Chinese EV producer XPeng filed for an IPO, seeking to raise up to $1.11 billion by selling 85 million ADSs at $11 to $13 each. ( read original story …)
Tagged By beijing
US-China: Is Huawei ‘too big to fail’?
Washington’s latest sanctions have been likened to a ‘death sentence’ on the telecoms group but some say that is premature … ( read original story …)
$50bn in cryptoassets moved out of China in the past year
Report may indicate investors could be using stablecoin Tether to dodge rules to limit capital flight from China. ( read original story …)
Bitcoin Has Lost Its Way: Here’s How to Return to Crypto’s Subversive Roots
Bitcoin has traded its radical potential for the prospect of mainstream adoption. It’s not worth it, writes Rachel-Rose O’Leary. ( read original story …)
Chinese EV maker Xpeng sets terms for $1 billion US IPO
X peng, which manufactures smart electric SUVs and sedans in China, announced terms for its IPO on Friday. The Guangzhou, China-based company plans to raise $1.0 billion by offeri … ( read original story …)
Xpeng seeks to raise up to US$1.1 billion in New York IPO as electric car maker prepares to challenge Tesla in China
China’s electric car start-ups are rushing to raise capital to fight for market share in the world’s largest car market where sales are forecast to triple by 2025. ( read original story …)
Chinese EV maker XPeng looks to raise up to $1.11 billion in U.S. IPO
Chinese electric vehicle manufacturer XPeng Inc said it is hoping to raise up to $1.11 billion in its U.S. initial public offering, seeking to ride the enthusiasm for EVs even as U.S.-China relations … (…
Beijing parades strength in waters off Taiwan
China has completed a three-day live-fire exercise in the East China Sea in an intensification of its sabre rattling at Taiwan, the self-governing island Beijing regards as a renegade province.China’s … ( read original story…
Xi Declares War on Food Waste, and China Races to Tighten Its Belt
The Communist Party’s “clean plate” campaign targets livestreaming extreme eaters, wasteful diners and others amid concerns about China’s ability to feed its 1.4 billion people. ( read original story …)
Republicans Want China to Define 2020 Election, Securing Victory for Trump
President Donald Trump has sought to blame China for the COVID-19 coronavirus pandemic, hoping that his tough-on-Beijing record can help him overturn Democratic nominee Joe Biden’s lead in the polls. ( read original story …)
China Media Says Bannon Arrest Shows ‘True Nature’ of Trump Administration
Bannon appeared in court Thursday accused of fraud related to an online fundraising campaign for Trump’s proposed border wall with Mexico. ( read original story …)
China promised to follow Phase One trade deal, Pompeo says
China has promised to follow the Phase One trade deal reached with the United States, Secretary of State Mike Pompeo said on Friday, despite a delay in talks to review progress on the deal. (…
U.S. will aim to block Russia, China from violating Iran sanctions: Pompeo
The United States is prepared to block Russia and China from any attempts to violate sanctions on Iran, U.S. Secretary of State Mike Pompeo said on Friday, one day after Washington moved to restore ……
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