A married female teacher from a high school in Shanghai suspected of being involved in a love affair with her 16-year-old male student was suspended from her duties and has been placed under ... ( read original story ...)
Tech war: SMIC, Huawei projects among top government-supported endeavours in 2024
In Shanghai, 16 out of 191 major projects that have local government subsidies are related to the semiconductor industry, according to data released by the city authorities. China's top chip maker ... ( read original story ...)
Stock market today: Asian shares trade mixed after Wall Street was closed for a holiday
Asian shares are trading mixed on the second day Chinese markets are open after the Lunar New Year break. Benchmarks rose in China but slipped Tuesday in Tokyo, Sydney and Seoul. Oil prices rose. ( read original story ...)
China’s securities watchdog solicits proposals to revive market
China's securities watchdog said it held a series of seminars on Sunday and Monday with market participants who proposed tighter scrutiny of company listings and trading behaviour as part of efforts ... ( read original story ...)
China slashes mortgage reference rates to revive property market
SHANGHAI/SINGAPORE: China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader economy. ( read original story ...)
China cuts mortgage reference rate more than expected to revive property market
China cut the benchmark reference rate for mortgages at a monthly fixing on Tuesday by more than expected, as authorities ramped up efforts to stimulate credit demand and revive the property market. ( read original story ...)
China’s central bank unexpectedly cuts benchmark lending rate y 25 bps to 3.95%
China held its one-year loan prime rate on Tuesday, but surprised markets by lowering the five-year rate by 25 bps to 3.95%, according to a statement Tuesday from the People’s Bank of China. Reuters ... ( read original story ...)