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News
Former Chengdu Judge Expelled Over Corruption, Secret Lawyer Registration
1+ hour, 48+ min ago (173+ words) Caixin Global Former Chengdu Judge Expelled Over Corruption, Secret Lawyer Registration A former district court president in the southwestern Chinese city of Chengdu has been expelled from the Communist Party and dismissed from public office for a raft of corruption…...
China’s New Environmental Code Puts Focus on Corporate Remediation
2+ hour, 21+ min ago (154+ words) Caixin Global China’s New Environmental Code Puts Focus on Corporate Remediation China’s Supreme People’s Court issued judicial guidance Wednesday on how courts should apply the country’s new Environmental and Ecological Code, setting rules for cases that straddle the law’s Aug....
In Depth: Dangdai Founder Ai Luming Detained as Probe Into Debt Crisis Widens
6+ hour, 36+ min ago (114+ words) Ai Luming, founder of Wuhan Dangdai Science & Technology Industries Group, has been criminally detained by Chinese police on suspicion of illegally absorbing public deposits. The 69-year-old businessman is being held at a detention center in Wuhan, according to an Aug....
Unitree Robotics Prices Shanghai IPO at 61 Billion Yuan Valuation
11+ hour, 51+ min ago (147+ words) Caixin Global Unitree Robotics Prices Shanghai IPO at 61 Billion Yuan Valuation Unitree Robotics has priced its Shanghai initial public offering at 150.8 yuan a share ($22.3), valuing the company at 61 billion yuan and securing a strategic investment from artificial intelligence firm DeepSeek....
Chinese Auto Brands Gain Ground in Australia as EV Sales Jump
13+ hour, 6+ min ago (149+ words) Caixin Global Chinese Auto Brands Gain Ground in Australia as EV Sales Jump Battery-powered electric vehicle sales in Australia more than tripled from a year earlier in July, driven in part by volatile gasoline prices and lifting Chinese automakers into…...
In Profile: The Reclusive Architect of Shein’s Global Rise
18+ hour, 19+ min ago (475+ words) Caixin Global In Profile: The Reclusive Architect of Shein’s Global Rise The long-awaited initial public offering of Shein Global Holdings Ltd. reached a critical milestone in late July when the fast-fashion juggernaut cleared a Hong Kong Stock Exchange listing hearing....
Tech Brief (Aug. 6): U.S. Drafts Ban on Chinese Optical Modules, Exposing Mutual Supply Chain Risks
17+ hour, 24+ min ago (224+ words) Caixin Global Tech Brief (Aug. 6): U.S. Drafts Ban on Chinese Optical Modules, Exposing Mutual Supply Chain Risks MiniMax shares surge after joining Hong Kong Stock Connect Shares of Chinese AI specialist MiniMax surged Thursday after the company was added to a…...
China’s July Economy Seen Uneven as Exports Offset Weak Investment
19+ hour, 21+ min ago (144+ words) Caixin Global China’s July Economy Seen Uneven as Exports Offset Weak Investment China’s economic performance likely remained uneven in July, with industrial production and fixed-asset investment expected to have weakened while retail sales and exports maintained growth, a Caixin survey…...
MiniMax Shares Surge After Joining Hong Kong Stock Connect
20+ hour, 54+ min ago (160+ words) Caixin Global MiniMax Shares Surge After Joining Hong Kong Stock Connect Shares of Chinese artificial intelligence (AI) specialist MiniMax surged Thursday after the company was added to a program linking Hong Kong and Chinese mainland stock markets. The stock jumped…...
Yuan Advances to Three-and-a-Half-Year High
22+ hour, 36+ min ago (135+ words) Caixin Global Yuan Advances to Three-and-a-Half-Year High The onshore yuan strengthened past 6.75 per U.S. dollar on Thursday, reaching its highest level in three and a half years, supported by shifting U.S. monetary policy expectations and robust Chinese exports. The onshore yuan opened…...