China’s Sichuan Kelun-Biotech Pharmaceutical is looking to raise $208.6 million in a Hong Kong initial public offering, according to a term sheet seen by Reuters. The company is selling 22.44 million …
Monthly Archives For June 2023
Biological Terrorism: China engineered Covid-19 “bioweapon” to purposely infect people, reveals Wuhan researcher
A researcher at Wuhan Institute of Virology has made astonishing claims about the coronavirus saying the virus was engineered by China as a bioweapon and tha …
Chinese government mouthpiece vows Beijing will ramp up drive for AI global supremacy
China is embracing the potential power of artificial intelligence and determined to emerge as the leading AI power, according to experts and Chinese state media.
Marketmind: Beijing leaves market guessing on yuan
A look at the day ahead in European and global markets from Wayne Cole. The People’s Bank of China seems to like being enigmatic, throwing the market a curve ball as it fixed the yuan…
China’s EV maker Zeekr opens orders for two luxury cars in Sweden, the Netherlands
China’s EV maker Zeekr, a unit of Geely Automobile , said on Wednesday two of its all-electric luxury SUVs are now available for pre-order in the Netherlands and Sweden.
Shein sent American influencers to China. Social media users are furious
A group of American fashion influencers and creators has received online backlash after they visited a model factory in China as part of a tour sponsored by Shein, an internet shopping giant, and …
India’s gearing up to be the new China, but even Elon Musk is finding it hard to crack into the market. Here are 5 reasons why.
Foreign investors interested in India face barriers in the form of red tape, high tariffs, powerful tycoons, and a national push for self-reliance.
Morning Bid: Beijing leaves market guessing on yuan
Dealers had thought the firmer fix on Tuesday meant Beijing was signalling it wanted the yuan’s fall to slow, or even stop. Now, not so much. The result has been a drop in the offshore…
China Mobile releases two self-developed RISC-V communications chips
China Mobile recently released the world’s first LTE-Cat.1 chip with pure self-developed RISC-V architecture, as well as its first pure self-developed mass-production cellular IoT communications chip, …
China Sidesteps Yuan Support After Currency Pulls Back From Lows
China stood back from supporting the yuan for a third day, triggering further declines, in a sign it may not yet be ready to draw a line in the sand for the weakening currency.
China’s tumbling industrial profits deepens economic gloom
BEIJING (Reuters) -Annual profits at China’s industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes of more policy support to …
Awesome Places to Admire Lotus Flowers in Shenzhen
If you love nature and photography, you can’t miss these fantastic spots to admire lotus flowers! This is the ultimate place in Shenzhen to see lotus flowers. Honghu Park is filled with various …
Hong Kong exiles in UK say ‘living in fear’ of Beijing
When artists Lumli and Lumlong fled Hong Kong in 2021 they didn’t tell a soul for fear of being reported and arrested before they could leave.It was after an exhibition in Hong Kong in May…