Didi Chuxing, China’s dominant ride-hailing app, has filed to go public in the US, setting up one of the biggest IPOs this year.
Featured Posts Title
Beijing Marathon to Kick Off on October 18: Road Running Charm Blooms in the Golden Autumn Capital
Real winner of Xi summit revealed as Trump looks to usher in new era with China
US and China to cut tariffs on $60 billion of goods
Beijing Chaoyang: A Sleepless City, A Stage for the World
China factories seen rebounding in September as Beijing signals more aid: Reuters poll
US officials deny there are plans to sell weapons to China
Trump disputes his ambassador’s account that he asked China’s president if he wanted to buy US arms
Recent Posts
Will ride-hailing app Didi’s IPO hit over $100bn?
China Nuclear Plant Radiation Increased But Still Within ‘Allowable Range,’ Country Says
“There is no problem of radioactive leakage to the environment,” China’s Ministry of Ecology and Environment said.
Nuclear Watchdog’s Direct China Statement Comes Amid Post-Wuhan Skepticism
The International Atomic Energy Agency release addressed speculation of a crisis brewing at the Taishan nuclear plant in southern China.
China begins countdown to historic space station mission
A rocket carrying three veteran astronauts bound for China’s orbiting space station module will launch from the Gobi Desert in the country’s north in just over 24 hours, China’s space agency announced …
Taiwan Wants German Vaccines. China May Be Standing in Its Way.
The two sides have traded accusations about whether political motivations are keeping the Taiwanese people from receiving immunizations amid the island’s first major Covid-19 outbreak.
China’s property investment growth slows in May 2021 as curbs bite
Real estate investment in May rose 9.8% from a year earlier, slowing from April’s figure of 13.7%, Reuters calculations, based on data from the Nation..
Update: China’s property investment up 18.3 pct in Jan.-May
China’s investment in property development maintained steady expansion in the first five months of this year, data from the National Bureau of Statistics (NBS) showed Wednesday. In Jan.-May period, …
China aluminium exports have likely peaked, CRU says
China’s exports of aluminium have likely peaked in the wake of a series of trade protection moves in key markets around the world but the country is now shipping higher value-added products overseas, …
Full Truck, China’s ‘Uber for trucks’, to raise US$1.57 billion in US listing
The Guiyang-based company, better known as Manbang, plans to sell 82.5 million shares at between US$17 a share and US$19 a share on the New York Stock Exchange.
Blackstone makes US$3.05 billion offer for Soho China to pick up real estate assets at 40 per cent discount with eye on recovery
While the offer at HK$5 per share is at a premium to market, Blackstone will be picking up Soho’s assets at about 40 per cent discount to net asset value of HK$8.37 per share at…
China’s COVID-19 vaccines are being called into question after infections surged in countries using Chinese shots
Three highly vaccinated countries have seen a surge in cases with the shots, prompting uncomfortable questions for their Chinese manufacturers.
China Steps Into Covid-19 Vaccine Void in Asia’s Developing Nations
Shots developed by Chinese companies have been a conspicuous part of the rollouts in the first half of 2021, helping Beijing strengthen ties with countries in the region.
China’s Mobile Phone Sales Slide for Second Month in May After First-Quarter Surge
China’s mobile phone sales fell for a second month in a row in May, dropping 32 percent from a year earlier, after sales more than doubled in the first quarter. Some 22.97 million handsets were…
ADVERTISEMENT
