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The Latest Breaking News from Caixin Global

China Eastern Puts Boeing Model From March Crash Back in the Sky

Airline says it has gradually resumed flying its fleet of nearly 90 737-800s with the exception of those bought around the same time as the crashed jetliner

Caixin Global · Apr 18, 2022

Shanghai Composite Index Fell 0.49% on Monday

Shenzhen Component Index closed up 0.37%

Caixin Global · Apr 18, 2022

China Likely to Offer Further Aid to Logistics Sector, Vice Finance Minister Says

Liao Min says he expects more supportive policies to be announced to aid in recovery of the Covid-hit industry

Caixin Global · Apr 16, 2022

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Weekly Must-Read: China Slashes Quarantines for Travelers in Covid Control Trial

International arrivals will face 10 days of isolation instead of 14 in four-week test involving Shanghai, Guangzhou and six other cities

Caixin Global · Apr 16, 2022

Xi’an in Partial Lockdown to Fight Covid Flare-Up

Semiconductor manufacturing hub in northwestern China tells its 13 million people to stay home from Saturday to Tuesday

Caixin Global · Apr 15, 2022

PBOC Cuts Chinese Banks’ Reserve Requirement, Releasing $83 Billion

Central bank slashes RRR by 25 basis points, aiming to help reduce businesses’ borrowing costs

Caixin Global · Apr 15, 2022

Shanghai Composite Index Fell 0.45% on Friday

Shenzhen Component Index closed down 0.56%

Caixin Global · Apr 15, 2022

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China Puts New Financial Holding Companies in Systemic Risk Management

After clearing the first two FHCs, central bank is reviewing three other applicants, head of Macroprudential Policy Bureau says

Caixin Global · Apr 14, 2022

Covid Concerns Leave More Shenzhen Office Space Empty

About 77.8% of top class office space in the southern tech hub was leased at the end of March, a decline of 2.9 percentage points from the end of last year

Caixin Global · Apr 14, 2022

Shanghai Composite Index Rose 1.22% on Thursday

Shenzhen Component Index closed up 1.27%

Caixin Global · Apr 14, 2022

The Cost of China’s ‘Zero-Covid’ Strategy

With a new wave of Covid-19 flare-ups, the country will need to strive harder to hit its full-year GDP growth target of around 5.5%

Caixin Global · Apr 13, 2022

Proposal Seeks to Let Mainlanders Trade Hong Kong Stocks in Yuan

A task force has completed a feasibility study to facilitate trades denominated in the currency, a city financial official says

Caixin Global · Apr 13, 2022

Gas-Powered Car Sales Crash While EVs Boom

Shipments shrank by 11.7% in March while production fell 9.1%, an industry body says

Caixin Global · Apr 13, 2022

Charlie Munger-Linked Firm Unloads Nearly $40 Million in Alibaba Stock

Daily Journal slashes its holdings in the Chinese e-commerce giant by half, cashing in more than 300,000 shares

Caixin Global · Apr 13, 2022

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Caixin Global · Apr 13, 2022

China Is Running 70% Fewer Passenger Trains Than ‘Normal,’ Operator Says

Only about 3,000 trains are operating daily due to the suspension of many services from regions hit hard by Covid-19 outbreaks

Caixin Global · Apr 13, 2022

Large-Scale Lockdowns Could Take a Heavy Toll on China’s Economy, Study Says

A month-long closure of the country’s four largest cities could shrink national GDP by 8.6% for the period, economists predict

Caixin Global · Apr 13, 2022

Neighboring City of Shanghai Vows to Avoid Full Lockdown Amid Rising Covid Cases

Suzhou authorities say the city will impose restrictions based on varying risk levels, as more than 400 local infections have emerged since March 10

Caixin Global · Apr 13, 2022

Shanghai Composite Index Fell 0.82% on Wednesday

Shenzhen Component Index closed down 1.6%

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news in one place.

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Caixin Global · Apr 12, 2022

Lithium Price Drops First Time in Eight Months Amid Covid Disruptions

Extended pandemic lockdowns by automakers weighs on demand as rising supplies work to stabilize the market

Caixin Global · Apr 12, 2022

CNOOC Kicks Off Subscription for $5.1 Billion Shanghai IPO

State oil giant selling more than 5% of its equity plans to use proceeds for global project development including fields in Guangdong and Guyana

Caixin Global · Apr 12, 2022

Shanghai Composite Index Rose 1.46% on Tuesday

Shenzhen Component Index closed up 2.05%

Caixin Global · Apr 11, 2022

CAAC Vows to Strictly Implement Covid Flight Circuit Breakers

Aviation authority reports suspending 664 international flights this year under rules intended to lower the risk of spreading the pandemic

Caixin Global · Apr 11, 2022

Ex-Bank Regulator Kicked Out of Communist Party in Bribery Probe

Li Guorong accepted illegal payments related to Baoshang Bank failure while serving as a senior executive in the bank’s government takeover, graft busters say

Caixin Global · Apr 11, 2022

Editorial: Staying True to the Mission of Corporate Compliance Reform

The authorities should create a law-based business environment and promote the standardized development of enterprises

Caixin Global · Apr 11, 2022

China Stocks Dive Over Covid Controls

The sell-off came even though Chinese authorities in mid-March offered assurances of support for the economy

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