Old Navy, Bershka, Pull & Bear, Stradivarius, C&A, and Forever 21 have pulled back on the market with Gap possibly to follow soon. ( read original story …)
Monthly Archives For March 2021
China Sees 84 IPO Deals Withdrawn in First Quarter of 2021
Many Chinese firms are rushing to pull planned IPOs that they had hoped to push through this year after regulators moved to tighten requirements. Beijing’s focus on curbing financial risk and … ( read original…
China’s Baidu debuts in HK after $3.1bn IPO
Chinese search engine Baidu debuted on Hong Kong’s stock exchange Tuesday after raising US$3.1 billion in its initial public offering, the latest mainland tech giant to flock to the financial hub. ( read original story…
China producing 5 million doses of COVID-19 vaccines per day: Xinhua
BEIJING (Reuters) – China’s daily production of COVID-19 vaccines has reached 5 million doses, the official Xinhua news agency reported on Wednesday, citing comments from Minister of Industry and … ( read original story …)
China summons foreign diplomats in protest over sanctions
China says it summoned foreign diplomats in protest after the United States, the European Union, Canada and Britain jointly imposed sanctions on senior Chinese officials … ( read original story …)
Property developer in China accused of ‘consuming women, selling vulgarity’ for turning model’s bodies into floor plan brochures
A company in China has been halted from making further sales on a real estate development after using models as human brochures causes backlash. ( read original story …)
Xi visits rural property rights transaction center during east China inspection tour
FUZHOU, March 24 (Xinhua) — Xi Jinping, general secretary of the Communist Party of China Central Committee, visited a rural property rights transaction center in Shaxian District of Sanming City on … ( read original…
China’s $2.3 Trillion Hidden Debt Is Seen Climbing Even Further
China’s local governments had 14.8 trillion yuan ($2.3 trillion) of hidden debt last year, and the figure could climb even further this year, according to a government-linked think tank. ( read original story …)
China administered 80.46 million COVID-19 vaccine doses as of end-March 22
China has administered 80.46 million doses of COVID-19 vaccines as of end-March 22, the official Xinhua news agency reported on Wednesday. ( read original story …)
China to offer COVID-19 vaccine for foreign residents in Shanghai
Shanghai will offer COVID-19 vaccinations for foreign residents, local authorities announced late on Monday. It marks the first time a city in China has made its vaccine available widely to … ( read original story…
US Seen Falling Short Countering China’s Rising Geopolitical Clout
China’s multitrillion-dollar initiative is “unbound geographically … as well as the reauthorization of the Export-Import Bank. “There was a lot of rebranding, but there weren’t additional resources … ( read original story …)
Doubts overshadow Beijing’s pledge to vaccinate the developing world
Beijing has happily propagated the notion that China is leading the campaign to inoculate developing countries against coronavirus by donating its jabs while richer nations squabble over vaccine … ( read original story …)
Shelved IPOs Surge in China After Watchdog Tightens Scrutiny
China Weighs Tighter Rules on STAR Board IPOs, Fintech Curbs Yi Huiman, the head of China Securities Regulatory Commission, warned over the weekend about the risks of “hot money” flows, which he said … (…
