DreamSmart, the start-up behind smartphone brand Meizu, may seek a valuation of more than US$2 billion for a potential Hong Kong share sale this year, sources say.
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Geely-backed smartphone maker DreamSmart taps CICC, Huatai for potential Hong Kong IPO, sources say
Stocks are mixed as China scrambles to avoid major real estate developer bankruptcy
HONG KONG (AP) — China stocks were mixed Wednesday as the country scrambled to avoid major real estate developer bankruptcy.
African Development Bank chief criticizes opaque loans tied to Africa’s natural resources
The head of the African Development Bank is calling for an end to loans given in exchange for oil or critical minerals used in smartphones and electric car batteries …
Former China Development Bank vice-president under investigation
Former vice-president of China Development Bank Li Jiping has been placed under disciplinary and supervisory investigation, an official statement said on Wednesday. Li is being investigated by the …
Geely-Backed Phonemaker Taps Banks for IPO at $2 Billion Value
DreamSmart Group, the smartphone maker that last year pivoted toward developing artificial intelligence for mobile devices, has selected banks to prepare for its Hong Kong initial public offering that …
An explosion in a building outside Beijing kills 1 person and injures 22
Chinese broadcaster CCTV says rescuers are responding to an explosion in a building in a city outside of Beijing that has killed one person and injured 22.
Chinese state media say an explosion has killed one person and injured 22 in a building outside Beijing
Chinese state media say an explosion has killed one person and injured 22 in a building outside Beijing …
Explosion in Beijing’s satellite town Yanjiao during morning peak hour causes 1 death, 22 injuries: reports
Screenshots of circulating videos showing the explosion taken place in Yanjiao in Sanhe city, North China’s Hebei Province on March 13, 2024. Photo: Sina Weibo. An explosion occur …
One killed, several injured at restaurant explosion in China’s Hebei province
One person was killed and 22 injured when an explosion destroyed a restaurant in Hebei province in China, badly damaging cars and leaving debris scattered on surrounding streets, Chinese state media …
Explosion in a building outside Beijing kills 1 person and injures 22, state media say
BEIJING (AP) — Rescuers are responding to an explosion in a building in a city outside of Beijing that has killed one person and injured 22, according to state broadcaster CCTV. The building exploded …
Alert: Chinese state media say an explosion has killed one person and injured 22 in a building outside Beijing
BEIJING (AP) — Chinese state media say an explosion has killed one person and injured 22 in a building outside Beijing.
Korea to Review Risky Financial Products After China-Tied Losses
South Korea plans to review the sale of potentially high-risk investments after a probe found that banks missold China-linked structured products to retail investors who are facing more than $4 …
U.S. Announces $4 Billion Strategy to Counter China’s Influence
The move comes in response to China’s extensive Belt and Road Initiative, which has significantly overshadowed U.S. efforts in funding infrastructure development in developing countries. Chinese …