By Clare Jim, Ziyi Tang, Kane Wu HONG KONG (Reuters) -After numerous measures to resolve a liquidity crisis in the property market in recent years, Beijing is expected to end up dusting off an old playbook and step in directly to stabilise a state-backed developer seen as a bellwether for the sector.
Dustin Madison, a father from Illinois, US, moved to Shenzhen with his family two years ago and was pleasantly surprised by the city's child-friendly environment. Despite media misconceptions, the family found Shenzhen's thoughtfully designed infrastructure to be ideal for raising children. Dustin highlights interactive and educational spaces, such as science labs, which provide engaging learning opportunities for his son. The Madison family appreciates Shenzhen's unique blend of culture and innovation, making it an excellent place for families to grow and thrive. Their experience reflects Shenzhen's commitment to weaving child-friendly concepts into its urban landscape.
Chinese officials are taking steps to stabilize operations at China Vanke Co. after deepening liquidity stress and questions surrounding the whereabouts of its top executive triggered turmoil for its bonds and shares last week,
Siemens Healthineers, a German health technology company, has begun construction on a new manufacturing and research facility in South
Siemens Healthineers, a medical device company based in Germany and a subsidiary of the multinational conglomerate Siemens, broke ground on its new research and development (R&D), and manufacturing facility in Shenzhen, Guangdong province, China. The company has invested approximately $136.5m (over CNY 1 billion) in the new facility.
Yesterday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following President Trump and President Xi’s Friday phone call that took place after Asia markets closed and before the US markets opened.
Named after the city in which the company is headquartered, the BYD Shenzhen recently undocked from Yangzhou port, northwest of Shanghai.
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been temporarily detained, deepening concerns about China's embattled property sector.
China’s economy grew at its fastest clip in more than a year in the fourth quarter of 2024, buoyed by strong exports and a flurry of stimulus measures aimed at reversing a months-long downward slide.
NVIDIA CEO Jensen Huang recently visited China, making stops in Beijing, Shenzhen, and Shanghai to celebrate Lunar New Year with local employees. The
According to official data, the deal set a new record for the highest total price for land transactions in Shenzhen, although only two bidders registered to participate in the auction for the land better known as plot T107-0107 in Nanshan district.
Nvidia CEO Jensen Huang made a low-key visit to China, as he conveyed the company's commitment to one of its largest markets amid heightened US export restrictions on advanced chips. While Santa Clara,