Markets

Half of Kweichow Moutai’s Top Shareholders Slash Holdings Despite Record Earnings

Half of Kweichow Moutai’s Top Shareholders Slash Holdings Despite Record Earnings

Five of the ten biggest shareholders in high-end Chinese liquor maker Kweichow Moutai Co. cut their holdings in the…

Mar 28, 2018
Xu Wei
China’s Selfie Giant Meitu Nearly Tripled Turnover Last Year Amid Online Advertising Growth

China’s Selfie Giant Meitu Nearly Tripled Turnover Last Year Amid Online Advertising Growth

China’s Selfie Giant Meitu Nearly Tripled Turnover Last Year Amid Online Advertising Growth. Meitu Inc., the developer of China’s…

Mar 28, 2018
Guan Jian
Leshi Seeks Third-Party Funding Amid Operating Difficulties

Leshi Seeks Third-Party Funding Amid Operating Difficulties

Chinese bio-pharmaceutical unicorn WuXi AppTec Co., will become the first Chinese company to delist in the US and relist in…

Mar 28, 2018
Dou Shicong
Yuan Rallies to 31-Month High as Dollar Index Dives

Yuan Rallies to 31-Month High as Dollar Index Dives

The yuan is rallying strongly against the dollar and has hit a 31-month high as trade disputes between the United…

Mar 27, 2018
She Qingqi
Chinese Yuan Strengthens to Two-and-Half-Year High Against Dollar

Chinese Yuan Strengthens to Two-and-Half-Year High Against Dollar

The central parity rate of the yuan against the dollar today hit the highest level in nearly two and half…

Mar 27, 2018
Xu Wei
Yanzhou Coal Mining Raises 2017 Sales Target Amid Surging Profit

Yanzhou Coal Mining Raises 2017 Sales Target Amid Surging Profit

Chinese listed-firm Yanzhou Coal Mining Co., also the biggest coal miner in Australia, has raised its coal sales target to…

Mar 27, 2018
Dou Shicong
China’s Crude Oil Futures Make Rosy Start on First Trading Day

China’s Crude Oil Futures Make Rosy Start on First Trading Day

The first trading day of the yuan-dominated crude oil futures contracts in China attracted many domestic and foreign investors, achieving a high volume.

Mar 26, 2018
Huang Siyu
Bloomberg to Include China Bonds in Barclays Global Aggregate Index

Bloomberg to Include China Bonds in Barclays Global Aggregate Index

Bloomberg LP has decided to include Chinese government and policy-bank securities in the Bloomberg Barclays Global Aggregate Index, online news…

Mar 26, 2018
Xu Wei
Zoneco Imports Japanese Scallops to Replenish Missing Stock

Zoneco Imports Japanese Scallops to Replenish Missing Stock

Zoneco Group Co., the seafood producer embroiled in scandal after claiming its scallop stocks almost completely perished, plans to import from Japan to trim the stock shortage.

Mar 26, 2018
Dou Shicong
Trading Starts in China’s First Yuan-Denominated Oil Futures

Trading Starts in China’s First Yuan-Denominated Oil Futures

China’s long-anticipated crude oil futures started trading on the Shanghai International Energy Exchange (INE) today. The yuan-denominated contracts are the…

Mar 26, 2018
Xu Wei
Baidu Prices USD1.5 Billion Notes in PO; Some Proceeds Will Retire Debt

Baidu Prices USD1.5 Billion Notes in PO; Some Proceeds Will Retire Debt

Baidu Prices USD1.5 Billion Notes in PO; Some Proceeds Will Retire Debt

Mar 24, 2018
Xu Wei
Chinese Stocks Drop the Most in Six Weeks on Trade War Fears

Chinese Stocks Drop the Most in Six Weeks on Trade War Fears

The three major stock indexes of China’s A-share market fell sharply today as U.S. President Donald Trump signed a presidential…

Mar 24, 2018
Liao Shumin

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