Profits at industrial firms in China continued to decline in the first 10 months of the year, weighed down by COVID restrictions and falling factory-gate prices, reports Bloomberg. Indu... Read more
Lygend Resources & Technology, a Chinese nickel producer and trader, raised about HK$3.67 billion ($470 million) in its Hong Kong initial public offering, according to people familiar wi... Read more
China has broadened its private pension scheme, allowing large insurance companies to offer individual retirement products to meet the needs of a rapidly ageing population, according to a st... Read more
Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce giant Pinduoduo in the third quarter while cutting holdings in its rival JD.com, according to their latest re... Read more
Country Garden Holdings, China’s largest developer by sales, will place shares to raise HK$3.9 billion ($500 million), according to an exchange filing, reports Bloomberg. The builder will is... Read more
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