In wake of the trade conflicts and souring relations between China and Australia, importers across Beijing are expected to brace for a possible round of sanctions on copper ore and copper concentrate … ( read…
Tagged By beijing
Chinese Lender Lufax Raises $2.36 Billion in IPO. Why It’s a Broken Deal.
Shares closed at $12.85, below its $13 IPO price, making it a so-called broken deal. Lufax is looking to make retail borrowing and wealth management easier, safer, and more efficient in China. It … (…
Ant Group’s Financially Inclusive Blockbuster IPO
Ant Group from the beginning has sought to be financial inclusive through its wealth management products and lending. Its IPO was no different. ( read original story …)
China sees 24 new coronavirus cases
Beijing, Nov. 2 (Petra) — China on Monday announced that 24 new COVID-19 confirmed infections were recorded during the last 24 hours, the National Health Commission (NHC) said in its daily statement. ( read original…
China new home price growth quickens in October, private survey shows
Chinese home price growth quickened in October, driven by stronger increases in bigger cities, in the eighth month of gains since February’s contraction due to the coronavirus pandemic, a private … ( read original story…
China appears to be testing a brand new military exoskeleton
China’s military is apparently testing a new exoskeleton to help soldiers haul heavy loads with relative ease, according to footage broadcast on Chinese … ( read original story …)
China’s factory sector nears decade-high led by boom in domestic demand, but exports slowed as COVID-19 spike hit US and Europe
Asia’s second-largest economy is recovering from the start-of-the-year weakness, but the risk of declining export demand still poses a risk. ( read original story …)
In Hunt for Virus Source, W.H.O. Let China Take Charge
As it praised Beijing, the World Health Organization concealed concessions to China and may have sacrificed the best chance to unravel the virus’s origins. Now it’s a favorite Trump attack line. ( read original story…
China’s Stance on Homosexuality Has Changed. Its Textbooks Haven’t.
A lawsuit brought by a student is part of an effort to get schools, editors and publishers to recognize that being gay is not a mental disorder. ( read original story …)
China expects sales of NEVs to make up 20% of total new sales by 2025
SHANGHAI (Reuters) – Sales of new energy vehicles (NEV) in China, the world’s biggest auto market, will jump to 20% of overall new car sales by 2025 from just 5% now, the State Council said…
EMERGE 2020 | Central mandates are China’s edge for decentralized ledgers
China’s blockchain developers are riding a wave of state … “But out of that, innovative things will emerge.” Crypto investors are also misallocating funds in exchanges, Graham said. He cited the … ( read original…
Retail Investors Placed Bids for Record $3 Trillion of Shares in Ant Group’s IPO
Retail investors placed bids for a record $3 trillion of shares in Ant Group Co. Ltd.’s dual listing in an unprecedented show of interest by mom-and-pop … ( read original story …)
What Ant Group’s world beating IPO means for Asia’s mobile payment giants
The Chinese behemoth spies great riches in the untapped market of Southeast Asia, but home-grown unicorns like GoPay and GrabPay will put up fierce resistance – as will smaller players who decide to … (…
