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Tag: Meituan

Chinese stocks pop as Beijing vows more measures to boost weak economy

Chinese stocks pop as Beijing vows more measures to boost weak economy

July 24, 2023July 24, 2023 · World News

A Nanjing Road pedestrian street on October 1, 2022 in Shanghai, China. Yan Daming | Visual China Group | Getty Images Chinese stocks soared Tuesday as Beijing pledged…

Read more Chinese stocks pop as Beijing vows more measures to boost weak economy
Hong Kong stocks enter bear market territory as China reopening optimism continues to fade

Hong Kong stocks enter bear market territory as China reopening optimism continues to fade

May 30, 2023May 30, 2023 · World News

People wearing face masks crossing a street at Hong Kong’s Wan Chai district on Feb. 16, 2021. Zhang Wei | China News Service | Getty Images Hong Kong’s…

Read more Hong Kong stocks enter bear market territory as China reopening optimism continues to fade
Consumers in China are dining at nicer restaurants — even if it costs 0 a person

Consumers in China are dining at nicer restaurants — even if it costs $500 a person

May 4, 2023May 4, 2023 · Business

A restaurant in the Xintiandi shopping area in Shanghai on March 25, 2023. The overall number of new fine dining restaurants in China declined from 2021 to 2022,…

Read more Consumers in China are dining at nicer restaurants — even if it costs $500 a person
Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO

Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO

March 29, 2023March 29, 2023 · World News

Chinese technology stocks led gains in Asia-Pacific on Wednesday’s as Hong Kong listed shares of Alibaba jumped, one day after the company announced a major revamp to split…

Read more Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO
China’s debt-heavy local governments look for new ways to raise cash

China’s debt-heavy local governments look for new ways to raise cash

March 26, 2023March 26, 2023 · World News

Pictured here is a large residential community in Nanjing, Jiangsu province, Jan. 16, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — Debt-heavy local governments in…

Read more China’s debt-heavy local governments look for new ways to raise cash
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