Hong Kong’s initial public offering market is gaining depth and dynamism and reinforcing its role as a premier global listing venue, with abundant liquidity, attractive valuations and market reforms contributing to the resurgence of IPO activities, global auditing firms and investment managers said. The Hong Kong bourse gained 18 percent in 2024 and has risen…
The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] It is time to build a policy consensus on China’s space for bold fiscal expansion, leveraging it for deep reforms aimed at improving social welfare and accelerating the country’s much-anticipated economic rebalancing, according to leading economists and policy advisers at top think tanks. Li…
A visitor looks at a BYD e-Platform 3.0 during the 45th Bangkok International Motor Show in the capital of Thailand on March 27. WANG TENG/XINHUA Chinese companies are ramping up investment into Southeast Asia and accelerating digital and green upgrades at home, in order to benefit from the reorganization of global supply chains amid geopolitical…
Employees work on the production line of Nanjing Sciyon Wisdom Technology Group in Nanjing, Jiangsu province, in October 2020. FANG DONGXU/FOR CHINA DAILY BEIJING — China’s national economic development zones are set to play a bigger role in incubating industrial and technological innovation thanks to the unveiling of a set of policy measures designed to boost…
A view of high-speed trains at the China National Railway Test Center in Beijing on July 9. ZOU HONG/CHINA DAILY BEIJING — China’s fast-evolving high-speed rail technology is not only reshaping domestic mobility, but also playing an increasingly significant role in enhancing global connectivity and driving infrastructure development, experts said at the 12th World Congress on…
China’s financing activity maintained steady momentum in the first half with further improvements in June, pointing to recovering market confidence as monetary easing takes effect, said the People’s Bank of China, the country’s central bank, on Monday. With uncertainties and challenges still lingering at home and abroad, officials and experts said that the PBOC would…
A diversified funding mechanism is needed to support China’s accelerating urban renewal efforts, as such projects typically involve sizable investments and extended timelines, with government financing and private investment working in tandem, experts have said. By the end of 2024, China’s urbanization rate reached 67 percent, with 943.5 million people living in urban areas, according…
A container vessel docks at a terminal for cargo unloading on Monday at Lianyungang Port in Jiangsu province. GENG YUHE / FOR CHINA DAILY China’s broad and balanced network of trading partners, innovative product offerings and resilient manufacturers will reinforce the country’s confidence and capacity to navigate global trade challenges in the second half of…
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China’s financing activity maintained steady momentum in the first half of the year, with further improvements seen in June, indicating a recovery in market confidence, official data showed on Monday. The country’s aggregate social financing — the total amount of financing to the real economy — reached 22.83 trillion yuan ($3.18 trillion) in the first…