By Arasu Kannagi Basil (Reuters) -Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm moves ahead with its…
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Shenzhen issues warning over stablecoin scams, illegal crypto fundraising
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China considers doubling investment channel for buying overseas bonds, Bloomberg News reports
Students shelter in libraries as heatwave hits eastern China
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Chinese self-driving firm Pony AI seeks up to $4.5 billion valuation in US IPO
China’s weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, the IEA said,
China’s Asymmetrical Tools for New Trade War Carry Global Peril
China wields new powers as it confronts the prospect of another trade conflict with the US, expanding its retaliatory reach in recent years to include tools capable of wreaking havoc on global …
Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race
The Shenzhen-based tech giant has grown to more than 108,800 employees, as nearly two years of downsizing comes to an end.
Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO
Pony AI is inching closer to its initial public offering in the U.S., but as it does so, it continues to drop its minimum target for what it hopes to …
China’s Pony AI seeks up to $4.5 billion valuation in long-sought New York listing
Zeekr’s $441 million May IPO is the biggest U.S. listing by a China-based company in 2024, LSEG data showed. Pony, which last year secured $100 million from Saudi Arabia’s NEOM, is also backed by …
Beijing reminds Canada of ‘one China’ commitment ahead of visit by Tsai
Former Taiwanese leader Tsai Ing-wen reportedly expected to address a security forum in Canada, after three-nation European trip last month.
China Overseas Land: Property Sales And Operating Margin Are Key Considerations
China Overseas Land’s October 2024 property sales surged by +66% YoY. Click here to find out why my hold rating for CAOVY shares remains unchanged.
China-Russia trade set to hit new highs, but Trump factor, payments cloud outlook
China’s trade with Russia is set to hit new highs this year as payment barriers have been partly addressed in recent months, but analysts warned that US president-elect Donald Trump’s return could be …
Reading FC: Owner Dai Yongge’s financial crisis in China revealed
The owner of Reading FC has faced a series of court cases in China this year over unpaid loans worth hundreds of millions of pounds, The Reading Chronicle can reveal.
China’s Dollar Bond Sale Inundated With $40 Billion of Bids
China, which recently unveiled plans to support its ailing economy, got more than $40 billion of bids for its first dollar bond issuance since 2021.Most Read from BloombergUnder Trump, Prepare for New …
At China’s Zhuhai air show, Russia signs deals to export Su-57 fighter jet
Moscow agrees to deliver the stealth warplanes to foreign countries for first time, while Russian security chief visits aviation event.
China rare earth exports jump as fears of Myanmar supply disruption spark more buying
China’s exports of rare earth minerals in October rose 13.7% from September, customs data has showed underpinned by greater demand from abroad as concerns mount that prices would be driven higher due to supply disruptions…
