China’s Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans. The company sold 800 …
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Inaugural Fuhai Cup Basketball Tournament Concludes in Shenzhen with Nitto Precision Team as Champions
On March 23, the basketball gymnasium of the Southern University of Science and Technology Affiliated High School in Fuhai Street, Bao’an District, Shenzhen echoed with cheers and applause, marking …
China’s Xiaomi to raise $5.5 billion in placement for business expansion
China’s Xiaomi Corp said on Tuesday it is looking to raise an aggregate of HK$42.6 billion ($5.48 billion) via a placement in a bid to accelerate business expansion.
China’s LNG import plunge comes at just the right time for Europe
China’s imports of liquefied natural gas have sputtered this year, freeing up volumes that are helping Europe restock its rapidly dwindling supplies following a harsh winter.
Hong Kong ETF issuer says China is preparing a shift into Bitcoin and crypto
Hong Kong exchange-traded fund (ETF) issuer Hashkey Capital CEO Chao Deng says the Asian country is looking into Web 3 and crypto and might reconsider its stance on digital currencies. Although crypto …
Canada says China and India may seek to meddle in election
China and India are likely to try to interfere in the Canadian general election on April 28, while Russia and Pakistan have the potential to do so, the country’s spy service said on Monday.
China’s CPIC Rolls Out $100M Tokenized Fund with HashKey as RWA Trend Expands in Asia
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
Chinese-Owned Brands Gain Momentum In Europe’s EV Market, Collectively Outsell Tesla
Chinese-owned brands outperformed Tesla in the European car market in February. Tesla registered 15,700 EVs last month compared with 19,800 for Chinese brands. BYD, Polestar and XPeng all gained …
The U.S. is not prepared to win an economic war against China-built containerships, farmers, ocean carriers warn
The US wants steep fines on Chinese vessels to revive domestic shipbuilding, but the economy, from farmers to ocean carriers, say a huge price will be paid.
It’s join or get left behind when it comes to Chinese brands, say car dealers
Chinese car brands have become a popular choice for consumers, and car dealers have said they needed to join in or miss out. Franchise car dealer brand …
India is hoping its manufacturing industry will profit from Trump’s tariffs on China
India is hoping to attract more manufacturing as the Trump administration’s tariff policies make it more expensive to do business in China.
China Unveils Game-Changing Weapon That Could Decide Future Wars
China has seen a rise in patent filings for tools capable of severing submarine cables—which facilitate more than 95 percent of global communications.
A mix of science and tradition helps restore relics in China’s Forbidden City
About 150 restorers are fusing scientific analysis and traditional techniques to clean, patch and revive Forbidden City relics.
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