Chinese semiconductor companies are in the middle of a boom in IPO volumes, as a government push to develop the country’s chip industry draws large sums of capital.
BUSINESS
‘Mark My Words’—Surprise Crisis Prediction Sends Shockwaves Through Crypto Markets As The Price Of Bitcoin And Ethereum Swing Wildly
The governor of India’s central bank has warned the highly-volatile crypto market will cause the world’s next financial …
Nike’s shares surge as analysts applaud a return to growth in China
Analysts were pleasantly surprised by Nike’s early holiday earnings results, which reported higher than expected sales and a rebound of business in China.
Global Times: Chinese ingenuity, diligence ensure ‘Made-in-China’ irreplaceable during pandemic
I didn’t dare to imagine that our company could not only navigate the prolonged pandemic but make a successful transformation to become an overseas well-known brand,” He Guohua, manager of Yiwu-based …
As China pushes its digital currency plans, the US falls behind
China’s digital yuan has been piloted in 15 provinces and tested across a multi-national financial network. Meanwhile, the US is still developing a digital currency, endangering the dollar’s place as …
India won’t benefit much from China’s export situation in 2023, says Morgan Stanley’s Chetan Ahya
While Western market watchers are looking at a slowing even recessionary 2023; the picture in Asia seems the opposite. In an interview to CNBC-TV18, Chetan Ahya, Chief Asia Economist at Morgan Stanley …
If You’re Already Betting On China, KWEB Is Your ‘Go-To-Guy’ In Shanghai
China is a strategic long-term position. If you buy into this idea, and you’re anyhow betting on China, there’s no reason why KWEB wouldn’t be the Chinese horse you ride on.
China’s Imports Of Russian Energy Have Surged By $27 Billion Since Invasion
Since Russia’s invasion of Ukraine, China has imported $68 billion of Russian oil, gas, and coal, a significant increase from a year earlier …
Despite Lousy Trade Policy, U.S. Imports To Top $3 Trillion For 2022
China is the leader for U.S, imports, at 16.90% through October, but it is on track to register the lowest percentage since 2008.
As China’s Covid cases skyrocket, patients are told to go back to work
Just weeks ago, catching Covid in China meant being taken to government quarantine for an indeterminate stay and your entire residential building being locked down, trapping neighbors in their homes …
No. 3: China Lockdowns Dent Luxury Spending, Brands Look Beyond Pandemic
Waves of tense lockdowns throughout 2022 forced some brands to shut entire China operations, but major luxury players pressed ahead with local shows and new stores in a bid for a major rebound in 2023…
Chinese Banks Edge Out Wall Street Rivals in Global IPO Rankings
Chinese lenders have leaped ahead of their Wall Street peers in global rankings for initial public offerings, as China wraps up a record year for listings which bucked one of the worst slowdowns in …
Tron’s Justin Sun Says China Sees Hong Kong As Crypto Policy Trial
Regulators in China are monitoring Hong Kong’s approach to build it into a leading Asian cryptocurrency hub and see it as a policy test for the mainland, according to Tron founder Justin Sun.