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Hong Kong was South Koreaβs seventh-largest trade partner as of 2021, with exports and imports totalling US$39.71 billion, up 23 per cent on 2020.
https://t.co/YURdQVPGsX
Growing number of cross-border financial services will allow investors to diversify portfolios under the GBA Wealth Management Connect scheme.
HSBC is smoothing the way for Hong Kong-based investors looking to gain access to the rapidly expanding market.
https://t.co/UQV2Saj28a
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New ByteDance app Qishui Yinyue, which translates to βsoda musicβ in Mandarin, was updated on Wednesday after its release last month
https://t.co/kddk5eFYlG
ChinaSF News Digest
G-bits Network, whose Wen Dao game ranks among the top 30 downloads in local Appstore, pays record dividend.
Move follows recent dividend windfall for Tencent shareholders as freeze in new approvals disincentivises capital spending.
https://t.co/W1Fcaj42VO
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Xpeng topped its peers with sales rising nearly 150 per cent month on month in March to 15,414 units.
Carmakersβ sales in the second quarter will be affected by Chinaβs Covid-19 outbreaks...
https://t.co/LUavZfloBO
The Peopleβs Bank of China said it would expand the scope of use of Chinaβs digital fiat currency this year
The Digital Currency Research Institute is offering monthly salaries as high as 120,000 yuan (US$18,800) to recruit engineers and developers.
https://t.co/Ic1QlCwa98
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Representatives of Chinaβs lithium industry pitch their recommendations at the βtwo sessionsβ policy-setting meetings in Beijing.
Sichuan province has one of Chinaβs richest and most accessible reserves of lithium...
https://t.co/Os39J5kelr
ChinaSF News Digest
Tax fee cuts will be larger in 2022 than last yearβs 1.1 trillion yuan (US$173.68 billion) in reductions, said Finance Minister Liu Kun.
https://t.co/gy1P6FJC3W
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Chinaβs economic policymakers expected to implement βmore pro-growth policiesβ after high-profile March meetings
Chinaβs monetary authorities have already been supporting growth by cutting the reserve requirement ratio
https://t.co/y0fAGH9oGt
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Two private banks in Liaoning province and the capital of Beijing will no longer provide services involving banknotes and coins, effective March and April respectively.
South China Morning Post
https://t.co/nQaAFiGqph
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Paiduidao, currently open only to users with an invitation code, is designed to let users interact in a virtual community
ByteDance denies that the app is linked to the metaverse, a concept that is gaining traction in the tech world
https://t.co/2SkL8wiUSm
The project by start-up GalaxySpace aims to compete with the US company by offering high-speed internet services to remote areas.
https://t.co/scr87FNrhy
ChinaSF New Digest
China has ambitious plans to boost domestic soybean output by 40 per cent over the next four years, as an over-reliance on imports of the commodity continues to raise alarms over the nationβs food security
https://t.co/LLAuRIBZFD
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Shenzhenβs record power use in 2021 hints at healthy economic growth, despite US-China tech war.
Producers of computers, communication and other electronic equipment consumed 16.9 percent more electricity last year compared to 2020.
https://t.co/beJpqZFPC1
As the world faces up to climate change, short-haul flights look increasingly unattractive to many travelers. The flygskam (flight shame) phenomenon that started in Scandinavia is already inspiring many travelers to reduce their reliance on airlines.
https://t.co/7NtxonIOum
ποΈNews Digest
Chinese state media flags volatility, money laundering as risks in metaverse land sales
Peopleβs Daily said property sales in the metaverse resembled βproduct financialisationβ and carried risks of volatility, fraud and money laundering...
https://t.co/VoBkZXOCy5