Market summary : HSCEI posts minor loss on January 28, down 0.01%
The Hang Seng China Enterprises Index closed at 7,382.13 HKD on January 28, reflecting a 0.01% loss. Over the past year, it gained 38.13%, but declined by 29.28% over five years.
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Stock market news : Merit Interactive, Nexwise Intelligence Among Top Gainers With Over 20% Surge
China's stock market witnessed significant gains today, with Merit Interactive and Nexwise Intelligence leading the pack, soaring over 20%. Other notable performers include Sublime China Info and TRS Information Technology.
China raises civil servant salaries to spur domestic spending
In a bid to boost morale and encourage consumer spending, China has implemented its first major civil servant pay hike in years, raising salaries by at least 500 yuan monthly for many government workers.
UNHCR seeks to deepen ties with China for solar aid to displaced people
The UN Refugee Agency aims to bolster its partnership with China to leverage its affordable solar technology for aiding displaced populations. The collaboration focuses on providing energy access amid rising climate and conflict-driven displacement.
Electric trucks revolutionize heavy-duty industry: China takes the lead
The rise of electric trucks has reshaped the global heavy-duty vehicle industry, with China emerging as a dominant force. CEO Han Wen highlights innovation driving the transformation.
China’s foreign investment boom: 46,893 new firms Established in 2024
China saw 46,893 new foreign-invested firms in the first ten months of 2024, marking an 11.8% year-on-year increase. This growth underscores China's resilience and global investment appeal.
China’s global decarbonization drive: leading the renewable energy revolution
China is championing global decarbonization by investing in renewable energy, fostering international partnerships, and supporting emerging markets to transition toward cleaner, greener futures.
Nippon Steel Pushes for U.S. Steel Acquisition Amid Union and Political Uncertainty
The acquisition, which has drawn growing opposition from the United Steelworkers (USW) union leadership, is seen by Nippon Steel as an opportunity to bolster its presence in the U.S. and secure critical investments in American steel.
China’s shrinking population: A dual-edged sword, says Xi Jinping
The speech, originally given in May 2023, was shared with the public for the first time, offering insight into Xi’s stance on the country’s demographic challenges.
Xi Jinping calls for inclusive and dynamic globalisation at APEC summit
Xi called for systemic reforms in global economic governance, recommending that countries collectively plan, build, and share benefits while amplifying the voice of the Global South.
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