Business News
Latest business news and updates
Total: 2054
Li Auto Defies Wall Street Slump as $1 Billion Buyback Signals Confidence Amid Global Volatility
Major US indices opened lower on Tuesday as geopolitical uncertainty and volatile oil prices weighed on investor sentiment. However, Chinese EV maker Li Auto bucked the trend, rising 2% on the back of a $1 billion share repurchase plan, signaling a shift toward protecting shareholder value amidst a broader market correction.
The Vanishing Bridge: Prominent HKEX Economist Ba Shusong Caught in Beijing’s Opaque Dragnet
Ba Shusong, a leading economist and former HKEX executive who served as a critical link between Hong Kong and mainland markets, has reportedly been detained by Chinese authorities. His disappearance underscores the deepening reach of Beijing’s financial sector crackdown and the rising risks for high-profile intermediaries.
Beijing Navigates a Strategic Trifecta: Financial Purges, Data Ambitions, and Demographic Realities
China is balancing a high-level financial corruption probe with aggressive new policies for a national data market and a 12.09 billion RMB subsidy for elderly care. Market liquidity remains a priority with a massive 500 billion RMB MLF injection, even as tech giants like Meituan and ByteDance face scrutiny and competitive pressures.
Beijing’s Charm Offensive: Commerce Minister Reassures US Business Leaders Amidst Shifting Geopolitics
Chinese Commerce Minister Wang Wentao met with leaders of the US-China Business Council to reinforce trade as a stabilizing force in bilateral relations. The meeting focused on China's commitment to high-level opening and the long-term opportunities presented by the upcoming 15th Five-Year Plan.
China’s Equity Markets Stage Resilient Recovery as Strategic Sectors Power Broad Gains
Chinese markets saw a major rebound on Tuesday, led by a 1.78% gain in the Shanghai Composite and a surge in over 5,100 stocks. Strategic sectors like green energy and defense powered the recovery, even as oil and gas stocks lagged due to falling global energy prices.
The Hormuz Seesaw: Trump’s Twitter Diplomacy and the New Logic of Market Volatility
A sudden announcement by President Trump regarding a pause in military strikes against Iran triggered a massive reversal in global markets, causing oil prices to crash while gold behaved erratically. Despite Iranian denials of any negotiations, the move provided a temporary floor for global equities after a devastating 'Black Monday' sell-off in Asia.
Taxing Times: China’s Quest to Rebalance Its Fiscal Architecture
China is renewing its decade-long push to increase the proportion of direct taxes as part of the 15th Five-Year Plan to foster a consumption-led economy. Despite the strategic necessity of reducing reliance on regressive indirect taxes like VAT, the transition faces significant hurdles due to fiscal dependence, administrative challenges, and a sensitive real estate market.
The Rare Earth Zero-Hour: Global Industry Races Against China’s Tightening Grip
As China enforces unprecedented export controls on rare earth elements and processing technologies, global industries—particularly automotive—face a critical shortage. Despite efforts by the U.S. and Japan to build alternative supply chains, China's dominance in the refining and magnet sectors creates a 'chokepoint' that could take over a decade to bypass.
Power and Precision: China’s Equity Markets Stage a Strategic Comeback as Tech and Energy Surge
China’s A-share markets experienced a widespread rebound, with the Shanghai Composite gaining 1.78% and the tech-focused STAR Market surging over 3%. The rally was driven by an explosive performance in the energy and defense sectors, reflecting an investor focus on national industrial goals.
Losing the Fizz: Why Carlsberg’s Chinese Growth Engine is Stalling
Chongqing Brewery, the Chinese flagship for Carlsberg, has dropped to fifth place among China's top brewers as core operating profits decline despite a headline increase in net income. The company is now pivoting toward a 1-liter premium bottle strategy to combat a saturated market and a revitalized challenge from domestic rival Yanjing Brewery.
Fuelling the Future? A Chinese Oil Retailer’s High-Stakes Pivot to Semiconductors
Struggling oil retailer Heshun Petroleum is acquiring a 51.1% controlling stake in semiconductor IP firm Kuixin Technology for 540 million RMB. The move marks a desperate strategic shift to leverage China's semiconductor 'domestic substitution' trend as Heshun's core gas station business faces mounting losses.
Blood and Beauty: Boya Bio’s Aesthetics Misadventure Triggers 70% Profit Plunge
Boya Bio-Pharmaceutical saw its 2025 net profits crash by over 70% due to a massive impairment in its acquired medical aesthetics business and regulatory headwinds in the blood products market. The crisis is compounded by the sudden resignation of its CEO after only nine months, signaling deeper governance and strategic integration issues.