Beijing’s moves have already wiped out $1 trillion in value from mainland and Hong Kong stocks this month alone. Investors now being split on whether that presents an opportunity to buy in. Bloomberg …
BUSINESS
Why Beijing’s latest crackdown should worry foreign investors
China is going after holding companies, usually based in tax havens such as the Cayman Islands, that are designed to get around strict rules on foreign investors in key sectors, including education.
IMAX China Profit, Revenue Rebound As Theaters Reopen
Revenue increased to $53.4 million, up from $6.3 million, the company said in a statement today. More than 90% of IMAX’s theaters in China, the world’s most populous country and second-largest economy …
As China’s population ages, the world’s factory struggles to recruit young migrant workers
For a new generation of Chinese migrant workers, low-paid and labour-intensive factory work no longer has the same appeal as it did for their parents.
Flood-relief donation lifts struggling Chinese brand out of financial funk
Erke is an also-ran sneaker and sportswear brand, but a low-key donation for emergency aid to flood-struck Henan Province was noticed by online shoppers and social media users who started a buying …
Chinese Bike-Sharing Startup Hello Scraps Plans for U.S. IPO
Chinese bike-sharing giant Hello Inc. has formally scrapped plans for a U.S. initial public offering, becoming one of the first big casualties of Beijing’s crackdown on overseas listings.The company …
The 5 Biggest IPO Disasters Of 2021
After a huge slump that lasted several decades, the IPO market appears to be back with a bang. Despite the formidable obstacles posed by the COVID-19 pandemic, the year 2020 proved to be a major…
Apple Floats Above China Technology Crackdown — For Now
No big U.S. tech company is more exposed to China’s political climate than Apple. But its adroit management of the Chinese market is insulating it from the turmoil gripping the country’s own tech …
Why The U.S. Wants China To Stop Importing Iranian Crude
In an attempt to increase pressure on Iran in order to push through a nuclear deal with Iran, the U.S. is considering cracking down on Iranian oil exports to China …
U.S., China and Digital Channel Boost Moncler Profits, Sales in First Half
Moncler, which consolidated the Stone Island business in April, returned in the black in the first half of the year.
Wall Street’s IPO Fee Machine Under Threat Post-China Clampdown
China’s regulatory crackdown threatens to reverse a surge in underwriting fees for U.S. investment banks like Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley.
Chinese EV makers plunge as investors watch Beijing’s regulatory squeeze tighten across industries
China’s increased scrutiny on certain businesses began late 2020 following the abrupt cancellation of Ant Group’s IPO. A clampdown … hard in recent days. Beijing’s crackdowns on its technology …
China’s Exports Of Amino Acids Threatens A Critical U.S. Market
China’s surge in amino acid imports into the U.S. threatens a vital national industry, and the Chinese government’s predilection for controlling exports to achieve foreign policy goals makes this …
ADVERTISEMENT
