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Chinese Stocks End Higher, Led by Shanghai's Large Caps
(Yicai Global) Aug. 23 --   China's mainland shares were trading within a wide range through the  day, still closing higher, and the best-performing ones were Shanghai's  large caps. The Shanghai...
SHIBOR Rates Go Mostly Higher as PBOC Leaves Liquidity Untouched
(Yicai  Global) Aug.23 -- The Shanghai Interbank Offered Rates moved mostly higher today after the central bank kept the liquidity of the banking system balanced this morning. The overnight SHIBOR...
Chinese Solar Plants Generate 30% More Power in First Half
(Yicai Global) Aug. 23 --  China's photovoltaic power generation, as well as installed capacity,  both rose over one year, according to the National Energy  Administration. In the first half, solar...
Country Garden Services Shares Jump to Historic High as First-Half Earnings Beat Forecast
(Yicai Global) Aug. 23 -- The share price of Country Garden Services Holdings jumped to the highest ever after the residential property management arm of Country Garden Holdings posted better-than-expected earnings in...
First Downtown Duty-Free Shop Opens in Shanghai
(Yicai Global) Aug. 23 --  China Duty Free Group has opened Shanghai's first tax-free store that is  located near the center of the eastern city in Pudong district.  Foreigners and...
NavInfo to Put Maps in BMW, Rolls-Royce Vehicles Across China
(Yicai Global) Aug. 23 -- NavInfo, a Chinese digital mapmaker, has secured a five-year deal to provide real time navigation services to BMW and Rolls-Royce branded vehicles sold on the...
Chinese Stocks End Morning Higher
(Yicai  Global) Aug. 23 -- Stock markets on the Chinese mainland moved up this morning, with the large-cap heavy Shanghai benchmark leading the way. The Shanghai Composite Index closed for...
Tianqi Lithium's Australia Unit Secures LG Chem Supply Deal
(Yicai Global) Aug. 23 -- Tianqi Lithium Kwinana, a subsidiary of China's Tianqi Lithium, has landed a five-year contract selling lithium hydroxide to LG Chem. The Western Australia-based unit will sell...
PBOC Leaves China's Banking Liquidity Untouched Today
(Yicai Global) Aug. 23 -- The People's Bank of China used open market operations to keep the liquidity of China's monetary system balanced today. The central bank conducted a seven-day...
Tesla's Shanghai Gigafactory to Connect to Power Grid by End of September
(Yicai Global) Aug. 23 -- Tesla's Shanghai Gigafactory is expected to have finished its power facilities and be ready to connect to the grid by the end of September, the...