China


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2024-09-30

[News] Key Focus This Week: Monitoring for Signs of Deterioration in the U.S. Labor Market

Last week, the People's Bank of China introduced significant easing measures targeting interest rates, the real estate market, and the stock market, leading to a nearly 16% rebound in the CSI 300 Index from its low. Meanwhile, although the S&P 500 had already priced in the Federal Reserve's 50 b...

2024-09-30

[News] China Reportedly Advises Local Companies to Avoid NVIDIA’s H20, Benefiting Huawei and Cambricon

Rumors have been circulating that NVIDIA has stopped taking orders for its H20 chips customized for China since August. Now, according to the latest report by Bloomberg, regulators in China have been advising companies against buying H20, as part of the country’s strategy to bolster its semiconduc...

2024-09-27

[News] China’s Industrial Profits Fall in August as Central Bank Unleashes Strong Stimulus for Weak Economy

China's industrial enterprises' profits saw a significant decline in August, according to data released by the National Bureau of Statistics on September 27. In August, industrial profits fell by 17.8% year-over-year, a sharp decline from July’s 4.1% increase, marking a 21.9 percentage point decre...

2024-09-27

[News] China’s IC Exports Regain Momentum, Amounting to RMB 736 Billion by August

Recently, a report by People's Daily notes that according to data released by China's customs authorities, in the first eight months of this year, China’s integrated circuit (IC) exports amounted to RMB 736.04 billion, an increase of 24.8%. IC exports have surpassed automotive exports (which total...

2024-09-25

[News] South Korea Said to Heavily Rely on China for Critical Semiconductor Materials such as Silicon

While South Korean memory giants Samsung Electronics and SK hynix saw their sales in China double in the first half of this year, the country as a whole seems to heavily rely on China for essential semiconductor raw materials as well, with silicon, germanium, gallium and indium seeing the largest in...

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