A step forward in space exploration for China and humankind, on the same day as a colossal step backwards for the US. ( read original story …)
BUSINESS
Breakingviews – Healthcare IPO examines value of China’s big tech
JD.com is offering a timely reminder of why big technology firms are valuable to Beijing. The e-commerce giant’s healthcare arm has priced shares in its initial public offering at a reasonable 13 … ( read…
Healthcare IPO examines value of China’s big tech
The unit of e-commerce giant JD priced its $3.5 bln offer at a reasonable 13 times sales. Virtual consultations and pharmacies are booming, supporting an official push for a healthy China. It’s a … (…
China Resources Mixc Said to Raise $1.6 Billion in Hong Kong IPO
Property management company China Resources Mixc Lifestyle Services Ltd. has raised $1.58 billion after pricing its Hong Kong initial public offering at HK$22.30 per share, the top of a marketed range … ( read original…
Could China replace Australian iron ore with metal from Africa?
Amid rising trade tensions, Chinese interests are keen to develop a high-quality deposit in Guinea. Analysts warn any restrictions on Australian sales to China would ‘send shockwaves through the marke … ( read original story…
Manufacturers pile into India to diversify supply chains from China
Salcomp is expanding its operations in India rapidly, along with other Apple manufacturers such as Wistron, Foxconn and Pegatron. All are seeking to tap the Indian market and diversify supply chains … ( read original…
China rating agencies stand by SOEs despite default spree
China’s credit rating agencies are standing by their triple A scores for troubled state-owned enterprises, even as a series of defaults reverberates through the country’s $4tn corporate debt market. ( read original story …)
Banks Need to Adopt Crypto, Now
Resistance is futile and the time for doing nothing with crypto was two years ago, not today, says our columnist. ( read original story …)
Maia Active Is Sprinting for China’s Female Activewear Crown
The four-year-old start-up, known for its ultra-comfortable fabrics and thoughtful design, is planning more than 100 stores across the country. ( read original story …)
Baozun Stock Is Still a Top E-Commerce Bet in Mainland China
It’s been a wild ride, but with just a month left in 2020 shares of Baozun (NASDAQ:BZUN) are up nearly 16% since the start of the year. E-commerce is already a well-established field in mainland…
Australia and the US are teaming up to build hypersonic missiles to counter Russia and China
The US, China, and Russia are already working on such weapons, and other countries in the region might follow suit, one analyst says … ( read original story …)
Leaked documents reveal China severely underreported coronavirus cases as the pandemic spread
Documents leaked to CNN show that the real tally of coronavirus cases was significantly higher than public figures suggested. ( read original story …)
Will Alibaba’s Cloud Business Ever Generate a Profit?
Alibaba is often called the “Amazon (NASDAQ:AMZN) of China” because it’s the country’s largest e-commerce and cloud infrastructure company. But that generalization glosses over tw … ( read original story …)
