Chinas
China’s CICC demotes senior bankers, cuts pay to slash costs
CHINA International Capital Corporation (CICC) is planning to demote some of its senior bankers and cut their pay, sources with knowledge of the matter said, an unusual move that...
Worst days for China’s stock market may be over
The SGX FTSE China A50 Index Futures contract is based on the underlying FTSE China A50 Index (up 8.89 per cent year to date), which has outperformed both the...
China’s electric cars keep improving, a worry for rivals elsewhere
CARMAKERS in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step...
Why China’s electric cars are piling up at European ports
CHINA’S automotive industry has undergone a revolution over the past decade, from producing basic Western clones to making cars that equal the world’s best. As the manufacturing powerhouse of...
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
TWO of China’s top three state-owned airlines reported narrower losses in the first quarter as international travel gradually returns after the pandemic and said they would add more international...
BYD shares face earnings test as China’s EV price war heats up
AFTER getting a jump on competitors in the latest round of China’s electric-vehicle (EV) price war, BYD now faces a key test of proving that it can withstand the...
China’s Bank of Communications Q1 profit rises 1.44%
CHINA’S Bank of Communications (BoCom), reported a 1.44 per cent rise in first-quarter net profit amid a slowing economy.BoCom, the first among five of the nation’s biggest state banks...
China’s Huawei launches new software brand for intelligent driving
CHINESE tech company Huawei unveiled on Wednesday (Apr 24) a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle...
