Additionally, Hong Kong has distinguished itself as a financial hub in the virtual landscape that is distinct from China’s stern crypto stance. While embracing digital assets, Hong Kong has also set …
BUSINESS
China goes into panic mode over EU tariffs on electric cars, offers perks for German carmakers if they drop restrictions
On the precipice of an all-out trade war with the European Union, China is panicking and dangling perks for German carmakers to try to bring things back from the brink. The world’s second-biggest …
Nike bets its China comeback on $1,000 Air Jordans
As a testament to how badly Nike needs to reinvigorate its business there, and to its conviction that Jordan is the way to do it, the company chose Beijing for its fourth Jordan-specific outpost.
China’s Ascentage drafts confidential IPO for dual listing in US
Suzhou, China-headquartered Ascentage Pharma Group Corp. Ltd. has filed plans for a confidential IPO to the U.S. SEC for a potential dual listing on both the U.S. and Hong Kong stock exchanges. News …
Star Market and IPO reforms to enhance investment appeal
China’s hi-tech drive to achieve self-sufficiency needs a … The new measures will revamp the pricing mechanism for IPOs, encourage more mergers and acquisitions to optimise fundraising, and offer …
Novo Nordisk stock rises on Wegovy approval in China
Donald Trump, Republican candidate and former President, finds himself at the center of another lucrative intrigue — not real estate or business, but the crypto world. His charismatic virality makes …
Julius Baer Keeps HSI 1-yr Target at 19,500, Expects Recovery in IPO Mkt to Remain Slow
In addition, although China released five capital market cooperation measures with Hong Kong, which include supporting the listing of industry leading Chinese enterprises in Hong Kong, the recovery of …
Zjk Industrial’s IPO: Expensive Price With Moderate Growth Potential
ZJK Industrial Co., Ltd.’s $5 million IPO due to dropping operating margin and no transparent communication. Explore more details here.
China’s May net gold imports via Hong Kong down about 23% from April
CHINA’S net gold imports via Hong Kong fell about 23 per cent in May to their lowest in eight months as its central bank held off against adding any gold to its reserves last month,…
China welcomes US dairy firms expanding in the country, vice minister says
China welcomes dairy companies from all countries, including the U.S., to expand their business in the Chinese market, Vice Minister of Commerce Wang Shouwen said on Tuesday. Wang made the remarks when meeting with U.
Indian steel exports struggle against China’s ultra-cheap shipments
According to a report by BigMint, export prices of hot-rolled coil coming from China have fallen to $520 per tonne from $525 per tonne within a week, piling pressure on global steel prices. Indian export…
China Brand Fair 2024 kicks off in Budapest
The China Brand Fair 2024 recently kicked off in Budapest, capital of Hungary, which aims to help Chinese brands better expand into Central and Eastern Europe. Conforming to the Belt and Road …
OpenAI to block access to AI technology for China and other regions
ChatGPT maker OpenAI plans to block access to the technology used to build artificial intelligence products for entities in China and several other countries.
