Daqo New Energy Corp., a leading manufacturer of high-purity polysilicon for the global solar PV industry, provided updates on the status of the proposed initial public offering and listing of the … ( read original…
Monthly Archives For February 2021
Shenzhen-based Kaisa Group’s Kwok Hiu-ting becomes largest shareholder of Sing Tao News Corporation after US$47.7 million deal
The 26-year-old vice-chairwoman of Shenzhen-based developer Kaisa Group’s property management unit has become the single largest shareholder of Sing Tao News Corporation, which owns the oldest Chinese … ( read original story …)
Shenzhen’s GDP growing 3.1% to $429 billion in 2020
Photo: Zhang Dan/GT Shenzhen’s GDP grew by 3.1 percent to reach 2.77 trillion yuan ($429 billion) in 2020, placing the citythe third in terms of GDP aggregate among major Chinese cities that have … (…
Europe’s Economy Falls Further Behind U.S. and China. ‘It’s Getting Desperate.’
The eurozone’s economy is diverging sharply from the U.S. and China, as stubbornly high coronavirus infections, extensive Covid-19 restrictions and a painfully slow vaccine rollout delay Europe’s … ( read original story …)
Alibaba founder Jack Ma is left off Chinese state newspaper’s leading entrepreneurs list after falling out of favour with Beijing
Mr Ma had disappeared from the public eye for more than two months over a speech critical of China’s financial system. He re-appeared last month in a video praising China’s poverty alleviation efforts … (…
Jack Ma’s Ant Posts $2.3 Billion in Profit Before Halt of IPO
Billionaire Jack Ma’s Ant Group Co. delivered about 14.5 billion yuan ($2.3 billion) in profit in the quarter right before Chinese regulators brought down the hammer on the financial technology … ( read original story…
Coronavirus pandemic has made the US more dependent on China, and cut chances of decoupling
The Biden administration looks set to continue many aspects of Trump’s China policy, but Washington’s ability to contain its economic rival has been greatly reduced by the pandemic. ( read original story …)
China Uses Climate Change To Threaten Joe Biden Administration
China previously suggested it would not work with President Biden on climate unless the U.S. backs down from Beijing’s domestic politics. ( read original story …)
China Mobile opens Frankfurt data center
China Mobile International Limited has opened a new data center in Frankfurt, Germany. The purpose-built Tier III certified facility is located in Mörfelden, to the southwest of … ( read original story …)
Jack Ma Left Off China State Media’s List of Tech Luminaries
Jack Ma was conspicuously absent from a list of China’s entrepreneurial greats published by state media Tuesday, underscoring how the iconic Alibaba co-founder has run afoul of Beijing. ( read original story …)
Ant Posts $2.3 Billion in Profit Before Halt of IPO
Billionaire Jack Ma’s Ant Group Co. delivered about 14.5 billion yuan ($2.3 billion) in profit in the quarter right before Chinese regulators brought down the hammer on the financial technology … ( read original story…
Jack Ma’s Ant Posted $2.3 Billion Profit Before Halt of IPO
Billionaire Jack Ma’s Ant Group Co. delivered about 14.5 billion yuan ($2.3 billion) in profit in the quarter right before Chinese regulators brought down the hammer on the financial technology … ( read original story…
Alibaba Q3 2020: Revenue tops $33 billion as retail climbs, cloud business moves to profit
Alibaba Group reported Q3 2020 results (.PDF), ending December 31, 2020, of $33.8 billion, up 37% year-over-year, with diluted earnings per share (EPS) (AD … ( read original story …)
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