China International Capital Corporation

New Business

China sets yuan fixing rate at 15-month high amid offshore gains

China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency…

Read More »
New Business

China’s currency comeback: yuan seen as strong as 6.8 in 2026, breaking key dollar level

China’s currency appears poised to break through the psychological 7.0-per-dollar barrier next year, fuelled by US Federal Reserve rate cuts…

Read More »
New Business

Vanke’s bondholders reject extension plan on 2 billion yuan of bonds, raising default risk

China Vanke failed to secure bondholder approval to extend by one year a bond payment due on Monday, a filing…

Read More »
New Business

Hong Kong stocks reverse 4-day slide as Nvidia earnings lift sentiment

Hong Kong stocks rose for the first time in four days on Thursday, after Nvidia’s better-than-expected earnings briefly dispelled Wall…

Read More »
New Business

Chinese aluminium smelter rides Hong Kong IPO wave with US$707 million fundraising

Chinese aluminium smelter Chuangxin Industries Holdings aims to raise as much as HK$5.5 billion (US$707 million) in an initial public…

Read More »
New Business

Huawei-powered Chinese EV maker Seres seeks US$1.7 billion in Hong Kong listing

Chinese new energy vehicle maker Seres Group, whose suppliers include Huawei Technologies, filed for an initial public offering (IPO) in…

Read More »
New Business

Chinese yuan’s forex market share grows to 8.5% as global position firms: BIS survey

The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…

Read More »
New Business

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…

Read More »
New Business

AC maker Aux Electric fizzles in Hong Kong as shares cool 7.6% on debut

Aux Electric, a Chinese air-conditioner maker, made a muted debut on the Hong Kong stock exchange on Tuesday, with international…

Read More »
New Business

Apple supplier Luxshare joins mainland tech firms in filing for Hong Kong IPO application

Apple supplier Luxshare Precision Industry has filed for a Hong Kong initial public offering (IPO), joining a wave of mainland…

Read More »
Back to top button