China’s green bond market has overtaken western rivals for the first time this year, as Beijing embraces a form of sustainable finance coming under growing pressure in the US and Europe, reports the Financial Times. In 2025, China issued a record $70.3 billion of bonds either certified or aligned with the Climate Bonds Initiative, an […]
Category: Brief
Goldman Sachs Group Inc. CEO David Solomon said global investors are gradually returning to Chinese equities following years of steep market losses, and he expects the recovery to extend into 2026, reports Caixin. Speaking Tuesday at the Global Financial Leaders’ Investment Summit hosted by the Hong Kong Monetary Authority, Solomon said China’s stock market had […]
US ocean shipping company Matson has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday, reports Reuters. President Donald Trump and Chinese leader Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months, starting on November 10. Media […]
Categories
Alibaba rebrands Ele.me
Alibaba Group Holding is rebranding its Chinese food delivery platform Ele.me as Taobao Shangou, aligning the service more closely with its flagship e-commerce ecosystem, as the company seeks to enhance synergy across its consumer businesses, reports the South China Morning Post. A logo of the beta version of the updated app, available to select users, […]
A proposed RMB 3.3 billion ($463 million) restructuring plan for debt-laden Shanshan Group Co. Ltd. has collapsed after key creditor and shareholder groups voted it down, derailing the recovery effort of the once-prominent private enterprise, reports Caixin. The Ningbo-based firm, now focused on battery materials and polarizers, has been under court-supervised restructuring since February 2025, […]