China Financial News

15.02 / 15:36

US companies 'Big Short' Michael Burry boosts China tech investments amid downturn

JD.com was the firm’s second biggest holding as it increased its investment from 125,000 to 200,00 shares at $5.8m.

15.02 / 14:59

Digital Fighting Universities Anti-money laundering reports recommendations China to Revise AML Law to Address Risks Associated with Virtual Assets

China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets.

15.02 / 12:48

UPS Provident Manufacturing economy track International TSX futures edge up as metal prices climb

(Reuters) — Futures for Canada's main stock index gained on Thursday, tracking higher prices of base and precious metals, while investors awaited domestic and U.S. economic data for any signs that could influence the central banks' interest rates policy.

15.02 / 10:25

UPS Platform Election TikTok country Inside Videos TikTok prepares to combat misinfo, AI fakes and influence ops ahead of European Union election

TikTok is taking measures to combat misinformation about the upcoming European Union elections including setting up fact-checking hubs inside the app

15.02 / 10:13

Target CEO Trade Actor country social reports Zerodha CEO Nithin Kamath warns of phishing websites, fake trading apps targeting Indian investors

Nithin Kamath, CEO of Zerodha, an Indian brokerage firm, raised a red flag about phishing websites designed to deceive users into downloading fake trading apps. “After the Chinese loan apps scam, the latest scam from actors in China and other Asian countries is phishing websites. Fraudsters are creating hundreds of websites and trading apps that look similar to the websites of Indian brokers," Kamath said in a post on social media platform X.

15.02 / 06:48

Target economy Sustainability show shock Destinations Japan enters technical recession in Q4, muddling BOJ's pivot plans

Investing.com-- The Japanese economy unexpectedly shrank in the fourth quarter of 2023, entering a technical recession as sticky inflation and a weak yen weighed on private spending, which largely offset improved export demand.

15.02 / 06:48

markets COST Pernod Ricard set for flat full-year sales after tough first half

PARIS (Reuters) — French spirits maker Pernod Ricard (EPA:PERP) said on Thursday it expected sales to flatline this year after the first six months were tough, banking on improving demand in the key Chinese and U.S. markets.

15.02 / 03:59

markets UPS Strategy economy Election wellness performer asset allocation Investors must opt for an asset allocation strategy, says Palka Arora Chopra of Master Capital Services

MintGenie, Chopra said that when analysing fund performance, investors should consider not only point-to-point performance but also the fund's rolling returns relative to its benchmark, as well as risk-adjusted performance. 6.5% economic growth is expected in Fiscal year 2024-25 making India one of the fastest-growing economies in the world. The Indian Economy is expected to outgrow China’s economic growth because of the high foreign investments expected in 2024.

15.02 / 03:35

Target SPY Actor track reports Microsoft says it caught hackers from China, Russia and Iran using its AI tools

hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday. Microsoft said in its report it had tracked hacking groups affiliated with Russian military intelligence, Iran's Revolutionary Guard, and the Chinese and North Korean governments as they tried to perfect their hacking campaigns using large language models.

15.02 / 01:33

economy Trade show country travelers Colleges Some Chinese youth spurn corporate jobs for 'me time' as economy slows

By Nicoco Chan

14.02 / 21:37

markets UPS Citi Target Trade love reports An ISI okay for luxury labels: What’ll we think of next?

Reports this week in Mint on the government’s new quality-control orders on high-end luxury shoes from Louis Vuitton and Christian Dior included the gem that the shoes certified appropriate for pampered Indian women’s feet would be mandated to have an ISI stamp (a sign of Indian Standards Institute approval) to embellish them. This sounded like a comic skit of the new licence raj, written not by Kafka but by those who made Carrie Bradshaw and her love of swanky Jimmy Choo shoes a key theme of the TV series Sex and The City. Such certification is impractical.

14.02 / 19:41

Provident Platform TikTok Bill social prevention rights Proposed TikTok ban for kids fails in Virginia's Legislature

A GOP legislative effort to prevent Virginia children from using the video-sharing app TikTok died this week in the Democratic-controlled Legislature

14.02 / 19:41

security Research country social International generative AI Cyber Microsoft says US rivals are beginning to use generative AI in offensive cyber operations

Microsoft says U.S. adversaries — chiefly Iran and North Korea and to a lesser extent Russia and China — are beginning to use generative artificial intelligence in mounting and organizing offensive cyber operations

14.02 / 19:17

MET Cooper War Equality Features PM Narendra Modi pushes ahead with Mideast-Europe Corridor despite war between Israel and Hamas

Hamas. PM Modi met with UAE leader Sheikh Mohammed bin Zayed Al Nahyan on Tuesday in Abu Dhabi, where the war and conflict in the Red Sea featured heavily in discussions, according to India’s Foreign Secretary Vinay Kwatra. Both leaders agreed, though, to take the first step to operationalize part of the ambitious India-Middle East-Europe Economic Corridor, or IMEC, he said.

14.02 / 17:15

markets COST MET Deloitte Research reports Higher coal prices hurt steel industry's growth plans, says S&P Global

Malabar Gold, Senco debut on Deloitte's global luxury goods list The research firm raised its metallurgical coal price assumptions for 2024 to $270 per ton from $220 per ton. The primary drivers behind this surge are limitations in supply from Australia, heightened tensions in the Red Sea region, and robust demand from India and other markets outside of China.

14.02 / 14:28

markets Provident Gap security MSCI performer Dynacons Systems and Solutions: This small-cap stock turned ₹10,000 into ₹4.4 lakh in less than 4 years

₹17.75 apiece to the current market price of ₹781, delivering a staggering return of nearly 4300%. Also Read: Indian stock market to see record inflows as India-China weight gap in MSCI Index narrows to historic low During this period, an investment of ₹10,000 would have turned into over ₹4.4 lakh. Impressively, out of the last 45 months (including February), the stock ended 28 in the green.

14.02 / 14:27

markets Provident Digital Platform Pool wellness stars Disney Star bats for a larger pool of advertisers as IPL approaches

Other categories, which are growing and can be tapped, include construction, industrial, consumer durable and beverages as well as BFSI, he said. “Aditya Birla Group bidding ₹500 crore every year on IPL, you wouldn't have ever expected an Indian company bidding that way and another Indian company (Tata) countering it. Earlier this was the Chinese or startup domain.

14.02 / 13:51

People moves Robeco Janus Henderson taps ex-Fidelity head of APAC equities research for China role

Victoria Mio (pictured), spent the last 14 years at Robeco, where she most recently served as chief investment officer for China and co-head of Asia pacific equities.

14.02 / 13:43

markets Reuters Browser Research recommendations Podcasts China, US-led global refill of depleted oil stocks seen buoying demand

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

14.02 / 13:43

UPS Browser Research country recommendations Podcasts EU proposes sanctions on Chinese firms aiding Russian war effort

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

14.02 / 13:27

Manufacturing Volkswagen Tesla Chevrolet reports guidelines International US issues $135 million in advance EV tax rebates since Jan 1, Treasury says

By David Shepardson

latest developments in China

What is the current situation in China?

In China, the spotlight is on local government initiatives that spark public discussion.

Where can I find reliable news about China?

We publish reliable reports about the situation in China, based on information from trusted sources.

What shapes the media agenda in China?

The news landscape of China is shaped by key decisions by local authorities, reflecting its unique context.