Category: Shanghai News

China fines Alibaba, Tencent for failing to report past deals to anti-trust regulators

China’s market regulator said on Monday it will fine Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for ……


China stocks rise on hopes of policy support; Hong Kong dips

HK daily quota used 0.2% * FTSE China A50 +0.9% SHANGHAI, Dec 14 (Reuters) – China stocks started the week on a firm note due to hopes of more policy support to shore up the world’s second-largest ……


Hong Kong stocks drop after China fines Alibaba, Tencent-backed China Literature for antitrust breaches

Hong Kong stocks fell on Monday after China’s market regulator fined Alibaba Group Holding and Tencent Holdings-backed China Literature for breach of antitrust regulations. The Hang Seng Index ……


Hong Kong stocks end lower as China fines Alibaba, other tech giants

HK daily quota used 0% * HSI -0.4%, HSCE -0.1%, CSI300 +0.9% * FTSE China A50 +1.2% Dec 14 (Reuters) – Hong Kong stocks ended lower on Monday, weighed down by tech firms after China fined tech ……


China stocks rebound on policy support hopes

China stocks rebounded on Monday, underpinned by hopes of more policy support to shore up the world’s second-largest economy hit by the COVID-19 pandemic….


Hong Kong stocks fall after China fines Alibaba, Tencent-backed China Literature for antitrust breaches

Hong Kong stocks fell in the afternoon on Monday after China’s market regulator fined Alibaba Group Holding and Tencent Holdings-backed China Literature for breach of antitrust regulations. The Hang ……


Hong Kong and China markets boosted by progress on coronavirus vaccine front, edge up in early trading

Hong Kong and China markets eked out gains in early trading on Monday, boosted by progress on the coronavirus vaccine front in the United States and Hong Kong. The Hang Seng Index edged up 0.1 per ……


Peter Humphrey was once locked up in China. Now he advises other prisoners and their families how to take on Beijing

The former journalist has an intimate knowledge of the Chinese legal system, one he earned in perhaps the hardest way possible: by being locked up….


Australia’s allies US, UK, Canada and New Zealand consider fighting back against China’s trade war

New Zealand, Canada, the UK and the US could join forces with Australia and hit back to Beijing by imposing their own retaliatory sanctions on Chinese goods and produce….


China Molybdenum Pays $550 Million for Congo Ore Project Owner

China Molybdenum Co. Ltd. said it bought a 95% stake in a company which owns a copper cobalt ore project that will be developed in Congo. The company acquired the holdings in Phelps Dodge Congo ……