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The Latest Breaking News from Caixin Global

Shanghai Composite Index Rose 0.12% on Thursday

Shenzhen Component Index closed up 1.02%

Caixin Global

Former Nio Electric Car Rival Singulato Goes Bust

Nine-year-old EV startup enters bankruptcy liquidation without delivering any vehicles

Caixin Global

Shanghai Composite Index Fell 1.34% on Wednesday

Shenzhen Component Index closed down 2.14%

Caixin Global

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read the most diverse news in one place.

U.S. Commerce Chief to Visit China Next Week

The announcement of Gina Raimondo’s trip from Aug. 27 to 30 follows Washington’s easing of export restrictions on 27 Chinese entities

Caixin Global

U.S. Eases Export Restrictions on 27 Chinese Entities

The Commerce Department says end-use checks had been successfully conducted, ahead of Secretary Gina Raimondo’s visit to China later this month

Caixin Global

Shanghai Composite Index Rose 0.88% on Tuesday

Shenzhen Component Index closed up 0.53%

Caixin Global

Shanghai Composite Index Fell 1.24% on Monday

Shenzhen Component Index closed down 1.32%

Caixin Global

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Guangzhou Mulls Housing Vouchers to Revive Home Market

Families affected by urban renovation projects would get transferable vouchers they could use to buy new housing

Caixin Global

Shanghai Composite Index Fell 1.0% on Friday

Shenzhen Component Index closed down 1.75%

Caixin Global

Weekly Must-Read: How Zhongzhi Became the Latest Chinese Financial Holding Group to Fall

For years, the conglomerate held a reputation as one of the premier private financial holding groups in China, but its problems escalated quickly after the sudden death of its founder, Xie Zhikun, in late 2021

Caixin Global

DJI Unveils First Cargo Delivery Drone in New Business Push

World’s biggest consumer drone maker unveils FlyCart 30, capable of transporting 30 kilos of goods 16 kilometers

Caixin Global

Two Chery Auto Models Will Be First Outfitted With Revamped CATL Battery

Contemporary Amperex Technology’s mixed battery pack will be used in the Chinese carmaker’s Sterra ES and Zhijie S7 sedans

Caixin Global

Shanghai Composite Index Rose 0.43% on Thursday

Shenzhen Component Index closed up 0.61%

Caixin Global

Shanghai Composite Index Fell 0.82% on Wednesday

Shenzhen Component Index closed down 0.94%

Caixin Global

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news in one place.

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Caixin Global

Property Investment Slid Further in July Amid Weakening Market

Real estate shows no sign of rebound as sales fall again, extending the industry’s protracted contraction

Caixin Global

Shanghai Composite Index Fell 0.07% on Tuesday

Shenzhen Component Index closed down 0.7%

Caixin Global

Third-Party Payment Industry Consolidates as Prepaid Card Issuers Exit

Prepaid card issuers suffer as business contracts; some exit as PBOC revokes licenses for failing to meet industry requirements, others drop out

Caixin Global

Shanghai Composite Index Fell 0.34% on Monday

Shenzhen Component Index closed down 0.5%

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news in one place.

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Caixin Global

Mudslide in Northwest China Kills 21

Six remain missing after heavy rains and flash flooding hit the city of Xi’an in Shaanxi province Friday

Caixin Global

Chinese Automakers Motor Into Indonesia for New Growth

Great Wall Motor and Hozon Auto make debuts at Indonesia International Motor Show this week and push to set up local factories

Caixin Global

Shanghai Composite Index Fell 2.01% on Friday

Shenzhen Component Index closed down 2.18%

Caixin Global

Another Chinese Chip Design Venture Is Shutting Down

Geely Holding’s Xingji Meizu Group decides to terminate the business due to uncertainties in the global economy

Caixin Global

Seven Die as Water Surges in Southwest China River

The deceased women were swept away in the Longxi River in Ya’an, Sichuan province, in an incident that may be linked to a discharge from an upstream reservoir

Caixin Global

Shanghai Composite Index Rose 0.31% on Thursday

Shenzhen Component Index closed up 0.1%

Caixin Global

Yuan Transactions Hit Record in Russia

The Chinese currency was on one side of 44% of forex trades on the Russian exchange-traded market last month, up from 39.8% in June

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