US and China reach deal to slash trade tariffs | Excerpt
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Hong Kong, Battery Giant CATL
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The often-acid state media’s magnanimity is revealing: “the road ahead still requires both sides to explore and shape it together with wisdom and courage,” intoned Xinhua. Others were more blunt. “A great victory,” crowed Hu Xijin, a nationalist commentator.
UBS Group AG’s rich clients are increasingly shifting away from US-dollar assets, turning instead to gold, crypto and China, according to the Swiss bank’s co-head of wealth management for Asia.
When US and Chinese officials announced this week that they would lower tariffs for 90 days, the announcement indicated that most shipments from China and Hong Kong to the US would be subject to a 30 percent tariff,
The South China Morning Post has won nine awards in two competitions organised by the Hong Kong Press Photographers Association. Post photographers picked up eight prizes across four categories in the Focus at the Frontline 2024 contest.
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Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
The Trump administration has lowered the tariff on low-value shipments (under $800) from China and Hong Kong from 120% to 54%, as part of a temporary trade
In fiscal 2025, the company expects its revenue mix with businesses headquartered in mainland China and Hong Kong to be approximately "mid-teens percent" of its worldwide revenue. Micron has a 14.9% net margin, so tariffs would’ve caused hundreds of millions in lost earnings.
HONG KONG SAR - Media OutReach Newswire - 13 May 2025 - Hong Kong Special Administrative Region (HKSAR)'s Chief Executive John Lee is leading a delegation of over 50 business leaders from Hong Kong an
(Reuters) -Chinese battery giant CATL is aiming to raise HK$31.01 billion ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday. The company is selling 117.9 million shares at a maximum offer price of HK$263 per share,