Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely, has put its U.S. initial public offering (IPO) on hold because of a mismatch in valuation expectations, two sources with …
BUSINESS
China controls the export of graphite products
China will implement optimized export controls on graphite products from Dec 1, and the measures do not target any specific country or region, the Ministry of Commerce said on Thursday. The Chinese …
Chinese EV Maker Zeekr Puts the Brakes on U.S. IPO
The electric-vehicle unit of China’s Geely Automobile has postponed a planned IPO in the U.S. Zeekr wanted to list its shares before the end of this year but has now decided to wait, according to…
China’s low-cost brands flood Vietnam as younger consumers seek affordable options
HO CHI MINH CITY] In terms of stores, the largest beverage player in Vietnam isn’t a local company, but Mixue – a Chinese ice-cream and tea franchise that recently marked the opening of its 1,000th…
What China’s graphite export curbs mean for EVs: 5 things to know
TOKYO/SEOUL — Electric vehicle makers are bracing for Chinese export curbs on graphite, a key material in EV batteries, to begin on Friday.
China’s low-cost brands permeating Vietnam as younger consumers seek affordable options
HO CHI MINH CITY] In terms of stores, the largest beverage player in Vietnam isn’t a local company, but Mixue – a Chinese ice cream and tea franchise that recently marked the opening of its…
China’s manufacturing activity remains in contraction in November, weighed down by insufficient demand
but obstacles remain S&P Global China’s economy is still facing a bumpy recovery with various uncertainties, including a sluggish property market, fiscal pressures on local governments, a bleak export …
China’s factories fall deeper into contraction, more policy support expected
China’s manufacturing activity shrank for a second straight month in November and at a quicker pace, suggesting more stimulus will be needed to shore up economic growth and restore confidence that the …
China EV brand Zeekr puts US IPO on hold – sources
Zeekr, Chinese automaker Geely’s premium electric vehicle (EV) brand, has put its U.S. initial public offering (IPO) on hold due to a mismatch in valuation expectations, according to two sources with direct knowledge of the…
China’s top insurers to launch US$7 billion fund to invest in onshore shares in sign of rising state support
New China Life Insurance and China Life Insurance will each invest US$3.5 billion in the equity fund that will be managed by Honghu Private Securities Investment Fund The plan is aimed at increasing …
Beijing bourse on cusp of IPO spurt
On Wednesday, the BSE 50, an index tracking the Beijing bourse, plunged by 7.32 percent to close at 977.93 points. Even with the retreat, the index is up by 38 percent since late October. It…
Focus: Walmart shifts to India, cuts China imports
Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.
Shein Faces a Tough Market and Tougher Questions on the Road to IPO
A public offering from fast-fashion giant Shein could shake up both the retail industry and the IPO market. Continue reading this article with a Barron’s subscription.
