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The Latest Breaking News from Caixin Global

As central authorities cite scientific evidence for easing travel and testing rules, local officials worry about being held accountable for new outbreaks

Caixin Global

Shanghai Composite Index Rose 0.05% on Wednesday

Shenzhen Component Index closed up 0.18%

Caixin Global

Former Head of China Development Bank Branch Kicked Out of Communist Party

Fu Xiaodong, who was president of CDB’s Henan unit, accused of accepting bribes and turned over to prosecutors, graft busters say

Caixin Global

From analysis to the latest developments in health,
read the most diverse news in one place.

China Steps Up Timetable for Senior Vaccinations as Covid Cases Surge

The minimum period between the initial course of vaccines and the first booster shot for the elderly has been shortened to three months from six

Caixin Global

Kweichow Moutai to Splash $3.8 Billion in First-Ever Special Cash Dividend

China’s liquor giant said the first bonus to shareholders since it went public in 2001 is to ‘boost market confidence’

Caixin Global

Fisher: Don’t Let Today’s Volatility Scare You Away From Tomorrow’s Rebound

The biggest risks the stock investor have to contend with isn’t that share prices will fall further. It’s missing their chance to get in early on the next bull market

Caixin Global

Tsinghua University Considers Erecting On-Campus Quarantine Facility

The university administration said it is studying the idea before making a final decision, a student source says

Caixin Global

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Shanghai Composite Index Rose 2.31% on Tuesday

Shenzhen Component Index closed up 2.4%

Caixin Global

Former State-owned Assets Administration Chief Named Party Leader of Liaoning

Hao Peng, 62, becomes the third straight Communist Party secretary of the province with a background in military enterprises

Caixin Global

Editorial: China Law Against Unfair Competition Should Have Lofty Goals

Ideally, this latest draft revision should go beyond regulating businesses and also set rules for how the law is enforced

Caixin Global

Guangzhou Spares Home-Bound From Mass Covid Testing

The new rule applies to the elderly, students taking classes online, and people working remotely

Caixin Global

Cold Snap in Northwest China Leaves Livestock Trapped and Herdsmen Missing

Pandemic restrictions likely added to difficulties for herdsmen, Caixin has learned

Caixin Global

Northwest Region Appoints Youngest Provincial Leader in China

Shaanxi’s governor Zhao Yide has been chosen as the province’s new party secretary

Caixin Global

Shanghai Composite Index Fell 0.75% on Monday

Shenzhen Component Index closed down 0.69%

Caixin Global

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news in one place.

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Caixin Global

CSRC Suspends Huajin Securities’ Bond Underwriting for Three Months

Action follows special inspection this year of eight large securities firms’ investment banking businesses that found flaws in internal controls and security mechanisms

Caixin Global

Caixin Media Hits Paid Readership Milestone

Subscribers topped 900,000 in October, cementing the company’s position as the world’s largest subscription-based news outlet outside the U.K. and the U.S., Publisher Hu Shuli announces

Caixin Global

PBOC to Cut Banks’ Reserve Requirement Ratio to Support Economy

The 25 basis-point reduction, effective Dec. 5, follows a cut of the same magnitude in April, and will free up around $70 billion of cash for lending

Caixin Global

Official at China’s Cult-Buster Gets 14 Years for Taking $7.6 Million in Bribes

Peng Bo had confessed to taking advantage of his official positions to help people settle lawsuits, expand their internet businesses and deal with land transfer procedures

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Caixin Global

Apartment Fire Kills 10 in China’s Xinjiang

The blaze broke out on Thursday night in the regional capital Urumqi, state media reported

Caixin Global

Shanghai Composite Index Rose 0.4% on Friday

Shenzhen Component Index closed down 0.48%

Caixin Global

Weekly Must Read: China’s Halting Steps to Dial Back ‘Zero Covid’

As central authorities cite scientific evidence for easing travel and testing rules, local officials worry about being held accountable for new outbreaks

Caixin Global

Beijing Torques Up Battle Against Covid as Cases Climb

China’s capital records 1,611 new cases in a day amid its worst pandemic outbreak as residents call for a more sophisticated response

Caixin Global

Carmaker BYD to Hike Prices as Cost Pressure Mounts

Announcement comes as China is set to end subsidies for purchases of EVs and hybrid vehicles in 2023

Caixin Global

Shanghai Composite Index Fell 0.25% on Thursday

Shenzhen Component Index closed down 0.15%

Caixin Global

China Designates First Seven Investments for Personal Pension System

Consumers can buy into offerings from China Life, People’s Insurance, Taiping Life, Taiping Pension, Taikang Life and National Pension

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