Page 11 - Citic News Today

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NEW YORK, April 2, 2024 /PRNewswire/ -- SunCar Technology Group Inc. , an innovative leader in digitalized automotive services and auto e-insurance in China, announced that it will offer exclusive...

A group of investors led by private equity firm PAG on Saturday announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda's mall unit, reports Reuters. Dalian Wanda will retain 40% in Newland Commercial Management, the holding company of Zhuhai Wanda Commercial Management Group Co, the statement said. CITIC Capital,…

Dalian Wanda will retain 40% in Newland Commercial Management, the holding company of  Zhuhai Wanda Commercial Management Group Co.

The GSMA has announced that China Mobile, China Telecom and China Unicom have commercially launched an open API from the GSMA Open Gateway initiative that will help reduce mobile fraud, while CITIC Telecom, Huawei and ZTE have joined the initiative.

By Kimberley Kao Citics 2023 net profit fell and it noted an uncertain economic outlook though the company said profit would have increased if a one-off gain in 2022 was excluded. The...

The Hong Kong stock market headed south again on Wednesday, one day after snapping the two-day losing streak in which it had stumbled almost 400 points or 2.5 percent.

According to the United States Geological Survey (USGS), global copper reserves were 1 billion tons in 2023. Countries rich in copper resources mainly include Chile (190 million tons), Australia (100 million tons), Peru (120 million tons), and Russia (80 million tons), Mexico (53 million tons) and the United States (50 million tons), etc. In terms of output, global copper output from ore in 2023 was 22 million tons. The main copper-producing countries were Chile (5 million tons), Peru (2.6 milli...

GSMA said China is the first country to commercially launch an Open Gateway-certified OTP API to reduce incidents of online fraud.

The Hong Kong stock market has moved lower in two straight sessions, sinking almost 400 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 16,475-point plateau and it may extend its losing streak on Tuesday.