The Chinese government is considering imposing a ban on foreign listings for companies that control large amounts of sensitive consumer data, The Wall Street Journal reported Friday. China’s stock …
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China Set To Propose Ban On Foreign Listing For Firms Handling Sensitive User Data, Report Says
The proposed rules, reported by the Wall Street Journal, could prevent major Chinese internet firms from launching U.S. IPOs.
Indonesia’s J&T Express Eyes Shifting IPO From U.S. to Hong Kong
J&T Express, an Indonesian courier company, is considering shifting its planned U.S. initial public offering to Hong Kong in a debut that could raise about $1 billion, according to people familiar …
Carlo Ratti Associati designs hydroponic “farmscraper” for Shenzhen
Carlo Ratti Associati has unveiled plans to build a 218-metre-tall skyscraper in China that will grow crops using hydroponics.
China’s Zhifei unit’s COVID-19 shot shows 81.76% efficacy in late-stage trial
A COVID-19 vaccine developed by a unit of China’s Chongqing Zhifei Biological Products (Zhifei) (300122.SZ) showed a 81.76% efficacy rate against COVID-19 cases of any degree of severity in a …
Onion Global Launches ZIPLAB ‘New Retail’ Showroom to Build Closed-loop Ecosystem for Brands
Onion Global Limited (“Onion Global”, the “Group” or the “Company”) (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets and distributes the world’s fresh, fashionable and …
5 Reasons ‘New Luxury’ Is the ‘New Normal’ in China
Starbucks isn’t strictly a luxury brand, but it holds a position as ‘New Luxury’ in China, where consumers are searching for prestige and self-identity.
China to clamp down on tech firms’ overseas IPOs: Report
Officials from the China Securities Regulatory Commission said that even Chinese firms in less sensitive sectors would need regulatory approval to list abroad.
Current COVID-19 outbreak in China controlled: health official
The latest COVID-19 outbreak in China has been controlled, a health official said Friday. The number of locally-transmitted cases has been declining for 11 consecutive days across the country, Mi Feng …
Beijing named demonstration city for hydrogen FCVs
Beijing was picked as one of the first batch of demonstration cities for hydrogen fuel cell vehicles (FCVs) in China. The city has developed a financial support system for FCVs and planned to provide …
Pushing the Limits Paid Off for Didi, Until China Cracked Down
The ride-hailing giant learned to thrive in legal gray areas while Beijing mostly looked the other way. Now the government is paying attention.
China’s Covid-19 vaccination drive is about to exceed the 2 billion mark. But the public is increasingly frustrated by coercive measures
China is on course to administer more than 2 billion coronavirus vaccine doses by Friday, after authorities ramped up the country’s inoculation drive — at times triggering backlash through the use of …
Why Covid-19 didn’t hurt tech brands’ appetite for Asian investment
Companies have reason to be sceptical about investment in Asia in general and in China in particular. In China, Beijing is tightening its grip on its thriving tech industry, forcing companies like …