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Posted on 24/04/2025

China Declares Currency War: New Plan Aims to Replace the Dollar With the Yuan in Global Trade

Chinese authorities expect that this policy, which would allow Beijing to bolster its influence within global trade networks. ( read original story ...)

Posted on 24/04/2025

Undervalued CICC Banks On Hong Kong IPO Activity Pickup

CICC said its net profit rose between 50% and 70% in the first quarter, as it capitalized on rebounds in the Hong Kong IPO and stock markets The leading investment bank's valuation is significantly ... ( read original story ...)

Posted on 23/04/2025

What’s Happening With CLSK Stock?

Investor optimism, potentially fueled by expectations of a de-escalation in the trade war with China, likely contributed to this increase. ( read original story ...)

Posted on 23/04/2025

Chinese EV Stocks Rise Amid Optimism Over Shanghai Auto Show

The gains were supported by optimism over announcements by carmakers at the Shanghai Auto Show, which began Wednesday. China's auto shows are noteworthy because they include presentations by Chinese ... ( read original story ...)

Posted on 23/04/2025

China’s First ‘Gold Melting ATM’ Goes Viral as Customers Deposit Jewellery and Get Paid for Its Value

The machine, dubbed the 'gold recycling ATM,' has attracted crowds eager to capitalise on surging gold prices. With queues stretching metres long and transactions completed in under half an hour, it's ... ( read original story ...)

Posted on 22/04/2025

China rolls out plan to promote its own payment system as US trade war simmers

The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive trade policies. ( read original story ...)

Posted on 22/04/2025

18 years, zero returns: China’s stock market stuck in time even as Nifty surges 500%

Despite China's impressive economic growth over the past 18 years, its stock market performance, as reflected in the Shanghai Composite and Hang Seng indices, has been stagnant compared to the S&P 500 ... ( read original story ...)

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