A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. ( read original story…
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TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber
The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. ( read original story …)
Kuaishou, TikTok’s rival in China, could be the biggest IPO since the pandemic began
A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. ( read original story…
Chinese brands are gaining popularity at home. Here are 3 stocks to watch
Social media and e-commerce have shaken up the retail industry and raised stakes for companies trying to sell to China’s increasingly price-conscious consumer. ( read original story …)
China says U.S. military in South China Sea not good for peace
The United States often sends ships and aircraft into the South China Sea to “flex its muscles” and this is not good for peace, China’s Foreign Ministry said on Monday, after a U.S. aircraft carrier…
China tackles pandemic with mass construction once again
A sprawling quarantine center is more than 4,000 rooms is being thrown up in northern China in response to a COVID-19 outbreak in Shijiazhuang, a city of more than 10 million people in Hebei province.…
Exclusive: China’s Huawei in talks to sell premium smartphone brands P and Mate – sources
China’s Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter said, a move that could see the company ……
China Evergrande shares jump on unit’s fund-raising plan
Debt-laden property developer China Evergrande jumped more than 8% on Monday after its electric vehicles unit said it would raise $3.4 billion by bringing in six new investors, a move that analysts … ( read…
Shares in China Evergrande’s EV unit surge 60% on capital injection
Shares in the electric car unit of China Evergrande, the world’s most indebted property company, surged to a record high after a $3.4bn cash injection boosted hopes for its stalled ambitions to rival … (…
Explainer: South China Sea Tension Flares Again as Biden Takes Charge
The patrol comes just days after Joe Biden was sworn in as U.S. president and follows a year of repeated demonstrations of military power by both Beijing and Washington. China has complained about U.S ……
South China Sea’s Paracel Islands tourism is about more than travel
After 11 months’ suspension due to the pandemic, China’s cruise ships have set sail again. Two Chinese cruise ships are running from the port of Sanya to the Paracel Islands, an archipelago in the ……
China Gold Miners Rescued Early After Cavities in Shaft Discovered: Official
Rescue workers help a miner as he is brought to the surface at the Hushan gold mine after the January 10 explosion trapped workers underground, in Qixia, Shandong province, China January 24, 2021. ( read…
China pushes fringe theories on pandemic origins, virus
Chinese state media have played up questions about Pfizer’s COVID-19 vaccine and whether it could be lethal to the very old. A government spokesperson suggests the coronavirus could have emerged from … ( read original…
