The Latest Breaking News from Caixin Global

Shanghai Composite Index Fell 2.01% on Friday

Shenzhen Component Index closed down 2.18%

Caixin Global · Aug 11, 2023

Another Chinese Chip Design Venture Is Shutting Down

Geely Holding’s Xingji Meizu Group decides to terminate the business due to uncertainties in the global economy

Caixin Global · Aug 10, 2023

Seven Die as Water Surges in Southwest China River

The deceased women were swept away in the Longxi River in Ya’an, Sichuan province, in an incident that may be linked to a discharge from an upstream reservoir

Caixin Global · Aug 10, 2023

Shanghai Composite Index Fell 0.25% on Tuesday

Shenzhen Component Index closed down 0.42%

Caixin Global · Aug 8, 2023

China’s Internet Majors Downsize to Weather Business Headwinds

Survey finds that six of the 10 biggest players slashed payrolls last year, including Tencent, Meituan and Alibaba

Caixin Global · Aug 7, 2023

Shanghai Composite Index Fell 0.59% on Monday

Shenzhen Component Index closed down 0.83%

Caixin Global · Aug 7, 2023

Pony.ai in JV With Toyota-linked Companies to Mass Produce Self-Driving Taxis

Start-up joins with Toyota Motor (China) Investment and GAC Toyota Motor to invest more than $140 million to set up the robotaxi firm

Caixin Global · Aug 5, 2023

Morgan Stanley Targeted for Shanghai Compliance Inspection

CSRC picks American securities unit and Changjiang Finance Services for random on-site governance and business reviews

Caixin Global · Aug 4, 2023

As China’s Markets Languish, New Rules Will Free Up Billions Idle in Stock Accounts

A reduction in cash required in investors’ settlement accounts, the third in almost four years, could unleash as much as 40 billion yuan of cash

Caixin Global · Aug 4, 2023

Shanghai Composite Index Rose 0.23% on Friday

Shenzhen Component Index closed up 0.67%

Caixin Global · Aug 4, 2023