Semiconductor chip maker Arm has officially filed for its IPO on the Nasdaq, which could spark a boom in new tech IPOs …
BUSINESS
China EV maker Zeekr to start investor tour ahead of $1.36b US IPO: Sources
HONG KONG – Zeekr, Chinese automaker Geely’s premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a US$1 billion (S$1.36 billion) US initial public …
Popeyes is reviving its 2020 dream of opening thousands of stores in China
TH International (Tims China), the exclusive operator of Tim Hortons coffee shops in China, plans to get the country hooked on Popeyes’ iconic chicken sandwich in a big way. Over the next decade, at …
Arm’s China relationship complicates IPO
The upcoming listing of semiconductor technology firm Arm Holdings Ltd is supposed to be strong medicine for what has been ailing the U.S. IPO market, as well as provide a shot in the arm for…
China EV Maker Zeekr to Start Investor Tour Ahead of $1 Billion US IPO -Sources
China EV Maker Zeekr to Start Investor Tour Ahead of $1 Billion US IPO -Sources By Julie Zhu and Scott Murdoch HONG KONG (Reuters) – Zeekr, Chinese automaker Geely’s premium electric vehicle (EV) …
How China’s Faltering Growth Threatens Global Commodities Markets
Even so, the state of the property market means steelmakers are probably going to be cautious about tapping more imports to replenish supplies, said Steven Yu, an analyst at Mysteel. Read More: China …
Exclusive: China’s Xiaomi wins state planner nod to make EVs amid glut in autos
It is making the shift to diversify away from its main smartphones business amid slumping demand for gadgets. China’s smartphone sales fell 4% year-on-year in the second quarter of 2023, reaching the …
Why These American Brands Are Fleeing China Now
Stanley Black & Decker had planned to open its brand new 425,000-square-foot, $90 million factory in Fort Worth, Texas by the end of 2020, but it was delayed until 2021. As relations between the US…
China’s Xi unexpectedly skipped a key BRICS event. No one is saying why
feels no obligation to provide explanations about why its foreign minister was replaced or its top leader was a no show at the BRICS Business Forum. Anything can be a state secret,” said Glaser with…
Growing Warnings: Biden Could Get Scorched by Green Dependency on Red China
Reducing greenhouse gas emissions to net zero by 2050, as the White House has called for, will almost assuredly make the United States dependent on China while enriching Beijing. China currently …
China and Hong Kong to toughen import restrictions on Japan foods
Hong Kong, a special administrative region of China, will ban imports of fishery products from Fukushima, Tokyo and eight other prefectures from Thursday. “The discharge will spread the risks of …
China’s Xi Attends BRICS Dinner But Skips Business Forum
Chinese President Xi Jinping attended a leaders’ dinner hosted by his South African counterpart on Tuesday after skipping an earlier scheduled appearance at a business forum. Xi arrived at the dinner …
China, Africa trade continues to grow
China has remained Africa’s largest trading partner over the past decade. Bilateral trade increased 14.8 percent year-on-year and amounted to 1.87 trillion yuan in 2022, with South Africa, Nigeria and …