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The Latest Breaking News from Caixin Global

China Should Deepen Reforms and Opening Up to Keep Economy Stable

For the Chinese economy to stabilize, it is important to revitalize private and foreign investment, and boost market players’ confidence in China’s economic prospects

Caixin Global

Chinese Ride-Hailing Giant Didi Bids Goodbye to NYSE

The company’s stock closed 84% down from its IPO price on Friday before its trading moves to the over-the-counter market

Caixin Global

Why No Bystanders Came to the Rescue of Women Being Assaulted in Tangshan

Encouraging citizens to be brave to fight for justice when they encounter wrongdoings requires a system of trust and protection that will keep them from legal jeopardy

Caixin Global

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Shanghai Composite Index Fell 0.89% on Monday

Shenzhen Component Index closed down 0.3%

Caixin Global

Hubei Province, Nanjing Cut Covid Quarantine Time

Centralized quarantine has been halved to seven days plus another seven in self-isolation for those from medium and high-risk areas

Caixin Global

Covid-Free Chinese Regions Cautioned on Excessive Mass Testing

Health official He Qinghua says local authorities should prioritize groups with a high risk of getting infected

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Shanghai Composite Index Rose 1.42% on Friday

Shenzhen Component Index closed up 1.9%

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Weekly Must-Read: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices

Shares of 62 of the 107 companies that went public on the Chinese mainland this year as of April 20 were trading below their offer prices that day

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Tianan Property Insurance Offers Its Assets for $314 Million

Government-seized affiliate of Tomorrow Holding may be asking too much as its balance sheet shows red ink, analysts say

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China’s Baowu Retains Global Steelmaking Crown

The state-owned goliath’s output grew 4.35% last year even as the country produced less steel overall, industry data show

Caixin Global

Opinion: China's Central Bank Digital Currency Could Revolutionize Global Trade

The digital yuan will play a key role in reducing dollar dependence and give countries another payment option for trade

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Shanghai Composite Index Fell 0.76% on Thursday

Shenzhen Component Index closed down 1.85%

Caixin Global

China Ramps Up Regulation of Covid Test Agents

Top drug regulator warns of suspensions, recalls and penalties for bad actors as central government cracks down on fraud and other violations

Caixin Global

Shanghai Heightens Covid Restrictions After a Spike in Cases Sparks Concern

The city reimposes lockdowns on some residential neighborhoods after determining the virus is once again spreading outside quarantined areas

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Ling Huawei: Missions of International Organizations and Roles of China

What expectations should China have for international organizations? At present, the views of Chinese people from various backgrounds seem inconsistent, and include long-term misunderstandings, writes Caixin managing editor Ling Huawei

Caixin Global

Shanghai Composite Index Rose 0.68% on Wednesday

Shenzhen Component Index closed up 0.82%

Caixin Global

China to Sell $3.46 Billion of Treasury Bonds in Hong Kong

Borrowings will top last year’s total and mark the 14th straight year for the Finance Ministry to raise funds in Hong Kong

Caixin Global

Bank of China Joins Four Global Institutions in Green Banking Initiative

Cornerstone banks also include Citigroup, Credit Agricole, HSBC and Standard Chartered in project led by Hong Kong Monetary Authority and International Finance Corporation

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Caixin Global

Shanghai Composite Index Rose 0.17% on Tuesday

Shenzhen Component Index finished nearly flat

Caixin Global

Elliott Associates Sues LME for $456 Million in Nickel Debacle

HKEX’s London Metal Exchange wrongfully canceled trades in March price spike, American vulture fund alleges in U.K. lawsuit

Caixin Global

Editorial: What Kind of Fiscal Intervention Does China Need to Stabilize the Economy?

Policymakers should carefully analyze the current economic situation before coming up with a targeted and appropriate policy

Caixin Global

Shanghai Composite Index Rose 1.28% on Monday

Shenzhen Component Index closed up 2.66%

Caixin Global

Train Derailment in Southwest China Kills Driver, Injures Eight

Remaining 136 passengers evacuated after train hit a mudslide causing two cars to leave the tracks

Caixin Global

Weekly Must-Read: As Mass Covid Testing Becomes China’s New Normal, Debate Grows Over Who Pays

National Healthcare Security Administration says local medical insurance funds shouldn’t be used for large-scale programs

Caixin Global

Former Sanya Party Chief Sentenced to Death

Tong Daochi is convicted of insider trading and taking $43 million of bribes and is also sentenced to a fine and confiscation of all personal property

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