The State Council released an action plan to promote large-scale equipment renewals and trade-ins of consumer goods, according to a circular issued on March 13. By 2027, the investment scale of equipment in industries, agriculture,… Read more
On the afternoon of February 27, Xinhua Insurance (601336.SH) held the first interim shareholders’ meeting for the year 2024 to deliberate and approve the proposal to apply for investment in a pilot fund. At the… Read more
On February 26, former wife of Evergrande Group’s founder Xu Jiayin, Ding Yumei, filed an appeal in the Hong Kong High Court, seeking over HKD 1 billion from Xu Jiayin’s son, Xu Tenghe. The Hong… Read more
Alibaba announced that its board has approved an increase of $25 billion in its share buyback program, extending its validity until the end of March 2027. Read more
Shanghai, along with nine other cities in the Yangtze River Delta, collaboratively established the first national satellite internet industry cluster. The goal is to create the “G60 Starlink,” a low-earth orbit broadband multimedia satellite network… Read more
On January 29th, Geely Group’s Farizon New Energy Commercial Vehicle Group announced the completion of its first round of financing for Chunqing Technology, a subsidiary specializing in remote new energy vehicles. The company has attracted… Read more
Currently, there are four car manufacturers in the Huawei Hongmeng Intelligent Travel Alliance, including Saic Group, Chery Automobile, Beiqi Blue Valley, and JAC Motors. Read more
The State-owned Assets Supervision and Administration Commission (SASAC) announces the full-scale rollout of market value management assessment for listed companies, building on earlier pilot programs and accumulated experience. Emphasizing a balanced approach to process and… Read more
including the suspension of restricted shares lending and changes to the declaration of pledged securities for margin trading. Read more
The fund’s infrastructure assets include several international research and innovation industrial parks. Read more