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...The CSI 300 index of Shanghai- and Shenzhen-listed stocks is down nearly 40 per cent from a peak in February 2021....
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...The push into Saudi Arabia, UAE, Qatar and Bahrain comes at a time of growing co-operation between China and countries in the Gulf, as they deepen collaboration on a number of projects....
...Additional reporting by Thomas Hale in Shanghai, Xinning Liu in Beijing and Andrew England in London...
...The other is made up of two European subsidiaries of the Chinese state-backed power company Shanghai Electric....
...According to Automobility, a Shanghai consultancy, BYD’s share of new energy vehicle sales in China fell to 30.8 per cent in January and February, down from 35 per cent at the end of last year....
...Additional reporting by Wang Xueqiao in Shanghai...
Property group is among biggest victims of China’s real estate cash crunch
...Leonard Law, an analyst at Lucror Analytics in Singapore, said he expected a note maturing in June to be repaid due to “regulators’ efforts to co-ordinate financing support, as well as the company’s plan...
...Shaun Rein, managing director of China Market Research Group, a Shanghai consultancy, said it was difficult to have a positive view of Geely’s outlook in the wake of the Lotus listing....
...I’m gonna wait and buy it at the bottom’,” said Stephen Dyer, partner and managing director at consultancy AlixPartners in Shanghai. “It actually slowed down sales when that happened.”...
...Beijing’s ambassador to Peru, Song Yang, has promoted the megaport enthusiastically, saying that “China is betting that Chancay will become Peru’s Shanghai”....
Strong sales increase pressure on US pioneer to keep crown as top seller of purely electric vehicles
...Last year, Suzhou, a city west of Shanghai, set up a trading platform to “co-ordinate the city’s computing resources”, according to its website....
...After getting into the chip production business, the company is now moving upstream, building a massive semiconductor equipment R&D centre in western Shanghai, Nikkei Asia’s Cheng Ting-Fang writes....
...At the end of last year six out of the top-selling EV models in China, the world’s largest car market, were BYD cars, according to Automobility, a Shanghai-based consultancy....
...Additional reporting by Wang Xueqiao in Shanghai and Hudson Lockett in Hong Kong...
Carmaker will invest $1.3bn in its sixth overseas factory as it aims to expand global footprint
...The CSI 300 index of Shanghai- and Shenzhen-listed stocks is down more than 8 per cent so far this year, while a widely anticipated consumer rebound from the end of Covid-19 restrictions in January has failed...
...Li’s company, which has offices in Hefei, near Shanghai, as well as in Silicon Valley, designs and sells EV chassis — known as skateboards....
...Macarthur paid $530mn to buy Jagex in 2020 from Shanghai Hongtou Network Technology....
...The country’s biggest chipmaker SMIC has put together new semiconductor production lines in Shanghai, according to two people familiar with the move, to mass produce the chips designed by technology giant...
...Last year China overtook Japan as the world’s biggest auto exporter, with data from Shanghai-based advisory firm Automobility showing Chinese auto exports have nearly quintupled since 2020 to approach 5mn...
...Thomas said she expected AlphaMissense to be used in healthcare as “a co-pilot for clinical scientists, flagging which variants they should be focusing on so that they can do their jobs more efficiently”...
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