China’s markets regulator said on Tuesday it has fined a group of 45 firms, including Luckin Coffee, a combined 61 million yuan ($8.98 million) for acts linked to Luckin’s falsification of financial … ( read…
Monthly Archives For September 2020
China’s Ant Takes Another Step Towards $35 Billion IPO With Registration Move
The financial technology firm, backed by China’s biggest e-commerce company Alibaba Group , plans to list simultaneously on Shanghai’s Nasdaq-style STAR Market and in Hong Kong, in what sources have … ( read original story…
China will become carbon neutral by 2060, Xi Jinping says
Chinese President Xi Jinping pledged to go carbon neutral by 2060 and reach peak emissions by 2030 in a speach to the United Nations General Assembly on Tuesday. ( read original story …)
UN General Assembly: US-China tensions flare over coronavirus
Media caption Tensions between the US and China came to the fore of the annual UN General Assembly in New York, with US President Donald Trump blaming China for the spread of coronavirus. He called…
Hong Kong Traders Chased 1,600-in-1 Odds to Buy IPO That Flopped
One of Hong Kong’s most-popular initial public offerings among retail investors dropped in its debut, pouring cold water on the city’s red-hot sentiment over new listings. ( read original story …)
China-Made KN95 Masks Mostly Ineffective In Preventing Spread Of COVID-19, Study Says
A study released Tuesday by the largest patient safety non-profit in the United States found that KN95 masks are mostly ineffective in combating the spread of COVID-19. ( read original story …)
HSBC shares plunge to 25-year low on banks report, China fears
HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts including a potential threat to its expansion plans in China. The London-based … (…
China has no reason to approve ‘dirty’ TikTok deal – China Daily
China has no reason to approve the “dirty and unfair” deal based on “bullying and extortion” that Oracle Corp and Walmart Inc said they struck with ByteDance, the state-backed English-language China … ( read original…
Trump blasts China in video speech to U.N. General Assembly
President Trump delivered a pre-taped speech to the U.N. General Assembly on Tuesday and said the world must hold China “accountable” for the coronavirus. Rebecca Lissner joins CBSN to discuss that … ( read original…
U.S.-China Tensions Cloud U.N. General Assembly
World leaders appeared virtually at the United Nations General Assembly Tuesday amidst a global pandemic. WSJ’s William Mauldin looks at the key moments, including concerns over the widening rift … ( read original story …)
Dada Nexus Limited: This Recent IPO Stacks The Deck With JD.com And Walmart
The broad-based usage across China is very encouraging … Dada Nexus Limited has had an up and down ride since unveiling the IPO in June. Support currently sits around $21.50. ( read original story …)
China fires back at Donald Trump’s ‘groundless’ coronavirus attacks – ‘Political virus!’
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Zhang Jun issued a statement condemning the US President’s … ( read…
NBA Commissioner Adam Silver defends league’s business relationship with China
NBA Commissioner Adam Silver said Tuesday he thinks continuing a business relationship with China is a good way to export American values. ( read original story …)
