The IPO rush on Wall Street has been going strong so far in 2021 … The company has been operating in China and once faced competition from Uber, before the latter exited China. Didi operates…
Monthly Archives For June 2021
First coronavirus case likely appeared in China weeks before documented, UK study says
The first case of the coronavirus likely appeared in China between early October and mid-November of last year, weeks before the first official case was reported in Wuhan in December, a new study from …
First coronavirus case may have emerged in early October 2019
According to new research, however, the coronavirus may have arisen more than two months earlier. The infectious outbreak has long been linked to a live animal market in Wuhan at the end of 2019. Many…
MVRDV Begins Renovation of Shenzhen Tower
Work has begun for MVRDV’s renovation of Shenzen Women & Children Centre, a mixed-use tower featuring an array of public functions, now in need of a comprehensive transformation. Constructed during …
This Futuristic Floating Tower May One Day Become a Landmark in Shenzhen
Architects finally revealed their design for a massive floating tower designed to sit on the bay of Shenzhen’s Qianhaiwan district and it is exactly what o …
‘Red Tourism’ Flourishes in China Ahead of Party Centennial
New and improved attractions dedicated to the Communist Party’s history, or a sanitized version of it, are drawing crowds.
Update: China’s car-hailing giant Didi Chuxing seeks $4 billion in US IPO
VCG. China’s online car-hailing giant Didi Chuxing has set a price range of between $13 and $14 per American Depositary Share (ADS) for i …
China touts role in UN peacekeeping, Middle East peace
Foreign Minister Wang Yi said China remains deeply committed to United Nations peacekeeping efforts, where more than 2,400 Chinese troops and police are serving — a contribution that underscores China …
Late Philippine leader hailed for integrity, guts vs China
Late Philippine President Benigno Aquino III was hailed Friday for his integrity in a Southeast Asian nation long plagued by corruption and for standing up to China over long-raging territorial …
Didi Global IPO to raise up to $4 billion fully covered in US
Didi Global IPO to raise up to $4 billion in the US has been covered on the first day of its bookbuild, sources say.
Didi’s $4 billion U.S. IPO fully covered – sources
Didi Global Inc’s initial public offering (IPO) to raise up to $4 billion in the United States has been covered on the first day of its bookbuild, according to four sources with direct knowledge of…
Nike boss defends firm’s business in China
The boss of Nike has made a robust defence of the firm’s business in China after facing a consumer boycott there. Chief executive John Donahoe said “Nike is a brand that is of China and…
China will lower payment fees for small firms from Sept 30 – PBOC
China’s central bank said on Friday that it would lower payment fees for small firms from September 30, including for bank account services, yuan settlement and electronic banking.
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