Hong Kong-listed Budweiser Brewing Co APAC Ltd saw both its top and bottom lines surge in 2021 mainly due to success of its premium beer brands, the company’s CEO and Co-Chair Jan Craps said on…
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Hong Kong Exchanges Touts IPO Backlog After Record Annual Profit
Hong Kong’s stock-exchange operator reported a profit equivalent to $1.6 billion, up 8.8% from the prior year but slightly lower than analysts polled by FactSet had expected.
Foreign enterprises ready to explore ‘blue ocean’ in China’s Olympic economy
Despite the curtains closing on the Beijing 2022 Winter Olympics, the event has opened up a new vista for the Chinese market that might potentially reshape the world’s ice and snow industry, as …
France and China link up in global infrastructure projects
Paris and Beijing have agreed to build infrastructure projects in Africa, South East Asia and eastern Europe. But will this help shine light on China’s opaque foreign investments or just give the …
Hyundai Motor, Kia continue to struggle in China
Despite achieving success in the United States, Europe and other markets, Hyundai Motor and affiliate Kia continue to struggle in China, lagging behind their rivals in responding to rapidly-changing …
Chinese AI Unicorn 4Paradigm Tries for Hong Kong IPO Again
Chinese artificial intelligence startup Beijing Fourth Paradigm Technology, which trades as 4Paradigm, has resubmitted its application to go public on the Hong Kong stock exchange just 10 days after …
China vows to boost support for export credit insurance
China said Wednesday that it is stepping up support for export credit insurance to spur the stable growth of foreign trade, especially for countries and regions participating in the Belt and …
China’s Horn of Africa envoy advances Beijing’s push for peace in strategic and complex region
Beijing’s newly created diplomatic post is set where civil wars, Islamist insurgencies and military coups have threatened investments.
Ramping up imports: China endorses new LNG infrastructure projects worth $2 billion
Two new LNG terminals to be built in Fujian and Guangdong will have a total LNG import handling capacity of more than 11 million tonnes a year.
China continues inroads in Middle East with plane sale to UAE
Saudi Arabia, Iran and Turkey were already members. What’s next: The Emirati Defense Ministry is in the “final stage” of negotiations with China’s National Aero-Technology Import & Export Corporation …
Global pig iron trade falls in 2021 as China import down
Continued restrictions on BF production in China may trigger imports. Global seaborne trade in pig iron shrunk by 3.4% in calendar year’21 (CY’21) to just over 13 million tonnes (mnt) from 13.83 mnt …
China’s oil dependence on imports sees drop
China’s dependence on crude oil imports has dropped for the first time in the past two decades in 2021, from 73.6 percent in 2020 to 72 percent in 2021, official figures said. Total crude imports…
‘Fashion-forward’ female favourite: China’s Yeyo plans plant-based innovation drive to target core audience
China’s first coconut yoghurt brand Yeyo has plans to bolster its product portfolio with more innovations targeting its core audience of ‘fashion-forward’ female consumers, banking on its successful …
