ZJLD Group’s IPO would be the largest in Hong Kong since electric-vehicle battery maker CALB’s US$1.3 billion listing in October. Only US$860 million has been raised in the city so far this year.
Monthly Archives For April 2023
China’s trade likely extended declines in March on weak demand
China’s exports and imports likely extended their declines in March, a Reuters poll showed on Wednesday, as weakening global demand squeezed factory supply chains and order books.
Tech: Alibaba, Alibabies and the future of China’s tech
This article first appeared in The Edge Malaysia Weekly on April 3, 2023 – April 9, 2023 YOU might recall the big business story in the week of the fiercest fought US presidential election, which…
Taiwan’s foreign minister says Beijing is preparing for war
CNN’s Jim Sciutto has an exclusive interview with Taiwan’s foreign minister about how China’s military exercises may be preparations for war against the island.
UPDATE 2-China to drop demand for development bank debt restructuring losses -source
WASHINGTON, April 11 (Reuters) – China is expected to drop its demand for multilateral development banks to share losses alongside other creditors in sovereign debt restructurings for poor countries, …
Webus Rides Bumpy Road To IPO Even As Travel In China Returns
In the face of stiff competition at home, Webus is also starting to extend its reach overseas. It began offering customized tour services in North America under the Wetour brand in March last year, …
Russia risks becoming China’s ‘economic colony,’ CIA chief says; U.S. faces angry allies over leaks
The leaked files exposed classified details on the Ukraine war as well as political and military affairs in the Middle East, China, South Korea and elsewhere.
China records world’s first human death from H3N8 bird flu, WHO says
A Chinese woman became the first person to die from the H3N8 subtype of avian influenza, which is rare in humans, the World Health Organisation said. A Chinese woman has become the first person to…
China to close airspace north of Taiwan April 16-18, sources say
China is planning to close the airspace north of Taiwan from April 16 to 18, four sources with knowledge of the matter said, a move that could disrupt flights around the region.
Sanctions-busting exporters sent $2 billion of tech to Russia through China, Hong Kong, and the UK in 2022
Reports find shipments spiked since sanctions were imposed, feeding Moscow’s appetite for high-end kit Russia has managed to import over $1 billion of technology despite international sanctions, …
China launches ecological environment satellite monitoring system
China has launched its ecological environment satellite monitoring system, according to the China Academy of Space Technology (CAST). The system is also a satellite constellation of gross ecosystem …
China’s trade likely extended declines in March on weak demand: Reuters poll
China’s exports and imports likely extended their declines in March, a Reuters poll showed on Wednesday, as weakening global demand squeezed factory supply chains and order books. Data for March is …
Japan to develop long-range missiles as tensions with China rise
Japan on Tuesday announced plans to develop and build an array of advanced long-range missiles as it bolsters its defenses amid increasing tensions with neighboring China.