HONG KONG — A slowdown in China’s initial public offering market is expected to persist through the year, forecasts show, as tighter regulations kick in. Total fundraising from Chinese IPOs had …
Monthly Archives For April 2024
Sephora Turns to Nike E-Commerce Exec to Overhaul China Business
Sephora tapped Nike Inc.’s Asia e-commerce chief to lead its China operations, as the cosmetics retailer faces the challenge of turning around its ailing mainland business.Ding Xia, who spent the past …
China Drains Cash Via MLF for Second Month Amid Yuan Concern
China withdrew cash from the banking system for a second consecutive month, signaling its caution toward monetary easing as currency depreciation pressures mount.
Financial de-risking remains key focus in future
China’s financial risks have been converging of late, but de-risking in the future will fundamentally depend on the stabilization and recovery of the economy. As the economy further improves, there …
China c.bank keeps policy rate unchanged, drains cash from banking system
The People’s Bank of China (PBOC) said it was keeping the rate on 100 billion yuan ($13.82 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged …
China’s chip equipment industry gains momentum in import substitution, alarming foreign suppliers
China currently relies heavily on imports for over 85% of its semiconductor equipment needs, showcasing a self-supply rate of only about 14%. Save my User ID and Password Some subscribers prefer to save their log-in…
China Vanke says it faces short-term liquidity pressure
State-backed China Vanke said it is facing short-term liquidity pressure and operational difficulty, but added that it has prepared “a basket of plans” to stabilise its business and cut debt.Vanke has …
Total solar eclipse 2024
A total solar eclipse, which was experienced Monday by millions of skygazers in parts of Mexico, the United States and Canada, has concluded its path over North America.
China central bank keeps policy rate unchanged, drains cash from banking system
China’s central bank on Monday left a key policy rate unchanged as expected when rolling over maturing medium-term loans and drained some cash from the banking system through the bond instrument. The …
As Solomon Islands’ election looms, China’s influence on the Pacific country draws scrutiny
The security deal with Beijing agreed by PM Manasseh Sogavare is under the spotlight ahead of the 17 April vote …
China completes new round of tests on reusable liquid rocket engine
[iSpace/Handout via Xinhua] BEIJING — China has been actively developing space propulsion technology in recent years, and the latest achievement is successful ground ignition tests of a 130-tonne …
Germany’s economy is still doing bad – and now China is in it
The Chancellor’s willingness to extend an olive branch to China could, however, stir discontent among allies like the US and the EU, who are increasingly wary of China’s substantial subsidies to its …
China detains two over boat capsizing that killed 12 tourists
Two people have been detained following the capsizing of a tourist boat on a river in northeastern China that led to the drowning deaths of 12 visitors, state media reported Sunday.
