Shares of semiconductor software design companies Synopsys and Cadence Design Systems were bouncing back in late trading Wednesday after Synopsys pushed back on a report that it had been told by the …
BUSINESS
Here’s what’s behind China’s IPO crackdown
A total of 428 IPO applications were withdrawn in China in 2024, according to Yicai Global, marking a 75% increase compared to the previous year. Chinese companies raised approximately $25.2 billion …
Shein Turns to Hong Kong for IPO After London Plans Stall Amid Regulatory Delays
Shein is pivoting to Hong Kong for its long-anticipated IPO, after its London listing plan faced unexpected regulatory hurdles from Beijing.
Vance says US should use bitcoin as an advantage in rivalry with China
China’s wariness of bitcoin should encourage the U.S. to embrace the world’s largest cryptocurrency and build on its strategic advantage in the digital asset, U.S. Vice President JD Vance said on …
China considers rare earth export relief for select chipmakers
China may relax restrictions on exports of rare earths for Chinese and European semiconductor firms and other companies in their supply chain.
Shein Just Changed Its IPO Plans. It Could Hurt Its Credentials
After regulators failed to approve Shein’s proposed IPO in London, sources say the fast-fashion giant is moving its ambitions to Hong Kong.
Shein seeks Hong Kong IPO as London listing is halted
Online fast fashion etailer Shein is reportedly working towards a listing in Hong Kong after its plans for an initial public offering (IPO) in London were halted by Chinese regulators.
Shein’s Pursuit of an IPO: From New York to London to Hong Kong
Shein had moved its headquarters from China to Singapore in 2022, while its supply chains and warehouses largely remain in China. Shein revives plans to list in New York. Founder Chris Xu considers …
FBS releases market outlook on Bitcoin following US-China trade truce
FBS’s report highlights that Bitcoin is increasingly regarded as a growth asset and a key component of diversified portfolios.
Facing sinking coal demand, China asks power plants to just buy more, sources say
China is pressing its coal-fired power plants to stockpile more of the fuel and import less in an effort to shore up domestic prices, sources with knowledge of the matter said, but traders are …
Shein working towards Hong Kong listing as London IPO stalls
Shein plans to change the listing venue as it had not yet received approval for its London IPO from Chinese regulators, notably the China Securities Regulatory Commission (CSRC), Reuters reports …
Shein turns to Hong Kong for listing amid London IPO hurdles – report
Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London failed to secure the green light from Chinese regulators, …
US official claims Trump tariffs brought China to table and halted India-Pakistan conflict
US official claims Trump tariffs brought China to table and halted India-Pakistan conflict – Howard Lutnick claims president offered South Asian nations trading access to US to avert full-scale war …
