Reuters

Reuters

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  • China's Ganfeng Lithium inks 3-year supply contract with Tesla
    FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016.
    China's Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd have signed a contract to supply battery-grade lithium products to U.S. electric vehicle (EV) maker Tesla Inc.
  • Alibaba-backed Best to sell China express delivery business in $1.1 billion deal
    Alibaba-backed Best to sell China express delivery business in $1.1 billion deal
    Alibaba-backed Best Inc said on Friday it would sell its express delivery business in China to J&T Express Co. Ltd in a deal valued at about 6.8 billion yuan ($1.06 billion), including debt, sending its shares up 22% before the bell.
  • Tencent's $1.3 billion Sumo deal comes under U.S. security probe
    TENCENT
    Sumo Group said on Friday the U.S. national security panel is investigating the British videogame developer's $1.27 billion takeover by China's Tencent Holdings.
  • Ping An Insurance sees 31.2% profit drop on shrinking returns, premium income
    Ping An Insurance sees 31.2% profit drop on shrinking returns, premium income
    Ping An Insurance Group Co of China Ltd, the country's largest insurer by market value, posted a 31.2% fall in third-quarter net profit on Wednesday as its premium income shrank on a weak economy and profit was dented by losses on investment assets.
  • China issues plan to hit carbon emission peak before 2030
    CLEAR SKIES
    China will take action to reduce waste, promote renewables and unconventional fuel, and reform its electricity network as part of its plan to bring carbon emissions to a peak before 2030, China's cabinet said on Tuesday.
  • China's troubled property behemoth averts default for now
    Debt-laden real estate developer China
  • China drafts law to punish parents for children's bad behavior
    China drafts law to punish parents for children's bad behavior
    China's parliament will consider legislation to punish parents if their young children exhibit "very bad behavior" or commit crimes.
  • Hong Kong's new China futures have best first day in bourse's history
    Hong Kong's new China futures have best first day in bourse's history
    Hong Kong's new futures product based on an index of onshore Chinese shares, which began trading Monday, had the highest first-day trading value of any new futures launched on the Stock Exchange of Hong Kong, according to the bourse.
  • China turns the screws on crypto, Bitcoin stumbles
    ADMIRATION FOR CRYPTO
    China intensified a crackdown on cryptocurrency trading on Friday, vowing to root out "illegal" activity and banning crypto mining nationwide, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.
  • With Gucci bags and Dyson appliances, Evergrande wooed retail investors
    With Gucci bags and Dyson appliances, Evergrande wooed retail investors
    Lured by the promise of yields approaching 12%, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's top-selling developer, tens of thousands of investors bought wealth management products through China Evergrande Group.
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