China's Semiconductor Manufacturing International Corp will invest US$8.87 billion to build a chip plant in Shanghai, it said on Friday, expanding capacity amid a global chip shortage as Beijing ... ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)