Chinese artificial intelligence startup SenseTime Group is discussing the fate of its planned $767 million Hong Kong initial public offering (IPO) with the city’s stock exchange on Friday, two people …
BUSINESS
China to Prohibit Foreign IPOs
China intends to remove a technicality that permitted the country’s tech sector from raising overseas investments through variable interest entities.
China to take necessary measures if US bans imports from Xinjiang: MOC
China firmly opposes the United States’ plan to ban imports of products from China’s Xinjiang Uygur Autonomous Region, and will take necessary measures to protect its lawful rights and interests, the …
Manufacturers seek innovation in transformation
China is embarking on an innovation-driven transformation and upgrading of manufacturing to enhance global competitiveness and foster high-quality development for the long run, Deloitte said, as its …
Leverage the cloud to drive business growth in China
HIT by the Covid-19 pandemic, businesses and consumers alike are increasingly turning towards cloud solutions to remain in operation and even profitable – but for more than just storage.
Evergrande Never Going to Be China’s ‘Lehman Moment:’ Qazi
Shehzad Qazi, managing director at China Beige Book International, discusses the next steps for China Evergrande Group after officially being labeled as a defaulter, what this means for China’s …
Chinese Automotive Display Manufacturers’ Market Share Rising Fast
Market research firm Omdia said on Dec. 9 that LG Display’s current share in the global automotive display market is 14 percent and those of AUO, BOE and Japan Display are 12.6 percent, 12.6 percent…
China: BeiGene prices hugely popular IPO on Star market of Shanghai Exchange
BeiGene, a Hong Kong and Nasdaq-listed global, biotechnology company focused on developing affordable medicines, has priced an IPO on the Science and Technology Innovation Board (STAR Market) of the …
U.S. to Bar Investment in Chinese AI Giant, Considers Banning Key Exports to Top Chip Maker
The focus on SenseTime and Semiconductor Manufacturing International is part of broader Biden administration effort against China’s tech firms.
Why Polygon, Silvergate Capital, and Riot Blockchain Are Getting Crushed Today
Silvergate Capital is down roughly 27% over the last month, while Riot Blockchain is down roughly 30.5%. On the other hand, Polygon’s MATIC token is actually up by roughly 17%. However, it’s important …
China’s Attack On Tech: Are We Entering “Cultural Revolution 2.0”?
China’s Cybersecurity Administration has issued new rules designed to de-emphasize the popularity of social influencers, lowering them in search rankings and placing more controls on talent agencies.
Leader of US business group flatters China at event held to undermine American support for democracy
A leader of a pro-China business group with ties to the Biden administration appeared at the Chinese Communist Party’s recent “democracy summit,” where he lavished praise on the Xi Jinping regime.
This year’s big IPOs — from EVs to sustainable footwear
It’s been a record setting year for IPOs. More than 900 companies have gone public representing industries ranging from EV startups, to consumer facing names like fintech company Affirm (AFRM), oat …
