Asia markets live: Stocks mixed

Asia markets live: Stocks mixed

Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets were mixed Monday as investors assessed China’s promises to support domestic businesses as well as developments in trade negotiations between the U.S. and countries in the region. Over the weekend, China’s finance minister Lan Fo’an said that the Asian powerhouse…

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China life sciences-focused Dalton Venture expands to Hong Kong, targets new investments

China life sciences-focused Dalton Venture expands to Hong Kong, targets new investments

With dual headquarters in Shanghai and Shenzhen, Dalton Venture will apply for an asset-management licence in Hong Kong next month and expects to start pursuing investments next year after receiving government approval, founding managing partner Steve Sun told the South China Morning Post in an interview on Friday. Dalton Venture aims to seize opportunities brought…

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Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role

Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role

Chinese semiconductor company Montage Technology reported a sharp surge in revenue and profit in the March quarter, following a significant rise a year earlier, in a sign of the country’s expanding presence in the memory chip segment. The Shanghai-based integrated circuit design firm, which supplies connectors to dynamic random-access memory (DRAM) chips, said in a…

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Asia markets live: Stocks mostly rise

Asia markets live: Stocks rise

The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets climbed Wednesday, after all three key benchmarks on Wall Street advanced overnight on optimism that U.S.-China trade tensions could ease. This comes after U.S. President Donald Trump indicated that…

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Reuters

At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’

SHANGHAI (Reuters) -More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world’s premier market for electric vehicles and hybrids. Top-selling Chinese brands such as BYD and Geely are expected to take centre stage at…

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Asia markets live: Stocks climb

Asia markets live: Stocks trade mixed

A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images Asia-Pacific markets traded mixed Monday as China’s central bank held rates at a time when the yuan has come under pressure due to Beijing-Washington trade tensions. Mainland China’s CSI 300 rose 0.18% after the People’s Bank of China kept its key…

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