Hoymiles Power Electronics set its Star market IPO price at Rmb557.8 ($87.6) on Tuesday, the highest seen in the A-share market. The company is selling 10m renminbi-denominated shares, equal to 25% of …
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China important supporter of multilateral trading system: WTO official
China has been a staunch supporter of the multilateral trading system as an important member of the World Trade Organization (WTO), the WTO’s Deputy Director-General Zhang Xiangchen told Xinhua in a …
U.S. Trade And Immigration Policies Toward China Have Backfired
U.S. policies toward China on trade, immigration and semiconductors have backfired on America in harmful ways.
Weibo IPO: Chinese Firm’s Hong Kong Debut Tanks; Shares Trade 6% Below Issue Price
Immediately after listing, the shares of the Twitter-like Chinese application, Weibo, fell by more than 6% at $272.80 Hong Kong dollars ($34.98) per share.
Cultural industry of China’s Jiangsu posts robust revenue growth in Jan-Sept
NANJING, Dec. 8 (Xinhua) — The cultural industry of east China’s Jiangsu Province saw double-digit growth … Jiangsu’s 8,403 enterprises related to the cultural industry with an annual business …
Chengdu’s science and technology sector forges ahead
AsoneofChinasnewfirst-tiercities,Chengdu,locatedinsouthwesternChina,hasattractedalargenumberofdomesticandforeigntechnologyenterprisesandprof …
Aussie crypto exchange Blockchain Global: Search for missing $50 million
An Aussie cryptocurrency exchange owes a whopping $50 million to creditors after it collapsed in mid-October as users were locked out and unable to withdraw their money.
Chinese Microinverter Maker Hoymiles Sets Highest-Ever IPO Price in China
Hoymiles Power Electronics has set a new record for the highest initial public offering price in China, the first one of a microinverter maker in the country. Hoymiles issued 10 million shares at …
METALS-Copper gains as China imports rise and eases monetary policy
Copper prices rose on Tuesday after China’s central bank eased monetary policy and as imports into the world’s top metals consumer climbed in November. LONDON, Dec 7 (Reuters) – Copper prices rose on …
Hillhouse, others said to invest $630m in China’s Giant Biogene
China’s Xian Giant Biogene Technology has embarked on a fundraising round that will likely see Hillhouse Capital Group and others buy at least 4 billion yuan ($630 million) worth of shares, two people …
Apple’s ugly China deal mostly bought time
The iPhone maker in 2016 secretly promised Beijing $275 bln of investment in exchange for relaxing pressure on its business, per a new report. The sum exceeds its sales in the country since then. Boss…
‘Still a lot of co-dependence’ between U.S. and China in technology, says Bain & Co.
Anne Hoecker of Bain & Co. says although both countries want more independence from each other in the sector, the specialized nature of the technology industry makes it difficult to achieve.
MNCs praise China’s big role since WTO entry
Multinational corporations touted China’s contributions to the global economy since the country’s accession to the World Trade Organization two decades ago, calling it a signature move and a milestone …
