Mutual fund management companies in China will be required to disclose long-term investment performance in periodic reports, rather than short-term returns, from May, as part of regulatory efforts to encourage value investing and strengthen investor protection. On Friday, the China Securities Regulatory Commission released revised rules on the content and format of periodic disclosure for…
DBS China has completed its first transition finance transaction, extending a 1.776-billion-yuan ($258 million) long-term factoring facility to CES International Financial Leasing Co Ltd, a subsidiary of China Eastern Airlines Holding Co Ltd, to support the aviation sector’s low-carbon transition. The deal marks DBS China’s first transition finance transaction aligned with the “Shanghai transition finance…
China’s efforts to expand domestic demand this year are expected to strengthen its role as a major engine of global growth, as policies from consumer trade-in programs to income growth initiatives aim to build a more robust consumer market, officials and economists said. The strategy, outlined in the Government Work Report, sends a clear signal:…
Murora, a Chinese AI-driven healthy lighting brand, unveiled its next-generation whole-home smart lighting solution at Light + Building 2026, a trade fair for lighting and building services technology held recently in Frankfurt. At the exhibition, the company presented two technologies — AI Voice Control and AI Self Adjusting Dimming — aimed at simplifying smart home…
China’s financing activity showed solid momentum at the start of 2026, with a steady expansion in financial aggregates and rising spending appetites among market players, official data showed on Friday. The country’s aggregate social financing — the total amount of financing to the real economy — reached 9.6 trillion yuan ($1.39 trillion) in the first…
Feng Yunduan (first left), chairman of DeepVein Holdings, says to visitors at the 2026 Appliance and Electronics World Expo, which got underway in Shanghai on March 12, that the deep integration of AI and mining is a key engine for promoting the upgrade of traditional mining industries. [Photo provided to chinadaily.com.cn] As the global mining…
Artificial intelligence is expected to boost efficiency, streamline decision-making and reshape the organizational structure of chip companies, while increasing demand for higher-skilled engineers, said Sun Yumin, an executive from Silergy. He made the remarks during a speech at the Hong Kong Web3 Festival while discussing the profound impact of AI on chip enterprises. Sun said…
The Hong Kong Special Administrative Region should reinforce its role as the world’s leading offshore renminbi hub to help advance the internationalization of the Chinese currency and support Beijing’s efforts of building a stronger financial system, Adam Kwok, a national political adviser, said. Kwok, a member of the National Committee of Chinese People’s Political Consultative…
An aerospace conference and exhibition to establish a premier industry platform for China’s commercial aerospace sector kicks off on March 12, 2026 in Shanghai. [Photo provided to chinadaily.com.cn] An aerospace conference and exhibition with an aim of establishing a premier industry platform for China’s commercial aerospace sector kicked off on Thursday in Shanghai. The event…
Executives and guests attend an event announcing the first China office of Almirall, S.A., a Barcelona-based global biopharmaceutical company, in Shanghai on Thursday. [Photo provided to chinadaily.com.cn] Almirall, S.A., a Barcelona-based global biopharmaceutical company dedicated to medical dermatology, inaugurated its first China office in Shanghai on Thursday, aiming to create additional opportunities for innovation in medical…