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The Latest Breaking News from Caixin Global

Cold Snap in Northwest China Leaves Livestock Trapped and Herdsmen Missing

Pandemic restrictions likely added to difficulties for herdsmen, Caixin has learned

Caixin Global · Nov 28, 2022

Northwest Region Appoints Youngest Provincial Leader in China

Shaanxi’s governor Zhao Yide has been chosen as the province’s new party secretary

Caixin Global · Nov 28, 2022

Shanghai Composite Index Fell 0.75% on Monday

Shenzhen Component Index closed down 0.69%

Caixin Global · Nov 28, 2022

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CSRC Suspends Huajin Securities’ Bond Underwriting for Three Months

Action follows special inspection this year of eight large securities firms’ investment banking businesses that found flaws in internal controls and security mechanisms

Caixin Global · Nov 25, 2022

Caixin Media Hits Paid Readership Milestone

Subscribers topped 900,000 in October, cementing the company’s position as the world’s largest subscription-based news outlet outside the U.K. and the U.S., Publisher Hu Shuli announces

Caixin Global · Nov 25, 2022

PBOC to Cut Banks’ Reserve Requirement Ratio to Support Economy

The 25 basis-point reduction, effective Dec. 5, follows a cut of the same magnitude in April, and will free up around $70 billion of cash for lending

Caixin Global · Nov 25, 2022

Official at China’s Cult-Buster Gets 14 Years for Taking $7.6 Million in Bribes

Peng Bo had confessed to taking advantage of his official positions to help people settle lawsuits, expand their internet businesses and deal with land transfer procedures

Caixin Global · Nov 25, 2022

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Apartment Fire Kills 10 in China’s Xinjiang

The blaze broke out on Thursday night in the regional capital Urumqi, state media reported

Caixin Global · Nov 25, 2022

Shanghai Composite Index Rose 0.4% on Friday

Shenzhen Component Index closed down 0.48%

Caixin Global · Nov 25, 2022

Weekly Must Read: China’s Halting Steps to Dial Back ‘Zero Covid’

As central authorities cite scientific evidence for easing travel and testing rules, local officials worry about being held accountable for new outbreaks

Caixin Global · Nov 25, 2022

Beijing Torques Up Battle Against Covid as Cases Climb

China’s capital records 1,611 new cases in a day amid its worst pandemic outbreak as residents call for a more sophisticated response

Caixin Global · Nov 24, 2022

Carmaker BYD to Hike Prices as Cost Pressure Mounts

Announcement comes as China is set to end subsidies for purchases of EVs and hybrid vehicles in 2023

Caixin Global · Nov 24, 2022

Shanghai Composite Index Fell 0.25% on Thursday

Shenzhen Component Index closed down 0.15%

Caixin Global · Nov 24, 2022

China Designates First Seven Investments for Personal Pension System

Consumers can buy into offerings from China Life, People’s Insurance, Taiping Life, Taiping Pension, Taikang Life and National Pension

Caixin Global · Nov 24, 2022

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news in one place.

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Caixin Global · Nov 23, 2022

China and U.S. Defense Chiefs Agree to Keep Lines of Communication Open

Defense Minister Wei Fenghe told his American counterpart that Beijing values relations between the two countries, but Washington must respect its core interests

Caixin Global · Nov 23, 2022

Chinese Mechanical-Equipment Maker Says Its Chair Faces Insider-Trading Probe

Guangzhou Haozhi’s Shenzhen-listed shares plunge nearly 16% after the company revealed Chairman Tang Lijun is being investigated by the national securities regulator

Caixin Global · Nov 23, 2022

Shanghai Composite Index Rose 0.26% on Wednesday

Shenzhen Component Index closed down 0.27%

Caixin Global · Nov 22, 2022

China’s STAR Market Hosts $102 Billion of IPOs in First Three Years

Nasdaq-like Shanghai board’s fundraising for 486 companies accounts for more than 40% of China’s initial share sales since June 2019

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Caixin Global · Nov 22, 2022

Sunshine Insurance Wins HKEX Approval for $1 Billion IPO

Share sale would be the first by an insurance company in the past five years as the industry faces challenges from the pandemic and restructuring

Caixin Global · Nov 22, 2022

Dozens Die in Central China Factory Fire

A preliminary investigation found the blaze was caused by illegal welding on site

Caixin Global · Nov 22, 2022

Shanghai Composite Index Rose 0.13% on Tuesday

Shenzhen Component Index closed down 1.18%

Caixin Global · Nov 21, 2022

Central Bank Plans New Lending Tool to Support Embattled Developers

Addition of $28 billion at zero cost is intended to encourage 18 big banks to issue credit to builders with stalled residential projects

Caixin Global · Nov 21, 2022

Canada’s Manulife Approved to Take Full Control of Its China Mutual Fund Venture

The insurance giant will follow in the footsteps of BlackRock, Fidelity, and Neuberger Berman in running a wholly foreign-owned mutual fund business

Caixin Global · Nov 21, 2022

China and U.S. Can Prevent a New Cold War

Both sides should steer away from conflict and confrontation by improving communication. Cooperation is the best choice for the two countries

Caixin Global · Nov 21, 2022

Shanghai Composite Index Fell 0.39% on Monday

Shenzhen Component Index closed down 0.41%

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