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Month: November 2024

Posted on 28/11/2024

China’s Property Slump May Extend Into 2025, Fitch Ratings Says

China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings. ( read original story ...)

Posted on 28/11/2024

Stock market today: Asian shares are mixed after Big Tech losses pull Wall Street lower

Shares were mixed Thursday in Asia after stocks on Wall Street retreated, weighed down by losses for technology shares. Tokyo's Nikkei 225 index gained 0.7% to 38,400.00 and Australia's S&P/ASX 200 ... ( read original story ...)

Posted on 28/11/2024

‘Great prospects’ for Singapore and Shanghai to draw closer

Mr Chen, who is the top official in Shanghai, also agreed there was “great prospect” for future collaboration. Trade between the two cities has grown 20 per cent since a Shanghai-Singapore ... ( read original story ...)

Posted on 28/11/2024

Exclusive: China’s Hesai to halve lidar prices next year, sees wide adoption in electric cars

China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption ... ( read original story ...)

Posted on 28/11/2024

Volkswagen, partner SAIC to sell joint venture plant in west China’s Xinjiang

Bangkok — Volkswagen AG and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that drew criticism due to accusations by western governments of human rights ... ( read original story ...)

Posted on 27/11/2024

Pony AI’s IPO debut could set the stage for more Chinese listings as thaw eases

Chinese companies had been avoiding U.S. listings due to geopolitical tensions, but now they have fresh reason to consider U.S. markets again. ( read original story ...)

Posted on 27/11/2024

Stock market today: Asian shares are mixed, with China benchmarks higher despite tariff talk

Shares are mixed in Asia, with Chinese shares leading gains, after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs ... ( read original story ...)

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