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The Latest Breaking News from Caixin Global

Former Provincial Vice Governor Stung in Graft Probe

Su Zengtian, also an ex-vice chairman of Fujian province’s top legislative body, is suspected of ‘serious violations of discipline and law’

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Shanghai Composite Index Fell 2.68% on Monday

Shenzhen Component Index closed down 3.5%

Caixin Global

CATL to Supply EV Startup With New Fast-Charging Battery

The Shenxing cell can charge to a range of 400 kilometers in 10 minutes and deliver over 700 kilometers on a full charge

Caixin Global

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Shanghai Composite Index Fell 0.47% on Friday

Shenzhen Component Index closed down 0.68%

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Weekly Must-Read: China’s 2023 GDP Growth Recovers to 5.2%, Beating Target

Although the economy rebounded last year, statistics chief warns of headwinds in 2024

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Shanghai State Media Veteran Tried for Accepting Millions in Bribes

Cheng Feng, former deputy manager of Shanghai United Media Group, stands accused of taking $5.4 million in exchange for assistance with garnering investment funding and winning project bids

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Shanghai Composite Index Rose 0.43% on Thursday

Shenzhen Component Index closed up 1.0%

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BYD to Debut in Indonesian Car Market

The Chinese EV-maker, which already sells vehicles in more than 70 countries, has been trying to further expand its global footprint with exports surging 334.2% last year

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China Willing to Import More ‘Marketable’ EU Products, Premier Says

The gesture is part of an effort to establish a more balanced trade relationship with the bloc, Li Qiang says

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Shanghai Composite Index Fell 2.09% on Wednesday

Shenzhen Component Index closed down 2.58%

Caixin Global

Shanghai Composite Index Rose 0.27% on Tuesday

Shenzhen Component Index closed up 0.31%

Caixin Global

Tencent-ByteDance Ceasefire Holds With Honor of Kings Deal

The agreement will allow the popular battle arena game to be streamed on Douyin in the wake of a longrunning tussle over copyrights

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Beijing ‘Welcomes’ Nauru Decision to Cut Diplomatic Ties With Taiwan

The Pacific Island nation is seeking to reestablish official relations with Beijing, switching diplomatic recognition from Taipei following the recent election

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Shanghai Composite Index Rose 0.15% on Monday

Shenzhen Component Index closed down 0.36%

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China Names New Climate Envoy

Liu Zhenmin, a career diplomat, is replacing special envoy Xie Zhenhua, who is stepping down ‘due to health reasons’

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China Premier to Speak at 2024 World Economic Forum

Li Qiang is scheduled to visit Europe next week to deliver a special address at the event in Davos, and pay official visits to host Switzerland and Ireland

Caixin Global

Shanghai Composite Index Fell 0.16% on Friday

Shenzhen Component Index closed down 0.64%

Caixin Global

Citadel Securities Bids for Credit Suisse’s China Venture

UBS’sale will face delay as Credit Suisse’s joint-venture buyout is still awaiting approval by Chinese regulators

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China Province Reveals Head of New Public Complaints Department

Inner Mongolia has named Wu Zhiqiang as chief of its Social Work Department, which is tasked with overseeing the handling of feedback from the public

Caixin Global

Shanghai Composite Index Rose 0.31% on Thursday

Shenzhen Component Index closed up 1.47%

Caixin Global

China’s Economy Expands at 5.3% in 2023, Caixin Survey Shows

Chinese economy is showing signs of stabilizing after its bumpy ride following the lifting of Covid restrictions and a property slump, say economists

Caixin Global

Iflytek to Spin Off Loss-Making Health Care Arm

The Chinese AI developer is looking to float its medical device and diagnosis business Xunfei Healthcare Technology in Hong Kong

Caixin Global

Shanghai Composite Index Fell 0.54% on Wednesday

Shenzhen Component Index closed down 0.55%

Caixin Global

PBOC Added $70 Billion Cheap Credit in 2023 to Fund Housing, Infrastructure

Relaunch of the PSL program suggests Beijing is relying on the policy banks to left China out of deepening property crisis

Caixin Global

Shanghai Composite Index Rose 0.2% on Tuesday

Shenzhen Component Index closed up 0.27%

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