Hong Kong stocks edged up to snap a two-day decline as better-than-estimated results from China Merchants Bank and China Resource Land allayed concerns about the strength of corporate earnings. ( read original story ...)
Wake Up Call: Orrick Shutters Offices in Shanghai and Taipei
Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel. ( read original story ...)
China’s stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman
Troubled property developer China Evergrande Holding says Beijing's stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other allegations ... ( read original story ...)
Chinese Property Giant Hit With Damning Financial Charges
China's securities regulator handed Evergrande a $583 million fine and barred founder Hui Ka Yan from the capital markets. ( read original story ...)
China’s Policy Meeting on Property Raises Hope of Aid for Sector
China’s Premier Li Qiang called for further optimization of property policies to stimulate demand, in a sign that more support may be on the way for the troubled sector. ( read original story ...)
iPhone 16 and iOS 18 to leverage China’s Baidu generational AI technology, but you’ll probably never use it
Apple's iOS 18 and macOS 15 are expected to sport some notable AI upgrades when they debut at WWDC 2024 in June before being released to the public this fall. The iPhone 16 and iPhone 16 Pro will of ... ( read original story ...)
Direct flight from Manchester to Shanghai to launch in July
A new direct flight will connect Manchester with Shanghai from July after original plans for an air link were shelved due to Covid. Juneyao Air will run the service three days a week, on Mondays, ... ( read original story ...)