China central bank buys gold for 24th straight month as prices dip
China's central bank added gold for a 24th consecutive month in October, making its largest purchase since resuming its buying program two years ago.
China's central bank added gold for a 24th consecutive month in October, making its largest purchase since resuming its buying program two years ago.
BYD posted its first quarterly profit rise in over a year in the third quarter, as surging overseas sales offset weak demand and a price war in China.
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New-home prices in 100 Chinese cities rose 0.18% in October while secondhand prices fell 0.61%, with Beijing and Shanghai outperforming.
Chinese memory chipmaker YMTC has paused its planned Shanghai IPO, people familiar said, as regulators tighten share sales to support markets.
China's securities regulator has told investment banks to pause new IPOs and large share sales until markets recover, after a brutal October for equities.
China's official manufacturing PMI fell to 49.3 in October as holiday effects faded and demand softened, though high-tech industry kept expanding.