Chinese cosmetics firm Mao Geping made a blistering trading debut in Hong Kong after its HK$2.34 billion (US$300 million) offering, with the city’s initial public offering (IPO) market poised to end …
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Hong Kong IPO: Chinese cosmetics firm Mao Geping shines on debut as shares surge 70%
China make-up mogul nears billionaire status with Hong Kong IPO
His namesake firm, Mao Geping Cosmetics, could raise up to HK$2.1 billion (S$362 million) in the listing. Read more at straitstimes.com.
Makeup Artist Mao Geping Becomes Billionaire After Company’s Hot IPO
Mao Geping, the 60-year-old makeup artist, has become a billionaire thanks to a successful listing of his eponymous cosmetics brand in Hong Kong.
China has trade weapons to fight back, and is not afraid to use them
China has targeted Nvidia with an antitrust investigation in an apparent escalation of its response to the latest US attempt to cut off its access to advanced computer chips.
China is still all talk on stimulus – for one good reason
China is again talking up its willingness to stimulate its spluttering economy. But action is unlikely to come until we know more about Donald Trump’s plans.
Wuhan lab samples hold no close relatives to virus behind COVID
Shi Zhengli, the virologist at centre of COVID lab-leak theory, reveals coronavirus sequences from Wuhan institute.
China’s Shocking $1.4 Trillion Stimulus Push: Beijing’s Bold Move as Trump’s Tariff Threats Loom
China has announced a historic shift in its monetary policy, vowing to adopt an appropriately loose stance for 2025, marking its first easing in 14 years. The new approach, paired with a more …
New action plan to advance China’s digital finance sector by 2027
It focuses on digitalising financial institutions and leveraging data and technology. China is poised to significantly advance its digital finance sector, driven by government support and growing investor interest.
China’s exports, imports miss expectations in November as economic worries deepen
Export has been a rare bright spot as the world’s second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.
China’s export growth slows, imports shrink ahead of Trump tariffs
China’s exports grew at a slower pace in November than the bumper month before, while imports unexpectedly shrank, in a worrying sign for the world’s No. 2 economy as Donald Trump’s imminent return to …
Business News Live: Asian stocks rally on optimism over China stimulus
Benchmark stock indexes in China and Hong Kong both jumped from the open, while those in Japan and South Korea also climbed …
In China, people are hiring ‘climbing buddies’ for big money. The more attractive they are, the higher the price
Young Chinese men are earning almost twice the average monthly salary by hiring themselves out as “climbing buddies” to help visitors scale mountains. That’s raising some concerns.
Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing’s promise of stimulus and the sudden collapse of the Syrian government boosted oil …