China should further relax data export rules, building on the recent easing of some curbs for global firms enacted by the city of Shanghai, senior executives from investment management firm Neuberger Berman and global bank…
BUSINESS
Sinolong New Materials Soars On Debut, Minting New China Billionaire
The IPO comes amid a tightening of listing rules in China that has thinned the number of domestic IPOs this year. Yang, 58, joins a group of Chinese billionaires whose ranks are second only to…
Alfa Bank: US-sanctioned Russian banking giant expands in China
The move, which was first announced in September, could help Russian clients do business with China “even more efficiently,” it said at the time. CNN has called and emailed the bank for further …
China’s express delivery sector logs robust growth in January-April
China’s courier sector saw double-digit growth in both business volume and revenue during the first four months of the year, amid a consumption boom in the …
Supply Chain Alert: China Temporarily Suspends Urea Exports
China has halted exports of urea once again after two months due to domestic fertilizer supply issues. However, as South Korea diversifies its urea import, the domestic impact is expected to be limited.
Nasdaq Boosts Scrutiny of Investors in IPOs From China, HK
Nasdaq Inc. is once again increasing scrutiny of small initial public offerings from China and Hong Kong to avoid a repeat of the wild swings that followed a handful of deals two years ago, according…
China’s Dida to Raise up to $35 Million in Hong Kong IPO
SYDNEY (Reuters) – Chinese ride-share app operator Dida has launched a Hong Kong initial public offering (IPO) to raise up to HK$273.7 million ($35.06 million), regulatory filings showed on Thursday.
Trump Advisor Admits Trade War Against China Failed
Former President Donald Trump’s trade war with China did not work out as planned, and one of his former advisors is finally admitting as much. This week, Semafor’s Morgan Chalfant …
Tech war: Huawei wields growing influence in China’s server industry with AI chip success
Huawei Technologies, which was forced to divest its server subsidiary three years ago due to US tech sanctions, is regaining its influence in that sector on the back of its AI chips.
French farmers worry pork exports will suffer in EU-China row over customs
An anti-dumping investigation into imports of pork products is at the heart of a trade tug-of-war between Europe and China
Chinese government launches retaliatory pork probe in response to EV taxes—’Risk of a global trade conflict is rising further’
We must avoid an escalation of trade countermeasures,” said Spanish Economy Minister Carlos Cuerpo.
China Aluminum Ore and Concentrate Imports in May 2024
According to data from the General Administration of Customs, China imported 13.55 million mt of aluminum ore and concentrates in May, down 4.83% MoM, up 4.7% YoY; the cumulative imports from January to May were…
Hong Kong may reap bonanza as China expedites approvals for offshore IPOs
Market watchdog’s second-in-command tells Lujiazui Forum that the pace of approvals has already picked up, but is ‘still not sufficient’.
