The China Evergrande group is about to raise more money from stock investors to fund its capital-hungry electric car venture and fuel its ambition of overtaking Tesla over the next five years.
The China Evergrande group is about to raise more money from stock investors to fund its capital-hungry electric car venture and fuel its ambition of overtaking Tesla over the next five years.
Financial and technology stocks pace gainers in Hong Kong as investors bet on fund inflows. Mainland Chinese stocks enjoy a bounce, helped by economic recovery signs. Tencent slumps amid heightened US actions.
The US effort to crimp foreign investment into China, combined with the coronavirus pandemic, is weighing on capital flows.
The US effort to crimp foreign investment into China, combined with the coronavirus pandemic, is weighing on capital flows.
Governments are negotiating lifting border restrictions and scrambling to resurrect moribund tourist industries and trade. Testing could boost confidence among travellers.
Governments are negotiating lifting border restrictions and scrambling to resurrect moribund tourist industries and trade. Testing could boost confidence among travellers.