According to Yang Chao, a strategist at China Galaxy Securities, the revision efficiency stands enhanced under the registration-based IPO mechanism. Therefore, the companies using this route may start …
Monthly Archives For March 2023
China self-driving start-up WeRide files for $674 million US IPO, sources say
WeRide was weighing IPO venues including the US and Hong Kong, Bloomberg News reported last year. The company was valued at about US$4.4 billion in a March 2022 fund-raising round. China’s private …
Utah congressman accuses intelligence agencies of being ‘afraid of confronting China’ over Covid-19 origins
Utah Republican Rep. Chris Stewart told the Deseret News he believes the investigation into the origins of COVID have taken this long partly because the U.S. intelligence agencies were “afraid of …
Fans call for public support for Shenzhen FC
Seven Shenzhen fans’ groups issued a letter on Tuesday urging public support for financially stricken Chinese Super League (CSL) side Shenzhen FC. “In 2023, Shenzhen FC is striving to survive by …
Beijing insists £200m nuclear submarine deal raises the threat of war
China has accused the UK, Australia and the US of embarking on a ‘path of danger’ by doing a deal to build a new generation of nuclear submarines. Beijing also labelled the £200million agreement a…
Xi tightens grip, hardens stance on US: Key takeaways from China’s annual political meetings
China’s most important annual political meetings wrapped up Monday, leaving leader Xi Jinping firmly at the helm of a superpower that appears more eager to push back against the United States than at …
Aukus submarine deal: Is conflict with China getting closer?
China has reacted with predictable anger to this week’s official announcement of the so-called Aukus pact. The details, unveiled on Monday in San Diego, bind together Australia, the UK and the US in a …
China Property Bulls See Silver Lining Behind Earnings Debacle
China property bulls are looking past what’s likely another disastrous earnings season for the nation’s embattled developers, betting on a recovery as green shoots emerge in sales. Sixteen of Hong …
China’s stable, resilient development boosts global confidence
Despite the severe COVID-19 pandemic, Panasonic’s business in China achieved a double-digit growth consecutively in fiscal 2020 and 2021, accounting for nearly 30 percent of the group’s profits. “It’s …
China will reopen to tourists for the first time since the COVID-19 pandemic
Starting Wednesday, China will open its borders to tourists again for the first time since the COVID-19 pandemic began. It will issue all visas in a effort to boost the economy and increase tourism to…
Social Commerce At SXSW 2023: What Brands Can Learn From China
China has been at the forefront of social commerce, with companies like Alibaba, WeChat and Taobao paving the way for a new era of online shopping. In contrast, brands …
China’s experience with mobile payments highlights the pros and cons of a cashless society
An increasing number of people are using mobile devices—their smartphone, a smartwatch or tablet—to pay for goods and services. Mobile devices allow people to complete transactions without using cash …
China to fully reopen to foreign tourists after 3 years of COVID restrictions
China will reopen its borders to foreign tourists for the first time after three years of COVID-19 pandemic restrictions. On Monday, China’s Embassy in the United States announced that the country …
