The Latest Breaking News from Caixin Global

Shanghai Composite Index Fell 1.67% on Tuesday

Shenzhen Component Index closed down 1.97%

Caixin Global · Dec 5, 2023

WuXi Biologics Plunges on Concerns over Cooling Biotech Market

Leading Chinese drug company estimates $100 million net loss in 2023 as biotech funding slows and Covid related income falls

Caixin Global · Dec 4, 2023

Xi to Meet EU Leaders in Beijing for First In-Person Summit in Four Years

The meeting on Thursday will be chaired by Premier Li Qiang, European Council President Charles Michel and European Commission President Ursula von der Leyen, foreign ministry says

Caixin Global · Dec 4, 2023

Top Stories of the Month: Rethinking China’s Property Market Meltdown

As top performers Gemdale and Vanke show signs of teetering, calls are growing for a fresh approach, with construction of public housing touted as a panacea

Caixin Global · Nov 30, 2023

Tesla Opens More Charging Facilities to Competitors in China

U.S. carmaker aims to leverage its extensive charging infrastructure to boost revenue, utilization rates

Caixin Global · Nov 29, 2023

Xiaomi Co-Founder Lei Jun Donates $183 Million to Wuhan University

The cash donation by the 1991 alumni marked the school’s 130th anniversary and set a record for the largest single donation in the university’s history

Caixin Global · Nov 29, 2023

Former Guangdong Prison Chief Expelled From Party for Graft

Li Jingyan has also been booted from public office for misconduct including ‘wanting to be an official as well as getting rich,’ local authorities say

Caixin Global · Nov 29, 2023

China’s HIV Infection Rates Shoot Up Among Seniors

The number of new cases of the virus in people 60 or older more than doubled from 2015 to 2019 and remains elevated

Caixin Global · Nov 29, 2023

Shanghai Composite Index Fell 0.56% on Wednesday

Shenzhen Component Index closed down 0.91%

Caixin Global · Nov 29, 2023

China Appoints New Party Chief of Top Tax Authority

Hu Jinglin, a former vice finance minister, succeeds Wang Jun at the State Taxation Administration

Caixin Global · Nov 28, 2023