U.S. investment banks and asset managers can finally control their local subsidiaries in China. That spells huge opportunity—but also plenty of pitfalls.
BUSINESS
BEST Inc. Agrees to Sell its Express Business in China
BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it has agreed to sell its express …
Xinhua Silk Road: China’s iconic sedan brand Hongqi outshines at Financial Street Forum 2021
BEIJING, Oct. 29, 2021 /CNW/ — Hongqi, an iconic sedan brand under China’s leading automaker FAW Group, has made a sparkling appearance at annual Financial Street Forum 2021 held in Beijing as …
Chinese IPO Flops Pile Up in Worst Week Since 2012
Investors in China are faced with the highest number of stocks falling on their first trading day in over nine years this week, shaking a long-held faith in fat gains on debuts as regulators step…
Ant Group-backed Paytm says it’s ‘more than well-capitalized’ after raising its IPO size
That would bring the total IPO size to 183 billion rupees ($2.44 billion). The start-up is backed by a number of prominent investors like Japan’s SoftBank, China’s Ant Group and Warren Buffett’s …
China’s Heilongjiang 2021 corn output seen rising 19% -think tank
China’s top corn growing province of Heilongjiang is expected to produce 19% more of the grain in 2021, a government think tank analyst said on Friday. BEIJING, Oct 29 (Reuters) – China’s top corn …
Huawei revenue slides in Q3 as smartphone business remains crippled
Revenue of China’s Huawei Technologies Co Ltd plummeted 38% in the third quarter compared to the same period a year earlier, with U.S. sanctions having hobbled its smartphone business and new …
China’s Hunan sees big growth in passenger EV exports
CHANGSHA, Oct. 29 (Xinhua) — China’s Hunan Province exported 951 passenger electric vehicles (EV) in the first three quarters of 2021, more than doubling the figure in the same period last year, …
What’s in store for the decentralised crypto industry with China’s growing antagonism?
This stance deals a massive blow to the global crypto mining industry, where the Red Dragon is a leading market. At times, China-based mining operations reportedly controlled as much as 65% of Bitcoin …
China pushes for security reviews of firms seeking to export user data
BEIJING (Reuters) -China’s top internet regulator on Friday published draft guidelines that will subject companies with more than 1 million users in the country to a security review before they can …
China Shortenings Market Report & Forecast 2021-2027
Pages Report] Check for Discount on China Shortenings Market Report & Forecast 2021-2027 report by QYResearch Group. China Shortenings Market, By Type, 2016-2021, 2022-2027 ($ Millions) & …
China drafts tough rules to stop data from leaving its borders as Beijing tightens grip on information
Beijing has been ramping up its efforts to keep important domestic … Review Office – a group backed by 12 powerful Chinese ministries – if they plan an IPO in a foreign market. Earlier this…
Hong Kong Exits Top Three Global IPO Venues as China Clamps Down
Hong Kong is no longer in the top three listing venues globally as a widening crackdown by China on a vast range of industries hits investor sentiment and share prices. Initial public offerings in the…
