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The Latest Breaking News from Caixin Global

Beijing Dismisses Vice Mayor Investigated for Graft

Gao Peng is the target of graft busters for ‘serious violations of discipline and law’

Caixin Global

Suning to Get $66 Million Lifeline From Citic

The struggling retailer plans to use the proceeds from the loan to develop its retail cloud business

Caixin Global

Caixin Top Stories of the Month: China Set to Ease Controls on Genetic Resources to Plug Biotech Innovation Gap

The National Health Commission is spearheading the reform, Caixin has learned, in response to complaints that overly tough restrictions are choking innovation, particularly in the biotech and pharmaceutical sectors

Caixin Global

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Shanghai Composite Index Fell 0.16% on Friday

Shenzhen Component Index closed down 0.22%

Caixin Global

Weekly Must-Read: China Tests Whether State Purchases Can Lift Housing Market

Government offers $41.6 billion in financing to help cities buy unsold homes

Caixin Global

Tencent Joins the Chatbot Race with Launch of ‘Yuanbao’

Yuanbao allows users to perform tasks such as AI searches, document summarization and the creation of personalized AI entities

Caixin Global

Nine Out of Ten Cars Sold in China Will Be NEVs by 2035, Report Says

Global sales expected to pass 70 million by 2035, although concerns raised over slowing momentum

Caixin Global

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Shanghai Composite Index Fell 0.62% on Thursday

Shenzhen Component Index closed down 0.32%

Caixin Global

Executive Pay at China’s Listed Firms Fell in 2023 as Profits Declined

Average salaries for company chairmen dropped 3.32%, survey finds

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed up 0.25%

Caixin Global

Xi Prioritizes Policies to Reduce Youth Unemployment in China

China’s president calls for efforts to promote high-quality employment as more graduates prepare to join job market

Caixin Global

Boss of New China Asset Management Disappears, Sources Say

Zhang Chi has likely been detained by graft-busters

Caixin Global

Shanghai Composite Index Fell 0.46% on Tuesday

Shenzhen Component Index closed down 1.23%

Caixin Global

China Piles $47.5 Billion Into ‘Big Fund III’ to Boost Chip Development

Third phase of the Big Fund aims to help build a semiconductor industry to circumvent U.S. export controls on powerful chips

Caixin Global

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Caixin Global

Shanghai Relaxes Mortgage Rules to Bolster Housing Market Support

China’s financial hub reduces downpayment ratios and lowers floor for mortgage rates

Caixin Global

SAIC Motor Maps Out Road to Commercialization for Solid-State Battery

The Chinese automaker plans to start mass producing the promising technology by 2026

Caixin Global

Shanghai Composite Index Rose 1.14% on Monday

Shenzhen Component Index closed up 0.88%

Caixin Global

Opinion: Promoting Healthy Development of Disclosure Consulting in China’s Stock Market

Accurate, complete and timely information disclosure is the lifeline for maintaining market order and protecting investor rights

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news in one place.

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Caixin Global

Top Regulator Presses Local Governments to Fund Housing Projects

China’s NFRA Chief Li also urges strict scrutiny of residential developments

Caixin Global

South China Province Announces Plan to Develop Low-Altitude Economy

Guangdong aims to become a world-leading hub for economic activity in which drones and flying vehicles advance development in the transportation, logistics and tourism industries

Caixin Global

Shanghai Composite Index Fell 0.88% on Friday

Shenzhen Component Index closed down 1.23%

Caixin Global

Boeing Delays Delivery of Aircraft to China for Battery Reviews

Industry insider says delay is not due to U.S.-China trade tensions but a technical issue involving the cockpit voice recorder

Caixin Global

Weekly Must-Read: China Set to Ease Controls on Genetic Resources to Plug Biotech Innovation Gap

Caixin Global

Beijing Willing to Work With Vatican for Better Ties, Foreign Ministry Says

Comments come after Holy See’s top diplomat expresses desire for a ‘stable presence’ in China

Caixin Global

Shanghai Composite Index Fell 1.33% on Thursday

Shenzhen Component Index closed down 1.56%

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