Hong Kong’s securities regulator has approved the city’s first spot Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs).
BUSINESS
China is hungry for avocados, and South Africa is ready to deliver as export deal gets the green light
Amid a new Chinese appetite for avocados, South Africa will become the third African nation to export the fruit.
Dogwifhat Left Trailing In The Dust By ‘Ethereum Of China,’ Which Is Up Over 35% Today: Here’s What’s Going On
In the latest cryptocurrency market update, Neo (NEO) has significantly outperformed Dogwifhat (WIF) with a price surge of over 35%. What Happened: Neo, often dubbed as the ‘Ethereum of China’, has …
Exclusive: China’s CNOOC stockpiles Russian oil at new reserve base, traders, tanker trackers say
State-run China National Offshore Oil Co, one of the country’s top importers of Russian oil, has in recent months been pumping shipments of ESPO blend from Russia’s Far East into a newly launched …
Bubble Tea Billionaire Wants To Raise $330 Million In Hong Kong IPO
ChaPanda, the bubble tea chain headed by Chinese billionaire Wang Xiaokun, aims to raise HK$2.6 billion ($330 million) in a Hong Kong IPO.
Fast-fashion brand opens up to others
Shein has outpaced well-known European fast-fashion companies such as H&M, Primark and Zara even though they have had a solid online presence, and brick-and-mortar stores for decades and are …
China IPOs slow as strict ‘broker butcher’ rules kick in
HONG KONG — A slowdown in China’s initial public offering market is expected to persist through the year, forecasts show, as tighter regulations kick in. Total fundraising from Chinese IPOs had …
Sephora Turns to Nike E-Commerce Exec to Overhaul China Business
Sephora tapped Nike Inc.’s Asia e-commerce chief to lead its China operations, as the cosmetics retailer faces the challenge of turning around its ailing mainland business.Ding Xia, who spent the past …
China’s chip equipment industry gains momentum in import substitution, alarming foreign suppliers
China currently relies heavily on imports for over 85% of its semiconductor equipment needs, showcasing a self-supply rate of only about 14%. Save my User ID and Password Some subscribers prefer to save their log-in…
China Vanke says it faces short-term liquidity pressure
State-backed China Vanke said it is facing short-term liquidity pressure and operational difficulty, but added that it has prepared “a basket of plans” to stabilise its business and cut debt.Vanke has …
Germany’s economy is still doing bad – and now China is in it
The Chancellor’s willingness to extend an olive branch to China could, however, stir discontent among allies like the US and the EU, who are increasingly wary of China’s substantial subsidies to its …
Scholz warns Iran as attacks on Israel overshadow China trip
Chancellor Olaf Scholz warned Iran against further attacks on Israel on Sunday as the escalating conflict in the Middle East overshadowed the start of his three-day tour of China.
China’s export value falls sharply as demand for goods weakens
China’s exports fell sharply in dollar terms in March, partly on weaker demand from markets such as Europe and lower prices for Chinese goods, despite surging shipments from the world’s second-largest economy.
ADVERTISEMENT
