Honor has the largest market share in China but is still a small player globally as it has … The smartphone maker said it would start to make preparations for the IPO. “As the company…
BUSINESS
Honor makes moves towards IPO
Honor reportedly indicated it planned to conduct a public listing of shares, a move intended to aid the next stage of its development.
Ex-Huawei handset maker Honor prepares IPO
Handset maker Honor is preparing for an initial public offering, the company said on Wednesday, three years after it was sold by U.S. sanctions-hit Huawei Technologies. Honor did not specify a time …
Zhao Changpeng, the crypto king and Binance chief, ousted for US crimes
LONDON: The most powerful man in crypto has lost his crown – and could see his freedom curtailed as well. Binance chief Changpeng Zhao on Tuesday (Nov 21) stepped down and pleaded guilty to …
The fallen kings of crypto
Here are three of the highest-profile crypto executives who have fallen foul of the law since last year: – Changpeng ‘CZ’ Zhao – Born in China in 1977, Zhao moved with his family to Canada…
S. Korea to cut import tariffs on 76 items in 2024
SEOUL, Nov. 22 (Xinhua) — South Korea’s finance ministry said Wednesday that it will cut import tariffs on 76 items in 2024 as part of their efforts to strengthen industrial competitiveness and …
Biden and Xi’s meeting sent an important signal for U.S. business in China – MSN
President Joe Biden’s meeting with Chinese President Xi Jinping set a bottom line in the relationship that reduces uncertainty for businesses, analysts said.
Jim Cramer Says Nvidia ‘Can And Will Prosper Without China’ Amid Successful Q3 Results: ‘Just Easier With Than Without’
“Nvidia can and will prosper without China. It’s just easier with than without.” See Also: If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Crypto, Here’s How Much You’d Hav …
China refined nickel imports rose in October, but most of them were stored in bonded zones, imports to decline in November
Customs data showed that China’s refined nickel imports were 6670 mt in October 2023, of which customs clearance volume was 3370 mt (+39.8% MoM and down 84.39% YoY). The top three pure nickel …
China primary aluminum net imports hit new high in October, more overseas ingots will flow into China as import window shows signs of re-opening
Customs data showed that China imported 1.17 million mt of primary aluminum in January-October, up 173% YoY. Exports were 113,400 mt, down 41.19% YoY. This brought net imports to 1.06 million mt, up …
China aluminum scrap imports grew both MoM and YoY in October
According to the latest customs data, China imported 154,200 mt of aluminum scrap in October 2023, up 2.22% YoY and 5.48% MoM. According to the latest customs data, China imported 154,200 mt of …
China’s October PFY exports hit yearly low and may rise in November-December
According to the latest data from China customs, PFY exports were at 273kt in Oct 2023, down by 26% or 97kt on the month, hitting the yearly low. Exports to India only approached 9kt, down…
Hong Kong stock exchange operator HKEX launches digital IPO platform FINI as listings drop to two-decade low
Bourse operator HKEX launched a new digital platform for IPOs, which is expected to speed up settlements and reduce investor risks.