Business News

Latest business news and updates

Total: 749

Group enjoying colorful Holi festival outdoors with laughter and joy.
Business

Brokers Urge Investors to Hold Through China’s 10‑Day Spring Break as A‑Shares Poised for Post‑Holiday Rally

As China’s A‑share market shuts for a 10‑day Spring Festival, brokerages largely advise investors to hold rather than exit to cash, citing a recurring pattern of pre‑holiday liquidity declines followed by a strong post‑holiday rebound. Historical data show small caps typically lead gains after the break, and brokers are recommending selective exposure to technology and other growth sectors while flagging macro and earnings risks.

SoBiz2026年2月13日 06:24
#China#A‑shares#Spring Festival
Smiling real estate agent with a for sale sign in front of a house.
Business

Shanghai Drives a Split China Housing Market as Nationwide Prices Continue to Slip

January’s housing data show a market of two halves: Shanghai leads an isolated new‑home price recovery while most cities — particularly second‑ and third‑tier markets — continue to see year‑on‑year price declines. Resale prices are sliding more sharply, underlining ongoing stress for household wealth, developers and municipal revenues.

SoBiz2026年2月13日 06:24
#China housing market#real estate#Shanghai
Close-up of gold bitcoins on a laptop keyboard symbolizing digital currency and technology.
Business

Shenzhen Moves to Crush Shadow Gold Trading: Crackdown Targets Pre‑set‑price, Leveraged and App‑Based Schemes

Shenzhen's financial regulator, with nine other municipal bodies, has banned a suite of off‑exchange gold trading practices — including pre‑set price reservations, leveraged and deferred trades and app‑based schemes — and ordered firms, individuals and payment providers to stop or regularise such activities. The directive cites multiple national laws and warns of criminal referrals for violations, signaling a broader clampdown on informal, technology‑enabled retail financial products.

NeMo2026年2月13日 06:24
#Shenzhen#gold trading#fintech
Black and white portrait of a vampire woman holding a skull, showcasing gothic Halloween style.
Business

Cash Walls and Condo Giveaways: How Chinese CEOs Are Turning Year‑End Bonuses into a Corporate Welfare Brand

Two high‑profile Chinese private firms have used extravagant year‑end giveaways and an institutionalised employee welfare network to bind staff loyalty and burnish reputations. The practices reflect a broader trend of private companies assuming social‑welfare roles amid competition for talent, with implications for inequality, corporate governance and regulatory scrutiny.

SoBiz2026年2月13日 06:14
#Fangda Group#Fang Wei#Insta360
Food delivery drivers on scooters gather at night for dispatch in an urban setting.
Business

Chinese Cities Move to Curb ‘Involution’ in Food-Delivery Price Wars Ahead of Spring Festival

Several Chinese municipal market regulators have ordered food-delivery platforms to halt low-price, subsidy-driven “involution” ahead of the Spring Festival, banning predatory subsidies, ‘‘choose-one’’ exclusivity, data-based price discrimination and coercive promotional tactics. The measures aim to protect small merchants, restore market order during a high-demand period, and push platforms to shift from capital-driven growth to value creation.

SoBiz2026年2月13日 06:14
#China#food delivery#platform regulation
Explore the bustling urban life of Nanjing with this vibrant street market scene featuring local shops and a passerby.
Business

Ren Zeping Urges Investors to Embrace a ‘Slow Bull’ and the Long Wave — Markets Could Rebound

Prominent economist Ren Zeping has urged investors to position for a renewed upswing in Chinese equities and commodities, invoking long-wave (Kondratiev) cycles and warning against excessive short-term caution. His social-media remarks, mixing market advice with a colloquial contrast between conservative and opportunistic investors, could influence sentiment in retail-dominated Chinese markets and have knock-on effects for global commodity demand.

SoBiz2026年2月13日 06:14
#Ren Zeping#China markets#Kondratiev wave
Focused shot of fifty dollar bills on a dark reflective surface, highlighting wealth.
Business

Fed and CBO Find U.S. Households Shoulder Almost All of Trump’s Tariff Bill

New York Fed and CBO analyses show roughly 90% of the cost of President Trump’s tariff surge has been borne by American households and businesses. The reports highlight sharp price increases, elevated economic uncertainty and rising political strain in Washington, where legal and congressional challenges to the tariff program are mounting.

SoBiz2026年2月13日 06:14
#tariffs#New York Federal Reserve#Congressional Budget Office
A view of traditional Chinese architecture with red lanterns in Nanjing during autumn.
Business

From TikTok Fallout to a Billion‑Yuan Food‑Delivery Bloodbath: China’s Top Commercial Surprises of 2025

China’s 2025 commercial surprises — from the overseas success of Xiaohongshu and the blockbuster Nezha sequel to Pop Mart’s meteoric rise, Starbucks’ partial China JV and a destructive food‑delivery subsidy war — reveal a market driven by cultural momentum, geopolitical spillovers and ruthless competition. These events expose both opportunity for scalable consumer IP and persistent structural risks in margins, supply chains and valuation dynamics.

SoBiz2026年2月13日 06:04
#China#Xiaohongshu#Nezha
Fintech spelled out with wooden letter tiles on a rustic wooden background.
Business

Shenzhen Moves to Quash Online Gold Scams — Bans Hype, Apps and Pre‑Pricing Schemes

Shenzhen has issued a public notice banning illegal gold pre‑pricing schemes, leveraged and deferred trades, misleading online marketing and the development or support of unlawful gold‑trading apps. The move targets tech‑enabled distribution channels and warns banks and payment firms to refuse service to illegal operators while pointing retail investors toward authorised gold ETFs, futures and physical purchases through accredited sellers.

SoBiz2026年2月13日 06:04
#Shenzhen#gold#fintech
Vibrant mix of cherries, blueberries, and strawberries in a close-up shot.
Business

How China’s ‘Black Strawberry’ Is Challenging the Cherry’s Lunar New Year Crown

Black strawberries have erupted into China’s Lunar New Year fruit market, driven by scarcity, distinctive appearance and social-media buzz, challenging imported Chilean cherries whose prices have weakened. Improved greenhouse techniques and colourful gift-box packaging have helped domestic strawberries move from niche novelty to mainstream seasonal contender.

SoBiz2026年2月13日 06:04
#strawberries#cherries#China
A mesmerizing aerial shot of the winding Panlong Ancient Road in Xinjiang, China.
Business

Beijing Mandates 'Insure Before Take‑Off' for Drones — Liability Cover to Be Phased In by 2027

China has ordered the phased establishment of a mandatory liability insurance regime for unmanned aircraft, aiming for an initial system by 2027 and a comprehensive framework by 2030. The plan links insurance to flight approvals, promotes expanded insurance products across the drone value chain, and calls for a national data platform to support underwriting and supervision.

NeMo2026年2月12日 17:34
#China#drones#low-altitude economy
A detailed image of a syringe filled with blue liquid against a black backdrop, symbolizing medical themes.
Business

PBOC to Inject ¥1 Trillion via Six‑Month Buyout Reverse Repo to Bolster Bank Liquidity

China’s central bank will inject ¥10 trillion via a six‑month buyout reverse repo on 13 February to ensure ample banking liquidity. The move provides durable, medium‑term funding and signals a continued, measured easing stance aimed at supporting financing conditions and stabilising the economy.

NeMo2026年2月12日 17:34
#PBOC#reverse repo#liquidity injection