(Reuters) – Chinese chip maker Changxin Memory Technologies Inc (CXMT) is delaying its initial public offering (IPO) and will consider raising funds at a valuation of 140 billion yuan ($19.51 billion) …
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China’s Changxin Memory Delays IPO, Eyeing Valuation of $19.5 Billion – Bloomberg News
China Slams US Ally for Multiple Intrusions Into Declared Chinese Waters
Beijing has accused the Philippines of breaking a “tacit” agreement not to ferry building supplies to Second Thomas Shoal.
Understanding The US-China Transshipment Issues From A Malaysian Perspective.
Understanding The US-China Transshipment Issues From A Malaysian Perspective. Legal News and Analysis – China, Malaysia, USA – Regulatory & Compliance, Shipping Maritime & Aviation – …
Yidan Prize winners visit Shenzhen
Winners of the Yidan Prize, the world’s biggest education accolade, visited Shenzhen on Dec 6 to exchange their experiences in education. [Photo provided to China Daily] The previous and latest award …
China’s Xi visits Vietnam in bid to counter US
China’s President Xi Jinping arrived in Vietnam Tuesday for his first visit in six years, as he seeks to counter the United States’ growing influence with the communist nation.During Biden’s visit, …
China overtakes US as branded coffee shop capital of the world
Number rose by almost 60% in a year to 49,691 stores, making China ‘a global coffee industry powerhouse’ …
Cambodia logs slight rise in exports during January-November
PHNOM PENH, Dec. 12 (Xinhua) — Cambodia exported 20.5 billion U.S. dollars worth of goods in the first 11 months of 2023, a slight increase of 1.2 percent from 20.24 billion dollars year on year,…
U.S. Companies Are Finding It Hard to Avoid China
H ONG KONG—American companies, under heavy pressure to reduce their exposure to China, are increasingly turning to factories in places such as Vietnam, Indonesia and Mexico. Many are finding it hard …
China 2023 steel output set to rise despite property woes: Russell
China’s steel output is expected to rise for the first year in three in 2023 as a soft domestic property sector is compensated by strong vehicle manufacturing and rising exports.
China Chipmaker Seeks Funds at $19.5 Billion Value as IPOs Cool
Changxin Memory Technologies Inc. is delaying its initial public offering and will instead consider raising funds at about a 140 billion yuan ($19.5 billion) valuation, becoming the latest Chinese …
China raises technology requirements for new energy vehicles to qualify for purchase tax reduction and exemption
China adjusted technical requirements for new energy vehicle eligible for reducition and exemption of vehicle purchase taxes.
China deflation worsens as economic problems mount
In another indication of expectations of a worsening economic outlook, rating agency Moody’s last week cut its outlook for Chinese sovereign debt to negative.
UK companies pause China investment decisions as economy slows, survey shows
A slowdown in both the Chinese and global economies is the biggest issue affecting British firms in the world’s second-largest economy, beating geopolitical concerns and market access barriers, …
