Hong Kong New World Group’s Stock Price Plunges Due to Projected Massive Losses
Hong Kong’s major real estate developer New World Development Company Limited (also known as New World Group) estimated a staggering…
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Report: About 40% of American Full-time Employees Struggle to Make Ends Meet
In many countries around the world, the salaries earned by Americans seem very lucrative, whether converted into Renminbi or New…
Chinese home prices in 100 cities have dropped for 28 consecutive months on a month-on-month basis.
The latest data shows that the average price of second-hand residential properties in China’s top 100 cities has been declining…
Chinese listed banks’ housing loan scale shrank by 319.1 billion in six months, increasing defaults.
The Chinese real estate market continues to be sluggish, causing significant impacts on related industries. In the first half of…
Continued Releases of Semi-Annual Reports by Mainland Securities Firms: 18 Companies Reduce Staff, Fang Zheng Cuts 1,381 Employees
In recent months, news of layoffs and business structure adjustments in the mainland securities industry have been frequent. With the…
Three major A-share indexes open low and continue to fall, with the Shanghai Composite Index hitting a new low.
On September 2, 2024, the A-share market opened in the red. On Monday (2nd), the three major indexes of A-shares…
Preparing for the Federal Reserve rate cut: 5 things you need to know
The core PCE price index in the United States rose by 2.5% year-on-year in July, indicating that the magnitude of…
China’s Electric Vehicle Registrations in EU Decline After Increased Tariffs
Since July 5th, the European Union has begun imposing anti-subsidy tariffs on electric vehicles from China. The latest data shows…
Mainland Expert: China’s Economy Faces Problems, Situation Further Deteriorates.
China’s economy is showing signs of weakness as the latest August Purchasing Managers’ Index (PMI) for the manufacturing sector has…
Profits of Over 20 Listed Chinese Steel Companies Decline, With Losses Up to 2.7 Billion
In the first half of this year, Chinese listed steel companies have reported losses in their net profits. Among them,…