Beijing is again lashing out at a U.S. decision to impose sanctions on countries that buy Iranian oil, calling it a violation of China’s interests that will intensify turmoil in the Middle East and ……
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Starbucks’ China challenger Luckin to raise up to $800 million in U.S. IPO: sources
HONG KONG/BEIJING (Reuters) – Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through which, sources said, it is looking to raise … ( read…
Tencent-backed live-streaming firm DouYu files for $500 million U.S. IPO
Chinese companies have raised $271 million through U.S. IPOs so far this year, with the biggest deal being that of Ruhnn Holding Limited which raised $125 million, Refinitiv data showed. ( read original story …)
Fast track: Indonesia, Malaysia rail projects may give China more deals
Analysts say China is likely to use its willingness to work with partner nations and make projects feasible to seek more business. Bankers familiar with the deal say the Indonesian project is … ( read…
China Signals Less Stimulus, Undermining World’s Hottest Stocks
A gauge of property developers in Shanghai tumbled 3.8 percent on Monday, its worst performance since March 8, with Gemdale Corp. and China Vanke Co. losing more than 6 percent. Sany Heavy Industry Co ……
ExxonMobil agrees 20-year LNG deal with China’s Zhejiang Energy
SINGAPORE (Reuters) – Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as the U.S. oil and gas giant steps up marketing … (…
Beijing sees rapid growth in commercial property deals, fuelled by big spenders
Beijing became a star performer in the commercial property investment market in the last quarter with a 50 per cent jump in completed big-ticket transactions. Six en-bloc transactions – sales of … ( read original…
China’s Starbucks Challenger Files for U.S. IPO
(Bloomberg) — Luckin Coffee Inc., the ambitious startup that is challenging Starbucks Corp. in the race to dominate China’s growing coffee culture, filed for a U.S. initial public offering. The … ( read original story…
No, China Didn’t Ban Bitcoin Mining
If you’ve gone anywhere near the internet this month, you’ve probably heard about the untimely demise of China’s Bitcoin mining industry. As reported in many media outlets, some three quarters of … ( read original…
Starbucks rival Luckin Coffee files for IPO, eyes China dominance
Beijing-based chain Luckin Coffee on Monday filed for an initial … said it would look to raise $100 million in its IPO, but did not say how many shares would be offered for sale. The…
Lincoln Corsair will be first Lincoln model built in China
Lincoln will build its brand new Corsair SUV in China, making it the first model the brand has ever built there. According to a report from Automotive News filed on Wednesday, the MKC predecessor ……
China’s First Blockchain-Enabled Notary Opens Office in Beijing
Hu Jiyu, a professor at the School of Business of China University of Political Science and Law, is also quoted stating that blockchain has the advantages of low cost, high efficiency and stability. ( read…
Beijing Just Undermined China’s $2.5 Trillion Stock Rally
(Bloomberg) — The world’s best performing stock market is suddenly looking a lot more vulnerable after Beijing officials signaled they’re less amenable to adding stimulus. The CSI 300 Index of … ( read original story…
