The retailer, known for its jogger pants, is looking to snag market share in Asia from rivals like Lululemon and Alo Yoga.
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China Resources New Energy draws $943 billion in retail bids for biggest Shenzhen IPO
By Yantoultra Ngui SINGAPORE, June 23 (Reuters) – China Resources New Energy’s Shenzhen IPO drew about 6.4 trillion yuan ($943.2 billion) in bids from retail investors, a filing showed on Tuesday, as …
Beijing’s revenge: China turns off the tap for the American defense industry
The trade war escalates: China imposes severe sanctions on rare earth giants and defense companies from the US.
China Takes Supercomputer Crown From U.S. for First Time Since 2017
A supercomputer in Shenzhen was declared the world’s fastest. It uses only standard microprocessors and not the special-purpose chips called graphics processing units.
This Megafactory Is a Test Case for the U.S.-China Tech Race
Chinese firms have some of the world’s most advanced technology. But U.S. officials say relying on it could come with a downside.
China’s EV brands have Europe’s luxury marques in their sights: Zeekr executive
Zeekr vice-president Mars Chen says Chinese carmakers have edge in meeting demand for electric luxury cars Luxury electric vehicle (EV) brands from China are poised to enter the same elite tier as …
China’s Momenta plans to launch Hong Kong IPO next week, source says
HONG KONG, June 23 (Reuters) – Chinese autonomous driving developer Momenta is planning to launch its Hong Kong initial public offering as early as next Monday, said a source with knowledge of the …
China’s latest tool to control a disputed atoll: a strange floating platform
The movable structure has renewed fears that Beijing is expanding its campaign to dominate the South China Sea …
MP Materials (MP) Faces Fresh China Export Controls As Rare Earth Focus Grows
China has added MP Materials (NYSE:MP) to its export-control list, signaling closer scrutiny of the company’s rare earth shipments. The move highlights MP Materials’ role in supplying key inputs for …
China’s Gold Imports Surge to Most in More Than Two Years
China’s monthly gold imports reached their highest in more than two years in May, showing the world’s biggest buyer’s appetite for bullion remained resilient as prices remained under pressure.
CR New Energy’s Record IPO Gets Strong Retail Demand in Shenzhen
China Resources New Energy Holdings Ltd. drew strong demand from investors as it opened books for what is set to be the largest-ever initial public offering on the Shenzhen Stock Exchange, …
China narrows fiscal deficit for first time in two years, and crypto markets should pay attention
China narrowed its fiscal deficit for the first time in two years, choosing austerity over stimulus. Here’s what it means for crypto and global risk …
The ruin of China’s London property boom
How the collapse of Chinese investment left London with ghost neighbourhoods – A boom time of development investment has come to an end — and the capital is left with ghost neighbourhoods and holes in…
