Hoymiles Power Electronics set its Star market IPO price at Rmb557.8 ($87.6) on Tuesday, the highest seen in the A-share market. The company is selling 10m renminbi-denominated shares, equal to 25% of …
Monthly Archives For December 2021
China Reports 94 New COVID-19 Cases
China has reported 94 new coronavirus (COVID-19) cases during the past 24 hours. China’s National Health Commission stated that the total number of COVID-19 cases reached 99,297, while the total …
Jiangsu Zeyu Intelligent Power debuts on Shenzhen Stock Exchange, rose 33%
Jiangsu Zeyu Intelligent Power (301179) opened at RMB 60 on its first day trading on the Shenzhen ChiNext Market, an increase of 36% from its IPO price of RMB 43.99.
Broad Far Reveals Four New Heated Tobacco Flavors at 2021 IECIE eCig Expo in Shenzhen
Broad Far launched two categories of heated tobacco sticks, including the classic series of Brown, Yellow, Blue, Lawn, Green, Ice-storm, as well as the enhanced series of Purple Beach, Carmine, Coral, …
China claims its authoritarian one-party system is a democracy — and one that works better than the US
As some 100 countries prepare to convene virtually for US President Joe Biden’s Summit for Democracy, China is busy trying to convince the world that it’s also a democracy — and its version is …
China’s central bank cuts relending rates for agriculture, small firms
China’s central bank on Tuesday announced that it has decided to lower relending rates for the agriculture sector and small enterprises by 0.25 percentage points starting from Dec 7. After the …
Communist Party’s policies cast shadow over China’s economy
The Chinese government hastaken an initiative to restore its glory. The local authorities have demanded that the industries use minimum energy and other consumptions. These immediate measures have …
China is reportedly tightening its grip on tech start-ups trying to tap foreign funding
China is drawing up a blacklist targeting new companies in sensitive sectors that use the variable interest entity structure, reported the Financial Times.
China Structured Finance Performance May Deteriorate in 2022
Fitch Ratings-Beijing/Hong Kong-08 December 2021: Fitch Ratings expects China’s 2022 RMBS asset performance to deteriorate, but we maintain a neutral performance outlook on Chinese auto ABS …
Fitch Ratings 2022 Outlook: China Structured Finance
Fitch Ratings expects China’s 2022 RMBS asset performance to deteriorate, but we maintain a neutral performance outlook on Chinese auto ABS transactions. We …
China important supporter of multilateral trading system: WTO official
China has been a staunch supporter of the multilateral trading system as an important member of the World Trade Organization (WTO), the WTO’s Deputy Director-General Zhang Xiangchen told Xinhua in a …
U.S. Trade And Immigration Policies Toward China Have Backfired
U.S. policies toward China on trade, immigration and semiconductors have backfired on America in harmful ways.
Weibo IPO: Chinese Firm’s Hong Kong Debut Tanks; Shares Trade 6% Below Issue Price
Immediately after listing, the shares of the Twitter-like Chinese application, Weibo, fell by more than 6% at $272.80 Hong Kong dollars ($34.98) per share.
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