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Guangzhou

Zhang Kun, China’s biggest money manager, issues stock valuation warning, says days of fast economic growth are gone

by Anas Siddiqui
Zhang Kun, China’s biggest money manager, issues stock valuation warning, says days of fast economic growth are gone

Investors should exercise more caution when it comes to the valuations of Chinese stocks, as corporate earnings growth is set to slow because of Beijing’s pursuit of high-quality economic growth, …

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China’s EV sector a live wire for US, with war of words over excess capacity casting shadow over Janet Yellen visit

by Anas Siddiqui
China’s EV sector a live wire for US, with war of words over excess capacity casting shadow over Janet Yellen visit

United States Treasury Secretary Janet Yellen is expected to consult American companies on China’s industrial overcapacity, particularly in solar power and electric vehicles (EVs), at a planned meeting during her …

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BYD’s annual earnings surge 81% to all-time high on record EV deliveries, warns of weak consumer demand and global headwinds

by Anas Siddiqui
BYD’s annual earnings surge 81% to all-time high on record EV deliveries, warns of weak consumer demand and global headwinds

The Shenzhen-based carmaker, which counts Warren Buffett’s Berkshire Hathaway among its shareholders, said revenue climbed 42 per cent to 602.3 billion yuan in 2023 following record deliveries of new energy …

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China’s ‘low-altitude economy’ on the rise as southern city named focal point

by Ron Morgan
China’s ‘low-altitude economy’ on the rise as southern city named focal point

China has designated the capital city of Guangdong province, its economic powerhouse in the south, as the nexus of its unmanned equipment industry – a part of broader efforts to …

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Chinese flying taxi maker EHang sells autonomous passenger drone for US$332,000 on Taobao as nation’s low-altitude economy takes off

by Anas Siddiqui
Chinese flying taxi maker EHang sells autonomous passenger drone for US2,000 on Taobao as nation’s low-altitude economy takes off

The ambitious domestic and international marketing campaigns show EHang’s confidence in generating strong market demand, months after its self-developed EH216-S became the world’s first recipient of a Type Certificate and …

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Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

by Anas Siddiqui
Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

Property markets in China’s Greater Bay Area will see an uptick in 2024, as businesses and communities find synergies within the 11-city economic powerhouse which has a GDP of US$2 …

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China property: Suzhou, Shanghai and Guangzhou ease home-buying restrictions as policy support gathers pace

by Anas Siddiqui
China property: Suzhou, Shanghai and Guangzhou ease home-buying restrictions as policy support gathers pace

China’s measures to boost the nation’s troubled housing market are trickling down to the provincial and city levels, with more cities relaxing curbs to buy property. Suzhou, Shanghai and Guangzhou …

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Tencent’s e-commerce drive takes off in 2023 on the back of super app WeChat’s short video and live streaming function

by Anas Siddiqui
Tencent’s e-commerce drive takes off in 2023 on the back of super app WeChat’s short video and live streaming function

WeChat’s short video and live streaming function enabled the platform to record nearly triple gross merchandise volume (GMV) in 2023, according to information released on Thursday during the app’s annual …

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What India can learn from China about cleaning up its ‘constant’ filthy air problem

by Walter Watson
What India can learn from China about cleaning up its ‘constant’ filthy air problem

India’s pollution crisis is conspicuously absent from its climate and environmental ambitions, both on the world stage and at home. It also remains far from the top of the agenda …

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Chinese flying taxi maker EHang rejects US short seller’s fraud accusations over firm’s 1,300-unit pre-orders

by Anas Siddiqui
Chinese flying taxi maker EHang rejects US short seller’s fraud accusations over firm’s 1,300-unit pre-orders

Chinese flying taxi maker EHang Holdings has rejected allegations of fraud levelled against it by US short seller Hindenburg Research, which claimed in a report that the Guangzhou-based company was …

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