GLOBEALERT
The wire

Feed

Open sources, classified and cross-checked. 745+ stories.

BusinessAug 28Global entrepreneurs eye China partnerships at HICOOL summitGlobal entrepreneurs are seeking partnerships in China at the HICOOL summit. This indicates international business interest in the Chinese market.china.org.cn · China
BusinessAug 28China to continue contributing to world development : Top economic plannerChina's top economic planner states that the country will continue to contribute to world development. This indicates China's ongoing role in global economic affairs.china.org.cn · China
BusinessAug 28China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays offChinese chipmaker ChangXin Memory Technologies (CXMT) reported a sharp surge in first-half revenue on Friday, as the firm released its first financial results since becoming China’s most valuable publicly traded company in a blockbuster Shanghai listing last month. The Hefei-based firm – China’s leading maker of dynamic random-access memory (DRAM) products – posted revenue of 150.31 billion yuan (US$22.4 billion) for the six months to June, up 873.64 per cent year on year, according to a filing...South China Morning Post
BusinessAug 28China debt crisis is fallout of financial suppression of householdsThe debt crisis in China is being attributed to the financial suppression of households. This indicates a significant economic issue with potential broad impacts.ianslive.in · India
BusinessAug 28China Life’s revenue surges as top insurer ramps up investment in AI, chips and biotechChina Life Insurance, the country’s largest life insurer, has posted record highs in its first-half results, and says it will scale up investments in technology-related sectors while seeking to become a long-term partner for innovative enterprises. The Shanghai- and Hong Kong-listed insurer recorded revenue of 434.3 billion yuan (US$64.6 billion), up 81.5 per cent year on year, according to interim results released on Thursday. Net profit surged more than 228 per cent to 134.5 billion yuan. The...South China Morning Post
BusinessAug 28Chargé dAffaires : China Imported $2 . 3bn Nigerian Goods in Six Months – THISDAYLIVEAccording to a Chargé d'Affaires, China imported $2.3 billion worth of goods from Nigeria in six months. This indicates significant trade activity between the two nations.thisdaylive.com · Nigeria
BusinessAug 28SoftBank-backed surgical robotics firm eyes Hong Kong listing to power mainland China pushSoftBank-backed surgical robotics company Noah Medical has begun preparations for a Hong Kong initial public offering, joining a wave of cutting-edge technology firms tapping the city’s international fundraising pool. The US-headquartered company aimed to raise more than US$100 million and planned to file its listing application as early as next year, according to founder Zhang Jian. “We want to expand our business in [mainland] China, and Hong Kong – as an international financial centre with a...South China Morning Post
BusinessAug 28How DeepSeek founder's quant empire is taking on China's choppy IPO boomHigh-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China's red-hot IPO market.CNBC
BusinessAug 27China’s super-rich fled Singapore. Now they want to come backWealthy Chinese are reconsidering Singapore as Beijing’s offshore wealth scrutiny and geopolitical risks make alternatives less attractive.CNBC
BusinessAug 27China Hongqiao Wins Asia Responsible Enterprise Awards for Third Consecutive YearChina Hongqiao has received the Asia Responsible Enterprise Awards for the third year in a row, recognizing its sustained commitment to corporate responsibility.businessdayghana.com · Ghana
BusinessAug 27China imports $2 . 3bn Nigerian goods in six months , says envoyChina has imported a significant value of goods from Nigeria over a six-month period, according to an envoy. This highlights the trade relationship between the two countries.thenationonlineng.net · Nigeria
BusinessAug 27Brazil’s rare earths will not loosen China’s magnet grip this decade, researchers sayBrazil will not be able to make rare earth magnets from its own raw materials before 2032, the coordinator of the country’s main magnet pilot plant said on Wednesday, leaving China’s near monopoly on the technology intact for years to come. Andre Luis Pimenta de Faria, who runs the plant for Senai, the research and training arm of Brazil’s national industry confederation, told a public policy panel at Exposibram, the country’s largest mining congress, that first batches could come by the end of...South China Morning Post
