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China property sector gets $85 bn worth lifeline
State-owned banks have been asked to provide China property developers with a financing facility of $85 billion till the end of the year. ...
Asian financial markets end September on sour note
Asian financial markets are facing troubles due to a hawkish US Fed, rising inflation, and economic growth slowing in China....
Tencent’s fall from glory and outlook
Tencent stock price has fallen 64% in Hong Kong since a January 2021 peak, wiping $623 bn off the company's market value by September 2022....
NIO Inc. taking over Europe
Following the launch in Europe, NIO Inc. now plans to expand into the US market by the end of 2025....
Hong Kong CBDC trials to be launched soon
Pilot projects of the Hong Kong CBDC will explore suitable use cases for e-HKD....
CATL: The EV battery leader
China's CATL, the world's biggest EV battery maker, is on an expansion spree in China as well as overseas....