South China Morning Post

Stresses in China’s property market were underlined by data on Wednesday that showed new home prices in December endured their steepest monthly decline since February 2015. Prices of new homes measured across 70 large and medium-sized Chinese cities fell 0.4% month-on-month in December,...

Less than 48 hours before what's expected to be the largest IPO in history, the Shanghai Stock Exchange has suspended the IPO of Ant Group, the financial company partially owned by Alibaba Group Holding (NYSE: BABA). What Happened: The Shanghai Stock Exchange is temporarily postponing the IPO,...

Alibaba Group Holdings Ltd (NYSE: BABA) has increased its ownership interests in the Shanghai-headquartered logistics company YTO Express, the South China Morning Post reported Wednesday. The tech titan –  often referred to as the Chinese version of Amazon Inc. (NASDAQ: AMZN),...

Markets in China tumbled significantly in early trade on Monday (Beijing time) over coronavirus fears. What Happened The markets opened after the Lunar holiday, which was extended due to the novel coronavirus outbreak, after having last traded on January 23. The death toll from the virus...

The "strengths and resilience" of Hong Kong's financial systems "have not been undermined" in spite of geopolitical and domestic unrest facing the Chinese autonomous region, or so the city's Chief Executive Carrie Lam told Asian Financial Forum on Monday. What Happened...

Inflation in China rose to its highest level in eight years in November, in part due to the price of pork more than doubling yet again in a single month, CNBC reported. African Swine Fever Sends Pork Prices Higher  China's National Bureau of Statistics said pork prices were higher by 110%...

Crude oil exports from Saudi Arabia to China nearly doubled in size over the past year from 920,000 barrels per day to around 1.8 million barrels, CNBC reported in August. Needless to say, the financial impact from an attack on Saudi oil infrastructure will be more felt in China than in the U.S....

Improved sentiment between U.S. and China after the G-20 summit may be short-lived after China reiterated its "clear and consistent" policy on trade. What Happened China's Minister of Commerce spokesman Gao Feng told reporters Thursday the U.S. needs to remove all imposed tariffs...

Protesters took to the streets again in Hong Kong on Monday, overshadowing ceremonies marking the anniversary of the July 1, 1997 handover of the city from British rule to China. The anti-government protesters stormed the city’s legislative building, breaking doors and prying open gates...

The S&P 500 opened slightly higher Friday to close out another rough week for investors. The major drag on the market remains the trade war between the U.S. and China. Here’s a look at the latest developments. Huawei Ban A week after the Department of Commerce placed Chinese...

Tencent Holdings (OTC: TCEHY) is in talks to bring Electronic Arts Inc. (NASDAQ: EA)’s new U.S. hit "Apex Legends" to China, the South China Morning Post reported Friday. Apex Legends has debuted with huge numbers of players and considerable fanfare in the gaming world and is...

What’s good for Tesla Inc (NASDAQ: TSLA) may be good for Sino-American relations. But even if a visit this week to China by the American electric car maker’s quirky CEO Elon Musk smooths tensions between the two nations, the question remains: will it be enough to significantly...

Cryptocurrencies, the star performers in 2017, haven't had the best run in 2018. Bitcoin, the widely traded and most popular crypto, is down about 54 percent year-to-date. It's against this backdrop that China's Bitmain Technologies, the leading bitcoin miner and mining hardware...

The highlight of the economic calendar of the week is the annual Jackson Hole Economic Policy Symposium to be held on Friday and Saturday. Though the symposium as such, is not a market moving event, there is a lot of excitement generated around it, given the pedigree of the attendees and kind of...

Despite the ordeal of climbing over the Chinese barriers, many companies have made a beeline to China and have persisted with their attempts despite the rebuffs. Fast food chain McDonald's Corporation (NYSE: MCD) isn't the one to let the Chinese opportunity go by and this was evident from an...