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Posted on 29/07/2024

China’s army of 220 million retail investors relive 2015 nightmare as stocks dive

Retail investors in Chinese stocks are reliving memories of 2015, which shaved a third of the market capitalisation. ( read original story ...)

Posted on 28/07/2024

Autonomous driving unicorn WeRide files for US IPO amid expansion plans in China, overseas

WeRide’s IPO bid shows a broader trend among Chinese autonomous driving ... as the commercial roll-out of driverless vehicles gathers momentum in major cities such as Beijing, Shanghai, Shenzhen, ... ( read original story ...)

Posted on 28/07/2024

China Unexpectedly Cuts Interest Rate as World Markets Sag

The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down. ( read original story ...)

Posted on 28/07/2024

The moment of reckoning looms large for China’s property market as crisis deepens

There are signs China's real estate party is coming to an end, and the moment of reckoning is looming large for property developers, homeowners and the government China's move to allow home ownership ... ( read original story ...)

Posted on 28/07/2024

Remarkable £142 million underground network serving 3.8bn passengers with 508 stations

The system serves as the lifeblood of China's largest city, carrying millions of passengers to their destinations each day. ( read original story ...)

Posted on 28/07/2024

NIO unveils new operating system, 5nm chip, and phone at an AI event in Shanghai

NIO (NYSE:NIO) held its AI-themed NIO IN event at the Shanghai World Expo Center on Saturday. The company officially revealed the complete details of the SkyOS, which it said is a groundbreaking ... ( read original story ...)

Posted on 27/07/2024

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Taiwan's Taiex sank 3.3% as it reopened after markets there were closed Thursday due to a typhoon. It was catching up with the retreat Wednesday, which was the S & P 500's worst loss since 2022. ( read original story ...)

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