The Latest Breaking News from China

UTime Stock Jumps 28% in a Month: Will it Continue to Surge?

The price of shares of China-based low-cost mobile device manufacturer United Time Technology (UTME) has gained in percentage double digits over the past month thanks to increasing interest by meme investors. However, given the company’s poor profit margins and cash flows, is UTME an ideal investment bet now? Read on…

StockNews.com · Mar 30, 2022

ESG Finds Growing Place at the China Investment Table

Chinese institutional investors are increasingly considering environmental, social and governance factors when choosing where to place their money By  Charles Qiu

Benzinga · Mar 30, 2022

2 Best Chinese Stocks Under $5 Right Now

Despite lingering logistical disruptions and a resurgence of COVID-19 cases, the Chinese government’s promise to support the country’s struggling real estate industry and internet companies should benefit undervalued stocks Leju Holdings (LEJU) and Phoenix New Media (FENG), which are both currently trading under $5. Read on.

StockNews.com · Mar 30, 2022

Shell Enters Into Strategic EV Charging Cooperation With BYD

Shell and BYD announced a strategic cooperation agreement related to plug-in electric vehicles in China and Europe.

InsideEVs · Mar 30, 2022

Up More Than 15% YTD, Will Up Fintech Holding Continue to Soar?

The shares of China-based online brokerage firm UP Fintech Holding (TIGR) have gained more than 15% in price this year, supported by Beijing’s latest indication of a willingness to settle a long-standing auditing issue with U.S. securities regulators. However, considering China’s own regulatory crackdown on online brokerages, will the stock…

StockNews.com · Mar 30, 2022

China, Russia 'more determined' to boost ties- Chinese foreign min

China and Russia are "more determined" to develop bilateral ties and boost cooperation, Chinese Foreign Minister Wang Yi said on Wednesday following a meeting in China with his Russian counterpart Sergei Lavrov.

Reuters · Mar 30, 2022

NBA returns to Chinese television following Hong Kong blacklist

State broadcaster CCTV stopped airing games in 2020, angered by a team official supporting Hong Kong democracy movement.

Al Jazeera · Mar 30, 2022

Shanghai in lockdown: Large parts of Chinese city closed as Covid-19 surges

After Shanghai recently reported a new daily record for asymptomatic coronavirus infections, the city is locking down in two stages. It's the biggest step taken in the Chinese metropolis since the Covid-19 pandemic began more than two years ago. But some residents are complaining that the cost of China's strict…

France 24 · Mar 30, 2022

Britain to withdraw judges from Hong Kong top court

Britain says it's withdrawing its judges from Hong Kong’s top court because keeping them there would “legitimize oppression” in the former British colony

The Independent UK · Mar 30, 2022

Here's How Arm Looks To Speed Up Its US IPO

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd, looks to transfer shares in its China joint venture to a SoftBank special purpose vehicle to speed up its U.S. IPO, the Financial Times reports. SoftBank will hold 28% of Arm China after the transfer, Bloomberg reports. Arm will hold less than 20% of Arm China and treat it…

Benzinga · Mar 30, 2022