4 d. ago Alibaba seeks US$1.5 billion from exchangeable bonds for cloud, e

Alibaba Group Holding plans to raise HK$12 billion (US$1.5 billion) via exchangeable bonds to fund its cloud business and international e-commerce operations, the company said on Thursday. The bonds will not pay interest but will allow bondholders to exchange them for shares of its subsidiary, Alibaba Health Information Technology. “Alibaba Group intends to use the net proceeds from the bond offering for general corporate purposes, including investments to support the development of our cloud...

Economics

7 d. ago Resale home prices drop at faster pace in China, private survey shows

Resale home prices drop at faster pace in China, private survey shows  Reuters

Economics

7 d. ago China’s Private Factory Reading Improves After Trump Trade Truce

China’s Private Factory Reading Improves After Trump Trade Truce  Bloomberg.com

Politics

7 d. ago China's June factory activity unexpectedly expands, private survey shows

China's June factory activity unexpectedly expands, private survey shows  CNBC

Politics

1 week ago China’s Wealth Fund Pulls Plug on $1 Billion Private Equity Sale

China’s Wealth Fund Pulls Plug on $1 Billion Private Equity Sale  Bloomberg.com

Economics

2 w. ago China’s rolls out ‘property supermarkets’ to support ailing housing market

With another decline in housing prices in May and sentiment among buyers remaining subdued, Chinese authorities are rolling out “property supermarkets”, which are online or offline hubs where consumers can view homes. Chengdu last week became the latest city to launch a homebuying platform in an effort to make homebuying more transparent and efficient. The capital of southwestern China’s Sichuan province partnered with nearly 30 state-owned and private developers to feature more than 50 projects...

Politics

2 w. ago China rolls out ‘property supermarkets’ to help ailing housing market

With another decline in housing prices in May and sentiment among buyers remaining subdued, Chinese authorities are rolling out “property supermarkets”, which are online or offline hubs where consumers can view homes. Chengdu last week became the latest city to launch a homebuying platform in an effort to make homebuying more transparent and efficient. The capital of southwestern China’s Sichuan province partnered with nearly 30 state-owned and private developers to feature more than 50 projects...

Politics

2 w. ago China unveils over 3,200 new projects worth 3 trln yuan to private capital

China unveils over 3,200 new projects worth 3 trln yuan to private capital  China.org.cn

Politics

2 w. ago China’s private firms back in driver’s seat as regulations ease: Goldman Sachs

“The tide has turned” for China’s private enterprises, said analysts with Goldman Sachs, as regulatory restrictions are being lifted to help non-state firms pursue breakthroughs in cutting-edge technology and expand their international presence. The private sector’s “animal spirits” are making a return, with investment patterns suggesting a renewal led by capital expenditure, more aggressive overseas expansion plans, research and development spending and heightened fundraising activity, the...

Economics

3 w. ago China Gets First Private Builder Dollar Bond Offering Since 2023

China Gets First Private Builder Dollar Bond Offering Since 2023  Bloomberg

Politics

3 w. ago From AI to chips: China courts private tech firms to help drive next 5

China has signalled growing support for the private sector, as the head of the government department that oversees economic reform sat down with representatives of the tech industry to gather input ahead of Beijing’s next five-year development blueprint, analysts said. Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), met leaders from five private enterprises to “gather opinions and suggestions for the scientific formulation of the ‘15th Five-Year Plan’, with a...

Economics

3 w. ago As the PLA adopts civilian technology, Chinese bureaucracy could hinder progress

For decades, China’s talk of letting the private sector bid for defence orders had mostly been just that: talk. State-owned conglomerates had dominated the sector for decades, but in the middle of 2016, Beijing started to step up its military-civilian fusion strategy, publishing an official list of the sectors where private firms were being encouraged to contribute, such as swarming drone technologies. The plan is a central pillar of China’s ambition to develop a modernised military by 2035 and...

Politics

3 w. ago White House AI czar on race with China: ‘We’ve got to let the private sector cook’

White House AI czar on race with China: ‘We’ve got to let the private sector cook’  FedScoop

Society