Reddit disclosed financial details of its forthcoming IPO, through which it’s aiming to raise as much as $748 million.
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COVID-19 uptick seen as normal fluctuation
Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in Shenzhen
Rain pounds Beijing as Typhoon Dolphin sweeps through China
Beijing shuts tourist sites, suspends bus services as heavy rain continues
China responds to expanded UFLPA Entity List, blacklists six US companies
Shenzhen, Hong Kong, and the two competing mega-bridges designed to build a 100 million person megalopolis
Russia is helping China close gap with US forces amid Taiwan tensions, warns longtime military leader
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Reddit IPO to Raise up to $748 Million Through Stock Debut, With Valuation of up to $6.4 Billion
China Market Update: Shanghai & Shenzhen Break Out Of Consolidation Levels, Trump Opposes TikTok Ban
Asian equities were largely lower, as Hong Kong and Mainland China posted a strong start to the week while Japan and Australia underperformed the region.
China Announces New Defense Pact in Strategic Region
Maldives will receive military assistance from Beijing as part of a defense pact as the island nation pivots away from New Delhi.
US Responds to Russia-China Plan to Put Nuclear Reactor On Moon
T he State Department has urged a “rigorous” safety evaluation of a proposed joint Russia-China plan to establish a nuclear-powered lunar base within the next decade. Yuri Borisov …
China will launch giant, reusable rockets next year to prep for human missions to the moon
China’s new jumbo-size, reusable rockets are part of the country’s plans to send humans to the moon by 2030. China plans to launch two reusable rockets in 2025 and 2026 in preparation for future …
Apple and Tesla feel the pain as China opts for homegrown products
Apple and Tesla are the latest foreign companies to feel the pain of China’s shift towards local brands. Sales of Nike and Adidas clothing have yet to return to their 2021 peak. A recent McKinsey…
China to launch more equity investment pilots to support sci-tech enterprises
Photo by Kuang Linhua/chinadaily.com.cn] Focusing on financial asset investment companies, China plans to launch more pilots for equity investment and thereby provides stronger support for sci-tech …
How China Changed Under Xi Jinping, Explained in 12 Charts
Since he took over running the country in 2012, Chinese President Xi Jinping has personalized power to an extent not seen in decades. That also means he’s more accountable than ever for hitting the …
South Korea watchdog finds wrongdoings in sales of China equity derivatives
South Korea’s financial market watchdog said on Monday it has found wrongdoings by financial firms selling derivatives linked to a Hong Kong stock market index. “The inspection result shows there was …
Australian Writer’s Death Sentence in China May Not Be Executed
China’s ambassador to Australia suggests that imprisoned Australian writer Yang Hengjun may avoid execution if he commits no further crimes.
US Army to Help Build New Seaport Near China
The U.S. funded seaport is being constructed with an eye toward receiving Philippine residents of Taiwan in the event of a conflict with China.
China is working on a system to rival Elon Musk’s shelved Hyperloop idea — now, the train can reach an incredible 387 mph
If it’s successful, it could be the next potential solution for high-speed travel across relatively short distances. China is working on a system to rival Elon Musk’s shelved Hyperloop idea — now, the …
US is constantly assessing expansion of chip export controls that can boost China’s military
The U.S. commerce secretary says Washington is constantly assessing the need to expand export controls to stop China from acquiring advanced computer chips and manufacturing equipment that can be used …
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