A lithium battery manufacturing plant in China’s northern Hebei province. Tianqi’s Hong Kong IPO application is under review. Photo: Xinhua
Banking & finance
Shenzhen bourse queries Tianqi Lithium’s US$159 million contract with Morgan Stanley
27 minutes ago

Tianqi Lithium, Asia’s second-largest lithium compound producer, has received queries from the Shenzhen Stock Exchange about a 49.7 million yuan (US$7.4 million) derivative loss linked to US$159 million option-linked loan contracts it obtained from US bank Morgan Stanley in 2019.

A lithium battery manufacturing plant in China’s northern Hebei province. Tianqi’s Hong Kong IPO application is under review. Photo: Xinhua
Shenzhen bourse queries Tianqi Lithium’s US$159 million contract with Morgan Stanley

Tianqi Lithium, Asia’s second-largest lithium compound producer, has received queries from the Shenzhen Stock Exchange about a 49.7 million yuan (US$7.4 million) derivative loss linked to US$159 million option-linked loan contracts it obtained from US bank Morgan Stanley in 2019.

27 minutes ago
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Tencent founder and CEO Pony Ma Huateng says the company wants to keep moving towards serving society despite slower business growthPhoto: Winson Wong
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Bitcoin
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China Business | OPINION

The entrance to a noodle store is locked and sealed in the Jingan district of western Shanghai on April 4, 2022. Photo: AP
Opinion | China’s strict Covid-19 control measures leave nation’s middle class deflated

On China’s internet, ‘run’ – as in, flee the country – gained momentum as the word of the year after Shanghai was put under a draconian Covid-19 lockdown.

17 May 2022 - 7:00AM
Opinion | How China’s zero-Covid policy is tipping the world into recession

Persistent lockdowns and hardening political rhetoric suggest China’s zero-tolerance approach to Covid-19 will stay in place. Collapsing demand, falling middle-class income, supply chain disruptions and a weakening yuan will have consequences that ripple across the globe.

Persistent lockdowns and hardening political rhetoric suggest China’s zero-tolerance approach to Covid-19 will stay in place. Collapsing demand, falling middle-class income, supply chain disruptions and a weakening yuan will have consequences that ripple across the globe.

16 May 2022 - 8:45AM
How China’s zero-Covid policy is tipping the world into recession
Opinion | Chinese tech firms face uncertain times in major overseas markets

Hikvision, DJI and Xiaomi have had to confront a barrage of negative headlines over the past few weeks that could impact the overseas business of other Chinese tech companies.

Hikvision, DJI and Xiaomi have had to confront a barrage of negative headlines over the past few weeks that could impact the overseas business of other Chinese tech companies.

10 May 2022 - 7:00AM
Chinese tech firms face uncertain times in major overseas markets
The entrance to a noodle store is locked and sealed in the Jingan district of western Shanghai on April 4, 2022. Photo: AP
Opinion | China’s strict Covid-19 control measures leave nation’s middle class deflated
17 May 2022 - 7:00AM
Opinion | How China’s zero-Covid policy is tipping the world into recession

Persistent lockdowns and hardening political rhetoric suggest China’s zero-tolerance approach to Covid-19 will stay in place. Collapsing demand, falling middle-class income, supply chain disruptions and a weakening yuan will have consequences that ripple across the globe.

16 May 2022 - 8:45AM

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