Hong Kong’s buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, …
BUSINESS
Jiayi pulls HK IPO over China’s new education policy
Mainland-based Jiayi Education Holdings, an after-school tutoring company, has dropped its Hong Kong listing plan following news of a radical change to China’s education sector.
China pledges support for small business, but some SMEs see ‘doom and gloom’ amid regulatory crackdown
Chinese Vice-Premier Liu He has promised to ‘keep the temperature right’ for small businesses, but Beijing’s recent crackdown on off-campus tutoring has some entrepreneurs worried.
China’s recent crackdown’s effects on Bitcoin
Bitcoin, the largest cryptocurrency by market capitalization and the world’s most popular crypto, has fallen from its all-time highs to below $30,000 for …
Ant-backed Chinese bike-sharing start-up Hello scraps plans for US IPO
It has become one of the first big casualties of Beijing’s crackdown on overseas listings.. Read more at straitstimes.com.
China’s domestic brands boom, fuelled by nationalism, with Li-Ning, Anta standing out from the crowd
Domestic brands in China like Li-Ning and Anta have enjoyed recent surge, fuelled by rising nationalism, improvements in quality and a multimillion dollar live commerce sector.
China’s Growth Will Start to Undershoot Trend: Darby
Sean Darby, chief global equity strategist at Jefferies, discusses China’s markets, the economy and where he’s finding opportunity. He speaks on “: China Open.” (Source: Bloomberg) …
China Natural Resources To Acquire Precise Space-Time Technology
Strategic Deal Further Diversifies Business HONG KONG, July 28, 2021 /PRNewswire/ — China Natural Resources, Inc. (NASDAQ: CHNR) (the “Company”) announced today that it …
Expect More Crackdowns From China—and Risks for Investors
The risks of investing in China are front and center as Beijing tightens control over its biggest companies and the U.S-China relationship continues to fray.
China Considering Imposing 10-25% Tax on Steel Exports
After 30% YoY surge in Chinese steel exports in H1 of 2021 to 37.4 million tonnes, the news of Chinese government imposing a tax on steel exports to cool export is in forefront recently and…
China sees 78.1 million smartphone shipments in Q2 2021; Vivo becomes the leading smartphone brand
International Data Corporation (IDC) has today released a new report revealing data for the smartphone shipments in the second quarter of this year for the Chinese market. It claims that about 78.1 …
Starbucks shares fall on reduced China outlook
Starbucks shares fell 3% in the after-hours session after the company lowered its sales growth forecast for China, its second-largest market outside the U.S. The Seattle-based coffee giant said its …
China floods: Sports brand Erke gear flies off the shelves after US$7.7 million donation to Henan flood relief
A little-known brand in China is enjoying a boost in popularity after donating 50 million yuan to Henan flood relief efforts …
