Global markets were mixed on Friday amid a surge in China led by Alibaba stock, as euphoria continued over DeepSeek’s potential in the artificial intelligence sector. France's CAC 40 rose 0.2% in ... ( read original story ...)
Shanghai advances low-altitude transport with test flights, new routes
Shanghai has been making efforts to boost the high-quality growth of its low-altitude economy. In August, the Shanghai government released an action plan for this sector, highlighting the construction ... ( read original story ...)
Shanghai unveils consumption event lineup for 2025
Shanghai unveiled an extensive calendar of shopping festivals and consumer events for 2025 on Friday, aimed at boosting consumption and strengthening its position as a global consumption hub. ( read original story ...)
Chinese trading card firm Kayou plans $500 million Hong Kong IPO, sources say
Chinese trading card and collectible toy company Kayou has restarted plans for a Hong Kong initial public offering (IPO) to raise about $500 million, according to two sources with direct knowledge of ... ( read original story ...)
Analysis-China regulatory easing hopes brighten outlook for offshore equity fundraising
By Kane Wu and Scott Murdoch HONG KONG/SYDNEY (Reuters) -Chinese companies, mainly those in the tech sector, are accelerating plans to raise funds offshore, tapping into a rebound in investor ... ( read original story ...)
Stock market today: Asia shares trade mixed as China benchmarks surge while others slip
Australia’s S&P/ASX 200 shed 0.3% to 8,300.90, while South Korea’s Kospi slipped 0.2% to 2,650.17. Hong Kong’s Hang Seng jumped 2.7% to 23,183.02, boosted by a surge in shares of Alibaba, which ... ( read original story ...)
Gemdale Wins First Land Auction in Shanghai in Two Years After Surviving Debt Repayment Peak
After settling its debt situation, Gemdale gradually reentered the land auction market. On Jan. 21, it won the development rights for a plot in Hangzhou for CNY186 million, a premium of 31 percent. At ... ( read original story ...)