China, which buys almost three-quarters of global seaborne iron ore, is likely to import as much as 120mln metric tons this month, according to vessel-tracking and port data …
BUSINESS
Foreign trade of China’s economic powerhouse hits record high
GUANGZHOU – Guangdong province, a powerhouse of China’s economy, has reported a new record in its foreign trade for the first three quarters of the year, with imports and exports reaching 6.75 …
Sibos conference in Beijing reveals China’s financial openness
BEIJING – The Swift International Banker’s Operation Seminar 2024 (Sibos 2024) opened Monday in Beijing, a milestone demonstrating the country’s openness in the finance sector as it is the first time the Chinese capital has…
Nation modernizing border ports to boost trade, business activities
China will modernize its border ports, focusing on strengthening connectivity with neighboring countries to boost foreign trade and foster new business activities, a senior Customs official said on Monday.
World’s grainiest video purportedly shows an RTX 5090 under testing in a factory built to beat export restrictions to China, but I have my doubts
While reported leaked specs for Nvidia’s upcoming next-generation halo GPU, the RTX 5090, have been causing much internet discussion of late, we’ve yet to see any pictures or footage of the card in action. Now…
Hasbro and Mattel are relatively insulated from China tariffs. They would still hurt.
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.
CITIC to sell stake in McDonald’s China, HK operations for $430.3 mln
China’s state-owned CITIC Ltd has agreed to sell its 19.23% stake in the company that operates fast-food chain McDonald’s across China and Hong Kong for $430.3 million, fully exiting the business.
Webus International Cuts IPO for Second Time, Sets Share Price at $4 to $5
Webus International revised the terms of its initial public offering in the U.S. for a second time and is now looking to raise up to $9.4 million.
China Market Update: Mainland Investors Cheer Loan Prime Rate Cu
Asian equities were mixed overnight as Mainland China outperformed and the US dollar strengthened.
China’s Pony.ai files for IPO in US
Chinese autonomous driving technology firm Pony.ai announced at the end of last week it had filed for initial public offering (IPO) in the US, as it looks for further funding to expand its robotaxi …
Robotaxi firm seeks IPO with Goldman Sachs backing
Founded in 2016 by Peng and CTO Tiancheng Lou, both software developers for Baidu in the Silicon Valley, Pony has raised $1.1 billion over seven funding rounds with an $8.5 billion valuation as of …
Hit China digital business book prepares to go global
Guo’s insights draw on his three decades of experience on China’s digital journey, and look to help business leaders better understand digitalization and navigate the challenges of the digital era. The book serves as a…
China’s Ping An Insurance posts 36.1% rise in nine-month profit
Co of China Ltd reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing investment returns and new policies sold as the economy recovers. The…
ADVERTISEMENT
