Davis Polk partner Roshni Banker Cariello said inflation, geopolitical strife and poor market performance by companies that went public last year have all contributed to the slow IPO market this year.
Monthly Archives For September 2022
Asia’s richest man sees growing isolation for China
Indian billionaire Gautam Adani says that China “will feel increasingly isolated” and the “foremost champion of globalization” would find it hard to bounce back from a period of economic weakness.
China says it busted US$5.6B crypto money laundering ring
Chinese police have busted a large criminal group allegedly behind a 40 billion yuan (US$5.6 billion) crypto money laundering case, as the country steps up efforts to combat illicit fund flows. See …
World Bank gloomier on China, sees growth lagging that of East Asia for the first time since 1990
The World Bank said in its latest assessment of the developing economies of East Asia and the Pacific that it expects China to expand 2.8% in 2022. That …
Shenzhen government-owned firm steps in to complete four Evergrande projects
Embattled China Evergrande Group is working with a real estate investment and operations firm owned by the Shenzhen government to complete four property developments in the tech hub, the two companies …
Dating Apps Thrive in China, but Not Just for Romance
China has cracked down on many tech companies, but has allowed dating apps that provide social connections to flourish.
Rare protest in China tech hub over COVID-19 lockdown
BEIJING: Dozens of people have taken part in a rare protest in the southern Chinese tech hub of Shenzhen, social media footage shows, after officials announced a snap lockdown over a handful of …
‘Overinvested’ China healthcare sector set for shake up -top venture fund
Chinese healthcare and biotech firms are ripe for consolidation due to a sharp decline in valuations after the COVID-19 pandemic spurred over-investments in the sector, a leading local venture …
China’s biggest air show could take off again without C919 narrowbody jet
China will show off its homegrown civil and military aviation technology at the country’s biggest air show in November, the mayor of host city Zhuhai said on Tuesday, though there was no confirmation …
Some small businesses in China are eyeing expansion despite macro slowdown: Charles Li
Charles Li, founder and chairman of Micro Connect says many of China’s small consumer businesses are to seeking funds with the goal of opening news stores.
Billionaire Adani Says China Will Feel Increasingly Isolated
Billionaire Gautam Adani said China will feel increasingly isolated as rising nationalism, shifts in supply chains and technology curbs threaten the world’s second-biggest economy.
Russia plans to use digital rouble in settlements with China, says lawmaker
After launching a digital rouble early next year, Russia plans to use the currency in mutual settlements with China as it seeks to reduce Washington’s global financial hegemony, a senior Russian …
Global financial companies reassess business risks in China after escalation over Taiwan
Global financial companies, still suffering multibillion-dollar losses in Russia, are now reassessing the risks of doing business in Greater China after escalating tensions over Taiwan, Bloomberg …
