CMC raised 10 billion yuan (US$1.5 billion) in Series A fundraising in 2018 with the financial backing of investors including Tencent Holdings, Alibaba Group Holding (owner of the South China …
Monthly Archives For April 2021
AliExpress Russia looks at possible IPO, reports $3 billion in transaction volumes
Online retailer AliExpress Russia on Wednesday said an initial public offering was a possible step for the company, which reported gross merchandise volume (GMV) of $3 billion for the 2020-21 …
Over 145m COVID-19 vaccine doses administered across China
BEIJING — More than 145.39 million doses of COVID-19 vaccines had been administered across China as of Tuesday, the National Health Commission said Wednesday.
China researchers face abuse, sanctions as Beijing looks to silence critics
Xu, part of a team documenting abuses of Uyghurs in China’s Xinjiang region last year, was a traitor, a pawn controlled by the West, or a “female demon.” Queries for her name turn up thousands…
AliExpress Russia looks at possible IPO, reports $3 bln in transaction volumes
A joint venture launched in 2019 with China’s Alibaba BABA.N and Russian partners … benefit as supply chains adjusted to new travel restrictions. The company said an IPO was a possible step, but …
Clean Science and Technology files ₹1,400-cr IPO papers
including China, Europe, the United States of America, Taiwan, Korea, and Japan. Nearly two-thirds of the company’s revenues come from exports. Axis Capital, JM Financial and Kotak Mahindra Capital …
China’s Ruili launches second citywide nucleic acid testing
Ruili City, southwest China’s Yunnan Province, on Tuesday launched its second … On Monday, the city added three high-risk and three medium-risk areas for the COVID-19 outbreak. It also launched a …
US seeks allies for boycott of Beijing Winter Olympics in 2022
The United States is considering boycotting the 2022 Winter Olympics in Beijing, a state department spokesman said yesterday amid mounting international criticism of China’s human rights abuses.Ned …
China’s yacht industry shows potential
So we think that rental services will become more popular in China,” said Yan Yaya, president assistant of China Visun Real Estate, which runs one of the biggest yacht companies in China. “The …
Nissan’s China passenger and light vehicle sales jump 70.6% in first quarter
Nissan Motor Co’s passenger and light vehicle business in China increased unit sales by 70.6% year on year in the first three months of 2021, the company said in a statement on Wednesday. The division…
Deliveroo shares rally a touch on first day of full trading after disaster IPO
Beijing, which can’t afford to let its attack on civil liberties … helped by a series of fundraisings and IPO work. The FTSE 100 was set to rise modestly today after markets braced for the…
CSRC Asks Haitong, Citic, CICC to Rectify After Poor Star Market IPO Work
The China Securities Regulatory Commission yesterday announced 40 administrative punishments. Some of the IPOs were completed while some applications were withdrawn. Many Chinese firms took back their …
China’s capital is color-coding buildings to boost Covid-19 vaccination levels
Beijing is leading the campaign to to ‘green code’ its buildings, putting up green circular signs that indicate more than 80% of those working in the building have been vaccinated.
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