Markets, companies and the global economy.
Legendary investor Jim Rogers, 84, says he has sold stocks in most countries including the US, keeping only Chinese and Uzbek equities — and plans to pass his China holdings on to his two daughters. He calls China 'the next great country,' predicting it will be the world's most important nation within his children's lifetimes.
Zhejiang-based powersports maker CFMOTO disclosed it has received another batch of US tariff refunds worth about 366 million yuan, lifting its cumulative refunds to more than 628 million yuan after the US Supreme Court struck down IEEPA-based tariffs.
On September 7, Bawang Chaji's Shanghai official account announced its stores would start selling tea eggs. Priced at 5 yuan for a single 'Baiwu Hongchen' tea egg — or 2.5 yuan as an add-on with a regular drink — the launch has sparked debate over premium pricing in the beverage chain's push into food.
Wall Street rallied on September 3, with the S&P 500 jumping 1.06% to 7,747.71 — its biggest one-day advance in nearly a month — as dovish Federal Reserve signals cooled rate expectations and dragged Treasury yields lower, lifting all three major indices at least 1%.
Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad', says he carries $1.2 billion in debt — a stance consistent with his long-held view that debt can be a wealth-building tool.
The American fried-chicken chain's first store in mainland China opened to massive crowds, with customers queuing up to two hours. The debut underscores both the brand's popularity and the intense competition in China's fast-food market.
Unitree (Unitree Robotics) shares fell more than 2% at the open on August 31, briefly touching 555.8 yuan per share — roughly half the 1,100 yuan debut high on August 19 — erasing over 200 billion yuan in market value.
Tesla has introduced a more affordable version of its Model 3 in Hong Kong and Macau, extending the entry-level lineup in both markets.
Multiple property developers hit their daily price limit at the open of Chinese markets after the central bank and financial regulator issued a plan extending the maximum term for individual home loans to 40 years.
The 4K-restored classic, on its first-ever commercial theatrical run in mainland China, crossed RMB 10 million in three days since its 28 August release.