China’s oil imports are plunging as Beijing cuts supplies to dirty local oil refineries. Oil shipments to the world’s largest crude importer fell 20% in both June and July, year-on year, mainly …
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CISA advocates Chinese mills to adjust export strategies
China Iron and Steel Association has asked its member steel mills to be more disciplined when engaging in steel export business, pressing them to control their export volumes and adjust their export …
China Unicom Considers IoV Unit Spin-Off for Mainland Secondary Listing
China Unicom Hong Kong is considering spinning off its Internet of Vehicles unit to file for an initial public offering on the Chinese mainland’s A-share market. The potential spin-off is under …
China Telecom jumps in Shanghai debut amid weak market
China Telecom Corp, blacklisted by the U.S. government, surged on its first day of trade on Friday, defying a bearish market and following its $7.3 billion fundraising via public offering, the world’s …
Argo Blockchain Looks to Become More Energy Sustainable
Argo Blockchain is the first crypto firm of its kind to release a plan regarding how it can become more energy efficient in the future.
China Telecom up nearly 20% in Shanghai debut
Shares in China Telecom surged nearly 20 percent in their Shanghai debut Friday after the world’s biggest public offering of the year, coming after the company was delisted in the United States amid …
China Unicom to Spin Off Technology Unit in Telco Listing Rush
China Unicom Hong Kong Ltd. is considering an initial public offering for its smart Internet technology division in mainland China, following other state-owned mobile carriers in efforts to raise …
China’s Tiangong vs. International Space Station: Tech, Design Unpacked
While the future of the nearly 23-year-old International Space Station remains uncertain after 2024, China says its newly equipped Tiangong station will be up a …
Beijing’s Big Tech, Refiner Crackdown Sends Clean Energy Stocks Flying
The current year has seen a massive wave of regulatory pressure by the Chinese government on key strategic sectors of its economy. Beijing has …
China Stocks in U.S. Resume Slide After Brutal Rout in Asia
Chinese stocks listed in the U.S. are enduring another day of selling after policymakers in China unleashed a fresh round of proposed regulations.American depositary receipts for technology giants …
Amid Regulatory Crackdown in China, Tencent Is a Buy
We think Tencent is a safer play among China Internet firms given its known restraint in monetization of data, more proactive social response initiatives, more compliant culture a …
China’s mRNA vaccine technology firm Abogen raises over $700 million
China’s Suzhou Abogen Biosciences said on Thursday it has raised over $700 million to support clinical development of its potential COVID-19 vaccine and expand pipeline of other vaccine and treatment …
Luxury Stocks Tumble as China Targets the Super Rich
Luxury goods stocks tumbled on Thursday as investors became increasingly concerned by developments in China, the sector’s largest market.