China’s largest technology companies are returning more of their cash to shareholders than ever before, as they continue to ramp up buybacks to support their flagging stocks. Repurchases of shares listed in Hong Kong have reached HK$187 billion ($24 billion) so far in 2024, already surpassing last year’s record total, according to data compiled by…
Five Chinese productions are being presented in market screenings on the sidelines of this year’s Toronto International Film Festival in an effort, organizers of the program say, to give North American audiences a “three-dimensional” view into contemporary China. Put together by the China Film Co-Production Corporation (CFCC), the selection includes comedian Da Peng’s box office…
Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also today, private equity’s favorite borrowing tool sparks fresh scrutiny. Today’s top stories Home appliance maker Midea Group is…
Islamabad, Pakistan – The invitations have all gone out. But when Pakistan hosts the Shanghai Cooperation Organisation (SCO) summit next month, there’s one guest above all others whose presence or absence will be most felt: Indian Prime Minister Narendra Modi. On August 29, Pakistan’s Ministry of Foreign Affairs confirmed that Islamabad would host heads of government…
China said it found evidence of dumping by European brandy makers in a preliminary probe but stopped short of levying tariffs, in a sign Beijing wants to negotiate with the European Union in managing various trade issues spanning electric cars to agriculture. Imported brandy from the European Union has been dumped into China, dealing material…