Ascentage Pharma said on Tuesday it was targeting a valuation of $1.75 billion in its initial public offering, becoming the first sizeable Chinese firm to pursue a listing in the U.S. this year.
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China app RedNote scrambling to accommodate 700K new users seeking TikTok alternative
It has been viewed as a possible IPO candidate in China. In recent years, it has become a de facto search engine for its 300 million-plus users looking for travel tips, anti-aging creams and …
China’s shot in the arm for markets
A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump’s return to the White House, investors were delivered a bit of a…
China moves to boost languishing markets by ordering funds to invest more in shares
The Chinese government is trying to ensure that share prices on its domestic markets will rise by ordering pensions and mutual funds to invest more in domestic stock markets.
Stock market today: Asian shares are mixed after China rolls out market boosting measures
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and …
Nissan-Honda deal faces big problems in China
If there’s one thing executives at Honda Motor and Nissan Motor need to fix first when – and if – they merge, it’s their China business. The Japanese duo’s sales have been falling for years…
China to guide billions of dollars of insurance money into stocks
China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the authorities’ latest effort to support equity markets. Authorities will …
Chen Jing, award-winning computer scientist and blockchain expert, leaves US for China
Specialist in computational economics brings ‘dual perspective’ after returning to Beijing’s Tsinghua University as a professor.
American firms in China fearful of US-China trade turmoil at 5-yr high, survey shows
More than half of the American businesses in China, the highest level in five years, say they are concerned about a further deterioration in the bilateral relationship between the world’s two largest …
‘They tied me to a bed’ – China sees resurgence in medicating ‘trouble-makers’
When Zhang Junjie was 17 he decided to protest outside his university about rules made by China’s government. Within days he had been admitted to a psychiatric hospital and treated for schizophrenia.
Beijing English Map launches for trial operation
Beijing has recently launched an English map to enhance travel services for foreign nationals in the city. The map is now available for a one-month trial run on the Beijing Platform for Common …
Trump will pull this if China says they aren’t selling TikTok, Lou Basenese predicts
The Basenese Group CEO and chief strategist Lou Basenese discusses the Trump administration launching a crypto task force and the future of TikTok as the president signs a 75-day delay.
Brazil says soy shipments to China from five firms halted due to contamination
By Laurie Chen, Mei Mei Chu, Ella Cao and Naveen Thukral BEIJING (Reuters) -China, the world’s biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five firms after cargoes did not meet phytosanitary requirements,
