Ahead of Nike’s upcoming earnings report, analysts say investors should remain cautious on the stock and the outlook of the brand for fiscal year 2023.
Monthly Archives For June 2022
Shanghai National Center of Testing and Inspection for Electric Cable and Wire’s IPO to debut on Shenzhen Stock Exchange
Shanghai National Center of Testing and Inspection for Electric Cable and Wire (301289) to start trading on the Shenzhen ChiNext Market Jun 22, tomorrow. The firm has issued 15.00 mln shares priced at …
Bahrain’s Mumtalakat eyes possible IPO for McLaren in next few years
Mumtalakat owns about 69% of Alba, the world’s largest aluminium smelter outside of China, according to information on the … skincare startup Mamaearth eyes $3 bln valuation in 2023 IPO – sources, …
Outbreaks of COVID-19 in China shift to the south
China’s COVID-19 outbreak is shifting to its south coast, with a flareup in Shenzhen triggering mass testing and a lockdown of some neighborhoods, while Macau — an hour’s drive away — is racing to …
100 Pakistan students leave for China to resume studies cut short by COVID-19
Image Credit: Supplied Islamabad: A total of 105 Pakistani students whose studies had been suspended for the last two years due to the COVID-19 situation and imposition of travel ban in China …
In Depth: To Keep Stimulus Flowing, China’s Local Governments Need a Budget Fix
For China, fixing a slowing economy may hinge on making sure local governments aren’t fixed for cash. In the wake of the country’s worst Covid outbreak since 2020, central government policymakers have …
Cobalt Gets Cheaper as China’s Buyers Suffer From Battery Slump
Cobalt prices are crashing back to earth as sellers offer increasingly steep concessions to Chinese buyers who have turned cold on the battery metal as demand slumps in electric vehicles and …
Fair market, favorable policies sharpen China’s edge as major global investment hub: multinationals
A predictable environment, tax cuts, simplified procedures and even a green channel for children to go to school, among other favorable and preferential policies, are the ways that China attracts …
China allocates 200 mln yuan for flood control
China on Tuesday earmarked 200 million yuan (about 29.92 million U.S. dollars) of central disaster-relief funds as rounds of rainstorms have battered the country’s southern areas. The emergency funds, …
Xinhua Headlines: Multinationals still full of confidence in China’s economy
China remains the world’s most appealing investment destination despite the near-term headwinds from the COVID-19 pandemic, noted representatives from multinational corporate giants and industry …
Firms Warn of Shipment Delays From China as U.S. Bans Xinjiang Imports
Companies say they fear the law that came into effect Tuesday aiming to prevent shipping of goods using forced labor is difficult and costly to comply with.
EU companies in China pay the price for Brussels stance on Xinjiang; doing business here is more ‘expensive and complex’
Doing business in China is becoming “more complex and expensive” for European firms which are finding themselves increasingly caught in the geopolitical struggle between the world’s second-largest …
New China Business Brief Podcast | Duncan Clark: Has China Become ‘Uninvestable?’
Duncan Clark, a vice-chair at the China-Britain Business Council and chairman of BDA China, speaks to Joe Cash on why he does not buy into the idea that China has become off-limits to foreign …