Official data on “total social financing”, a broad gauge of credit growth, has also shown signs of weakness this year. It showed a rare credit contraction in April, its first decline since comparable ... ( read original story ...)
Chinese Semiconductor Industry Faces Turmoil as US Intensifies Restrictions: 23 Firms Withdraw from IPO
The Chinese Semiconductor Industry is currently the world’s largest market in terms of consumption. China represents 53.7% of worldwide chip sales. However, a large percentage are imported from ... ( read original story ...)
Hong Kong may reap bonanza as China expedites approvals for offshore IPOs
Market watchdog’s second-in-command tells Lujiazui Forum that the pace of approvals has already picked up, but is ‘still not sufficient’. ( read original story ...)
Shanghai Film Festival: Malaysian Animation ‘Extinction’ Inks First Rights Deals (EXCLUSIVE)
All Rights has subsequently licensed the title to Magic Film for the CIS region, to Dazzler Media for the U.K., to Red Cape Distribution for Israel and to Bir Film for Turkey. Directed by Behnooud ... ( read original story ...)
Two adults and one child spotted riding toy electric car in downtown Shanghai
On June 15, a shocking scene unfolded at a busy intersection in downtown Shanghai, with two adults and a child, suspected to be a family of three, riding a toy electric car and crossing a zebra ... ( read original story ...)
2025 financial services to improve in Shanghai
By teaming up with other government bodies, the Shanghai Financial Regulatory Bureau will provide ... are encouraged to increase the financing of warehouse receipts and movable property pledges by ... ( read original story ...)
China takes firm steps to prevent exchange rate overshooting: central bank governor
Pan Gongsheng, governor of the People's Bank of China, during the 15th Lujiazui Forum in Shanghai, June 19, 2024. [Photo/VCG] SHANGHAI -- China has taken firm steps to prevent the risks of exchange ... ( read original story ...)