More than a year after one of China’s biggest trust companies collapsed, hopes for a recovery in the $3.7 trillion industry are quickly fading. ( read original story ...)
China Shadow Bank That Oversaw $108 Billion Faces Liquidation
Zhongrong International Trust Co., which was one of China’s largest shadow banks before it defaulted on billions of dollars of wealth products, is facing liquidation after its two state-appointed ... ( read original story ...)
GT Voice: Surge in chip IPOs shows keen appetite for tech self-sufficiency
As China navigates the complexities of international trade and technological competition, its focus on expanding legacy chip production is not merely a response to US sanctions but a strategic move to ... ( read original story ...)
China Southern is said to mull Hong Kong IPO of cargo unit
HONG KONG] China Southern Airlines is exploring a Hong Kong initial public offering (IPO) for its cargo business after shelving plans to do so in Shanghai, according to sources familiar with the ... ( read original story ...)
Zhipu AI Kicks Off IPO Race as OpenAI Tightens Global Lead with GPT-4.1
Zhipu's open-source ChatGLM series has been downloaded over 30 million times globally, with 150,000+ GitHub stars. The Qingyan AI assistant app has over 25 million users and strong commercial adoption ... ( read original story ...)
Banking & Finance
Trade war may derail corporate earnings recovery in China, Morgan Stanley says US investment bank sees downside risk to its bet on corporate earnings recovery in 2025 as the US-China tariff war ... ( read original story ...)
Global banks cut China growth forecasts as trade war deepens
Global investment banks are lowering their projections for China's economic growth this year as U.S. President Donald Trump's aggressive tariffs are expected to take a toll on the world's ... ( read original story ...)