The Latest Breaking News from Caixin Global

Analysts Cut Estimates for China’s GDP Growth Amid Covid Surge

First-quarter expansion could be as much as 1.5 percentage points lower than original forecasts

Caixin Global · Mar 31, 2022

Shanghai Composite Index Fell 0.44% on Thursday

Shenzhen Component Index closed down 1.19%

Caixin Global · Mar 31, 2022

State Oil Giant CNOOC Cleared for $5.5 Billion Share Sale in Shanghai

China’s biggest offshore driller posts record 2021 earnings as profits jump 182% on rising output and soaring world oil prices

Caixin Global · Mar 30, 2022

Hong Kong Bourse Set to Pilot Digital-Asset Platform

Global annual trading of digital assets expected to reach $60 trillion to $100 trillion by 2030

Caixin Global · Mar 30, 2022

Shanghai Composite Index Rose 1.96% on Wednesday

Shenzhen Component Index closed up 3.1%

Caixin Global · Mar 30, 2022

Deputy Governor of Liaoning Province Falls Under Graft Probe

Hao Chunrong ranked sixth among eight deputy governors, overseeing rural development, water system, culture and tourism

Caixin Global · Mar 29, 2022

Xpeng’s Electric Vehicle Sales Near 100,000 Despite Widening Loss

Upstart tops deliveries of rivals Nio and Li Auto, but lower pricing and heavy research and marketing costs result in buckets of red ink

Caixin Global · Mar 29, 2022

CSRC Denies Rumors of Restrictions on IPOs by Xiaomi-Linked Companies

In response to social media reports, top securities regulator says it isn’t standing in the way of share sales by businesses where the smartphone giant has investments

Caixin Global · Mar 29, 2022

Opinion: What China Should Watch for Amid the West’s Sanctions on Russia

In times of crisis, even countries with large forex reserves can suddenly run out of money. How then should they respond?

Caixin Global · Mar 29, 2022

Opinion: From Pickled Cabbage to the Rush to Prove Chinese Companies Are ‘Pure’

Populism and nationalism in business will do great harm to China’s efforts at reform and opening up, damage its reputation and undermine its business environment

Caixin Global · Mar 29, 2022