SHANGHAI/BEIJING (Reuters) – China’s central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three … ( read original story …)
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China’s central bank won’t let yuan weaken past 7 to the dollar: sources
China’s central bank will not let yuan decline past 7 to the dollar: sources
SHANGHAI/BEIJING (Reuters) – China’s central bank will use foreign exchange intervention and monetary policy tools to ensure the yuan does not weaken past the 7-per-dollar key level in the immediate … ( read original story…
Starbucks’ China challenger Luckin raises $561 million in U.S. IPO
NEW YORK/HONG KONG (Reuters) – Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Thursday priced its U.S. initial public offering at the top end of its targeted range and sold more … (…
Starbucks’ China challenger Luckin Coffee will price IPO at $17 a share
Amazon is leading a $575 million funding round for Deliveroo, taking the total the food delivery firm has raised to date up to $1.53 billion. Singapore Airlines’ order of 31 Boeing 737 Max jets ……
China’s Luckin Coffee raises up to $651M in upsized US IPO
Another week, another cash-burning tech IPO in the U.S. Following on from Uber’s high-profile listing, ambitious Chinese startup Luckin Coffee has raised up to $650.8 million on the Nasdaq after … ( read original story…
Luckin Coffee IPO Values Starbucks’ China Rival at $4.2 Billion on Nasdaq Debut
Luckin Coffee Inc. (LK) priced its planned IPO at the higher end of its target range, the company said Friday. setting up a debut on the Nasdaq that will value the China-based rival to Starbucks…
Starbucks’ China challenger Luckin raises $561 million in U.S. IPO: sources
NEW YORK/HONG KONG (Reuters) – Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Thursday priced its U.S. initial public offering at the top end of its targeted price range and sold more ……
ZTE, China Unicom showcase 5G high-precision positioning network equipment
As long-term strategic partners, ZTE and China Unicom will have in-depth cooperation in the fields of smart city and smart transportation, and carry out emerging intelligent services based on the … ( read original story…
China Mobile, Huawei launch “world’s first 5G+five-star shopping mall”
China Real Estate Association, China Mobile (Shanghai), and Huawei launched “the world’s first 5G+five-star shopping mall’. The Shanghai Lujiazui L+ Mall uses the 5G digital indoor system (DIS). … ( read original story …)
Economics Matters: China is Growing Consumption, Not Debt
E-commerce transactions in China account for more than 40% of the global total; the value of mobile payments reached $8.6 trillion last year, dwarfing the $112 billion in the U.S. In 2017, 68% of ……
China Not Interested in Talking With U.S. for Now: State Media
(Bloomberg) — China may have no interest in continuing trade negotiations with the U.S. now, as it sees little “sincerity” in U.S. President Donald Trump’s recent approach, according to commentaries … ( read original story…
China charges detained Canadians with espionage hours after U.S. bans Huawei
China’s confirmation of the formal charges came just as the U.S. government all but banned American companies from doing business with Chinese tech giant Huawei, a move that could badly cripple … ( read original…
China’s Luckin Coffee valued at $4bn in upsized US IPO
Luckin Coffee has raised $561m in an initial public offering that gives the Chinese start-up a market valuation of roughly $4bn, less than two years after the company opened its first outlet in … (…
