The Hale Company

April 14, 2024

Chinese business & finance

China’s stockbrokers suffer pay cuts as markets decline

...At Citic, the highest-paying company, the average employee earned Rmb797,000 ($110,000)....

April 7, 2024

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

News in-depthChinese economy

China’s consumers tighten belts even as prices fall

...In the north of Shanghai, an ecommerce company specialising in luxury goods said it was “no longer a sellers’ market”....

February 11, 2024

News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign

China leaves lending rates unchanged

...The one-year loan prime rate was left at 3.45 per cent. The five-year equivalent, which underpins mortgage lending, remained at 3.95 per cent....

April 22, 2024

Chinese business & finance

US business group says policy ‘inconsistency’ hurting China investment

...Stein said developments in US politics were also creating “greater complexity” for American companies in China. “The end result is companies are getting squeezed between the two governments,” he said....

April 23, 2024

IPOs

Hong Kong’s biggest IPO of 2024 flops

...“They don’t have a tendency or loyalty to any one of the companies. They can buy their bubble tea or lemon tea from this company today and the other company tomorrow.”...

April 23, 2024

FT Live

The Global Boardroom: 8th Edition

FT journalists in conversation with leaders in business and government

BNP Paribas SA

BNP Paribas gets green light for fully owned Chinese securities venture

...It pulled out of that set-up, selling its 33 per cent stake to Changjiang, over what people close to the company said at the time were disagreements over strategy and appointments....

April 15, 2024

Inside BusinessThomas Hale

Manufacturers need to face up to new wave of Chinese competition

...“The minute we got back . . . we’ve been absolutely swamped with conversations and meetings.” thomas.hale@ft.com...

April 16, 2024

News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar

China’s capital markets activity falls to multi-decade lows

...Chinese companies have raised just $6.4bn in mainland IPOs, follow-on and convertible share offerings so far this year — the lowest level on record, according to Dealogic data....

April 14, 2024

News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook

China’s Vanke shares drop after announcing halving of profits

...Shares of Chinese property developer Vanke dropped 11 per cent as trading resumed in Hong Kong, after the state-linked company last week disclosed its profits halved in 2023....

April 2, 2024

China Vanke Co Ltd

China’s Vanke vows to cut debt by $14bn as property woes mount

...The company’s net income fell 46 per cent to Rmb12.2bn ($1.69bn) last year, the state-linked company said in an exchange filing late on Thursday....

March 29, 2024

Chinese economy

China’s industrial production jumps

...But she pointed to the economy’s “underlying structural challenges”, a reference to the reliance on the property sector for economic activity....

March 18, 2024

News in-depthChinese business & finance

China’s bubble tea brands look to create a stir overseas

...Mainland companies, under pressure to compete with new ideas, have “taken the category to the next level”. “It’s not just milk tea any more,” he said....

April 16, 2024

Transcript

Transcript: China’s not so Evergrande

...Thomas Hale So a Hong Kong court has ruled that Evergrande, or at least its holding company in Hong Kong, should be liquidated....

January 30, 2024

Apple Inc

Tim Cook praises China’s ‘critical’ role in Apple’s business

...Local head Isabel Ge Mahe said the company was “proud to deepen our roots in China and expand our world-class facilities here”....

March 21, 2024

FT Live

Infrastructure Investment in Latin America and the Caribbean

Identifying opportunities for investors and asset managers

Chinese business & finance

Chinese state-owned bank seeks liquidation of property developer Shimao

...The company had failed to work out a restructuring agreement with offshore creditors....

April 8, 2024

Art Basel Hong Kong 2024

Filmmaker Yang Fudong likes to paint with his camera

...(The film will be shown in the gallery’s cinema with its soundtrack, but the version projected on to the M+ building will be silent against the backdrop of the city.)...

March 23, 2024

News in-depthChina Vanke Co Ltd

State-linked Vanke is latest Chinese developer hit by confidence crisis

...“We are one of the few companies that can still rely on its own creditworthiness,” said state-linked China Vanke, the second-largest homebuilder in the country last year....

March 15, 2024

News in-depthChinese economy

China warns west of ‘survival of the fittest’ as manufacturing boosts economy

...Focusing on high-end production of electric vehicles, solar panels and batteries, the government is rolling out domestic subsidy programmes for companies to upgrade their equipment and for consumers to buy...

April 17, 2024

News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’

Evergrande and founder fined for falsifying reports and fraudulent bond issuance

...Evergrande is the world’s most indebted property company with some $340bn of liabilities....

March 18, 2024

Chinese economy

China’s economic growth hits 5.3%

...“Generally speaking, the national economy got off to a good start in the first quarter . . . laying a good foundation for . . . the whole year,” the National Bureau of Statistics said....

April 16, 2024

Evergrande Real Estate Group

Chinese authorities accuse Evergrande of inflating revenues by $80bn

...PwC, the auditors of the company’s accounts in Hong Kong, resigned the same year and is the subject of an investigation by Hong Kong’s audit regulator....

March 18, 2024

China Vanke Co Ltd

Chinese developer Vanke in spotlight after Moody’s downgrade

...It said it expected the company’s “credit metrics, financial flexibility and liquidity buffer” to weaken over the next 12 to 18 months....

March 12, 2024

Country Garden Holdings Co Ltd

Chinese developer Country Garden hit by winding-up petition

...The company’s international bonds have lost almost all of their value....

February 28, 2024

News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’

Chinese industrial activity expands as real estate extends slowdown

...China’s industrial activity beat market expectations at the start of the year, offering a boost to policymakers as they struggle to counter a two-year property slowdown that continues to weigh on the world...

March 18, 2024

Search Results

Viewing results 1‒25 of 575537

Viewing results 1‒25 of 575537

Related links