The cracks in China Telecom’s onshore stock so soon after its 54 billion yuan (US$8.3 billion) public offering offer a stark reminder to traders that offshore investors still matter when it comes to …
Monthly Archives For August 2021
China’s Appetite for Corn and Soybeans Continues to Grow
Limited arable land and a population of over 1.4 billion make food security an ongoing challenge in China. For now, the country continues to rely on overseas agriculture markets.
Court in China rules crypto ‘not protected by law,’ Lympo to sell sports star NFTs: Blockheads
A court in China ruled that crypto investments are “not protected by the law.” Suzhou completed a digital yuan trial on autonomous buses …
China’s critical data rules are not aimed at firms planning foreign IPOs, regulatory official says
Chinese regulators have stepped up their oversight of internet platforms in recent months and have signaled that they want to sharpen their scrutiny of overseas listings …
India pips US to rank second in list of most attractive manufacturing hub globally; China first
China remains at number one position, the consultant said in its 2021 Global Manufacturing Risk Index, which assessed the most advantageous locations for global manufacturing among 47 countries in …
China Eyes $1 Trillion of Minerals With Risky Bet on Taliban
When the U.S. invaded Afghanistan in 2001, the global economy looked a lot different: Tesla Inc. wasn’t a company, the iPhone didn’t exist and artificial intelligence was best known as a Steven …
Huna chief to postpone corona booster vaccination for two months
Governments worried about rising corona cases despite lockdown in Australia-Singapore Budapest: World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus has called on the world’s leading …
Porsche Race to Shenzhen: Barty leads big – behind it it gets tight
Ashleigh Barty is inviolable in first place in the race. The Wimbledon winner has already collected more than 6,200 points this season, while no other player has even 4,000 annual points to show.
Anhui Chaoyue Environmental Protection Technology debuts on Shenzhen Stock Exchange, rose 119%
Anhui Chaoyue Environmental Protection Technology (301049) opened at RMB 47 on its first day trading on the Shenzhen ChiNext Market, an increase of 143% from its IPO price of RMB 19.34.
Chengdu RML Technology debuts on Shenzhen Stock Exchange, rose 365%
Chengdu RML Technology (301050) opened at RMB 270 on its first day trading on the Shenzhen ChiNext Market, an increase of 345% from its IPO price of RMB 60.64.
Fitch Revises Rating Watch on Huarong Financial Leasing to Evolving
Fitch Ratings has revised the Rating Watch on China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term Issuer Default Rating (IDR) of ‘BBB-‘ to Evolving (RWE) from Negative …
China’s Pinduoduo misses quarterly revenue expectations
Chinese e-commerce platform Pinduoduo Inc missed Wall Street expectations for quarterly revenue on Tuesday, hit by tough competition from larger rivals like Alibaba and JD.Com to tap into the pandemic …
China Ride-Hailing Giant Didi Puts Europe Expansion on Hold
Didi Global Inc. suspended plans to expand in Europe partly because of government concerns over how the Chinese ride-hailing company handles passenger data, according to a person familiar with the …
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