Manycore Tech Inc., a maker of 3D design software, is preparing to file for a Hong Kong initial public offering as soon as this year to raise as much as $200 million, people familiar with…
Monthly Archives For July 2024
China’s Third Plenum Leaves Investors Longing For More Specifics
China concluded its Third Plenum, a key economic policy-setting meeting, but the initial reaction to its priorities has been lacklustre.
Watch: Donald Trump again calls Covid-19 ‘China virus’
Donald Trump, during the final night of the Republican National Convention, revived a controversial term from the Covid-19 pandemic by referring to the disease as the “China virus”. The statement …
China calls for bolstering tech ‘breakthroughs’ and achieving the full-year growth target
China’s leaders doubled down on boosting domestic technology in a high-level meeting called the Third Plenum that ended Thursday, according to a readout. State media said the meeting of the Chinese …
Delistings outnumber IPOs in Hong Kong so far this year
HONG KONG — Kin Yat Holdings, a Hong Kong electronics manufacturer and trader that listed before the territory returned to China in 1997, is planning to go private as its mainland businesses, from …
China’s economic recovery not strong enough, Communist Party official says
China’s economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and economic affairs on …
China’s cooking oil scandal prompts residents to buy oil presses amid food safety concerns
A food safety controversy over cooking oil has sparked widespread anger among the public — and locals are taking it into their own hands to procure supplies.
Has China, after long-awaited third plenum, given its market a demotion?
After assigning a ‘decisive role’ to the market in previous meetings, this year’s third plenum communique has removed that wording, leading observers to wonder how the change will play out in policy.
Super cheap robotaxi rides spark widespread anxiety in China
Self-driving cars, commonly called robotaxis, are being popularized at cut-throat prices in Wuhan, a sprawling metropolis of over 11 million people in central China where the first major outbreak of Covid-19 emerged in 2020. It…
China to start anti-dumping duties on propionic acid products from US
China’s Ministry of Commerce said on Friday it will implement anti-dumping duties on propionic acid products originating from the United States for five years from July 21. The anti-dumping duties are set at 43.
China quants defend sector amid calls to ban algorithmic trades
CHINA’S top quantitative hedge funds are defending the beleaguered industry against pundit calls to ban algorithm-driven trading following regulatory tightening. Read more at The Business Times.
Research at Risk: China’s Struggle to Maintain Its Innovation Edge Amidst Slowing Economy
China, long hailed as the world’s factory, is witnessing a slowing economy. Its tepid growth has caused concern among economists and policymakers. China’s economic slowdown is influenced by several …
Oil Declines as Focus Turns to China’s Slowdown, Supply Outlook
The end of China’s Third Plenum this week brought few signs that the top leadership is preparing to unleash major steps to boost demand or arrest the nation’s property slump. OPEC+ delegates, …
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