BusinessAug 27Update : New growth drivers power China industrial profit surgeChina's industrial profits have experienced a surge, driven by new growth factors. This development highlights positive economic trends in a major global economy.shanghaisun.com · China
BusinessAug 27Li Auto posts Q2 net loss amid soft demand in ChinaLi Auto reported a net loss in Q2, attributed to soft demand in China. This financial result is important for understanding the company's performance and market conditions in the region.Yahoo Finance
BusinessAug 27Von der Leyen turns up pressure on China over trade deficitThe European Commission's president said that the EU’s trade relationship with China had to be rebalanced, and pointed out that the bloc's trade defence investigations into Chinese products had ramped up significantly in recent years.EuroNews [en]
BusinessAug 27China advances in Argentine lithium: one of the largest producers secured a third project in the countryGanfeng Lithium will invest US$180 million in Lithium Argentina and will own 67% of Pozuelos-Pastos Grandes, with a capacity of up to 150,000 tons of lithium carbonate annually. It is the main global manufacturer of metallic lithium and Argentina has become one of its main production bases.Clarín
BusinessAug 27Chip sell-off helps boost China’s private funds as US$83.3b is pulled out of mutual fundsThe assets managed by China’s private funds grew last month as those of its mutual funds shrank, with investors diversifying their portfolios amid a sell-off of semiconductor shares. The net assets under management (AUM) of domestic mutual funds shrank by 560 billion yuan (US$83.3 billion), or 1.4 per cent month on month, in July to 39.11 trillion yuan, according to data released by the Asset Management Association of China on Wednesday. The decrease ended a four-month run of mutual fund growth,...South China Morning Post
BusinessAug 27China Iranian oil imports nearly halve since war  | Peak Oil News and Message BoardsChina's imports of Iranian oil have reportedly decreased by almost 50% since an unnamed war. This indicates a significant shift in international energy trade patterns and economic relations.peakoil.com · United States
BusinessAug 27China industrial profit growth in July slumps to 7-month low of 11.2%China's industrial profits growth in July slowed to its weakest pace this year, as soft demand and a broader slowdown in the economy weighed on manufacturers.CNBC
BusinessAug 27What does PwC’s China setback mean for the Big Four?Hong Kong court allows liquidators of collapsed property group Evergrande to pursue the body at the centre of PwC’s global network for audit failingsFinancial Times
BusinessAug 26Agilent forecasts FY2026 revenue of $7.49B-$7.51B and EPS of $6.18-$6.21 as China returns to 9% growthAgilent has forecasted its FY2026 revenue to be between $7.49B and $7.51B, with EPS projected at $6.18-$6.21, as China's economy is expected to return to 9% growth.Seeking Alpha Tech
BusinessAug 26China’s robotics IPO wave gains steam as 2 more firms eye Hong Kong listingsAnother two Chinese robotics start-ups have confirmed plans to launch initial public offerings in Hong Kong as early as next year, boosting the city’s role as a prime fundraising hub for China’s fast-growing technology sector. The two Hangzhou-based firms – both founded by former executives at Alibaba Group Holding – are part of a wave of Chinese embodied artificial intelligence start-ups looking to go public as the industry rushes to scale up production. Infiforce Technology Group, the...South China Morning Post
BusinessAug 26China’s steel sector must avoid US rust belt’s fate: party journalAs geopolitical tensions intensify, China’s steel sector – the world’s largest – is facing trade-restrictive measures in overseas markets and shrinking margins, but the country must strive to avoid the mistakes of America’s rust belt, according to an article in the Communist Party’s top theoretical journal. The piece, published in the latest issue of the Qiushi Journal and written jointly by the journal and the China Iron and Steel Association, argued that China should not allow its steel sector...South China Morning Post
BusinessAug 26China targets hi-tech pillars by 2030 to fuel economic growthBeijing has vowed to develop emerging industries such as 6G and robotics into new drivers of economic growth by the end of the decade, while pledging renewed efforts to curb cutthroat competition in the domestic automotive industry. Vice-minister of Industry and Information Technology Xin Guobin outlined plans through 2030 to develop a range of hi-tech industries as new pillars of the economy and sources of future growth, from next-generation 6G communications and quantum technology to...South China Morning Post