Hong Kong IPO candidate Hozon is rapidly burning through its cash, which fell to 2.8 billion yuan at the end of last year from 6.8 billion yuan in 2022 The EV maker’s overseas revenue grew…
Monthly Archives For July 2024
Hong Kong IPOs: PwC cuts 2024 fundraising prediction by 20% to US$10.2 billion
About 80 companies could list in Hong Kong this year, raising a total of HK$80 billion (US$10.2 billion), much lower than the HK$100 billion previously anticipated, PwC says.
China Dealt Major Trade Blow by Neighbor
China is Indonesia’s largest trade partner, with Chinese exports to the country more than doubling since 2016.
China Is Rapidly Expanding Its Surveillance Capabilities In America’s Backyard, Report Finds
China’s surveillance efforts off the coast of America’s shores are expanding, according to a new report from the Center for
Machine-A Rethinks China Strategy, Explores New Ways to Exist
The concept store originally from London has decided not to renew the lease at the current Shanghai location, which opened in 2022.
Biden administration flying ‘large charter flight’ of illegal immigrants to China
The Biden administration has begun flying illegal immigrants who came over the southern border back to China after a six-year hiatus in large charter plane repatriation flights. The Department of …
US Trade Deficit with China Smallest Since 2010?
U.S. President Joe Biden was responding to former President Donald Trump when he made this claim during the June 27, 2024 debate.
Cultural differences rarely affect global trade for China
It’s a widely accepted notion among economists that cultural differences can pose a significant barrier to trade. The larger the cultural gap between two countries — judging by differences in …
China and the Philippines hold crucial talks after chaotic confrontation in disputed South China Sea
China and the Philippines have held a crucial meeting to try to ease escalating tensions following their worst confrontation in the disputed South China Sea last month.
Norwegian man accused of spying for China appears in court
A Norwegian man appeared in an Oslo court on Tuesday to face accusations of espionage on behalf of China and will be detained for an initial four weeks, a police official said, in the latest…
China Vanke’s Home Sales Stall as Property Picture Blurs
China Vanke Co.’s home sales saw growth stall in June, amid signs of improvement elsewhere in China’s beleaguered housing market.
Russia has become so economically isolated that China could order the end of war in Ukraine
It is hard to win a war with only North Korea and Iran on your side. In short, this means that China is now in a position to demand anything from Russia …
Polestar posts loss, plans steps to offset tariffs on China-made EVs
Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a first-quarter operating loss on Tuesday …
