Chinas
China’s aluminium factories are changing to escape a crushing price war
[BEIJING] For Liang Zhu, who runs an aluminium factory about 100 kilometres north of Hong Kong, there is only one way out of China’s vicious spiral of excessive competition:...
China’s Baosteel in discussions on steel investments from Asia to Africa
Beijing is also facing anti-dumping duties from a number of countries as they seek to keep out cheaper Chinese supplies after domestic use declined due to a prolonged property...
Profit dives at China’s top food delivery firm Meituan amid intense competition
[SHANGHAI] China’s leading food delivery group Meituan, reported on Wednesday (Aug 27) a fall of 89 per cent in second-quarter adjusted net profit as it looks to stave off...
Cambricon briefly overtakes Moutai as China’s priciest stock
[SHANGHAI] A leading Chinese chipmaker briefly replaced a top liquor giant as the country’s most expensive onshore stock, as investors doubled down on innovative technology firms to keep driving...
China’s exports of semi-finished steel surge by more than 300%
[LONDON] China has more than quadrupled its exports of steel in semi-finished form so far this year, adding to an unprecedented flood of the metal even after a wave...
China’s Sinochem to sell two bankrupt refineries to local operators
[SINGAPORE] China’s state-run Sinochem Group will sell another two bankrupt refineries in eastern Shandong province to local refiners for much less than they are valued via auctions that closed...
Bubble risks grow as China’s stock bull run defies economy angst
[BEIJING] China’s economy is buckling under the weight of tariffs and a deep-rooted property crisis, yet stocks are extending their bull run – a disconnect that’s stirring doubts on...
China’s Dongfeng plans to list EV unit, take rest private
[NEW YORK] Dongfeng Motor Group plans to withdraw its Hong Kong shares in a new twist on a long-awaited restructuring, part of a transaction that will result in a...
