Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion cubic metres (bcm) in 2027, its boss Alexei Miller told an annual shareholders’ meeting on Friday. He also said the Power …
BUSINESS
Hong Kong’s IPO outlook brightens with SF Holding, Tong Ren Tang filing applications
Hong Kong stock exchange’s IPO prospects has received a boost after fundraising in the city slumped to a two-decade low in the first half of the year.
Study Suggests China Could Produce A Third Of The World’s Vehicles By 2030
Financial advisory and consulting firm AlixPartners has released a study exploring this, suggesting that China may represent one-third of the world’s vehicle production by 2030. The report focuses on …
China’s latest export: Cheesy and cheap ultra-short dramas
Soap operas with up to 100 episodes, between two and three minutes long, took off during the coronavirus pandemic …
Shein keeps option of Hong Kong IPO as back-up plan
Singapore-headquartered Shein is keeping alive a fallback option to list in Hong Kong despite filing confidential paperwork earlier this month with the UK’s financial regulator as a prelude to a …
China Might Negotiate With Europe Over Tariff Concessions
Germany has opposed the EU’s new tariffs, and China is thought to be hopeful it can convince the country to pressure other EU members. Speaking about the tariffs earlier this week, German Chancellor …
US and Chinese companies are expecting to raise $500 million from Hong Kong IPOs
Four companies including a Chinese generative artificial intelligence firm and a United States based jet manufacturer launched initial public offerings (IPOs) in Hong Kong on Friday.
China’s Woes Keep Piling On
Though Beijing seems to have at last become serious addressing China’s economic problems, the results so far say: “too little, too late.” …
Apple stages huge comeback in China as iPhone shipments surge 40%
The jump in Apple’s sales follows a weak performance by the tech giant in the world’s biggest smartphone market earlier this year.
China and Peru agree to forge stronger economic and tech ties – starting with Chancay port
Chinese President Xi Jinping and his Peruvian counterpart Dina Boluarte have agreed to strengthen economic and technology ties between their two nations, including joint efforts in building a Pacific …
China Could Have One-Third Of Global EV Market
Many insurance companies encourage their policyholders to retrofit their homes to resist wind-related damage, and some companies have …
China may deliver one-third of global vehicles by 2030, report says
The native brands currently have 59 percent of the market in China and are expected to reach 72 percent share by 2030. “What that means is, for the foreign companies, that is basically a shrinking…
China’s central bank puts the yuan’s exchange-rate swings in crosshairs
A stable exchange rate plays a key role in China’s position as a major importer and exporter, but the yuan has come under heavy pressure from the US dollar.
