A fifth person close to Didi said the company is also considering a second listing in Hong Kong if its U.S. IPO takes place. Beijing-based Didi said it doesn’t have a definite plan regarding its…
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EXCLUSIVE-China’s Didi leans towards New York for IPO, eyes valuation of at least $100 bln -sources
Nike, H&M face China fury over Xinjiang cotton ‘concerns’
H&M is facing backlash in China over its refusal to use Xinjiang cotton Retail giants Nike and H&M are facing a backlash in China after they expressed concern about the alleged use of forced Uighur…
UPDATE 3-TikTok owner ByteDance hires CFO in a step towards IPO
TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech company is moving towards a much-anticipated initial public … (…
CNN tracks down children separated by China’s repression in Xinjiang
Amnesty International reports that China’s polices towards ethnic Uyghur Muslims have split up thousands of families, as some children are prevented from leaving China’s Xinjiang region to be with … ( read original story …)
H&M faces boycott in China over Xinjiang cotton
Fashion giant H&M is facing a boycott in China over its refusal to use Xinjiang cotton amid allegations of forced labour of the Uighur minority.The Swedish retailer said last year it was “deeply … (…
China’s Tencent revenues surge thanks to gaming boom
Chinese tech giant Tencent has reported a 26% surge in quarterly sales, pushed higher by its online gaming business. Tencent’s Honour of Kings remained a top-ranked game in China, while PUBG Mobile … ( read…
China’s state media calls for boycott of H&M for avoiding Xinjiang cotton
H&M’s statement that it is cutting Xinjiang from its supply chain is actually months-old. According to a cached version of the deleted webpage, H&M had said it was “deeply con … ( read original story…
Over 1,000 int’l brands to participate in China consumer products expo
More than 1,000 global brands from 69 countries and regions will participate in the first China International Consumer Products Expo in Haikou, capital of south China’s Hainan Province, the organizers … ( read original story…
Jack Ma’s Ant regroups after pulled IPO
Ant is still looking for a public listing and wants to improve its valuation that’s taken a hit from a regulatory overhaul. ( read original story …)
2021 IECIE Shenzhen eCig Expo Upgraded Structure Thematic Zones
The 7th IECIE Shenzhen eCig Expo (IECIE.Shenzhen) is scheduled for 3-5th September 2021 at the Shenzhen Convention and Exhibition Centre (Futian), Hall 1/7/8/9! Meanwhile, the 2021 IECIE.Shenzhen is … ( read original story …)
Jack Ma’s Ant seeks to rebuild valuation after pulled IPO
Ant Group is demanding a larger slice of lucrative commissions from its popular payments platform at the expense of local banks as China’s largest fintech tries to offset losses from a government … ( read…
China reports 11 new mainland COVID-19 cases vs 10 a day earlier
SHANGHAI, March 25 (Reuters) – Mainland China reported 11 new COVID-19 cases on March 24, up from 10 cases a day earlier, the country’s national health authority said on Thursday. The National Health … (…
Iron ore tycoon pleads with west to mend its relationship with China
Australia’s richest man has implored politicians to reject Trumpian populism and rebuild the west’s fractured relationship with China to avoid damaging the global economy and environment. Andrew … ( read original story …)
