Amazfit, a brand of Zepp Health (NYSE: ZEPP), is set to launch its new smartwatches under one of the brand’s most popular series, with a host of meaningful health and fitness monitoring features. The …
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Chinese-owned Volvo seeking to raise $2.86 billion in Stockholm IPO
The proceeds of the IPO will go toward financing Volvo’s efforts to transform its fleet into a fully electric one. It will also invest in battery supply in Europe, the U.S. and China and in…
Volvo seeks to raise $2.9 billion in IPO to fund its shift to electric vehicles
Volvo Cars will also use the proceeds from the IPO to fund its shift to direct-to-consumer sales and subscription model..Volvo going ahead with an IPO marks a high point for paren.t Geely Holding, who …
China’s large internet companies post faster profit growth in Jan-Aug
BEIJING – China’s large internet companies saw their profits expand at a faster pace in the first eight months of this year, data from the Ministry of Industry and Information Technology showed.
VPLS Expands Bare Metal Capacity In San Jose Facility To Meet Growing Demand For Connectivity To Key Global Markets
VPLS, a cloud-to-edge computing and solutions provider, announces today a significant expansion to the capacity of its San Jose data center (SV7). The …
China – a confident global player
PROVIDED to CHINA DAILY China’s rise over the past two decades has reshaped the landscape of global politics. After joining WTO, China has rapidly transformed its economy from a low-cost “factory to …
U.S. to Launch Trade Talks with China, Tariffs to Remain in Place
New York, NY, October 4, 2021-The U.S. plans to launch new trade talks with China, but will maintain tariffs on Chinese imports as it presses Beijing to fulfill pledges to buy more U.S. goods and…
China’s plan to block export of ‘core’ data raises questions over implementation
Beijing’s new draft regulation, which defines data according to their level of importance, lack clarity, experts said …
Crypto clampdown: China ban will not hamper ‘biggest political idea for 150 years’
China’s recent ban of all cryptocurrency will not hamper the prospects for what has been described as the “biggest political idea for 150 years” by some asset allocators, who have likened the current …
China’s Crypto Ban Made Bitcoin Stronger, Says Edward Snowden
Bitcoin found another supporter in Edward Snowden, former NSA employee. Snowden mentioned that BTC is up by 1,000% since March 2020.
China has taken a ‘long term bet’ on green tech ambitions, expert tells Net Zero Festival
The West must step up its ambitions if it wants to compete with China’s green tech manufacturers, a leading expert on the country’s net zero ambitions told last week’s Net Zero Festival. Last year, …
Volvo Cars Announces IPO Plan That Could Value It at $25 Billion
The Swedish auto maker said it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.
China Evergrande to raise $5 bln from property unit sale – Global Times
China Evergrande will sell a majority stake in its property management business for more than $5 billion, Chinese media said on Monday, a deal which would be the largest asset sale yet at the …
