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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shanghai Stock Exchange filing (Reuters)

Reuters : China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shan...

29 December 2025

China's central bank unveils an overhaul of its digital yuan framework, including saying that commercial banks will soon begin paying interest on holdings (Timmy Shen/The Block)

Timmy Shen / The Block:
China's central bank unveils an overhaul of its digital yuan framework, including saying that commercial banks will soon begin paying interest on holdings  —  Partner offers  —  Quick Take  — China's central bank will allow commercial banks to pay interests on clients' digital yuan holdings …

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