There was a lot of anticipation ahead of today’s IPO of NIO, a flashy Chinese start-up called “China’s Tesla”, which predictably hopes to rival Tesla in China, and which planned to raise around $1 bil……
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From Silicon Valley to Shenzhen
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“China’s Tesla” A Dud: Breaks For Trading Below IPO Price
China accuses U.S. of ‘prejudice’ amid threat of sanctions for Muslim detentions in Xinjiang
… opposes the United States using Xinjiang-related issues to interfere in China’s internal affairs,” Chinese Foreign Ministry spokesperson Geng Shuang said at a daily news briefing. “If the media re… ( read original story …)
China Bank Lending Slowed in August as Bond Issuance Surges
China’s broadest measure of new credit expanded as companies issued more debt, though the expansion in new bank loans slowed, showing that banks are still cautious about extending credit and taking on … ( read…
Beijing is holding firm, but many Chinese firms acknowledge they’re worried about the trade war
Beijing has maintained a resolute stance in the face of U.S. tariff threats, but many Chinese companies are acknowledging that their businesses could be hit by the ongoing trade war. Industrial and Co… ( read…
Congo’s RAWBANK signs the China-Africa Inter Bank Association establishment agreement
About 16 African banks including RAWBANK, the first banking institution in the Democratic Republic of Congo (DRC), and China Development Bank (CDB) signed an agreement for the establishment of the Chi… ( read original story…
China’s wannabe ‘Tesla killer’ is about to go public in New York
The IPO valued the company at $6.4 billion. The company, which was founded only four years ago, is attempting to take on Tesla (TSLA) in China, the world’s biggest electric vehicle market. ( read original…
Alibaba to Showcase Latest Technology at Flagship Event
HANGZHOU, China — The Computing Conference 2018, Alibaba’s annual flagship event, will showcase an array of cutting-edge technology from the company and its partners from September 19 to 22. ( read original story …)
China’s NetEase to rectify ‘irregular practices’ at finance website
BEIJING (Reuters) – Chinese internet company NetEase said on Tuesday it would stop updating its finance website from today to rectify what it called “irregular practices” and conduct a … ( read original story …)
DRC’s Rawbank to Signs China-Africa Inter Bank Agreement in Order to Boost Business Relations between Both Regions
African banks, including Rawbank, the first banking institution in the Democratic Republic of Congo (DRC), and China Development Bank (CDB), have signed an agreement for the establishment of the China … ( read original story…
China central bank unveils plans to straighten up country’s ratings firms
SHANGHAI (Reuters) – China’s central bank and securities regulator on Tuesday announced steps to strengthen supervision of credit-rating businesses in a bid to improve the quality of ratings. ( read original story …)
China Mobile International Limited establishes South Africa office
China Mobile International Limited (CMI) hosted the opening ceremony of its South Africa office in Durban – the office is located in Johannesburg, South Africa. Mr. Chen Zhaoxiong, Vice Minister of In… ( read original…
China Mobile International Limited opens South African office
China Mobile International Limited (CMI) has opened a South African office in Johannesburg. Mr. Chen Zhaoxiong, Vice Minister of Industry and Information Technology of the People’s Republic of China; … ( read original story …)
China Telecom and China Mobile tease dual-SIM support for new iPhones
New social media posts from both China Telecom and China Mobile (via GSMArena) are building some hype for dual-SIM support for this year’s iPhones. While details about which models and regions … ( read original…
