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Sunac China Shares Fall Sharply

China's Shimao Group receives liquidation petition

China's Shimao Group said on Friday CPYM Link Investment Limited had filed a liquidation petition against the company in the Hong Kong high court regarding a 258 million yuan ($35.19 million) cross-border loan guarantee provided by the property developer.

Business Insider · 11h

Sunac China Holdings Faces Winding-Up Petition

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MarketWatch · 11h

Sunac China Shares Fall Sharply After Receiving Winding-Up Petition

Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to 1.33 Hong Kong dollars,

Reuters on MSN · 10h

Sunac China shares, bonds sink after liquidation petition filed against developer

By Clare Jim HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed against the property developer, adding to concerns over its business recovery and repayment ability despite an offshore debt restructuring in 2023.

Bloomberg L.P. · 1d

Developer Sunac China Receives Liquidation Petition in Hong Kong

Defaulted builder Sunac China Holdings Ltd. has received a liquidation petition in Hong Kong, according to the city’s judiciary website.

China, Central Bank and treasury bond

Hosted on MSN · 5h

China's central bank halts bond buying as yuan struggles

China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been sliding since the election of Donald Trump as U.

The New York Times · 6h

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.

Wall Street Journal · 7h

China's Central Bank Pauses Bond Purchases

China’s central bank has hit pause on government-bond purchases, citing excess demand. The People's Bank of China has already moved to support the country's flagging currency, through sett

China, Human Metapneumovirus

Reuters · 1d

Fact Check: Human metapneumovirus in China is not ‘new,’ no state of emergency declared

A recent increase in cases of the human metapneumovirus (hMPV) in China has been misrepresented on social media as evidence of a new virus spreading in the country with some posts claiming it prompted China to declare a state of emergency.

El Mundo on MSN · 1d

Human Metapneumovirus that raises alarms: should we really worry about the virus spreading in China?

The increase in cases of this pathogen in China resurrects old fears. Experts include it in the package of known winter viruses. China has done it again. The announcement of an increase in cases of human metapneumovirus (HMPV) has raised alarms,

Daily Wrap on MSN · 2d

Metapneumovirus surge in China prompts EU vigilance

During a conference in Brussels on Wednesday, European Commission spokesperson Eva Hrnčířová addressed media reports concerning the situation in China. She highlighted the rise in metapneumovirus infections in the region but emphasized that,

Rachel Reeves told to cancel China trip

Yahoo · 6h

Cabinet minister defends Rachel Reeves trip to China during economic crisis

The value of the pound fell to its lowest level in over a year while UK borrowing costs jumped to their highest since the financial crisis

BBC · 12h

Reeves' China trip defended after borrowing cost nerves

It is "absolutely right" that Chancellor Rachel Reeves' trip to China goes ahead as planned, a cabinet colleague has said. Opposition parties had called for Reeves to cancel the three-day visit, aimed to boost trade and economic ties,

GB News on MSN · 23h

Rachel Reeves told to cancel China trip as Britain's market meltdown could trigger '1976 level crisis'

Rachel Reeves faces mounting pressure to cancel her trip to China as Britain grapples with a market crisis that has pushed Government borrowing costs to their highest level since the 2008 financial crash.

Tesla is launching a refreshed Model Y in China

Business Insider on MSN · 4h

Tesla is launching a refreshed Model Y in China as it takes on local rivals

Tesla has launched an updated version of its most successful car — but you can't order it in the US yet. The Elon Musk-run automaker unveiled a long-rumored refresh of the Model Y on Friday, with deliveries set to begin in China in March as the company fights off fierce competition from local EV rivals.

Reuters · 7h

Tesla launches redesigned Model Y in Asia, seeking to fend off rivals

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .

The Financial Times · 10h

Tesla debuts major model update in China for first time

Tesla has taken the unprecedented step of debuting a major model update in China as the US electric-car maker counters intense local competition with a long-awaited facelift of its Model Y. The refreshed version of the model that outsells its S,

6hon MSN

China's Economy Faces Disaster as Population Ages

A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.

China Evergrande ordered to repay its property unit $1.8 bln worth deposit pledges

China's Evergrande Property Services Group said on Friday a Guangzhou city court has ordered its parent China Evergrande to ...

Interesting Engineering on MSN21h

China’s new EV battery charges 80% in 8.5 minutes, packs 185 Wh/kg energy punch

Svolt Energy unveils the Fengxing Short Blade Battery, recharging 10-80 percent in 8.5 minutes with 6C tech and 185 Wh/kg ...

1don MSN

How China Is Advancing in AI Despite U.S. Chip Restrictions

It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned ...

1don MSN

China's bond market is signaling worry over a possible decades-long economic downturn

China's bond yields have plunged to all-time lows in recent weeks, drawing parallels to Japan's "lost decades," a long period ...

2don MSN

Rising HMPV cases in China are ‘what we would expect to see’ in winter, health officials say

As China experiences a rise in respiratory infections this winter, one little-known virus has gotten a lot of attention – and ...

2don MSN

Here are some of China’s New Year resolutions to boost its economy

China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump ...

1don MSN

China Makes More Cars Than It Needs. Now, It’s Shakeout Time.

An “elimination round” is likely to cull weaker players in a market dominated by EVs and plug-in hybrids. Among the early ...

1don MSN

China bets on kitchen appliances to boost economy

China's top economic planning body has said the schemes, which were launched in March, have already produced "visible effects ...

China warns citizens of telecom fraud after reports of scams in Myanmar

China's embassy in Myanmar on Friday urged Chinese nationals to be vigilant against telecom and online fraud after multiple ...

9hon MSN

AI Chip Curbs Trigger Rare Public Fight: Tech Giants vs. China Hawks

Behind the clash is a new Biden administration effort to block China’s access to sensitive technologies.

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Sunac China Shares Fall Sharply

China, Central Bank and treasury bond

China, Human Metapneumovirus

Rachel Reeves told to cancel China trip

Tesla is launching a refreshed Model Y in China

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