Advertisement
Advertisement
Yuke Xie
Beijing
Yuke obtained her BA and MA in Film and Media Studies from Columbia University in 2019 and 2021. She joined the Post as a business reporter in 2023, following stints at various media outlets including Mergermarket and Süddeutsche Zeitung.
Chinese brokerages expand bank-securities transfer window in line with Shanghai Stock Exchange’s extension to streamline post-holiday trading.
Fitch analyst sees more support measures next quarter to ensure Beijing’s latest stimulus bazooka achieves its aims.
Funding for the first such intervention since the 2008 financial crisis would mainly come from new special sovereign bonds, sources say.
Banks’ net interest margins may be reduced by a fifth of a percentage point, according to an estimate by S&P Global Ratings.
Advertisement
Beijing’s encouragement for banks to boost investment in unlisted companies is a big move in the effort to support start-ups, analysts say.
Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.
Weak consumer demand and unsold inventories are piling on the losses for dealerships across the country, industry association says.
Arc’teryx, Adidas, Ralph Lauren, Sam’s Club and Yum China are all growing their China sales, but for different reasons.
‘Consumers with real spending power still have a strong demand for products that are high-end, experiential and relatively niche,’ analyst says.
Country Garden drops PwC as its auditor, in another setback for the firm that has lost more than 50 clients this year.
The Xingyuan will compete head-on with BYD’s Seagull car to attract young, first-time car buyers amid an ongoing price war in the local market.
The call makes UBS an outlier among the global investment community, as most investment banks and asset-management firms are bearish on Chinese stocks.
At a time when the country faces unprecedented challenges, these state-owned banking giants show their importance as the economy’s lifeline.
Fast-food kiosks are sprouting up in mainland cities, as fast-food restaurant chains like Yum China, McDonald’s and Haidilao compete for consumer dollars.
The move came as a surprise as Liu, born in 1967, has yet to reach the official retirement age of 60 years for men.
‘Developers cannot cut sales prices freely, so they offer more valuable incentives which serve as de facto discounts,’ an analyst says.
An upmarket strategy has gone flat amid a decline in spending while long-term demographic trends are shrinking the population of fans.
Import substitution gives domestic companies a chance to bite off a bigger share of the fragmented market for food and other pet supplies.
The company plans to use the recently concluded Olympics to increase consumer interest in sports and strengthen Li Ning’s brand perception, co-CEO Qian Wei says.
‘Marginal improvement’ shows government policy support is having ‘some effect’, researcher says.
Guangzhou-based developer said it is in discussions with the holders of the notes for an ‘amicable solution’.
‘Frankly, I don’t think Starbucks can gain a lot of traction in China’s small towns and villages,’ analyst says after the chain’s revenue slides.
Without a substantial new investment, the collapsed developer will not be able to resume trading amid its massive debt and other challenges.
Chinese stocks could fall less than their global peers in a sell-off, as recent technical breakdown puts equities at risk of further declines, BCA Research says.
State-backed companies have outgunned other investors in Beijing’s commercial property market, adding to their aggressive purchases in 2022 and 2023, according to Savills.
A shift in spending behaviour is causing a significant impact on sales at global apparel brands from Uniqlo to Nike on the mainland market. The trend will persist, given slow or no improvement in job and income outlook, according to Deutsche Bank.
Agreements with top financial institutions including BOC, CCB and ICBC aim to promote two-way capital flows through both debt and equity, Public Investment Fund says.
State-owned developers dominate the property market due to easier access to funding, challenging the ability of private developers to catch up in the near future, according to analysts.
The bankruptcy petition filed in the local provincial courts on Friday could have a material impact on production and operations, according to an exchange filing.
‘Office rents in the central business district have declined by 20 to 30 per cent from a year ago because the economy is bad,’ Beijing-based real estate agent says.
