China in 2018 adopted a U.S-style, registration-based IPO system on Shanghai’s Nasdaq-style STAR Market, and later in Shenzhen’s start-up board ChiNext, in a bold reform designed to give the …
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Scodix Ultra Digital Enhancement Press Delivers Award Winning Packaging Solutions to Shenzhen Wancai Smart Packaging
SCODIX, ISRAEL – Shenzhen Wancai Smart Packaging, one of the first companies to invest in the Scodix Ultra 1000 Digital Enhancement Presses in China, is seeing tremendous growth and recognition for …
China’s Inner Mongolia quarantines tourists over virus fears
BEIJING (AP) — More than 2,000 tourists visiting China’s Inner Mongolia region have been sent to hotels to undergo two weeks of quarantine following the detection of new cases of COVID-19 in the area.
China’s yuan closes near 2-week low as state banks buy dollars
“As the Thanksgiving and Christmas seasons are approaching in the fourth quarter, China’s export orders will remain strong, but they will also be subject to the fragile global supply chain,” China …
China expands coal production and imports to roll back coal prices
China’s state economic planner has said that it will use “all necessary means” to roll back record-high coal prices. China has been in the throes of an energy crisis, the result of dwindling …
Alibaba-Backed Huitongda May Delay $1 Billion Hong Kong IPO
Huitongda Network Co., an e-commerce platform that serves rural China, is considering delaying its planned Hong Kong initial public offering to next year, according to people familiar with the matter.
American Banks Have What They Want in China. Their Fate Is Still Out of Their Hands.
U.S. investment banks and asset managers can finally control their local subsidiaries in China. That spells huge opportunity—but also plenty of pitfalls.
BEST Inc. Agrees to Sell its Express Business in China
BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it has agreed to sell its express …
Promises, power plants and politics: China’s position ahead of COP26
Days before the United Nations COP26 summit in Glasgow, China has submitted a renewed emissions-cutting plan that failed to include substantial new commitments to drastically reduce carbon output in …
Xinhua Silk Road: China’s iconic sedan brand Hongqi outshines at Financial Street Forum 2021
BEIJING, Oct. 29, 2021 /CNW/ — Hongqi, an iconic sedan brand under China’s leading automaker FAW Group, has made a sparkling appearance at annual Financial Street Forum 2021 held in Beijing as …
Chinese IPO Flops Pile Up in Worst Week Since 2012
Investors in China are faced with the highest number of stocks falling on their first trading day in over nine years this week, shaking a long-held faith in fat gains on debuts as regulators step…
Ant Group-backed Paytm says it’s ‘more than well-capitalized’ after raising its IPO size
That would bring the total IPO size to 183 billion rupees ($2.44 billion). The start-up is backed by a number of prominent investors like Japan’s SoftBank, China’s Ant Group and Warren Buffett’s …
China’s Heilongjiang 2021 corn output seen rising 19% -think tank
China’s top corn growing province of Heilongjiang is expected to produce 19% more of the grain in 2021, a government think tank analyst said on Friday. BEIJING, Oct 29 (Reuters) – China’s top corn …
