinity Equity Partners founding chairman Tang Kok-Yew said.

The unit aims to capture and store 3 million tonnes annually of CO2 and utilise 2 million tonnes a year by 2025, Sinopec said

Stocks across the region were still retreating on Friday after the US Fed’s pessimistic rate hikes forecast rattled investors and unsettled currencies

The city will scrap its hotel quarantine policy for all arrivals from Sept 26. All arrivals will be able to return home or go to accommodation of their choice, but must self monitor for 3 days

Developers that have already missed debt repayments may not qualify for the programme, industry sources said to Caixin Global.

Officials in Jiangxi province said water levels at a key monitoring spot at Poyang Lake fell from 19.4 metres to 7.1 metres over the last three months.

"We're raising runs next month in preparation for a possible opening in exports," a state-run refiner official said.

Only 19 per cent of applications were approved, with Chinese citizens prohibited from participating in leading blockchains overseas

About 10 officials from the China Securities Regulatory Commission and the Ministry of Finance have arrived in Hong Kong to aid and monitor the audit inspection, sources say

Apple continues to cut its reliance on China and will move 5% of its iPhone 14 production to India this year and expand its capacity to produce a quarter of all iPhones there by 2025

The freezing of Russian bank assets after the war in Ukraine was a key reason behind China cutting its holdings, Nikkei said