While the offer at HK$5 per share is at a premium to market, Blackstone will be picking up Soho’s assets at about 40 per cent discount to net asset value of HK$8.37 per share at…
Monthly Archives For June 2021
China’s COVID-19 vaccines are being called into question after infections surged in countries using Chinese shots
Three highly vaccinated countries have seen a surge in cases with the shots, prompting uncomfortable questions for their Chinese manufacturers.
China Steps Into Covid-19 Vaccine Void in Asia’s Developing Nations
Shots developed by Chinese companies have been a conspicuous part of the rollouts in the first half of 2021, helping Beijing strengthen ties with countries in the region.
China’s Mobile Phone Sales Slide for Second Month in May After First-Quarter Surge
China’s mobile phone sales fell for a second month in a row in May, dropping 32 percent from a year earlier, after sales more than doubled in the first quarter. Some 22.97 million handsets were…
Vietnam: Fruit export to China sees increase
According to the country’s Ministry of Agriculture and Rural Development on Wednesday, June 16, Vietnam’s fruit export to China enjoyed burly increase …
Vietnamese fruit export to China increases in Jan.-May period
Jun. 16 Vietnam’s Ministry of Agriculture and Rural Development said that the country’s fruit export to China saw robust expansion in …
Vietnamese growers incur big losses as export channels to China get stuck
Prices of Vietnamese fruits and vegetables have plummeted because they cannot be exported to China. In fruit centers, farmers are incurring big losses despite bountiful crops. The country …
China’s Guangdong COVID-19 restrictions to hit exports near-term
Pandemic-related restrictions imposed in Guangdong, China in May are expected to slow down exports in the near term, as the province account for nearly a quarter of the country’s total shipments …
DiDi IPO: Everything you need to know about Didi
What do we know about the DiDi IPO? DiDI filed for its US IPO on June 10 2021 with an expectation to raise around 8 to 10% of its pre-IPO valuation. This could mean a…
China: companies pivot away from study abroad
Covid-19 has resulted in large numbers of Chinese businesses pivoting away from study abroad services, research from the market intelligence agency BONARD has shown. BONARD found that many Chinese …
China releasing metals stockpiles in bid to cool inflation
The Chinese government says it will release copper, aluminum and zinc from stockpiles to increase market supplies in a fresh effort to restrain surging prices that officials warn might disrupt a busin …
China Blasts ‘Condescending’ U.S. and EU After Joe Biden Secures Firm Statement
Joe Biden’s post-summit statement with the EU addressed the “systemic rivalry” with China and touched on issues ranging from human rights in Xinjiang and Hong Kong to security in the Taiwan Strait.
China to release metal reserves to tackle price and shortage fears
The National Food and Strategic Reserves Administration has said it will dispense batches of copper, aluminium and zinc …
