Lihuayi Weiyuan Chemical (600955) to start trading on the Shanghai Stock Exchange’s Main Board Sep 15, tomorrow. The firm has issued 137.50 mln shares priced at RMB 29.56 per share raising RMB 4.06 …
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China’s booming electric car market prompts lithium producer and battery assembler to raise funds for expansion
One of the world’s largest producers of lithium, as well as its biggest customer in the assembly of lithium-ion battery packs, have announced separate fundraising plans to expand their production amid …
China Mobile and CBN settle 700MHz 5G plan
Mobile telecommunication company China Mobile and the national cable TV operator China Broadcasting Network (CBN) have worked out the terms of a 700 MHz 5G implementation plan, with the operator to …
Ericsson to shut major research centre in Nanjing as it cedes market share to rivals in China: Report
Ericsson, which has been ceding its market share to domestic rivals such as Huawei Technologies, reported in July that its second-quarter revenue in C..
China self-driving firm DeepRoute.ai raises $300 mln from Alibaba, others
Chinese autonomous driving startup DeepRoute.ai said on Tuesday it raised $300 million from investors including e-commerce company Alibaba (9988.HK) to expand its test fleet and develop technologies …
World NEV congress to be held in China’s Hainan
World New Energy Vehicle Congress (WNEVC) will kick off Wednesday in Haikou, capital of South China’s Hainan province, focusing on the new energy vehicle (NEV) industry under the background of carbon …
Ximalaya files for HK IPO
China’s leading online audio platform Ximalaya Inc filed for an initial public offering in Hong Kongon Monday after dropping its listing plans in the United States. The Shanghai-based company lodged …
China fires a fresh regulatory shot at its tech giants
China to target biggest payment app Alipay in tech crackdown Alipay was told to spin off its profitable microloan business… See More Details COMMON PRACTICE The practice targeted by the MIIT is …
China Likely Suffered Another Economic Slowdown Last Month
The Wednesday data will likely show China’s recovery remains uneven. Strong global demand led to record exports in August but domestic consumers turned cautious as lockdowns and fear kept many at home …
China is continuing to slice and dice its fintech giants
China appears determined to carve-up and neuter what was once the most powerful fintech in the world, Jack Ma’s Ant Group.
China bubble tea chain Heytea taps UBS for $671 million Hong Kong IPO
Heytea, the Chinese bubble tea maker, has tapped UBS Group for its potential Hong Kong initial public offering (IPO) as soon as next year, according to people familiar with the matter.. Read more at …
Posing as Walmart, scammers send crypto surging 25%
By Nathaniel Meyersohn, CNN Business In what appears to be a massively successful pump and dump scheme, cryptocurrency litecoin surged around 25% early Monday after a falsified news release said …
Cinema stocks jump, China’s crowded EV space, crypto stocks slide after Walmart-Litecoin hoax
Yahoo Finance’s Jared Blikre reports on the day’s trending tickers. Like us on Facebook to see similar stories Please give an overall site rating: …
