While ensuring the growth of the principal business, China South City keeps strengthening its capital operation via broadening financing channels, strictly controlling costs, prioritizing efficacy … ( read original story …)
BUSINESS
Online housing firm Beike looks to raise $2 billion in US IPO
A listing for Beike on a US exchange bucks a trend among Chinese technology firms, which are turning to domestic listings … ( read original story …)
As China asserts its dominance over post-pandemic world, countries unite against Beijing’s ‘bully tactics’
It has already prompted UK Prime Minister Boris Johnson to offer British citizenship to three million Hong Kongers, not to mention take a tougher line toward China itself. Huawei, for example, can … ( read…
How to expose and counter China’s increasing aggression
There was no need to send in the People’s Liberation Army after all. Hong Kong’s freedoms were snuffed out with a pen stroke. ( read original story …)
Chip IPO tests Hong Kong-China feedback loop
SMIC more than doubled its Shanghai offer to $6.6 bln on strong demand. Its Hong Kong shares had risen sharply ahead of the mainland listing valuing the semiconductor maker at 100 times forecast … (…
The Ecommerce Game Is a Tale of Two Countries, and China’s Companies Are Pulling Ahead
China is the largest digital market in the world, leading all countries in terms of ecommerce, mcommerce and social commerce. It’s also home to many of the largest ecommerce conglomerates, including … ( read original…
China Dominates Medical Supplies, in This Outbreak and the Next
Government support and protectionism have built a low-cost industry making masks, testing kits and other health gear. Other countries will find it tough to compete. ( read original story …)
China’s sweeping national security law: How will it affect business in Hong Kong?
Some global tycoons were concerned that the law might hurt Hong Kong’s profitability as a financial capital in Asia. ( read original story …)
Hard to cut ties with low-cost China, Europe finds
European leaders talk of shortening supply chains and curbing China’s “Belt and Road” plan. But on the ground in Italy, Gimmi Baldinini says his designer footwear company is in no position to cut ties ……
Few companies expecting to leave China
The United States, Japan and France are prodding their companies to rely less on China to make the world’s smartphones, drugs and othe … ( read original story …)
State Department official tells US companies to ‘be aware’ of Chinese brands using slave labor
Under Secretary of State Keith Krach warned on Saturday about the potential for international commerce to support brands benefiting from slave labor in China. ( read original story …)
168 IPO applications accepted since ChiNext reform
The stock exchange had also accepted 83 refinancing applications and three material assets reorganization applications as of Thursday morning. Nearly half of the accepted enterprises are in the areas … ( read original story …)
China’s A-share market sees robust IPO activity in H1: PwC
Unaffected by the novel coronavirus outbreak, China’s A-share market saw robust initial public offerings (IPOs) activity in the first half of the year, data from global auditing and consultancy firm … ( read original story…