The rise in the group's stock was prompted by the company's proposed buyback of $400 million worth of shares.
The policy, driven from the top by Chinese leader Xi Jinping, has resulted in pay cuts and delayed bonuses for staff of state-owned lenders such as CICC and Citic Securities
Many luxury brands from the West suffered a drop in sales in China from mid-March due to store closures and restrictions on movement, but sales are now rebounding
Representative Jerrold Nadler, chair of the House judiciary committee, said that "three hostile foreign actors" had attacked the courts' document filing system
China’s Communist party leaders say they will be concentrating their efforts on finding the ‘best possible' results instead of growth this year
With billionaire Ma giving up control of Ant, any potential revival of its IPO may be pushed back by a year or more, the WSJ reported.
UK National Security Adviser Sir Stephen Lovegrove says there is an absence of safeguards to prevent nuclear war, particularly with China.
Covid lockdowns in the second quarter hit retail sales and China's economy grew just 0.4% compared to market expectations of at least double that, analyst Ivan Lam said
Many investment funds have taken a hit from China's property sector meltdown, which was made worse by the Covid lockdowns in major cities in the second quarter
The firm seems to think its biggest public perception problem is that it's from China, according to the trove of material accessed by Gizmodo
The People's Bank of China will initially issue about 200 billion yuan of low-interest loans, charging about 1.75% a year, to state commercial banks
The real estate group, struggling under about $300 billion of debt, bought the Wan Chai tower for HK$12.5 billion ($1.6 billion) seven years ago