Category: M2
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China Increases Regulation On LGFV Offshore Bonds
Chinese regulators have closed a regulatory gap that allowed highly indebted local government finance vehicles (LGFVs) to expand borrowing last year by ordering LGFVs to [more…]
BYD Overtakes Tesla in EV Sales
BYD passed Tesla in Q4 2023 in terms of sales of pure EVs, benefiting from an aggressive price battle its US competitor initiated last year. [more…]
China Unveils New Gaming Regulations
Chinese regulators have announced rules aimed at curbing spending and rewards in video games, causing panic among investors. Online games are not allowed to provide rewards [more…]
China’s Imports of Lithography Equipment increase 1050%
China’s semiconductor manufacturer’s imports of foreign lithography equipment has increased by 1050% in November, despite US restrictions. In November, China imported 16 units of lithography [more…]
PBOC Keeps Prime Lending Rates Steady
The benchmark lending rates of Chinese banks have not changed, suggesting that more monetary easing is anticipated in the first part of 2024. After reducing [more…]
SMIC and Huawei Make 5 nm Breakthrough
Despite US limitations, Semiconductor Manufacturing International Corporation (SMIC) may have broken through the 5nm manufacturing barrier by creating a chip for Huawei. The Chinese IT [more…]
Ant Group and Huawei Partner to Create Native HarmonyOS Apps
Chinese financial technology giant Ant Group has partnered with Huawei to develop native applications for the HarmonyOS operating system. The move follows previous collaborations with [more…]
China Factory Activity Contracted in November, Overall Activity Sees Expansion
In November, China’s manufacturing activity shrank for a second straight month, according to a National Bureau of Statistics official survey. The manufacturing sector’s official purchasing [more…]
Shein Seeks to Go Public in US IPO
Chinese fast-fashion company Shein has submitted an initial public offering (IPO) application to a securities regulator in the United States. The company, which was recently [more…]
China ETFs See Record Inflows
According to mutual fund firm China Asset Management Co (ChinaAMC), China’s exchange-traded funds (ETFs) have experienced an annual net inflow of over 400 billion yuan [more…]