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Monthly Archives For September 2024
Ctrl-Alt-Yield: Startup IPOs make a scorching comeback. But there’s a catch
Ten new age companies have made their stock market debuts in 2024 so far, including Go Digit, Awfis and Ola Electric. Their shares have maintained momentum post listing as well. But investors must …
American fast-food giants are going big on a China wager, betting they can get the country’s new middle class to love them back
“Sales are declining in Tier One and Tier Two cities because the market is too saturated,” Shaun Rein, founder of consultancy China Market Research Group, told Business Insider. “But there’s huge growth potential in the…
Good Media: “Sky City, Endless Possibilities” – Shenzhen’s Autumn Tourism Plan Released
On September 7, the global launch of Shenzhen’s autumn tourism plan, titled “Sky City, Endless Possibilities,” was held at the Sky Museum in Shenzhen. The plan introduces the “1+7+N” concept, …
China proposes negotiations with EU to resolve electric vehicle tariff dispute
China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.
In-depth: China’s finance for African renewables rebounds after two-year lull
In the past, the bulk of Chinese financing had been driven by the backing of China’s two policy banks – the Export-Import Bank of China (EXIM) and the China Development Bank (CDB) – and directed…
BMW Cuts Financial Targets on Recall Costs, Muted Demand in China
BMW lowered its financial targets for the year, citing a recall and market headwinds, including muted demand in China.
Indian foreign minister Jaishankar says “not closed to business from China”
India is not “closed to business from China”, but the issue is in which sectors the country does business with Beijing and on what terms, foreign minister Subrahmanyam Jaishankar said in Berlin on …
Beijing says US discriminating against Chinese biotech
The United State’s passage of a bill that aims to restrict business with Wuxi AppTec, BGI and other biotech firms was a “discriminatory” measure
Sixty countries endorse ‘blueprint’ for AI use in military; China opts out
About 60 countries including the United States endorsed a “blueprint for action” to govern responsible use of artificial intelligence (AI) in the military on Tuesday, but China was among those which did not support the…
XCHG prices $20.7M U.S. IPO
XCHG Limited (NASDAQ:XCH) has priced an initial public offering of about 3.33M American Depositary Shares (ADSs) to raise US$20.7M. Each ADS represents 40 Class A ordinary shares, par value $0.00001 …
China sets low bar for firms in new carbon market expansion plan
China’s plan to expand its carbon market to steel, cement and aluminium will cover 60% of its total climate-warming greenhouse gas emissions, but the relatively low bar set for companies could blunt its impact in…
China’s Football Association bans 43 people for life after corruption investigation
China’s Football Association says it has banned 43 people for life over allegations of match-fixing and other forms of corruption.
