China’s auto industry is undergoing a structural shift driven by uneven global electrification and geopolitical pressure on supply chains, according to joint analysis by the Gasgoo Automotive Research Institute and AlixPartners.
BUSINESS
Volkswagen enters Uzbekistan using China as export base
The launch marks the first time an export market has been run fully by the Volkswagen brand in China, with vehicle supply also coming from China.
China’s technology IPO market rebounds on AI and semiconductor push
Strong investor demand is supporting a revival in China’s domestic IPO market. China’s domestic technology initial public offering market is witnessing a strong recovery as Beijing steps up efforts to …
Chinese AI, chip firms are driving an onshore IPO rebound
By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, June 26 (Reuters) – China’s onshore technology IPOs are on track for their strongest year since 2023 as Beijing seeks to bolster listings of chip …
China’s Tech IPO Boom: A New Era of Self-Reliance
China’s onshore technology IPOs are experiencing a resurgence as Beijing prioritizes listings for chip and AI companies amid competition with the U.S. This year, 50 companies have raised $3.1 billion …
IPO Connect pitched as Hong Kong’s next move to boost finance hub role. But hurdles loom
Calls grow to further expand Hong Kong’s connect scheme with mainland China markets amid drive for deeper capital flows.
NKE Stock Slips On China Business Strategy ‘Misstep’ And ‘Surprise’ CFO Change Before Earnings
BNP Paribas analyst Laurent Vasilescu called a reported plan by Nike to bar key Chinese distributors from selling products online starting in 2027 a “strategic misstep.” …
China to raise refined fuel export allowance in July, sources say
China will raise the amount of refined fuel its state-owned refiners are allowed to export in July from June, three industry sources briefed on the plan said.
China sentences drug money launderer to death over $7 million in crypto transactions
The Supreme People’s Procuratorate of China (SPP) disclosed a cross-border narcotics and money-laundering case in which a defendant identified as Li Moubo was sentenced to death after converting more …
China’s Self-Reliance Drive Powers 1,200% IPO Surge, Minting A New Billionaire
Wang Bing, chairman and CEO of semiconductor component maker Chongqing Genori Technology, has amassed a fortune of $4.7 billion as shares soared almost 1,200% after its Shanghai listing.
Exclusive – China to raise refined fuel export allowance in July, sources say
June 25 (Reuters) – China will raise the amount of refined fuel its state-owned refiners are allowed to export in July from June, three industry sources briefed on the plan said. China is one of…
China detentions widen Japan rare earth supply risks
China’s detention of Japanese workers over rare earth exports raises new supply chain, compliance and personnel risks for Asian manufacturers.
Strange new EV-makers keep appearing in China
Perhaps more surprising is that there are new entrants to the crowded Chinese EV market at all. No fewer than 143 EV brands sold at least one car last year. But 46 of them did…