China has reported its factory activity expanded at a slower pace in December, despite recent stimulus measures and in the face of increasing trade risks. the National Bureau of Statistics said …
BUSINESS
China cuts nonferrous scrap import tariff rate
Government commission lists “recycled copper and aluminum raw materials” as designated for reduced tariffs in 2025, but details not provided.
China Maintains Crypto Ban, Hong Kong Offers New Opportunities for Crypto Firms
China’s central bank emphasizes strict cryptocurrency regulations while Hong Kong adopts a more favorable approach with new licensing.
China Tightens Cryptocurrency Oversight with New Forex Rules
According to Liu Zhengyao, a lawyer at ZhiHeng law firm in Shanghai, the new regulations will serve as an additional legal foundation for penalizing cryptocurrency-related transactions. In a WeChat …
Tencent-backed online healthcare platform WeDoctor revives plan for Hong Kong IPO
Tencent Holdings-backed WeDoctor has revived its Hong Kong initial public offering (IPO) plan, confirming an earlier report in the Post. The Hangzhou-based online healthcare platform submitted its IPO …
A better year expected for IPO bankers as Hong Kong claws its way back into top 10 markets
After a satisfying year for investment bankers in Hong Kong, who helped lift the city back into the top 10 ranking in initial public offerings (IPOs) worldwide, the new year could be merrier as Hong…
Hong Kong sees rush of IPO filings on last trading day of 2024
From an investor’s viewpoint, I would say it’s a wise decision to get IPO before Trump administration because who knows what he is going to say with his tariff implementation or policy.” …
2024 review: China chip and auto sector reshaped by self-sufficiency efforts and US sanctions
The year 2024 saw intensifying US-China tech tensions amid sweeping US sanctions and China’s economic challenges, including weak demand, declining foreign investment, and widespread layoffs. With …
China’s Xpeng plans to hire more than 6,000 workers in 2025
World at Workcategory Exclusive: Brazil yanks temp work visas for China’s BYD after trafficking claims December … reaching billions of people worldwide every day. Reuters provides business, …
China’s factory activity growth misses expectations as experts decry insufficient stimulus measures
China’s factory activity expanded for a third straight month in December, although missing Reuters’ expectations.
China’s new forex rules require banks to tighten scrutiny on cryptocurrency trades
The State Administration of Foreign Exchange wants banks to monitor and report risky trades, including those involving cryptocurrencies.
Chinese toy maker Bloks Group files for up to $188 million Hong Kong IPO
Bloks Group is looking to raise as much as HK$1.46 billion ($188.01 million) in a Hong Kong initial public offering, as the Chinese toy maker aims to ramp up product development and output while …
China’s Dominance In EVs Is A Warning For U.S. Automakers
A seismic shift is taking place inside the electric vehicle (EV) market. The market shift is coming from China – and auto makers are taking notice.
