Chinese vaping firm RLX Technology Inc sold shares in its U.S. initial public offering (IPO) on Thursday at $12 a piece, above its target range, to raise $1.4 billion, according to a person familiar ……
Monthly Archives For January 2021
Beijing launches mass testing as China reports slight drop in daily COVID cases
Beijing launched mass COVID-19 testing in parts of city on Friday, while Shanghai was testing all hospital staff, as China battles the worst outbreak since March 2020. ( read original story …)
Bitcoin leads $100 billion crypto sell-off right as Biden becomes president: CNBC After Hours
CNBC’s Kate Rooney breaks down what to expect from the Biden administration in terms of cryptocurrency regulation. ( read original story …)
Chinese Vaping Firm RLX Prices U.S. IPO Above Marketed Range
Chinese e-cigarette maker RLX Technology Inc. has priced its U.S. initial public offering above a marketed range at $12 a share, according to a person familiar with the information and asked not to be ……
China-US relations: angels can triumph over evil and get ties back on track, Beijing says
President Biden mentioned that the US needs to be repaired and healed. I think the same is true for Sino-US relations,’ foreign ministry spokeswoman says. ( read original story …)
China Tightens Grip on Homegrown Fintech Firms After Ant Debacle
In late 2020, as Jack Ma’s Ant Group Co. prepared for a $35 billion initial public offering, many outside China wondered if the country’s financial technology giants were becoming a global competitive … ( read…
Shanghai imposes tougher rules on city’s property market
China’s financial hub Shanghai will impose tougher regulations on its property market in response to a recent heating up of house trading in the city. ( read original story …)
China Welcome’s Biden’s WHO Return amid ‘Grim Situation’ of US COVID-19
“China always maintains that all countries should actively support WHO’s work and jointly safeguard international public health security,” Chinese Foreign Ministry spokesperson Hua Chunying said. ( read original story …)
China sanctions 28 Trump administration figures including Mike Pompeo, Peter Navarro, John Bolton and Steve Bannon – forbidding them from entering the country or doing business …
Peter Navarro (top right) and Steve Bannon (bottom right) are among 28 figures from the Trump administration sanctioned by Beijing on Wednesday. ( read original story …)
Newspapers Feature Stories on Biden in Beijing, China
China’s main, state-controlled newspapers, featuring front page stories on President Joseph Biden’s inauguration, are sold at a news kiosk in Beijing on Thursday, January 21, 2021. China sees the … ( read original story …)
Expert says Biden’s presidency creates opportunity for China and U.S. to reengage with each other
The Biden administration has inherited a complicated and, at times, tense relationship with China. In recent years, the two world powers have clashed over a range of issues from trade to the origins … (…
China revives conspiracy theory that links coronavirus with US army lab Fort Detrick as Beijing’s state TV suggests ‘something fishy’ was going on there
China’s state broadcaster CCTV told its millions of viewers that ‘something fishy’ was going on at the Fort Detrick lab, reviving the rumour that the contagion could have come from there. ( read original story …)
Will Biden ease the sky-high tension between the U.S. and China?
The chasm between the two superpowers deepened considerably over the last 4 years, but one veteran Chinese analyst sees clear opportunities “to reengage.” … ( read original story …)
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