Ratings agency S&P Global downgraded Greenland to "selective default" on Wednesday after the state-backed property developer extended the maturity of $488 million in bonds
The move applies to the China New Horizon Mixed Securities Investment Fund and Hong Kong Stock Connect Long Horizon Mixed Securities Investment Fund
However, the heavy rains are likely to reduce China’s coal demand by boosting hydroelectric power generation to a record high
The EV plant - a joint venture (JV) with Guangzhou Automobile Group - aims to start operation in 2024 with an annual production capacity of 120,000 units
Bilibili's market capitalisation has shrunk from its peak of about $54 billion last February to just over $10 billion this month
Beijing's harsh regulatory crackdown means Ant now stresses its autonomy, to the point that Alibaba might even compete with its one-time sister company
The Long March-2F rocket sent to China's Tiangong space station re-entered Earth's atmosphere and broke up, a Spanish astrophysics expert said
The move by the Tencent-owned site is in reaction to a government edict that bans speculation in NFTs and other digital assets, the Hong Kong paper said
China is concerned about Elon Musk's ties to the US military and the role his satellites could play in a war in Asia, which means Tesla's access to the Chinese market could be at risk
``Global investors' appetite for Chinese assets will remain low as China's outlook is highly uncertain due to the zero-Covid policy,’’ says Oxford Economics.
India's Ministry of Corporate Affairs and the Mumbai Police have launched investigations into Alibaba Cloud (India) LLP, sources have told The Economic Times
Tencent told staff it will set up a subsidiary tasked with building an extended reality business as the race to compete against Mark Zuckerberg's Meta heats up.