The curbs, which primarily target share sales and placements by publicly-traded companies, are part of the latest efforts by financial regulators to bolster confidence in China’s US$9.6 trillion stock …
Monthly Archives For November 2023
EXCLUSIVE-Geely’s Zeekr edges closer to U.S. IPO, to make filing public this week – sources
Zeekr, Chinese automaker Geely’s premium electric car brand, plans to make public a filing to list its shares in New York this week, according to two sources with direct knowledge of the matter, …
Wuxi Biologics Unit’s Hong Kong IPO Closes Order Book a Day Early, Sources Say
A unit of Wuxi Biologics closed its order book a day early for its initial public offering, people familiar with the matter said, a rare instance of hot demand in a choppy year for listings…
Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 kicks off in Beijing
BEIJING, Nov. 9, 2023 /PRNewswire/ — Themed “Better China Better World — Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits,” the Annual Conference of Financial Street Forum 2023 opened on Wednesday in…
Classic ballet “Giselle” to be staged in Beijing
The renowned American Ballet Theater will put on performances of the classic ballet Giselle at the National Center for the Performing Arts NCPA in B
Two foreign-funded insurance brokers approved to set up in Beijing
BEIJING – Two foreign-funded insurance brokerage companies have received regulatory approval to set up in Beijing, according to the annual conference of Financial Street Forum 2023. The two companies are BMW (China) Insurance Brokers Co…
The US to outlaw the use of China-made blockchains and Tether’s USDT in its new proposed bill
The United States intends to indefinitely do away with networks developed by China used in powering cryptocurrency transactions. The new development will be rooted in the new bipartisan bill that was …
Singles Day: China’s e-commerce giants try to lure reluctant consumers with ‘truly low’ prices
China’s wobbly economy has affected the world’s largest annual shopping event, and companies have launched an aggressive price war to woo customers. The Singles Day festival, also known as “Double 11, …
China’s Nov new yuan loans seen retreating, policy support in place: Reuters poll
China’s new yuan loans are expected to dip in October from the previous month because of seasonal factors, a Reuters poll showed, but the expected lending may exceed the year-earlier amount as the central bank…
China falls back into deflation territory; UK housing market downturn bottoming out – business live
Rolling coverage of the latest economic and financial news
With or without foreign investors, China deals will still get done
Chinese state-owned enterprises are stepping into this gap too. Hangzhou State-Owned Capital Investment and Operation Co. agreed earlier this year to buy Yingde Gases from a company controlled by PAG …
China Eastern Airlines hits new high in value of deals signed at CIIE
SHANGHAI, Nov. 9, 2023 /PRNewswire/ — China Eastern Airlines signed multiple procurement agreements at the 6th China International Import Expo (CIIE) on Nov. 6, with a record-breaking total value of over $2.5 billion. Fourteen agreements…
Agrochemicals group Syngenta indicates $10 bln IPO likely next year
has been pursuing an IPO for nearly two and half years. Its application passed a review by the listing committee of the Shanghai Stock Exchange in June, but still needs approval from China’s …
