Chinese EV maker Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended ...
Tag: Yuan
Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended ...
CDL acquires 51% stake in Shanghai mixed-used site for 4.6 billion yuan
CITY Developments Ltd (CDL), together with its partner in China, Lianfa Group, have been awarded the tender for a mixed-use ...
BYD Q3 revenue rises 24% year on year to 201.1 billion yuan, eclipses Tesla for first time
BYD notched up another win over Tesla on Wednesday (Oct 30), reporting quarterly revenue that beat Elon Musk’s carmaker for ...
UOB issues largest 3-year panda bond among foreign issuers at 5 billion yuan
UOB has successfully priced a three-year, five billion yuan (S$923 million) bond at 2.3 per cent, marking its first panda ...
China traders bet PBOC will keep yuan in hand even if Trump wins
CHINA’S domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained ...
China kicks off 800 billion yuan funding schemes to support stock market
CHINA’S central bank kicked off two funding schemes on Friday (Oct 18) that will initially pump 800 billion yuan (S$147.6 ...
China rolls out 800 billion yuan funding schemes to bolster stock market
CHINA’S central bank kicked off two funding schemes on Friday (Oct 18), that will initially pump as much as 800 ...
Citic Securities is the first firm to tap China’s 500 billion yuan swap facility, media reports
CHINA’S Citic Securities has been given the nod to obtain 10 billion yuan (S$1.8 billion) in liquid assets from a ...
Yuan drags Asian currencies as China’s spending plans disappoint
CHINA’S onshore yuan had its worst day in more than a year after a week-long break, fuelling a broader weakening ...
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