China
CNBC’s UK Exchange newsletter: AstraZeneca gets a shot on Wall Street
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca — […]
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The world’s first carbon border tax will soon go live — shaking up global trade
A worker walks past molten steel at a steel factory in Huai’an, in China’s eastern Jiangsu province on July 22, 2025. – | Afp | Getty Images The European Union is less than three months away from launching its carbon levy — the world’s first large-scale border tax on carbon-intensive goods. The forthcoming step, which […]
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China’s Zijin Gold surges over 60% in Hong Kong debut after world’s second-largest IPO this year
A sign outside the Serbia Zijin Mining complex, operated by Zijin Mining Group Co., in Bor, Serbia, on Thursday Aug. 24, 2023. Bloomberg | Bloomberg | Getty Images Zijin Gold shares surged over 60% Tuesday as the Chinese miner made its trading debut in Hong Kong following a strong initial public offering. The company had […]
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France’s sovereign wealth chief has a warning for Europe: We’re being ‘doubly colonized’
Key Points Nicolas Dufourcq, the head of France’s state investment bank Bpifrance, warned that Europe is becoming “doubly colonized” by Chinese industry and U.S. tech. “It’s not in the future; the consequences are now,” he warned an audience at private capital conference IPEM. Bpifrance manages assets worth around 100 billion euros ($117 billion). The head […]
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China’s stock market has been on a roll — is it a boom or a bubble?
Investors talk at a stock exchange hall on February 3, 2017 in Hangzhou, Zhejiang Province of China. VCG | Getty Images China’s stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing’s campaign to rein in price wars fuel investor optimism. But as retail […]
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Asia markets trade mixed; Australia central bank starts two-day policy meeting
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Asia-Pacific markets traded mixed Monday, while the Reserve Bank of Australia will kickstart its two-day policy meeting where it is expected to […]
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Trump is wielding the power of the state to back critical mineral companies. These are the possible next targets
The Trump administration needs to strike multiple deals with U.S. miners to secure the nation’s supply chain against China, said Mark Chalmers, CEO of Energy Fuels, a miner focused on uranium and rare earth minerals. The Pentagon decision to take an equity stake in MP Materials, the largest U.S. rare earth miner, in July and […]
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Chinese driverless tech startup Momenta is raising funds at a roughly $6 billion valuation
A car equipped with Momenta technology on display at the IAA Mobility show in Munich, Germany in September 2025. Arjun Kharpal | CNBC Momenta, a Chinese driverless technology startup, is raising a fresh round of funding that could value the company at around $6 billion, two people familiar with the matter told CNBC. The valuation […]
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Investors turn bullish on Indian stocks after a year of underperformance
Key Points Investors said Indian valuations have become cheaper compared to other emerging markets, and the domestic economic outlook is improving. “We think Indian equities now look attractive on a regional basis and upgrade the market to overweight (from neutral),” HSBC analysts said. Market participants said the 50% tariffs imposed on Indian exports to the […]
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Shares of China’s largest vehicle exporter Chery pop 11% in Hong Kong debut
A car produced by Chinese automobile manufacturer Chery is on display for sale at a dealership in Vladivostok, Russia, March 22, 2023. Tatiana Meel | Reuters China’s largest vehicle exporter, Chery Automobile, saw its shares jump in its Hong Kong debut after raising 9.1 billion Hong Kong dollars (US$1.2 billion) through an initial public offering. […]
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