The three big Chinese state-owned telecom companies that delisted in New York this year are turning homeward to raise capital and expand their business as tensions with the U.S. and Beijing’s …
Tagged By blockchain
China’s CATL Looks to Raise $9 Billion to Expand Lithium-Ion Battery Production
Chinese battery giant CATL said it was planning a private share placement to raise up to 58.2 billion yuan ($8.98 billion) to fund six projects aimed at boosting its production capacity of lithium-ion …
China tech crackdown: Beijing’s soft touch on tax for Big Tech is set to end as it seeks more focus on science
Beijing is set to roll back tax incentives for software companies in favour of hard tech research and development, a policy change that may cast a shadow over the earnings prospects of companies such …
China’s imports of consumer goods expand at fast pace
China’s imports of goods increased by 16 percent. The presence of more imported high-quality products in the domestic market improves the structure and quality of the country’s supply side and …
China’s rival to Tesla makes impressive $1.5Bn IPO debut splash in Hong Kong
Chinese electric car maker Li Auto began trading in Hong Kong on Thursday after a $1.5 billion initial public offering it hopes will help it break out from its mainland market.
China’s Port Shutdown Raises Fears of Closures Worldwide
A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping …
VeChain Is Targeting The Multi-billion Dollar Chinese Pet Food Traceability Market Using Industry Leading Blockchain Technology
Against the overall market downturn from the global pandemic, China’s pet food industry bucked the trend with notable growth. It was valued at USD 1.082 billion in 2020, and it is projected to reach …
Yili Claims the Top Spot Again as the World’s Most Valuable Dairy Brand
Brand Finance released the annual report on the most valuable and strongest food and drink brands. China’s Yili has once again claimed the top spot this year on the list of the Top 10 Most…
China’s covid congestion
China’s daily Covid case numbers continue to look quite moderate by many standards. Yesterday saw 111 confirmed (symptomatic) cases, and today already 80 more cases have been logged. But the location …
China’s Tesla rival Li Auto makes HK debut after US$1.5 billion IPO
Li Auto is the second Chinese electric vehicle company to announce a secondary listing, following rival XPeng’s IPO last month.
Shanghai Man: Hack of little-known Poly Network highlights East-West crypto divide
Poly Network is hacked for over $600 million and users speak out on social media. The incident highlights how isolated some Chinese crypto projects are from the wider community.
The curious case of the $600 million crypto heist
Despite their volatility and concerns over the huge quantities of electricity involved in trading them, cryptocurrencies like Bitcoin and Ethereum have soared in popularity in recent years – Copyright …
Carriers React Quickly to Terminal Closure in China
The container shipping carriers are working to respond to the still unfolding situation after the announcement that all operations had been suspended at one of the terminals in the massive Ningbo …
