The move came after Kioxia earlier this month set a tentative price range for an IPO in Tokyo that put the market value lower than 2 trillion yen ($18.94 billion), the price that … (…
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Japanese chipmaker Kioxia postpones $3.2 bln IPO plan
China chip giant SMIC shares plunge after US export controls
Shares in China’s biggest chip maker plunged on Monday following weekend media reports that Washington has imposed export controls on the company, the latest salvo in the battle for technological … ( read original story…
No One’s Too Big to Fail in China’s Property Market
Beijing has set strict guidelines to protect the real-estate sector. Luckily many developers are in the clear. ( read original story …)
China Shares Predicted To Open In The Green
The China stock market has finished lower in back-to-back trading days, surrendering more than 60 points or 2 percent along the way. ( read original story …)
Crypto Broker Sees Users Drawn to Bots to Beat Volatile Trading
A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market.BitUniverse, a startup that counts China’s … ( read original story…
Japanese chipmaker Kioxia postpones $3.2 billion IPO plan amid U.S.-China tensions
Kioxia Holdings Corp, the world’s second-largest maker of flash memory chips, on Monday postponed plans for what would have been Japan’s largest initial public offering (IPO) this year as U.S-China … ( read original story…
China Evergrande faces possible snag in land deal as Shenzhen partner calls for care, more discussion on reorganisation plan
China Evergrande, the nation’s most indebted developer, faces another potential snag in an attempt to reorganise its sprawling property assets after its partner in Shenzhen called for care and … ( read original story …)
Who runs Hong Kong: party faithful shipped in to carry out Beijing’s will
A senior communist party operative whose only previous experience in Hong Kong is a business trip two years ago; a former Guangdong mayor who oversaw the mass arrests of villagers protesting against … ( read…
Japanese chipmaker Kioxia postpones $3.2 billion IPO plan
Kioxia Holdings Corp , the world’s second-largest maker of flash memory chips, on Monday postponed plans for what would have been Japan’s largest initial public offering (IPO) this year as U.S … ( read original…
Asia-Pacific markets set to trade mixed; China’s industrial profits rise in August
China’s industrial profits rose 19.1% in August, the country’s National Bureau of Statistics announced over the weekend. Europe is now facing the prospect of a double-dip recession as it grapples with … ( read original…
Beijing’s billions woo Commonwealth nations
China is lending billions of dollars to Commonwealth nations in the Caribbean, prompting concerns over its growing influence in the region and fears that the recipient states may be trapped by heavy … ( read…
China must prepare for ‘long tech march’ following U.S. restrictions on SMIC: Global Times
China must engage in a new “long march” in the technology sector now that the U.S. has imposed export restrictions on Semiconductor Manufacturing International Corp, the country’s largest chip … ( read original story …)
Sick of Staying Home: China Expects a Golden Week Tourism Rebound
China expects a significant rebound in domestic travel over the upcoming Golden Week holiday after the sector was pummelled by the novel coronavirus for months, with some flights selling out and … ( read original…
