Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range in what could be Hong Kong’s biggest listing this year.
Monthly Archives For September 2024
Xi may meet Zelenskiy, Ukrainian attendee says, as Beijing defence forum opens
Chinese President Xi Jinping could meet his Ukrainian counterpart Volodymyr Zelenskiy next month, a former Ukrainian official said in Beijing on Thursday at the opening of China’s biggest annual …
China real estate sector: Policymakers are focused on ‘risk containment,’ Goldman says
Kenneth Ho, head of Asia credit strategy research at Goldman Sachs, says “if there are government policies directed more towards cleaning up the excess inventory in the real estate sector, we think …
China sets some global standards for 6G tech as it looks towards next-gen communications
China has established three pivotal 6G technological standards under the auspices of the International Telecommunication Union (ITU), marking a significant advance in setting the international …
Sam’s Club, Lululemon Among Brands Defying China Consumption Dip
Amid anemic consumer demand in China, some brands are still seeing double-digit sales growth in signs that it’s not all gloom and doom in the world’s no. 2 economy.
Blacklisted Chinese AI GPU champ Biren preps for IPO at $2.19B valuation
Nvidia’s China-based rival Biren hires an investment bank to prep for an IPO at a $2.19 billion valuation while being blacklisted by the U.S. government.
China’s secretive space plane has returned to Earth. Its mission? Unknown
A Chinese “reusable experimental spacecraft” believed to be the country’s secretive space plane has landed back on Earth after more than eight months in orbit – the latest development in a largely …
China’s Xi Jinping to visit Russia next month for the BRICS summit
MOSCOW (AP) — Chinese leader Xi Jinping will visit Russia next month for a summit of the BRICS bloc of developing economies, China’s Foreign Minister Wang Yi confirmed Thursday, a move that comes as …
China’s business climate floundering, India a key de-risking alternate for USA Inc, says this report
It is increasingly getting riskier to do business in China, according to a report by American Chamber of Commerce in Shanghai.
China’s plan to boost consumption by encouraging trade-ins has yet to show results
Several major cities and provinces have only in the last few weeks announced details on how the trade-in program would work for residents.
Attempt to boost demand stifled by wall of austerity
Finance chiefs in Beijing are testing new ways to boost the economy by encouraging demand, breaking with long-established practice as threats to the country’s growth target mount.
China’s defence minister asks major countries to take lead in safeguarding global security
China’s defence minister Dong Jun said on Friday that major countries must take the lead in safeguarding global security.
Kantar ranks China’s most valuable brands
The total value of the 2024 Kantar BrandZ Top 100 Most Valuable Chinese Brands Ranking falls by 4 percent this year, a welcome leveling-off since the previous two years saw double-digit percentage …
