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DARK SECRETS: 55 | Rare Historical Photos

Xi Meets Putin in First State Visit Since Russia-Ukraine War

In three-day trip, Chinese president is expected to discuss proposals for resolving the war while further developing links with Russia

Caixin Global

Opinion: What China Can Learn From SVB’s Collapse

The U.S. response to Silicon Valley Bank’s failure can offer valuable insights to China’s banking industry, an economist says

Caixin Global

Editorial: Openness and the Private Sector — Charting a Path Forward

A shift to development model that focuses on quality requires a renewed emphasis on technological innovation, the establishment of modern industrial systems, and the pursuit of sustainable, eco-friendly growth

Caixin Global

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Shanghai Composite Index Fell 0.48% on Monday

Shenzhen Component Index closed down 0.27%

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China Everbright’s Hong Kong Unit Reports Almost $1 Billion Loss for 2022

The results reverse a profit the previous year as falling global stock markets, rising inflation and tightening monetary policies bite

Caixin Global

U.S. Audit Watchdog to Start New Round of Inspections in Hong Kong

Reviews will involve work of EY, Deloitte, PwC and others in HK and on mainland with officials from CSRC and Finance Ministry assisting

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Opinion: China Exports Outlook Brightens as Goods Shipments Beat Expectations

In January and February combined, shipments fell 6.8% year-on-year in dollar terms, trumping forecasts of a 9% contraction, and narrowed 3.1 percentage points compared with December’s decline

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Xi to Visit Moscow Amid Russia-Ukraine Conflict

The Chinese president’s state visit, planned to take place from Monday through Wednesday, comes at the invitation of Vladimir Putin

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Shanghai Composite Index Rose 0.73% on Friday

Shenzhen Component Index closed up 0.36%

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China Hopes Ukraine, Russia Resume Peace Talks, Foreign Minister Says

Qin Gang conveys concerns to his Ukrainian counterpart that the conflict may grow ‘out of control’

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Weekly Must-Read: Why China Set Its 2023 GDP Growth Target at ‘Around 5%

The new leadership set what many consider to be a moderate goal despite stronger-than-expected economic activity this year and a low base in 2022

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Chinese Housing Prices in Major Cities Post First Increase in 18 Months

New home prices in 70 cities rose 0.3% year-on-year in February, adding to signs of recovery from a protracted housing slump

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Former BOC Beijing Branch Head Under Corruption Investigation

Wang Jianhong caught up in graft busters’ dragnet targeting misconduct in the financial sector, where eight bankers have been punished already this year

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Shanghai Composite Index Fell 1.12% on Thursday

Shenzhen Component Index closed down 1.54%

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Ex-Regional Official Investigated in Campaign Against Graft in Health Care

Wang Zhongping, a former party chief and ex-director of the medical security bureau of Guangxi, falls under probe for ‘serious violations of discipline and law,’ authorities say

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Guolian Group Bids $1.3 Billion to Win Oceanwide’s Brokerage Stake

Wuxi-backed parent of Guolian Securities to pay 55% over asking price for 30.3% of Minsheng Securities after 162 rounds of bidding

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Shagang Agrees to Pay Fosun $1.97 Billion for Nangang Iron & Steel Stake

Deal for 60% of Nangang is still up in the air as Nanjing Steel has right of first refusal and other bidders may include Citic Pacific and Fangda Steel

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China’s Excavator-Makers Unearth Growing Business Abroad

Exports of the construction equipment rose 14.9% in the first two months of the year, overtaking the domestic market

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Opinion: Internationalizing the Yuan Is Not Easy, but China Is Pulling Out All the Stops

Beijing is using policy support, a large financial market, stable currency value and increasing exchange rate flexibility to make the renminbi a currency of choice in global markets

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Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index finished nearly flat

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Bohai Bank Slapped With $2.5 Million Fine for 12 Violations

In Bohai’s third fine this year, central bank imposes penalties for breaking rules on deposit reserves, credit scoring and anti-money laundering

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Three Bidders Fight for Minsheng Securities’ Shares in Auction

As debt-laden Oceanwide Holdings offers 30% Minsheng stake for $827 million to cover a $291 million default, bidders include Soochow Securities and Zheshang Securities

Caixin Global

China to Resume Issuing Range of Visas to Foreigners

Authorities are seeking to restore cross-border travel to pre-pandemic levels as the country emerges from under its strict ‘zero-Covid’ regime

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Shanghai Composite Index Fell 0.72% on Tuesday

Shenzhen Component Index closed down 0.77%

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Editorial: Freedom and Openness Are at the Heart of Sci-Tech Innovation

It is crucial to follow the objective patterns of science and technology development, and guide talent to achieve their true potential

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