Sunshine sells 1.15 billion shares at the bottom of the price range it marketed to investors International institutional investors show greater interest in the offering than local retail investors …
Monthly Archives For December 2022
When China and Saudi Arabia meet, nothing matters more than oil
Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars of deals with the world’s largest oil…
GAC’s Ride Hailing Firm Ruqi Is Said to Pick Banks for HK IPO
Ruqi Mobility, Chinese state-backed automaker GAC Group’s ride-hailing firm, has picked banks including ABC International Holdings Ltd. for its planned Hong Kong initial public offering, according to …
China’s Economy Is In for a Bumpy Ride as Covid Zero Comes to an End
Three years after the first case of Covid-19 was reported in Wuhan, Chinese policymakers must now grapple with how to live with the virus while keeping the economy growing fast enough to stave off …
Beijing denies Chinese police station operating in New Zealand, as authorities probe allegation
Foreign Minister Nanaia Mahuta says claims China has a police station in NZ are ‘concerning’ and being investigated. China’s Embassy says it’s not true.
China buys Russian oil at multi-month low discounts, brushes off price cap
SINGAPORE, Dec 8 (Reuters) – China is paying the deepest discounts in months for Russian ESPO crude oil amid weak demand and poor refining margins even though the effective prices refiners pay could …
‘Too Many Positives!’: as China Rows Back COVID Curbs, Virus Fears Spread
Too Many Positives!’: as China Rows Back COVID Curbs, Virus Fears Spread By Bernard Orr and Ella Cao BEIJING (Reuters) – As many Chinese embraced new found freedoms on Thursday after the country …
Preserve the same cultural context | Hit it off at first sight! Youth in China look for treasure on the same screen
The Palace Museum, which has gone through ancient and modern times, carries on a cultural context. On December 8, Modern Express, a well-known Chinese media, released a video ( ). This early winter, …
In China, Luxury Shopping Faces Ongoing Headwinds
China’s zero-Covid policy has weighed heavily on the high-end market in 2022. In the wake of recent protests, is a recovery in sight?
Emerging trends driven by Blockchain: censorship resistance and nodes disrupting tech giants
In the twenty-first century, blockchain is the only practical route to privacy and censorship resistance Privacy and censorship resistance are not the …
Computing powers up in China
The comments came after China’s computing scale ranked second in the world, after the United States. By the end of June, the number of data center racks in use topped 5.9 million in China, and…
CX Daily: Beijing Stock Exchange Fights to Make Its Mark
Beijing Stock Exchange fights to make its mark. A stock exchange on the Chinese mainland intended to drive funding for innovative small and midsize ente …
China eases coronavirus restrictions after widespread protests, likely to scrap zero-Covid policy soon
The new measures in China limit the lockdown to individual apartment floors and buildings, rather than entire districts and neighbourhoods.