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Mobike eyeing Washington, DC
Bike-sharing giant Mobike Technology Ltd, which handles 25 million rides a day in China, looks to be preparing to put riders on its bikes in the US capital, based on its hiring plans in the area.
July13,2017
China remains wealth creation hub: UBS chairman
"China continues to be the world's second-largest economy and a wealth creation hub, and is a key market for UBS," UBS Chairman Colm Kelleher said on Tuesday.
January10,2024
China State Grid makes new breakthrough in DC power distribution tech
State Grid Corporation of China (SGCC) has made new technological breakthroughs in direct current (DC) power distribution with Pangdong DC central station put into service on Tuesday by State Grid Jiangsu Electric Power Co., Ltd, a subsidiary of SGCC.
June29,2021
UBS considers increasing capital of securities JV
UBS AG is considering increasing the capital of its securities joint venture (JV) in China, Monday announced David Chin, head of its Corporate Client Services, APAC, on the 19th UBS Greater China Conference in Shanghai.
January08,2019
UBS predicts China will export 5 million vehicles this year
According to CAAM, last year, China reaffirmed its position as the world’s leading automotive exporter with 4.4 million units, surpassing Japan’s 3.0 million and marking a 58% increase over 2022. Developing countries were the main buyers
January11,2024
China's first high-voltage AC/DC hybrid power grid project starts construction in Jiangsu Province
The second phase of the Yangzhou-Zhenjiang ±200 kV direct current (DC) power transmission (Yangzhen DC phase 2) project kicked off construction on Wednesday in east China's Jiangsu Province, with the aim to further expand the application of alternating current (AC)/DC hybrid power grid technologies to help accelerate the development of a clean, low-carbon, safe and efficient new energy system, according to State Grid Jiangsu Electric Power Co., Ltd.
September25,2024
High-voltage AC/DC hybrid power grid demonstration project in Jiangsu province starts construction
The second phase of the Yangzhou-Zhenjiang ±200 kV direct current (DC) power transmission (Yangzhen DC phase 2) project has started construction recently, marking a key step forward in expanding the in-depth application of AC/DC hybrid power grid technology to help accelerate the construction of a clean, low-carbon, safe and efficient new energy system in China.
October05,2024
China’s first 600kW EV supercharging station with solar DC micro-grid debuted for one year
China’s first 600 kW supercharging station with solar direct-current micro-grid has been in operation for one year, with all indicators beating expectations.
November20,2023
UBS raises China 2018 GDP growth forecast
Swiss bank UBS has upgraded its forecast on China's 2018 gross domestic product (GDP) growth, citing stronger momentum of the global economy and growth in China's exports.
February05,2018
China's December economic activity holds steady: UBS
Swiss global financial services company UBS expects China's December data will show steady economic activity, while GDP growth in the fourth quarter will slow slightly.
January04,2018
China approves UBS to gain control of securities JV
China's securities regulator has approved UBS AG's plan to gain a majority stake in its mainland securities joint venture (JV).
December03,2018
DC Holdings, CMI ink MoU on strategic cooperation to tap overseas digital economy market
Digital China Holdings Limited (DC Holdings) signed a MoU on strategic cooperation with China Mobile International Limited on Tuesday in Hong Kong to provide more diverse and multi-level digital services to governments and enterprises in Hong Kong and abroad, as well as to jointly tap overseas digital economy market.
April29,2021
China's duty-free market expected to hit RMB 117 bln by 2025: UBS
The annual compound growth rate of China's duty-free market should reach 24 percent during the 2021-2025 period, with per capita consumption maintaining at an annual increase of about 5 to 10 percent, reported Shanghai Securities News on Thursday.
January13,2023
Chinese market to become significant growth point of UBS global business: UBS Securities
The CEO of UBS Group AG has made it clear that in the foreseeable future, China will become the company's most critical growth point in the global context, said Eugene Qian, chairman of UBS Securities Co., Ltd. in a recent interview, reported Shanghai Securities News on Friday.
January21,2022
China's January consumer inflation likely to pick up: UBS
China's consumer inflation is likely to pick up in January because of higher food prices driven by strong demand before the Lunar New Year holiday, UBS analyst Wang Tao forecast.
February10,2020
UBS raises China 2016 GDP growth forecast
Swiss bank UBS has upgraded China's gross domestic product (GDP) growth forecast in 2016, citing encouraging new economic indicators and loose credit and fiscal policy support.
April18,2016
China's online extracurricular education market to expand significantly: UBS
China's online extracurricular education market is expected to have grown markedly by 2025, a report from UBS said.
July30,2018
Multi-central bank DC project mBridge enters new stage, foretelling highly efficient cross-border settlement foreseeable in future
When cross-border settlement facilitation arouses increasing attention among countries around the world, developing central bank digital currency (CBDC) is of rising importance in addressing related issues as a viable solution.
June12,2024
UBS maintains Chinese yuan forecast amid coronavirus outbreak
Global investment bank UBS, despite the shock of the coronavirus, maintained its forecast of yuan-dollar rate at 7 yuan per U.S. dollar for end-2020.
February04,2020
China box office to grow 12 pct annually: UBS
China's movie box office revenue is estimated to grow at an average annual rate of 12 percent between 2017 and 2020, boosted mainly by increases in the number of movie screens, UBS Securities said Tuesday.
January24,2018
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