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BUSINESSJul 15Chipmaker CXMT Eyes $9.8b In Blockbuster China IPOChangXin Memory Technologies wants to rival US giant Micron and South Korea's Samsung Electronics and SK hynix in memory chips used in AI data centres. The post Chipmaker CXMT Eyes $9.8b In Blockbuster China IPO appeared first on Channels Television.Channels TV
BUSINESSJul 15CORRECTS : China says its economy grew 4 . 3 % in the last quarter from a year earlier , slowing from 5 % in Jan - MarchChina has reported its economy grew by 4.3% in the last quarter compared to the previous year. This growth rate represents a slowdown from the 5% recorded in the January-March period.leadertelegram.com · United States
BUSINESSJul 15China’s Economic Growth Hits Slowest Pace In More Than Three YearsThe 4.3 per cent year-on-year expansion reported by the National Bureau of Statistics (NBS) for April-June was short of the 4.5 per cent forecast in an AFP survey of economists and the slowest growth since the fourth quarter of 2022. The post China’s Economic Growth Hits Slowest Pace In More Than Three Years appeared first on Channels Television.Channels TV
BUSINESSJul 15China's June factory output surges 5.3% and retail rebounds, but property drags persistChina's June economic data shows a surge in factory output and a rebound in retail, although the property sector continues to face persistent challenges. This reflects mixed trends in the country's economic performance.Seeking Alpha Tech
BUSINESSJul 15China’s Q2 GDP growth slows to 4.3%, missing targets amid property slump and oil shockChina's Q2 GDP growth slowed to 4.3%, missing targets. This slowdown is attributed to a property slump and an oil shock.Seeking Alpha Tech
BUSINESSJul 15China giving MNCs strategic forteChina is reportedly providing multinational corporations (MNCs) with strategic advantages. This suggests a development in international business and economic strategy.global.chinadaily.com.cn · China
BUSINESSJul 15China economic growth falls sharply , missing targetChina's economic growth has significantly declined, failing to meet its projected targets. This development signals important economic challenges within a major global market.adaderana.lk · Sri Lanka
BUSINESSJul 15China economy slows to 4 . 3 per cent in last quarterChina's economy experienced a slowdown, with growth reaching 4.3 percent in the previous quarter. This economic performance is a key indicator for global markets and trade.merimbulanewsweekly.com.au · Australia
BUSINESSJul 15China memory giant CXMT valued at US$85 billion in record Shanghai IPOChina’s leading memory chipmaker, ChangXin Memory Technologies (CXMT), has priced its Shanghai initial public offering at 8.66 yuan (US$1.28) apiece, positioning the company for the largest listing by a Chinese semiconductor company on a mainland bourse. The firm, based in Hefei, Anhui province, is expected to raise gross proceeds of 57.9 billion yuan (US$8.5 billion) from the sale of nearly 6.7 billion shares, according to an offering announcement released on Tuesday. The shares represent 10...South China Morning Post
BUSINESSJul 15China’s first-tier home prices extend 4-month rebound amid market stabilisationNew home prices in four Chinese first-tier cities rose by an average of 0.1 per cent last month, extending a four-month rebound and signalling a gradual recovery in market sentiment as housing stabilisation measures gain traction. Compared with May, home prices edged up 0.3 per cent in Shanghai and Shenzhen and by 0.2 per cent in Guangzhou, according to data released by the National Bureau of Statistics on Wednesday. However, they fell 0.3 per cent in Beijing. Among 70 large and medium-sized...South China Morning Post
BUSINESSJul 15China economy slows to 4 . 3 % annual pace of growth in April - JuneChina's economy experienced a slowdown, with an annual growth rate of 4.3% recorded between April and June. This indicates a significant shift in the economic performance of a major global power.niagarafallsreview.ca · Canada
BUSINESSJul 15China economic grip alarms US Congress - Mangalorean . comThe economic influence of China is reportedly alarming the US Congress. This indicates notable concerns regarding geopolitical economic dynamics among US lawmakers.mangalorean.com · India
BUSINESSJul 15China Evergrande liquidators warn PwC partners not to use divorce to shield assetsLetter to auditors of failed property group comes after reports of some taking steps to avoid potential damage payoutsFinancial Times
BUSINESSJul 15China posts slowest GDP growth since 2022 at 4.3%, missing expectationsThat second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.CNBC
BUSINESSJul 15China increases holdings of US Treasuries despite diversification trendChina has increased its holdings of US Treasuries, which goes against a general trend of diversification. This indicates a significant shift in international financial investment strategies.scmp.com · China
BUSINESSJul 15China Rare Earth Dominance Drives Price Spikes and Slow ReversalsChina's significant control over rare earth elements is causing fluctuations in market prices, leading to both sharp increases and gradual declines. This illustrates the global economic impact of a single country's dominance in key resources.azom.com · United States
BUSINESSJul 15China's foreign trade surges, driven by AI and electric vehiclesChina's exports rose by 27% in June compared to the same month last year. Despite an increase in imports, the country posted a trade surplus of $576 billion in the first half of the year.Le Monde [en]
BUSINESSJul 14China EV Car Sales Are Going Backwards . Here Why That MattersElectric vehicle sales in China are reportedly declining. This trend has significant implications for the automotive industry and global markets.finance.yahoo.com · United States
BUSINESSJul 14Update : South China Hainan plans to ban sales of fuel cars by 2030South China's Hainan province plans to prohibit the sale of fuel cars by 2030. This signifies a major regional policy shift towards electric vehicles and environmental sustainability.chinanationalnews.com · China
BUSINESSJul 14India and the grid : Next infrastructure test - ChinaTechNews . comThe article discusses India's electric grid as the next major infrastructure test. It draws a comparison, likely to China's technological advancements in this sector.chinatechnews.com · China
BUSINESSJul 14U.S. trade official says 'very few' Nvidia H200 AI chips have been shipped to ChinaThe remark is a sign that H200 shipments to China have restarted, potentially boosting Nvidia's sales even higher.CNBC
BUSINESSJul 14Economic Watch : China elevates consumption to strategic priority with first dedicated five - year planChina has designated consumption as a strategic priority by implementing its first dedicated five-year plan for economic development. This initiative aims to elevate the role of domestic consumption in the national economy.nepalnational.com · Nepal
BUSINESSJul 14Louis Vuitton takes China’s trademark regulator to court as legal drive continuesLouis Vuitton is set to face off against China’s trademark regulator in a Chinese intellectual property court on Thursday, as the French luxury brand deals with public backlash in China over a separate legal battle against a local milk tea brand. Louis Vuitton Malletier filed the administrative lawsuit against the China National Intellectual Property Administration (CNIPA), with a Chinese individual – Huang Minyao – joined as a third party, according to a notice published by the Beijing...South China Morning Post
BUSINESSJul 14Spero gets ex-China rights to Innovent’s antibody therapy for up to $1.1BSpero has acquired ex-China rights to Innovent's antibody therapy in a deal potentially worth up to $1.1 billion. This represents a major business transaction in the biopharmaceutical sector.Seeking Alpha Tech
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