Chinese nickel producer and trader Lygend Resources is aiming to raise around $600 million in a Hong Kong initial public offering (IPO), according to its prospectus published on Monday.
Monthly Archives For November 2022
Experts stress significance of China-US ties
More participation, communication expected in academic and other areas, they say at event Experts on China-United States relations have expressed their hopes and expect …
COVID-19 cases rising again in China
China is fighting numerous flare ups of COVID-19 and has reported 26,824 new local cases, nearing April’s peaks.
Woman artist’s Beijing exhibition showcases intriguing aspects of daily life
Shen Yuan’s works on show revolve around the complex and intriguing aspects of daily life. [Photo/Courtesy of the artist and Red Brick Art Museum] Shen Yuan’s solo exhibition, Angling, at Red Brick Art Museum in…
Mainland China reports first Covid-related deaths since the Shanghai lockdown
Three people died over the weekend after contracting Covid, the first deaths from the virus that mainland China has recorded since May.
Several Beijing Districts Shut Schools as China COVID Cases Rise
BEIJING (Reuters) – Students in schools across several Beijing districts buckled down for online classes on Monday after officials called for residents in some of its hardest-hit areas to stay home, as COVID cases in…
China increases ability to strike U.S. with sub-carried missiles
The Department of Defense issued its annual report on China’s military capabilities in November 2021, which suggested the People’s Liberation Army Navy, or PLAN, will soon gain the ability to target the continental U.S. from…
China confirms 1st COVID-19 death since May as authorities try to clamp down on rising cases
Sunday’s announcement brings China’s total COVID-19 death count to 5,227. That’s according to official figures released by the ruling Communist Party. The real number is likely much higher, given the party’s inveterate reputation for manipulating…
China reports 27,095 new COVID cases for Nov 20 vs 24,435 a day earlier
SHANGHAI, Nov 21 (Reuters) – China reported 27,095 new COVID-19 infections on Nov. 20, of which 2,365 were symptomatic and 24,730 were asymptomatic, the National Health Commission said on Monday. That …
South Korea Nov 1-20 exports tumble on weak demand for chips, China woes
South Korea’s exports for the first 20 days of November shrank 16.7% from the same period a year ago, dragged down by weak demand for chips and from China, customs agency data showed on Monday.…
MYEG signs 4-year agreement for international extension of China’s blockchain network
MY E.G. Services Bhd has inked a four-year collaboration agreement with the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology …
Nickel Products Supplier To EV Industry Poised To Become China’s Newest Billionaire
Lygend Resources & Technology, China’s largest nickel ore trading company, launched an IPO in Hong Kong today that seeks to raise up to HK$4.6 billion, or approximately $595 million. If successful, it …
Why China is a fertile investment ground for MNCs
Strategies successful in other markets are likely to prove outdated in China as customized designs, independent decisions and digitalization are more important to stay competitive, they said. Yet, …