This list is as relevant today as in the summer of 2015, when plunging Shanghai shares panicked Wall Street. As mainland stocks lost 30 per cent of their value in three weeks, officials in Washington, Brussels and Tokyo wondered whether China was about to produce...
China’s Ministry of Industry and Information Technology (MIIT) has assembled 60 experts, including some from the country’s largest technology firms, to form a new working group to establish standards for the metaverse sector.Representatives from telecoms equipment giant Huawei Technologies, video gaming titans Tencent Holdings and...
Hedge fund Bridgewater Associates’ China business is set to grow to about 40 billion yuan (US$5.56 billion) following a fresh round of fundraising, a source familiar with the matter said, marking a doubling of assets over the past year while local rivals have struggled.The US...
Chinese investors have ignored a warning from the issuer of the largest onshore exchange-traded fund (ETF) tracking the Japanese market, bidding the fund higher as they chase gains in the stocks.The China AMC Nomura Nikkei 225 ETF rose to the daily limit of 10 per...
Micro Connect, an investment platform co-founded by the former boss of Hong Kong Exchanges and Clearing, Charles Li Xiaojia, on Tuesday introduced a new market standard for financing China’s micro and small businesses.The market-accepted protocol, or MAP, will allow investors to value expected cash flows...
The brisk recovery has been a boon to Japan’s hotel investment market. Although hotels only account for 6 per cent of Asia’s commercial property transaction volumes, they comprised 15 per cent of investment activity in Japan in the first three-quarters of last year, according to...
A US$32,000 robot developed by a team at Stanford University has caught the attention of Chinese online users, after a video showing the two-handed robot cooking a three-course meal went viral.Mobile Aloha, built by two computer-science PhD candidates from China, is a two-handed system that...
China’s internet giants from Alibaba Group Holding to Tencent Holdings slashed external investments last year amid an economic slowdown, regulatory headwinds and geopolitical tensions, according to data compiled by a Chinese consultancy.Total investment deals made by Alibaba, Tencent and Baidu plunged by nearly 40 per...
For many years, Asia has seen the dawn break at the start of a new year on a land of relative peace and prosperity. This year, however, the morning sky is clouded with ominous signs of uncertainty and perhaps coming storms.This is unusual for a...
Still, analysts said, the dramatic drop – partly due to a high base in 2022 when US importers front-loaded inventory amid Covid-19 supply chain disruptions – does not prove a real reduction in the US reliance on “Made in China”.Rather, they contended, it indicates a...