News

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...
At a formerly grand hotel where the famed martial arts star once stayed, a group of collectors is trying to preserve vestiges ...
This spring, Shanghai welcomes I. M. Pei: Life Is Architecture, the first major retrospective of the Chinese American ...
Chagee Holdings Limited (“Chagee” or the “Company”), a leading premium tea drinks brand serving healthy and delicious freshly-made tea drinks, today announced the pricing of its initial public ...
An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY Guangzhou, capital of Guangdong province, has put in place trade-in subsidies for compatriots from ...
SHANGHAI: China and Hong Kong shares rose on Thursday, as investors downplayed the latest U.S. tariff increase on Chinese imports and pinned their hopes on talks between the world's two largest ...
China Mobile on Wednesday said it will acquire a 15.5% stake in Hong Kong-based broadband service provider HKBN for HK$1.20 billion ($154.64 million) through its regional unit. Under the deal ...
China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce US dollar purchases, people with direct knowledge of the matter said on Wednesday.
SHANGHAI: Chinese and Hong Kong stocks closed higher ... Lu expects China’s stabilisation funds, supported by the country’s central bank, to intervene significantly in stock markets over ...
The People's Bank of China has been gradually working toward its long-term strategy of diversifying its reserves, moving away from the US dollar, and reallocating into other G10 currencies. This is ...
Amidst escalating trade tensions with the U.S., China's central bank is actively managing the yuan's value. The People's Bank of China (PBOC) is discouraging sharp declines by instructing state-owned ...
The onshore yuan, which trades within a 2% range of a reference rate fixed by the People's Bank of China, fell to 7.35 per dollar in the morning. That is the lowest level since December 2007 on a ...