Business
Chinese 450 billion yuan optics firm Innolight weighs Hong Kong listing: sources
Zhongji Innolight, a Chinese maker of optical communication modules and devices, is considering a listing in Hong Kong, according to…
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yuan
Business
Yangzijiang Financial pumps 1.02 billion yuan in lithium battery producer Ningbo Shanshan’s restructuring
The investment by the group and two of its investors gives them effective voting rights of 23.4 per cent in the lithium battery producer…
Business
China expands onshore repo access in push to boost yuan assets
Authorities have been stepping up efforts to promote the country’s debt and currency markets China is expanding access to its bond…
Business
China opens digital yuan hub in Shanghai to boost global use
The hub will support digital finance trade, investment, innovation, and strengthen the country’s overseas financial links China’s central…
Business
China central bank unveils steps to boost yuan bond market in Hong Kong
China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global…
Business
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance Just as China’s long bull run for bonds is…
Business
CapitaLand Commercial C-Reit’s public offer 535 times subscribed; 2.29 billion yuan raised from its Shanghai IPO
CapitaLand Investment, CapitaLand China Trust, CapitaLand Development to hold 20% of offer units CapitaLand Investment (CLI) on Friday…
Business
Ant digital arm puts 60 billion yuan energy assets on its blockchain
The firm has so far completed financing for three clean energy projects using this approach, raising about 300 million yuan in total for…
Business
Aoxin Q&M’s ex-CEO accused of taking 15 million yuan via improper loans, sham share deals
The audit committee has ‘reasonable evidence’ that four whistleblower reports received by the board are credible The audit committee of…
Business
CapitaLand Commercial C-Reit sets Shanghai IPO offering at 2.28 billion yuan, 7% up from earlier estimate
CapitaLand China Trust (CLCT) will subscribe for 5 per cent of the 2.28 billion yuan (S$410.9 million) offering in the listing of a…
Business
CapitaLand Commercial C-Reit sets Shanghai IPO offering at 2.29 billion yuan, up 7% from earlier estimate
CapitaLand China Trust to divest CapitaMall Yuhuating to the Reit at 8.8% premium, and subscribe for 5% of the IPO units CapitaLand China…
Business
EV maker Nio posts 0.3% wider Q2 net loss of 5.1 billion yuan despite top-line growth
Chinese electric vehicle (EV) maker Nio recorded a net loss of 5.1 billion yuan (S$928.4 million) for its second quarter ended Jun 30,…
Business
GLP secures 2.5 billion yuan investment for China data centre
Logistics company GLP said on Tuesday it had secured an investment of 2.5 billion yuan (S$449 million) from Zhejiang government-backed…
Business
Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is ‘without merit’ Raffles Education has received a letter of…
Business
China Medical System H1 profit rises 3.4% to 941.2 million yuan; to pay interim dividend of S$0.028
China Medical System (CMS) posted a rise in first-half profit and interim dividend on Monday (Aug 18), its first set of results after its…
Business
Yanlord Land back in the black with H1 net profit of 379.2 million yuan
Yanlord Land recorded a net profit of 379.2 million yuan (S$67.8 million) for the first half of 2025, reversing from a net loss of 486…
Business
Aoxin Q&M Dental H1 net profit down 44.3% at 2.7 million yuan
Revenue rises 4.6% to 86.8 million yuan, from 83 million yuan in the year-ago period Catalist-listed Aoxin Q&M Dental on Thursday (Aug 14)…
Business
DBS sees rising demand for yuan settlements from Chinese exporters
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi…
Business
Yangzijiang Shipbuilding posts record earnings of 4.2 billion yuan for H1
Yangzijiang Shipbuilding posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the six months ended Jun 30, 2025,…
Business
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to…
Business
Singapore’s Perennial setting up 500 million yuan general hospital in Shanghai
Singapore-based real estate and healthcare company Perennial Holdings announced on Thursday (Jul 31) that it has entered into a…
Business
China’s 1.2 trillion yuan mega-dam project lifts metals markets, but not a quick fix for glut
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn its…
Fashion
Temasek proposes 5-year, 10-year and 30-year tranches of offshore Chinese yuan bonds
These will be issued under its US$25 billion guaranteed global medium-term note programme Temasek announced on Tuesday (Jul 22) a proposed…
Culture
PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs
China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency…