Some of its investors are now thought to be keen to cash in. Three sources have told Reuters that Didi has started initial talks with investment banks for the long-awaited IPO. The Beijing-based … (…
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Recent Posts
Didi considers 2021 IPO in HK – sources
EXCLUSIVE-Didi considers 2021 IPO in Hong Kong, targets more than $60 bln valuation, sources say
IPO could take place as soon as H1 2021 -sources * Had aimed for U.S. IPO, opted for HK amid Sino-U.S. tension -sources * Also considering new fundraising round ahead of IPO -so … (…
China’s experimental coronavirus vaccine CoronaVac is safe: Brazil institute
An experimental coronavirus vaccine developed by China’s Sinovac Biotech appeared to be safe in a late-stage clinical trial in Brazil.São Paulo’s Butantan Institute, which is carrying out the Phase 3 … ( read original story…
China Says U.S. Should Stop Meddling After Exiled Tibetan Leader Visits State Department
China’s foreign ministry said the United States should immediately stop interfering in its internal affairs, after the leader of the head of the Tibetan government-in-exile met a U.S. State Department … ( read original story…
In China, the Formidable Prosecutor Turned Lonely Rights Defender
After sheltering a prominent dissident, Yang Bin, a former prosecutor, is now under the scrutiny of the police. But she has no regrets. ( read original story …)
Ping An Voted as the Best Overall Outstanding Company in China by Asiamoney
Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 02318; SSE: 601318) has been voted Best Overall Outstanding Company in China and Most Outstanding Company in China – Insurance Sector … ( read…
China Media Plays Down ‘Speculations’ That Beijing Moved Hypersonic Missiles Closer to Taiwan
But Chinese state newspaper Global Times said using the advanced medium-range ballistic missiles on Taiwan would be “a waste,” insisting they would be better served targeting “foreign military … ( read original story …)
Xinhua Silk Road: China’s Putian City unveils “Credit Shoe City” brand logo globally
Putian City, located in southeast China’s Fujian Province, recently released the “Credit Shoe City” brand logo globally. ( read original story …)
China is reaping the economic benefits of its COVID-19 policies
China reported Monday that its gross domestic product expanded by 4.9 percent in the third quarter compared with a year earlier, putting the country on track for economic growth of between 1.9 percent … (…
Chinese city offers some people experimental Covid-19 vaccine
Yiwu, China, is giving out limited experimental Covid-19 vaccines to people with specific foreign travel needs. CNN’s David Culver goes to the international manufacturing hub and talks to people who … ( read original story…
Carrie Lam says remarks on Shenzhen’s rise taken ‘out of context’, touts Hong Kong’s key role in Greater Bay Area plan
Chief Executive Carrie Lam Cheng Yuet-ngor has sought to reassert Hong Kong’s vital role on a national level, a week after she was widely criticised for stating she was unbothered by being overtaken … (…
China’s box office overtakes North America’s for the first time with its earlier pandemic recovery
Movie theaters across China have reopened to eager audiences, as Beijing keeps a close watch over new coronavirus cases. ( read original story …)
Fortunes of China’s internet tycoons soar amid pandemic
A survey shows Jack Ma, founder of e-commerce giant Alibaba, held onto his status as China’s richest entrepreneur as the coronavirus shutdown propelled demand for online shopping and other services … ( read original story…