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China Has ‘Too Many’ Auto Companies Now, Consolidation Needed -Minister
China’s industry minister said on Monday that currently there are “too many” auto companies in China, and consolidation in the industry is needed. China would encourage companies to consolidate to …
ETF managers frustrated after Kuaishou slump stokes fears that tech IPO fever could sink H-share returns
of the unprofitable company, which at one point more than tripled its IPO price, has now reversed and its 73 per … have also dropped amid a crackdown on Big Tech by Beijing, contributing to…
Broncus on the road for IPO
Goldman Sachs and Haitong International are the sponsors on the IPO. They are also the global co-ordinators alongside Credit Suisse. The other bookrunners and lead managers are China Merchants Bank …
China-ASEAN Business And Investment Summit
The China-ASEAN Trade Index was released for the first time during the ongoing 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Nanning – the capital city of China’s …
China reports 49 new coronavirus cases, compared with 46 a day earlier
China reported on Monday (Sept 13) 49 new confirmed coronavirus cases in the mainland for Sept 12, compared with 46 a day earlier, according to the National Health Commission. Of the new infections, …
China’s zero-Covid stance could worsen debt problems for companies
China’s zero-Covid stance could worsen the debt situation for the country’s companies, some of which are already in financial distress, says S&P Global Ratings.
Cases in China; Vietnam to Reopen Tourist Island: Virus Update
China’s Fujian province reported another 22 cases of Covid-19, less than a month after the country quelled its most widespread resurgence of the coronavirus since the initial Wuhan outbreak.
Soho China Plunges After Blackstone Scraps $3 Billion Offer
Soho China Ltd. shares are plummeting after Blackstone Group Inc. decided not to proceed with its takeover offer. Bloomberg’s Lulu Chen reports on “Bloomberg Markets: China Open.” …
Chinese mainland reports 22 new locally transmitted COVID-19 cases
A health worker collects swab sample from a resident for COVID-19 test in Xianyou County, Putian City, east China’s Fujian Province, Sept. 12, 2021. (Xinhua/Wei Peiquan) BEIJING, Sept. 13 (Xinhua) — …
Fears one of China’s biggest property groups could collapse
Fears are mounting that one of China’s biggest property development groups, Evergrande, is close to collapse. Sara Hsu, an economist and visiting scholar at China’s Fudan University gives us her …
Beijing to break up Ant’s Alipay and force separate loans app
Chinese regulators have already ordered Ant to separate the back end of its two lending businesses. Now officials want the two businesses to be split into an independent app as well.
RCEP to boost China-ASEAN ties, economic recovery
The world’s largest free-trade deal, the Regional Comprehensive Economic Partnership (RCEP), will further boost China-ASEAN cooperation and facilitate the region’s economic recovery from the COVID-19 …
