Hints and tips:
...The Guangzhou government wants to raise Rmb200bn ($29bn). Shenzhen in January set up the first Middle East-China co-operation fund with Saudi Arabia’s PIF, with a value of $1bn....
...Samsung and LG declined to comment on their co-operation....
...Bickerstaffe’s departure had been planned, in a way, since she agreed to become co-chief executive in 2022....
...That puts the company’s existing investors, which include Level Equity, Partech and co-founders Brent Hoberman and Ning Li, in a quandary....
...Ed Tang, who co-runs the advisory business Art-Bureau out of Hong Kong, New York and London, is of a similar mind....
...Cheng said his group would invest the Rmb10bn over 12 months on land in top-tier Chinese cities such as Shanghai, Guangzhou, Hangzhou and Shenzhen....
...Chris Bonnett, owner of online garden centre GardeningExpress.co.uk, said on Tuesday that he had made an “extremely compelling offer” to acquire the Wilko brand and website....
...Following reports in local media, Mitsubishi said shareholders in its joint venture with Guangzhou Automobile Group (GAC) would seek a turnaround by reviewing how they managed the business in China and “...
...Major cities including Beijing, Shanghai, Guangzhou and Shenzhen lowered minimum mortgage interest rates for first-time homebuyers last week....
...In a move that reflected the pressure on authorities, the southern cities of Guangzhou and Shenzhen relaxed mortgage lending conditions for first-home buyers on Wednesday....
...The Lotus senior team last week held a two-day event in London to test investor appetite, following similar events in Guangzhou, Shanghai and Beijing last year....
...This, according to a report last month from Guangzhou-based GF Securities, will create “a huge risk” for exporters of high-end machine tools to China....
...Amid expectations of booming demand for fever medicine and other drugs, mainland China-listed shares of pharma companies Guangzhou Baiyunshan Pharmaceutical and Hualan Biological Engineering each gained...
...MCG also runs Soho Works, a co-working space, luxury hotel brand The Ned and Scorpios Beach Club in Mykonos....
...The flight was travelling from Kunming to the city of Guangzhou. No information on casualties or the cause of the crash was immediately available....
...Founded in 1929, Chow Tai Fook grew from one goldsmith’s shop in the southern Chinese city of Guangzhou to become known as the Tiffany’s of the east. The company has prospered during the pandemic....
...Blackstone’s co-founder Stephen Schwarzman has spent years wooing China’s political elite, including pledging $100m to build a prestigious international education programme at Beijing’s Tsinghua University...
...“There are still systemic risks posed by a real estate meltdown to the broader economy,” said Deng Haozhi, a Guangzhou-based property analyst. “It is up to regulators to avoid that scenario.”...
...A frantic sell-off surrounding Evergrande’s debt and equity has shown signs of spreading to other developers, including Guangzhou R&F and Fantasia Group....
...Cliff’s work made for mainly bright and relatively affordable homeware. Sales of it even flourished during the 1930s economic depression, vital for the survival of AJ Wilkinson Ltd....
...The homewares group aims to quadruple annual sales to £1.2bn by the end of 2025....
...Opening on 7 September, the store will be located on the second floor of Selfridges, selling clothes, bags and selected homewares that Garnett has sourced from Oxfam’s shops and warehouses....
...Contemporary Amperex Technology Co Ltd Sector: BATTERIES / HQ: NINGDE, CHINA China’s dominant maker of batteries for electric vehicles has boomed thanks to growing sales to global customers such as Tesla...
...The coming weeks will bring the biggest test yet for China’s most indebted property developers, such as Evergrande and Guangzhou R&F....
...Any capacity boost from a new plant in the southern Chinese city of Guangzhou — which has been delayed by more than half a year by technical problems — will not come in time....
International Edition