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China Vanke's CEO, chairman resign
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity deepen.
China Vanke’s Chairman and CEO to Resign From Roles
Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange on Monday. He will remain as a director of the com
Chinese Property Giant Vanke Warns Of Huge Loss, CEO Resigns
Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons".
China Vanke's CEO, chairman resign amid growing liquidity worries
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity deadlines this year.
China Vanke's top executives resign from property developer
Top executives at China Vanke Co., a leading property developer, have announced their resignations, according to a filing with the Hong Kong stock exchange on Monday.
China's DeepSeek Showcases Tech Advance
China's DeepSeek sparks AI market rout
Technology shares around the world slid on Monday as a surge in popularity of a Chinese discount artificial intelligence model shook investors' faith in the AI sector's voracious demand for high-tech chips.
China's DeepSeek Showcases Tech Advance Despite US Curbs
China's DeepSeek has taken the world by surprise with its powerful model, showcasing advances in the nation's AI technology despite US restrictions. Its latest R-1 reasoning model has impressed users with how close the technology has caught up with those of US pioneers like OpenAI.
Nasdaq Futures slump as China’s DeepSeek sparks US tech concern
US stock index futures tumbled in early Asian trading hours Monday amid concerns that an artificial intelligence model from China’s DeepSeek may disrupt the tech market. S&P 500 futures fell as much as 1 per cent as of 10:12 am in Hong Kong,
China, manufacturing activity
China's factory activity contracts in January for the first time in 4 months
China's most important festival, this year public holidays will begin Tuesday and continue until Feb. 4. Millions of Chinese leave the cities to travel back home for a rare break
China Jan manufacturing activity unexpectedly contracts, hits five-month low
China's manufacturing activity unexpectedly contracted in January, an official factory survey showed on Monday, its weakest since August, keeping alive calls for stimulus in the world's second-largest economy.
China Manufacturing Activity Contracts For First Time In Four Months
China's manufacturing activity shrank in January for the first time in four months, official data showed Monday, as Beijing struggles to sustain the recovery of the world's second-largest economy.
33m
on MSN
DBS raises stake in China's Shenzhen Rural Commercial Bank to over 19%
Singapore's DBS Group said on Monday it acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB) for 1.60 ...
1h
In China, Government Data on Drugs Blocked From Public After Backlash
Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the ...
11h
on MSN
China is more in love with its pandas than ever. That’s complicated matters for Beijing
China’s successful rebranding of the giant panda has created an unexpected challenge for Beijing, as it aims to balance its ...
9h
China hands death sentence to man who killed Japanese boy
A Chinese man has been sentenced to death for fatally stabbing a 10-year-old Japanese schoolboy, in a case that sparked ...
7h
China’s Large and Mysterious Dam Project Is Alarming Neighbors and Experts
The hydropower dam, in quake-prone Tibet, is set to be the world’s biggest. But China has said little about the project, ...
3h
Nasdaq futures tumble as China's AI push rattles Big Tech
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial ...
3h
China detains suspect in human trafficking cases linked to online scam networks in Myanmar
Chinese authorities have detained a key suspect in human trafficking cases linked to online scam networks in Myanmar ...
1h
Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT ...
4h
on MSN
Silicon Valley Is Raving About a Made-in-China AI Model
DeepSeek is called “amazing and impressive” despite working with less-advanced chips.
1h
on MSN
Chinese Military Confronts US Ally in South China Sea
An expert told Newsweek China is hostile due to frustration at the presence of the U.S. Typhon missile system in the Philippines.
1h
on MSN
China 'teapot' refiners halt plants as new fuel tax bites, sources say
Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance ...
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