Syngenta, which aims to raise about $10 billion from an initial public offering (IPO) in China, did not comment on the progress of its planned flotation, which was paused last year. But a source close…
Monthly Archives For April 2022
Chinese tech firm’s 890 per cent debut on Nasdaq underlines appetite for IPOs amid China’s efforts to defuse audit, delisting tensions
Ostin Technology, a low-key technology company, made an electrifying debut as the first Chinese stock offering in the US since February, underlining strong appetite even as regulatory officials …
How This Female Billionaire Managed To Sail Through China’s Property Slump – For Now
Wu Yajun, chairperson of real estate developer Longfor, now has a wealth of $15.2 billion. Compared with the 40% drop in net worth from 2021 levels suffered by Country Garden’s Yang Huiyan, 70% by …
China megacity mass-tests, cancels flights after suspected COVID-19 case
The Chinese megacity of Guangzhou cancelled hundreds of flights Thursday and launched mass testing of 5.6 million people after one suspected COVID-19 case, as the battle to contain the coronavirus …
China’s Covid lockdowns: What you need to know about restrictions hitting up to 165 million people
China has locked down its two biggest cities, the twin engines that power much of the nation’s economy, in a bit stamp out Covid-19 outbreaks.
China cracks down on price gouging amid food shortages
Authorities warn against lockdown profiteering in Shanghai, as fears in Beijing also prompt run on supermarkets …
China’s commuter workers struggle under lockdowns
STORY: For Chinese commuter workers on the outskirts of Beijing, waking up in the early mornings to travel miles away for work has gotten even tougher than before.(SOUNDBITE) (Mandarin) 62-YEAR-OLD …
China Cuts Coal Import Tariffs to Zero to Increase Supply
China will cut import tariffs for coal to zero from May 1 to March 31, 2023, to help guarantee energy supplies, the Ministry of Finance said in a statement. Most Read from BloombergFour European Gas…
Myanmar relaxes currency conversion order for traders at China, Thailand borders
The Central Bank of Myanmar (CBM) has extended the time span of compulsorily converting foreign currencies into kyats for exporters trading at the borders with China and Thailand.
China to cut coal import tariffs to zero from May 1
China will cut import tariffs for all types of coal to zero from May 1, 2022, until March 31, 2023, the Ministry of Finance said in a statement on Thursday.
Becoming a Dormant Business in China amid Difficulties: What You Need to Know
We discuss how businesses can apply for dormant company status in China, with information on applicability and legal consequences, besides a comparison with other commercial jurisdictions like the UK, …
Vanguard China Tie-up With Ant Has Bigger-Than-Forecast Loss
When Vanguard Group Inc. made a surprise retreat from China last year, the U.S. investing giant pinned its remaining hopes on a robo-advisory joint venture with billionaire Jack Ma’s Ant Group Co. The …
Emotional To Economic: The Costs Of China’s Zero-Covid Policy Summed Up
Many factories have been forced to shut at a time when businesses are already scrambling to keep up with soaring costs of everything from labour to raw materials.
