China’s exports fell in March but at slower pace than the 17% contraction seen in January-February as the coronavirus shutdown paralyzed much business activity. Exports … ( read original story …)
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China’s exports fall in March as pandemic hits world markets
Reopenings Weighed; China Makes Pledge to Africans: Virus Update
Countries across the globe weighed the timing for easing restrictions, as the CDC said the outbreak has stabilized across the U.S. and other hot spots showed slower rates of infections. ( read original story …)
What Is Beijing Enterprises Environment Group’s (HKG:154) P/E Ratio After Its Share Price Tanked?
To the annoyance of some shareholders, Beijing Enterprises Environment Group (HKG:154) shares are down a considerable 35% in the last month. Indeed the recent decline has arguably caused some … ( read original story …)
China’s Bank of Gansu pledges 30 bln yuan loans, report of capital injection
China’s Bank of Gansu has agreed to loan 30 billion yuan ($4.26 billion) to state firms over the next three years, after the Gansu provincial government reportedly agreed to provide a capital … ( read…
Beijing tightens grip over coronavirus research, amid US-China row on virus origin
China has imposed restrictions on the publication of academic research on the origins of the novel coronavirus, according to a central government directive and online notices published by two Chinese … ( read original story…
Hong Kong shares end higher as China trade data lifts sentiment
Hong Kong shares closed higher on Tuesday after China reported smaller-than-expected contractions in imports and exports in March, and as fears over the global spread of the new coronavirus eased. ** … ( read original…
China approves 5 new IPO applications
China’s top securities watchdog has approved the initial public offering (IPO) applications of five companies. Xiangyang Changyuandonggu Industry Co., Ltd., Three’s Company Media Group Co., Ltd., … ( read original story …)
U.S. Blacklist Hurt China AI Giant’s Sales Ahead of IPO Attempt
Megvii, backed also by Alipay-operator Ant Financial, Lenovo Group Ltd. and China Mobile Ltd., this year allowed its application for a Hong Kong IPO to lapse, throwing its future plans into question. ( read original…
Alibaba-Backed AI Startup Sales Triple Enroute to IPO
Megvii Technology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security.The Alibaba Group Holding Ltd.-backed startup tripled revenue to 949 million yuan … ( read original story …)
Citi Replaces Credit Suisse on WeDoctor IPO Role
Citigroup Inc. has been picked for a top role on WeDoctor’s Hong Kong initial public offering, replacing Credit Suisse Group AG, according to people with knowledge of the matter. ( read original story …)
China probes alleged fraud at Luckin Coffee, banks review IPO work
“It will affect potential U.S. IPOs from China. China’s economy is not doing well already and with Luckin’s scandal these companies will face much tighter scrutiny for going public,” said … ( read original story…
Renault withdraws from Dongfeng venture, its main China business, as sales slump
Renault SA said on Tuesday it is pulling out of a loss-making business with Dongfeng Motor Group due to poor sales, becoming only the second global automaker to exit a major venture in China in…
China is back to business, but these five questions need an answer
The world is still struggling with a crisis that was originated in China and it needs a lot of answers from the Asian giant … ( read original story …)
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