Sunac China Holdings Ltd

Microsoft and Nvidia hit all-time highs

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Microsoft CEO Satya Nadella participates in an interview at the company’s headquarters in Redmond, Washington, on March 15, 2023. Chona Kasinger | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more

China’s property troubles are getting worse and need Beijing’s support

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Apartment blocks under construction in the Nanchuan area of Xining, Qinghai province, China. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to prevent it from deteriorating further, analysts said. Existing home prices fell in October by the … Read more