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Monthly Archives For December 2022
Geely brand ZEEKR quietly files for US IPO seeking valuation over $10 billion
Having only been established in March of 2021, ZEEKR remains a relatively young luxury EV automotive brand in China. It exists under the Zhejiang Geely Holding Group Co., Ltd umbrella, better known as …
Geely’s premium electric car brand Zeekr seeks more than US$1 billion in US IPO: Sources
Zeekr, Chinese automaker Geely’s upmarket electric car brand, has confidentially filed for a US initial public offering, aiming to raise more than US$1 billion, three sources with direct knowledge of …
China’s U.S. envoy expects easier travel to China in near future
China’s ambassador to the United States on Monday said he believes China’s COVID-19 measures will be further relaxed in the near future and that international travel to the country will become easier.
China’s Semiconductor Industry Is About to Suffer Another Major Blow
Japan and the Netherlands are expected to agree to only supply China with machines capable of producing 14nm chips, which are three generations behind the state-of-the-art semiconductors.
China launches suit at WTO against U.S. chip export curbs – Global Times
China on Monday launched a suit at the World Trade Organization over against the United States over its chip export control measures, the state-backed Global Times said in a tweet on Tuesday, citing …
Geely’s premium electric car brand Zeekr files for US IPO to raise more than $1B
Zeekr is one of the premium electric car brands under the Chinese automaker, Geely. It files for a US initial public offering.
China’s Xi Slap Bang In The Middle Of A Major Crisis
China is indeed in the grip of a rare challenge to the authority of President Xi Jinping with a Tiananmen-type fear loomi …
China Is Trying to End America’s Petrodollar Monopoly
Xi Jinping’s proposal to settle energy trade with Gulf Arab nations in Chinese yuan may be a signal of things to come.
China Nov new bank loans jump to 1.21 trln yuan, below forecast
New bank lending in China rebounded less than expected in November from the previous month, as the central bank seeks to bolster slowing growth in the world’s second-biggest economy. Chinese banks …
Scope Asia signs MOU with China’s largest travel platform, Mafengwo
Scope Asia, a blockchain company better known as the parent company of Vacuum Coin, joins hands with China’s largest online travel platform, Mafengwo, to provide services to travelers with its travel …
China arrests 63 in $1.7 billion crypto money laundering scheme
Police in northern China have arrested 63 people accused of laundering nearly $1.7 billion worth of Chinese Yuan using cryptocurrency.
Premium Geely electric car brand Zeekr plans to raise over $1 billion through an IPO in the United States
Three people with direct knowledge of the situation, Zeekr, one of the Chinese manufacturers of premium electric car brands of Geely …