Disgruntled investors and homebuyers voice their anger at headquarters as company appoints advisers and says firesale of assets won’t cover debts …
Posts By admin
Ximalaya files for HK IPO
China’s leading online audio platform Ximalaya Inc filed for an initial public offering in Hong Kongon Monday after dropping its listing plans in the United States. The Shanghai-based company lodged …
China’s latest outbreak linked to primary school
China has seen a new surge in coronavirus cases, linked to a primary school in Fujian province. Initial reports suggest the outbreak could be due to a student’s father, who tested positive last …
China uses app to monitor access to overseas financial news sites
Chinese police are using a new anti-fraud app installed on more than 200m mobile phones to identify and question people who have viewed overseas financial news sites, according to individuals summoned …
Goldman Sees Limited Long-Term Damage from China’s Crackdowns
China’s recent regulatory tightening will cause limited damage to the country’s long-term economic growth and investment prospects, although financial markets will likely remain volatile in the short …
Indebted developer China Evergrande says property sales continue to drop, warns again it could default
Ratings agencies have repeatedly downgraded Evergrande since last year as the world’s most indebted property developer struggles to remain liquid.
IHS Markit discusses China’s target to consolidate its electric vehicle market
Huaibin Lin of IHS Markit says China’s electric vehicle market has experienced tremendous growth for the past 20 years, but the time may come for the market to contract.
China fires a fresh regulatory shot at its tech giants
China to target biggest payment app Alipay in tech crackdown Alipay was told to spin off its profitable microloan business… See More Details COMMON PRACTICE The practice targeted by the MIIT is …
Local COVID-19 cases more than double in southeast China
New local COVID-19 infections more than doubled in China’s southeastern province of Fujian, health authorities said on Tuesday, in the country’s latest …
China’s first C919 jet bound for airline to enter final assembly – regulator
BEIJING/SYDNEY (Reuters) -China’s first C919 narrowbody jet to be delivered to launch customer China Eastern Airlines is about to enter final assembly, China’s aviation regulator said on Monday, with …
China Likely Suffered Another Economic Slowdown Last Month
The Wednesday data will likely show China’s recovery remains uneven. Strong global demand led to record exports in August but domestic consumers turned cautious as lockdowns and fear kept many at home …
China is continuing to slice and dice its fintech giants
China appears determined to carve-up and neuter what was once the most powerful fintech in the world, Jack Ma’s Ant Group.
China bubble tea chain Heytea taps UBS for $671 million Hong Kong IPO
Heytea, the Chinese bubble tea maker, has tapped UBS Group for its potential Hong Kong initial public offering (IPO) as soon as next year, according to people familiar with the matter.. Read more at …