China and the United States last week said they were reviving talks ahead of this week’s meeting between presidents Donald Trump and Xi Jinping, cheering financial markets hoping for a de-escalation … ( read original…
Monthly Archives For June 2019
Manufacturer Latest To Reach China’s Billionaire Ranks After IPO
A 110% rise in the share price of industrial goods manufacturer Jiangsu Guomao Reducer after its IPO this month has lifted its founder into the ranks of the world’s billionaires. Guomao Chairman Xu … (…
Hong Kong behind NYSE, Nasdaq in IPO rankings in first half of 2019 as extradition bill and trade war weigh on sentiment
Hong Kong’s stock market is expected to rank third, and Shanghai fourth, in global IPO market rankings for the first half this year, according to latest analysis by Deloitte China’s National Public … ( read…
China’s WeDoctor shelves overseas listing over data concerns
Souring sentiment in China has derailed plans for initial public offerings at facial recognition companies that also have government contracts. Alibaba-backed Megvii put plans to raise as much as $1bn … ( read original story…
Nutraceutical producer Happiness Biotech sets terms for $13 million IPO
Happiness Biotech Group, a China-based nutraceutical and herbal dietary supplements producer, announced terms for its IPO on Friday. The Nanping, China-based company plans to raise $13 million by … ( read original story …)
China Would Fight Trade War ‘to the End,’ State Media Says
(Bloomberg) — China has the strength and patience to withstand the trade war, and will fight to the end if the U.S. administration persists with it, China’s state-run People’s Daily said in an … (…
Amazon’s Merchants Are Feeling the Pain of a Trade War With China
Over the past several years, Shanghai entrepreneur Yung Lin has built a decent business selling wrenches, screwdrivers and other tools on Amazon.com. Then President Donald Trump imposed tariffs on … ( read original story …)
Hong Kong’s relationship with Beijing has been changed forever
The relationship between the people of Hong Kong and Beijing has changed forever. Hong Kong has not gone according to Beijing’s playbook. While no evidence supports the view that Chief Executive … ( read original…
China’s Wanxiang partners with PlatON to power ‘blockchain smart city’
Chinese automotive component manufacturer Wanxiang has partnered with global privacy-preserving computing network PlatON to co-develop the data infrastructure for China’s largest smart city project in … ( read original story …)
FedEx admits another error with Huawei packages, may get put on China’s ‘unreliable entities list’
A company spokeswoman confirmed that the package was U.S.-bound but declined to say what it contained. China’s Global Times newspaper said in a tweet that FedEx is likely to be added to China’s … (…
China’s Qu Dongyu elected as new FAO general director
Qu has also been in charge of China’s agri-business co-operation with Asian, African and Latin American countries and China’s main trading partners of produce. … ( read original story …)
Tech companies ask to be excluded from the China tariffs
WASHINGTON, D.C. – Technology companies have been feeling the sting of the escalating trade war between the United States and China. Now, they’re trying to avoid a proposed new round of tariffs that … (…
Rodrigo Duterte thought he had an understanding with Beijing, then came the Reed Bank collision
“Just when I thought I was out, they pull me back in,” Michael Corleone famously says in The Godfather Part III as he realises that seemingly resolved problems have returned with a vengeance. In many…
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