CLN KraneShares Week in Review Asian equities were mixed but mostly higher for the week as Hong Kong’s Hang Seng Tech Index was the region’s top-performing benchmark, up +8.43%, followed by Indonesia, while Australia and Korea underperformed. China’s National People’s Congress, also known as the “Two Sessions,” kicked off this week. Leaders from five separate
XUZHOU, China, March 3, 2025 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE: 000425), a leading global construction machinery manufacturer, has proudly announced that three of its factories, specialized for road machinery, firefighting equipment and automotive products, have been officially included in China’s 2024 National Green Factory List, a prestigious recognition from the Ministry of Industry and
A Chinese clerk counts renminbi yuan banknotes in Nantong, East China”s Jiangsu province. [Photo/IC] BEIJING – The National Financial Regulatory Administration (NFRA) on Wednesday announced that China will lower the asset requirement threshold for Hong Kong and Macao financial institutions to invest in mainland insurers, as part of its efforts to deepen opening-up in the
SANYA — Researchers have recently completed the inaugural series of sea trials for marine equipment at the offshore test site in Yazhou Bay in Sanya, South China’s Hainan province, signifying that the site is now equipped to perform such testing. The marine engineering team from Shanghai Jiao Tong University conducted extensive evaluations on a range
Chinese authorities have blocked dozens of trademark applications filed with the name DeepSeek, as the Chinese artificial intelligence (AI) start-up faces a flurry of attempts, some possibly in Hong Kong, to take advantage of its global popularity. China’s National Intellectual Property Administration said in a statement on Tuesday that it had rejected 63 trademark applications
BEIJING — China will expand the scope of subsidies for replacing old and worn-out agricultural machinery and raise subsidy levels in 2025, the Ministry of Agriculture and Rural Affairs said Tuesday. The existing nine types of agricultural machinery will be joined by six new categories in the subsidy program, namely, rice seedling-throwing machines, farmland monitoring
Domestic stocks have lost a combined Rs 26 lakh crore or $306 billion in market value at dollar-rupee exchange rate of 86.58 since January 31. Adding January losses, the market cap erosion for Indian market amounted to Rs 45 lakh crore or roughly $520 billion. That is higher than the annual 2025 GDP forecasts for
Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] BEIJING — Official data showed that China saw robust growth in the outstanding sum of loans to small and micro companies by the end of 2024 amid government efforts to encourage inclusive financing. By the end of the fourth quarter (Q4) of
Trina Solar said the two defendants had “jointly manufactured, licensed and sold PV modules and other products falling within the scope of protection of the first patent and the second patent”. It has asked the court to prohibit them from manufacturing cells and modules in this manner and “destroy the entire inventory” of the products
BEIJING: China’s purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from US sanctions, a consultancy said on Wednesday (Feb 12). China has been the biggest buyer of wafer fabrication equipment for at least the past two years, purchasing