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Hong Kong regaining status as premier IPO market

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…

Infineon revved up on NEV chip needs

Infineon Technologies AG sees abundant growth opportunities from China’s burgeoning development in new energy vehicles, humanoid robots and artificial intelligence, after the world’s top automotive chipmaker recorded a three-decade success story in the country, a senior executive said. Andreas Urschitz, a member of the management board and chief marketing officer of Infineon Technologies AG, said…

China and Russia: Cities building stronger ties

“The specialists from Moscow visit cities in China regularly, and learn from their practices in city management and governance,” said Aleksandra Voronova, counselor at the Moscow Center for International Cooperation, during the Global Mayors Dialogue · SCO Summit Cities event in Tianjin. She noted that, almost every week, Chinese delegations visit Moscow. In recent years,…

Experts call for building policy consensus on bold fiscal reforms

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…

Production in construction down by 1.7% in the euro area and by 1.3% in the EU

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Duration of working life averaged 37.2 years in 2024 

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BMW, Momenta to develop China-specific smart driving solution

Momenta has become BMW’s latest local partner as the German carmaker seeks to sharpen its competitive edge in the competitive Chinese market. [Photo provided to chinadaily.com.cn] BMW is stepping up its localization strategy in China’s fast-evolving intelligent driving market by partnering with local autonomous driving startup Momenta. The German carmaker announced on Tuesday that it…

Nvidia to resume H20 chip sales in China, unveils new compliant GPU

US semiconductor giant Nvidia announced Tuesday that it will resume sales of its H20 chips to China and has unveiled a new, fully compliant graphics processing unit (GPU) designed for the Chinese market. The news follows a series of visits this month by Nvidia founder and CEO Jensen Huang to both Washington and Beijing, where…

Businesses deepening regional integration

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…