Mainland Chinese IPOs plummeted in value by 80 per cent in 2024 to just under $9bn, according to Dealogic data. Only 96 companies went public during the year, down 60 per cent from 2023.
BUSINESS
Trump hints at easing China tariffs to get TikTok deal done: ‘Maybe I’ll give them a little reduction’
President Trump said Wednesday he would be willing to reduce tariffs to get a deal done with TikTok’s Chinese parent, ByteDance. ByteDance faces an April 5 deadline to find a non-Chinese buyer for …
Trump floats reducing tariffs on China to secure TikTok deal
President Trump on Wednesday floated reducing tariffs on China to get a TikTok divesture deal done as the April 5 deadline nears. “With respect to TikTok and China is going to have to play a…
Live: Trump slaps 25% tariffs on auto imports, says countries will be ‘pleasantly surprised’ by reciprocal duties
Yahoo Finance will chronicle the latest news and updates on Trump’s tariffs — from the threats to the eventual policy.
Amid Trade Tensions, China’s Biggest Tea Shop Prepares to Open Its First U.S. Location in Los Angeles
China’s biggest tea shop, Chagee, is opening its first U.S. location in Los Angeles this spring at the Westfield Century City Mall. Found in 2017 in Yunnan, Chagee has grown to over 6,400 locations …
US adds Chinese tech firms to its export control list, says they sought US knowhow for military use
The U.S. has added dozens of companies to its export control, including more than 50 based in China that it says sought advanced knowhow in supercomputing, artificial intelligence and quantum …
How Chinese brands are rewriting the global expansion playbook
Campaign’s China Summit returned to Shanghai last month with a focus on cross-border marketing and brand expansion, as industry leaders from China’s top companies shared insights on cultural export, …
White House adds dozens of Chinese tech firms to export ‘blacklist’ in AI crackdown
In total, the US added 80 foreign entities to the list on the basis of national security concerns, including firms from China, the United Arab Emirates, South Africa and Iran.
Chinese tea chain Chagee files for U.S. initial public offering
Chinese tea chain Chagee filed to go public in the U.S. on the Nasdaq. The company is planning to open its first U.S. store this spring in Los Angeles. The fast-growing chain generated net income…
Chagee files for US IPO, showing rapid rise of Chinese ‘new-style tea drink” market
Chinese tea chain Chagee filed for a US IPO on Tuesday. If the listing is successful, Chagee will be the first Chinese “new-style tea drink brand” to be listed on the US stock market, and…
China’s BYD aims to double overseas sales to 800K cars in 2025 as Tesla competition heats up
Chinese electric vehicle maker BYD plans to double its overseas sales this year as it steps up competition with Elon Musk’s Tesla and other automakers, a top executive said Tuesday.
GCL Energy Technology co-develops China’s first technical standard for real-world asset tokenization
GCL Energy Technology Co Ltd has spearheaded the development of China’s inaugural technical standard for blockchain-based real-world asset (RWA) tokenization, which was recently approved by the China …
Pillsbury Secures IPO Specialist Samuel Ng From China’s DeHeng
This move will reunite Ng with Jia Yan, co-leader of Pillsbury’s China practice, with whom he previously worked at U.S. firm Paul Hastings.
