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Beginning of a slow but sure recovery

An investor checks stock prices at a brokerage in Fuyang, Anhui province. [Photo by Lu Qijian/For China Daily] “Garbage time of history” has somehow become the catch phrase among Chinese A-share investors lately. Bearing a similar connotation to the metaphor of “chicken ribs “more familiar to most Chinese, indicating the doldrums in the stock market…

Hong Kong stocks rally to nearly 2-year high on stimulus tailwind

Pedestrians pass an electronic board showing Hong Kong’s Hang Seng Index in Tsim Sha Tsui on Wednesday. The index has soared in the past six days to reach a 20-month high.[ANDY CHONG/CHINA DAILY] Hong Kong stocks surged for a sixth day on Wednesday, amid growing optimism that Beijing’s sweeping stimulus package could reboot the world’s…

LEGO confident in growth in China

LEGO Group is confident in future growth in China. [Photo provided to chinadaily.com.cn] The LEGO Group, known for its brick sets, remains optimistic about its long-term growth in the Chinese market, focusing on innovation and local relevance. CEO Niels B. Christiansen reaffirmed the group’s commitment to continued investment in the market during a recent trip…

Black Myth: Wukong has global gamers abuzz

A view of Chinese video game Black Myth: Wukong’s booth during the China International Fair for Trade in Services in Beijing in September. YAN XIANG/FOR CHINA DAILY In a year marked by innovation, the Chinese video game Black Myth: Wukong has become a sensation, captivating gamers worldwide. Just three days post-launch, it sold over 10 million…

US-based Moloco riding Chinese firms’ energetic overseas expansion

Visitors gather at Moloco Inc’s booth during a digital entertainment expo in Shanghai in July 2023. CHINA DAILY As the global landscape evolves, an increasing number of Chinese companies are pursuing markets overseas, driven by new opportunities in emerging fields and markets. Moloco Inc, a United States-based company that offers machine learning-based advertising solutions, is optimistic…

China, US commerce ministers to discuss economic and trade issues soon

[Photo/IC] China’s minister of commerce will hold a phone conversation with his US counterpart soon to discuss in-depth economic and trade issues of mutual concern between the two countries, CCTV News reported on Tuesday. The conversation, which serves as a regular mechanism of dialogue between the two commerce departments, will include issues such as the…

Robotics show held in Shanghai

The Robotics Show of the China International Industry Fair was held in Shanghai from Sept 24 to 28. Over 350 domestic and foreign brands and over 300 newly launched products were displayed as a humanoid robot zone was set up. Click the video and learn more. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Tesla Shanghai surpasses 1 million EV exports

Tesla Model 3 vehicles, arranged to form “1M”, ready for export at Shanghai’s Nangang Port on Sept 28. [Photo provided to chinadaily.com.cn] Tesla’s Shanghai Gigafactory achieved a new milestone on Sept 28, surpassing one million global exports of electric vehicles. The achievement was marked by a shipment of Model 3 vehicles departing from Shanghai’s Nangang…