Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
The Wall Street Journal
China Auto Sales Recovery Rolls Into Second Month — May auto sales in China were up 14.5% from a year earlier, driven by heavy discounts and promotions, as pent-up demand and promotions extended April’s rebound from a 21-month losing streak.Hong Kong’s Bid for Chinese Tech Listings Gets $6.6 Billion Endorsement — Hong Kong’s status as a venue for major Chinese technology companies got a boost, as shares in mobile-games group NetEase jumped on their debut in the city, while e-commerce company JD.com fixed a price for its own $3.9 billion offering.
The Financial Times
Chinese tech group NetEase soars on $2.7bn Hong Kong debut — US-China tensions expected to start wave of big listings in cityThe mystery document holding up China’s
The Global Intelligence Platform used by The Wire China
- Navigate China's business landscape
- Identify risk
- Spot opportunity