City Shenzhen Financial News

08.11 / 07:03

Provident economy Nikkei President country reports Asian stocks Asian stocks muted as rate hike fears reemerge, China uncertainty weighs

Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday as recent comments from Federal Reserve officials suggested that the central bank may not be done raising interest rates.

07.11 / 03:57

Provident economy Nikkei President show country Asian stocks Asian stocks sink as post-Fed rally cools; China trade, RBA in focus

Investing.com-- Asian stocks retreated on Tuesday after four straight days of gains as investors awaited more economic cues from China and Australia, while South Korean shares saw a heavy dose of profit taking.

04.11 / 13:09

Reuters President reports China EV maker BYD to build first Europe plant in Hungary -FAS

FRANKFURT (Reuters) — Chinese electric vehicle giant BYD (SZ:002594) plans to build its first European car factory in Hungary, a German newspaper reported on Saturday.

28.10 / 15:13

Reuters Manufacturing Enterprise NVIDIA voice electronic reports Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

The Biden administration is contemplating measures to plug a loophole that has been enabling Chinese firms to acquire U.S. artificial intelligence (AI) chips through overseas channels, as reported by Reuters on October 13, 2023. This move underscores Washington's ongoing effort to curb China's burgeoning AI capabilities which are significantly anchored on U.S. chip technology.

26.10 / 05:48

UPS Citi Software Tesla track reports testing Tesla rival Xpeng presses ahead with driver-assist rollout in China, Europe

BEIJING — Chinese electric car company Xpeng said this week it plans to roll out driver-assist technology in Europe by the end of next year, and remains on track with plans to expand the tech to 50 cities in China by year-end.

25.10 / 04:07

UPS NIFTY show performer track Asian stocks Asian stocks rise, China in the lead on new stimulus plans

Investing.com-- Most Asian stocks rose on Wednesday, tracking a positive overnight session on Wall Street, while Chinese stocks extended a recovery rally after the government announced plans for a massive bond issuance.

24.10 / 04:51

UPS Lowe's Manufacturing show Asian stocks Asian stocks dip on weak PMIs, China rebounds as state steps in

Investing.com-- Most Asian stocks extended recent losses on Tuesday following weak business activity readings from Japan and Australia, while Chinese markets rebounded from pre-pandemic lows as a state-run fund began snapping up some equities.

20.10 / 05:17

UPS Citi economy BURST show song China property market shows little signs of revival despite stimulus

By Clare Jim and Liangping Gao

19.10 / 04:37

CEO Assurant Tesla show track country Q3 Chinese EV makers sink tracking disappointing Tesla Q3 earnings

Investing.com-- Shares of Chinese electric vehicle makers fell on Thursday, tracking an overnight tumble in Tesla (NASDAQ:TSLA) after the world’s most valuable car maker posted weaker-than-expected third-quarter earnings.

18.10 / 04:23

UPS economy show country hospital reports Asian stocks Asian stocks muted as M.East tensions offset China GDP cheer

Investing.com-- Most Asian stocks moved in a tight range on Wednesday as growing concerns over a spillover in the Israel-Hamas war dented risk appetite, largely offsetting positive data that showed China’s economy grew more than expected.

16.10 / 05:39

economy COMPOSITE NIFTY Nikkei show performer Asian stocks Asian stocks weak as Middle East tensions persist, Nikkei tumbles

Investing.com-- Most Asian stocks retreated on Monday as concerns over the Israel-Hamas war kept risk sentiment weak, with Japan’s Nikkei index leading losses amid jitters before key inflation data this week.

13.10 / 10:41

Technology regulation us government Biden considers tightening AI chip controls to China via third parties

The United States government is considering additional measures to curb Chinese developers from gaining access to artificial intelligence (AI) semiconductor chips made in the U.S. via third parties.

12.10 / 19:17

CBDC regulation Yuan park China opens industrial park for digital yuan CBDC development in Shenzhen

China opened an industrial park dedicated to developing the digital yuan ecosystem on Oct. 11, according to Chinese press reports. This is the first such park dedicated to the central bank digital currency (CBDC), which is also referred to as the e-CNY.

12.10 / 06:15

Citi Digital Parke reports park China’s Shenzhen Launches Digital Yuan Industrial Park

A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.”

10.10 / 10:29

Meta ChatGPT OpenAI Saudi Arabia and China collaborate on Arabic-based AI system

The King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused artificial intelligence (AI) system.

29.09 / 12:05

Citi Booking economy pandemic country travelers Millions take to China's railways, roads, air for autumn holiday

Many millions of Chinese tourists are expected to travel within their country, splurging on hotels, tours, attractions and meals in a boost to the economy during the 8-day autumn holiday period that began Friday

28.09 / 14:41

Citi economy Southern information 2020 Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong

The Hong Kong stock exchange says trading of shares of heavily indebted Chinese property developer China Evergrande Group has been suspended

28.09 / 03:53

UPS COMPOSITE NIFTY Nikkei performer reports Asian stocks Asian stocks sink amid rate hike jitters, China property market woes

Investing.com-- Most Asian stocks drifted lower on Thursday, extending recent declines amid persistent fears of higher U.S. interest rates, while Chinese stocks fell on renewed concerns over the country’s beleaguered property market.

26.09 / 02:27

UPS COMPOSITE NIFTY Nikkei President KOSPI Asian stocks Asian stocks sink on hawkish Fed outlook, China fears persist

Investing.com-- Most Asian stocks retreated on Tuesday as the prospect of higher U.S. rates weighed on the technology sector, while persistent concerns over a Chinese economic slowdown also kept investors wary of regional markets.

25.09 / 10:25

UPS IPO Provident Action economy Inside China Gets Tough on Insider Selling to Arrest Market Slump

Chinese regulators have taken a novel approach to prop up the country’s faltering stock market by banning many companies’ biggest shareholders from selling. The country’s $11 trillion domestic stock market has slumped this year after a post-Covid rally, hurt by a weak economy, an outflow of foreign money and a rising sense of nervousness among small investors. The CSI 300 index of the country’s largest listed companies is down 4.1% in the year-to-date period, following losses in the previous two calendar years.

22.09 / 11:13

UPS economy Exodus stage information China may change foreign cap to entice global funds

China is considering relaxing the rules that cap foreign ownership in domestic publicly traded firms, people familiar with the matter said, as it seeks to lure global funds back to its $9.4 trillion stock market.

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