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China bond market rout likely to continue as investors seek riskier assets, better returns

The rout in China’s bond market is expected to drag on as investors take on more risk and rotate out…

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China’s Hesai rises in Hong Kong share debut as lidar-sensor maker raises US$531 million

Shares of Hesai Group, the world’s largest supplier of lidar sensors, rose in their Hong Kong debut on Tuesday as…

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Tencent appoints banks for first bond sale in 4 years

Chinese technology and mobile gaming giant Tencent Holdings has appointed banks for its first bond offering in four years. The…

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China’s bull run tests regulators as Beijing aims to guide US$12 trillion stock market

Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing…

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China’s yuan rallies with central bank backing as worries mount over US dollar

A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather than by…

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China’s stablecoin dilemma: why US dollar tokens matter – and how Beijing might respond

Once a niche corner of the cryptocurrency world, stablecoins have surged into the global spotlight this year, prompting analysts and…

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Cambricon shares slump 14%, the most in 7 months, as reality check hits investors

Cambricon Technologies, the artificial intelligence chipmaker dubbed “China’s Nvidia”, tumbled on Thursday as investors took profit from one of the…

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China advances development bank to help 10 Eurasian countries curb US dollar risks

A strong push on Monday to create a development bank serving 10 Eurasian countries, including China, would help insulate the…

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Chinese EV maker BYD’s profits fall as price war at home swamps surging overseas sales

China’s electric-vehicle (EV) king BYD reported a 30 per cent drop in profits in the second quarter as surging overseas…

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New Business

Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow…

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