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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's central bank halts bond buying

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

HMPV, China

CBS News on MSN · 2d

What is the HMPV virus in China? The human metapneumovirus and its symptoms, explained.

The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.

USA TODAY on MSN · 1d

What is HMPV? Here's what you need to know as virus cases tick up in China, US

As cases of the HMPV virus continue to increase in the U.S. and in China, here's what you need to know about the virus.

The Week US on MSN · 1d

HMPV is spreading in China but there's no need to worry

HMPV is a respiratory virus that regularly circulates during cold and flu season. It is spread through coughing, sneezing and coming into contact with contaminated s

Tesla debuts major model update 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 on MSN · 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,

China, He Lifeng and UK Treasury

Houston Chronicle · 6h

UK Treasury chief heading to China to revive suspended economic and financial talks

The Treasury said Friday that Rachel Reeves will travel to Beijing and Shanghai and will meet with her Chinese government counterpart, Vice Premier He Lifeng. Reeves' trip is expected to revive the China-U.

Seeking Alpha on MSN · 3h

UK Treasury chief heading to China to revive strained ties

Britain's Chancellor Rachel Reeves is heading to China this weekend to revive the China-UK Economic and Financial Dialogue—annual bilateral talks suspended since 2019 due to the pandemic and deteriorating relations.

Bloomberg on MSN · 7h

UK Economy: Reeves Heads to China Amid Markets Upheaval

Chancellor of the Exchequer Rachel Reeves will become the most senior British official to visit Beijing in 7 years this weekend as she embarks on a mission to deepen economic ties with China. The trip takes place with UK markets in a state of upheaval,

5hon 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 ...

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 ...

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 ...

1don MSN

US special operators are going back to their 'roots' with an eye on China and Russia, senior Pentagon official says

After decades of counterterrorism, special operators are shifting back to supporting the joint force as the US faces powerful ...

China’s Biggest-Ever Bid for Foreign Tourists Is Falling Flat

The billions of dollars in spending that an unprecedented lifting of visa requirements could have brought simply hasn’t ...

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 ...

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Sunac China Shares Fall Sharply

China's central bank halts bond buying

HMPV, China

Tesla debuts major model update in China

China, He Lifeng and UK Treasury

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