The US and China are running different playbooks. The US playbook has corporate partnerships, strategic initiatives, and M&A. China, meanwhile, is running a strategic and highly coordinated playbook … ( read original story …)
Monthly Archives For February 2021
Kuaishou IPO: live-streaming e-commerce holds promise for future profitability but remains clouded by regulatory uncertainty
Kuaishou’s live-streaming e-commerce business has set itself apart with celebrities and devoted fans willing to buy whatever they are selling, helping make the company Hong Kong’s hottest IPO ever. ( read original story …)
Qiming’s Kuang on Fundraising Environment in China
Qiming Venture Partners sees opportunities in health care and technology this year, with capital markets continuing to be conducive to the sectors. Speaking to Bloomberg after closing their latest RMB … ( read original story…
UPDATE 1-China sees new COVID-19 cases fall to more than 3-wk low
China reported the lowest daily increase in new COVID-19 cases in more than three weeks, official data showed on Monday, reversing a sharp uptick a day earlier, amid efforts to contain the disease … (…
Beijing’s top man in Hong Kong praises police as ‘loyal guardians’ of stability and national security
Luo Huining, director of the central government’s liaison office, makes an unprecedented visit to the force’s headquarters in Wan Chai and Tsim Sha Tsui Police Station. ( read original story …)
China’s push to control Americans’ health care future
U.S. officials say the Chinese government is trying to collect Americans’ DNA, and they believe a recent offer from a Chinese company for assistance in COVID-19 testing was suspicious. Jon Wertheim … ( read original…
Kuaishou IPO boosts biggest rival to China’s TikTok
He posts these short clips to an app called Kuaishou, the biggest rival in China to ByteDance, which owns TikTok and its Chinese sister app Douyin. Mr Gu’s charms have won him 74,000 fans, and…
China oil futures hit record levels
Activity in China’s oil futures market has risen to record levels as the country seeks to develop the role of its currency in a trade dominated by the US dollar. Open interest in oil futures…
HSBC must show moral backbone over China
Companies have no consciences. Their only job is to maximise shareholder returns within the law. That argument has simplicity (and convenience). Elements of it featured last week when members of the … ( read original…
How China is racing to collect Americans’ DNA
U.S. officials say the Chinese government is trying to collect Americans’ DNA, and they believe a recent offer from a Chinese company for assistance in COVID-19 testing was suspicious. Jon Wertheim … ( read original…
Homebuyers snub China Evergrande’s Emerald Bay project again as rivals outperform in Hong Kong sales
Weak response follows a similar flop in two earlier rounds of sales last year in the second phase of the Emerald Bay development in Tuen Mun, according to property agencies. ( read original story …)
China Focus: China willing to share nuclear technology for peaceful use: expert
China will further promote international cooperation on the peaceful use of nuclear energy, sharing technologies from its new third-generation reactor, which has just gone into commercial use, … ( read original story …)
Long queues in Beijing as mass testing launched to stem virus outbreak
Long queues form in Beijing for virus testing as China’s capital kicks off a drive to test two million people in 48 hours. The city is rushing to snuff out a new local cluster of…