The Chinese company owned 78.85 million of Didi’s Class A shares as of Dec. 31, up from 77.07 million shares disclosed at the time of the IPO … Since then, Beijing has ordered the removal…
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Tencent Says Hasn’t Bought Didi Shares Since U.S. IPO
The Chinese company owned 78.85 million of Didi’s Class A shares as of Dec. 31, up from 77.07 million shares disclosed at the time of the IPO, the filing showed … Since then, Beijing has…
Arm US IPO in flux due to legal troubles in China
The head of the joint venture, Allan Wu, has filed a third legal case against Arm China via one of its companies, according to the Financial Times, citing a court filing. Wu reportedly wants to…
BMW sees up to $9.1B boost from taking controlling stake in China JV
Chinese authorities gave BMW permission to raise its stake in the business with Brilliance China Automotive Holdings to 75 percent from 50 percent, the automaker said in a statement Friday. The move …
China Around View System (AVS) Suppliers and Technology Trends Report, 2021 – Chinese Brands
New York, Feb. 11, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “China Around View System (AVS) Suppliers and Technology Trends Report, 2021 – Chinese Brands …
China’s industry ministry gives itself more power over data transfers in updated rules
China’s Ministry of Industry and Information Technology (MIIT) has published an updated draft data regulation with stricter requirements for the management and transfer of data, which gives it a …
China grants approval to GSK’s Benlysta for lupus nephritis treatment
Data, insights and analysis delivered to you View all newsletters By the Pharmaceutical Technology team Sign up to our newsletters Sign up here GSK R&D chief scientific officer and president Hal …
China exporting hazardous goods in garb of fertilizers: Report
China has been exporting hazardous goods with explosive properties in the garb of fertilizers and skipping safety precautions that facilitate safe storage and shipment of goods by providing …
China suspends Lithuanian beef, dairy, beer imports amid Taiwan row
China’s General Administration of Customs had informed the country it was halting the exports due to “lack of documentation”, the agency said in a statement China suspended imports of beef, dairy and …
China’s Tencent denies buying more DiDi shares since US IPO
China’s Tencent has denied buying more shares in DiDi Global … It had added about 1.8 million DiDi Class A ordinary shares to its last-known holdings during DiDi’s IPO. As of December, Tencent owned …
The Largest Digital Bank in China featured in the latest Forbes Blockchain 50
SHENZHEN, China, Feb. 11, 2022 /PRNewswire/ — WeBank, the world’s leading digital bank, is featured in the Forbes Blockchain 50 2022. The bellwether list recognizes large corporations that lead in …
Fifty Years After the Nixon-Mao China Opening, U.S.-Chinese Relations Are Getting Worse
He started the FBI China Initiative, harassing Chinese American scientists and falsely accusing some of espionage, undermining legitimate efforts against Chinese spying, mainly on U.S. business.
Tencent Says Hasn’t Bought More Didi Shares Since its U.S. IPO
Since then, Beijing has ordered the removal of more than two dozen Didi applications from app stores, initiated probes into its business practices and pressured the company to delist from New York.