Liu Shishi’s net worth analysis: A talented actress’s earnings
Liu Shishi, a prominent figure in the Chinese entertainment industry, has captivated audiences with her remarkable talent and charisma. As a celebrated actress, her financial...
China
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China floods economy with record loans, but doubts linger as growth sputters
Despite this unprecedented injection of cash, China's growth engine sputtered in 2023. The post-pandemic bounce fizzled out faster than anticipated, leaving consumer and business confidence anaemic.
Asian markets falter as China’s trade woes drag, Japan surges to historic heights
The world's second-largest economy, facing declining exports for the first time in seven years, cast a shadow over its neighbors, despite pockets of resilience like Japan's record-breaking rally.
China and Canada vow continued talks amidst complex relations
In a diplomatic pledge, China and Canada signal commitment to ongoing dialogue despite challenging relations, navigating a complex diplomatic landscape.
Hong Kong stocks advance for a second day on China rate-cut bets as deflation deepens
Hong Kong stocks climbed for a second consecutive day, driven by investor speculation that China's central bank might implement key lending rate cuts to counter deepening deflation.
Apple and Microsoft engage in fierce battle for title of world’s most valuable company
Following a 48% increase in 2023, Apple shares fell 4% in 2024 due to concerns about smartphone demand. In comparison, Microsoft's stock rose 2% this year after rising 57% in 2023.
China raises ‘serious concerns’ over U.S. restrictions on chip-making machines and supply chain investigation
Chinese Commerce Minister Wang Wentao voiced concerns over U.S. sanctions, especially restrictions on third-party exports of chip-making lithography machines, during a phone call with U.S. Commerce Secretary Gina Raimondo.
COMAC rises as a compelling alternative to Boeing
COMAC emerges as a viable alternative in the aviation industry, gaining momentum amidst Boeing's recent setbacks.
Credit expansion in China: Navigating a policy quandary and its deflationary impact
China's credit expansion poses a potential economic boost, yet careful management is essential to avoid deflationary risks associated with excess capacity and financial instability.
Hong Kong bargain hunters flock to Shenzhen’s Sam’s Club for a shopping spree
In a surge of cross-border shopping, Hong Kongers are making the trek to Shenzhen's Sam's Club for unbeatable deals on items like roast chickens, laundry detergents, and bulk tissue paper.
Controversial Chinese satellite flyover sparks political tensions in Taiwan amid election preparations
The government issued an incorrect air raid warning on Tuesday after a Chinese rocket carrying a science satellite flew over southern Taiwan at an altitude of more than 500 kilometres (310 miles). The defence ministry later apologized for using the word "missile" in the incorrect English translation.
Apple faces deepening iPhone sales slump in China, further decline expected
Apple Inc. is encountering a significant decline in iPhone sales in China, and the company is anticipated to witness a further drop in volumes throughout the year, according to analysts at Jefferies led by Edison Lee.
Tightening Noose: Hong Kong joins global trend in strengthening cryptocurrency regulations
Hong Kong has joined a global initiative, alongside influential jurisdictions such as the European Union, the United States, and Singapore, to tighten regulations on cryptocurrencies.
China reverses course: lifts stock net-selling ban on mutual funds, raising concerns
Sources with direct knowledge revealed that the China Securities Regulatory Commission (CSRC) has lifted the late-2023 ban on mutual funds selling more shares than they buy each day.
Asia stocks sink as China shadow bank collapse casts doubts
The Hang Seng index, a barometer of Hong Kong's financial health, nosedived by 2.3%, closing at 20,174.92. Healthcare stocks were the star performers in the downward direction, with Alibaba Health and JD Health plummeting 8.2% and 6.1%, respectively.
China dominates lidar technology, taking the lead in autonomous driving innovation
Chinese companies have surged ahead in the development of light detection and ranging (lidar) sensors, a critical component for self-driving technology.
Hong Kong stocks plunge to 17-year low amid fears of deepening deflation in China
Hong Kong stocks are grappling with their worst start to a year since 2005, intensifying concerns as traders brace for reports signalling a deepening deflationary trend in China.