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Category: BUSINESS

Posted on 01/09/2021

China’s Xiaomi completes business registration of electric vehicle unit

Chinese smartphone giant Xiaomi Corp (1810.HK) said on Wednesday it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the ... ( read original story ...)

Posted on 01/09/2021

Shanghai billionaire’s company gets $20,000 penalty over $56.4m Northland investment

A company owned by a Shanghai billionaire has been fined $20,000 for failing to get consent after a shareholding change affecting ownership of the 1118ha Karikari Peninsula in Northland. Damien ... ( read original story ...)

Posted on 01/09/2021

China orders Alipay and other payment apps to report business moves

China will require nonbank payment apps such as Ant Group's Alipay to report new products and stock market listings to authorities, seeking to regulate a fast-expanding financial technology sector ... ( read original story ...)

Posted on 01/09/2021

Shanghai nickel prices hit record high on strong demand, low stocks

Prices of nickel on the Shanghai Futures Exchange leaped to their highest on record on Tuesday, supported by solid demand and low inventories across the world. Aug 31 (Reuters) - Prices of nickel on ... ( read original story ...)

Posted on 31/08/2021

China steps up scrutiny of brokerages’ margin loan business – media

China's securities regulator has strengthened scrutiny of brokerages' margin lending and securities borrowing businesses, after detecting misbehaviour recently, the official China Securities Journal ... ( read original story ...)

Posted on 31/08/2021

China aluminium smelters meet to address ‘irrational’ price spike

The China Nonferrous Metals Industry Association (CNIA) held a meeting of the country's top aluminium smelters on Monday to address what it described as an "irrational surge" in aluminium prices, ... ( read original story ...)

Posted on 30/08/2021

Business News Live: Oil mixed after Hurricane Ida

Oil mixed after Hurricane Ida. Oil prices pared early gains on Monday after hurricane Ida struck through the Gulf of Mexico and forced shutdowns and evacuations of hundreds of off ... ( read original story ...)

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