In another blow to tech companies, China plans to block overseas listing attempts by those holding large amounts of sensitive user data.
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China’s services activity contracts for the first time since early 2020, official data shows
The National Bureau of Statistics said the non-manufacturing Purchasing Managers’ Index (PMI) fell to 47.5 in August, down from 53.3 in July.
China’s half-price tech stock sale: why it’s time to buy
A crackdown on tech by Beijing has sent shares tumbling but profits are still growing Chinese technology stocks have plummeted after a crackdown by Beijing, but low prices for profitable and …
StanChart Forms JV with Linklogis for Blockchain-Based Trade Finance Platform
Standard Chartered has formed a joint venture with Linklogis to establish a blockchain-enabled trade finance platform dubbed as Olea.
China’s factory activity expands at slower pace in August -official PMI
China’s factory activity expanded at a slower pace in August as coronavirus-related restrictions and high raw material prices pressure manufacturers in the world’s second largest economy. BEIJING, Aug …
China’s Services Sector Contracts Amid Delta Virus Outbreak
China’s economy took a knock from the delta virus outbreak in August, with the services industry contracting for the first time since March last year and manufacturing hit by supply-chain problems.The …
Geely Raises $500 Million in the First Ever Outside Investment Round for its New Premium EV Brand ‘Zeekr’
Chinese automaker Geely Automobile and its parent Zhejiang Geely Holding Group Co. (Geely) raised $500 million in the first-ever external funding round for its new jointly owned premium electric …
Ant Group’s IPO Relaunch Seen at Risk Due to Hangzhou Probe
Ant Group Co.’s aspiration to revive its initial public offering could be jeopardized by recent investigations into Hangzhou’s top political leaders, according to Bloomberg Intelligence. An IPO …
China steps up scrutiny of brokerages’ margin loan business – media
China’s securities regulator has strengthened scrutiny of brokerages’ margin lending and securities borrowing businesses, after detecting misbehaviour recently, the official China Securities Journal …
ZTE secures order for IPRAN products from China Unicom
ZTE announced it has won the bid of the centralized procurement of IPRAN products from China Unicom. The contract includes ZTE’s multiservice packet platform ZXCTN 9000-EA series and its 5G transport …
Venture Funds Pour Into Hardware as China Curbs Internet Firms
China’s hardware startups are getting more venture capital funding this year, helped by Beijing’s effort to drive investments in strategically important technology as well as its crackdown on the …
Little sign of China decoupling from the rest of the world
Judging by China’s export performance in the past two years, there is little evidence that developed countries are decoupling from the country. On the contrary, China’s global market share has risen …
Ligand’s Partner Gloria Biosciences Receives Approval in China for Zimberelimab for the Treatment of Recurrent or Refractory Classical Hodgkin’s Lymphoma
Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) today announced that its partner Gloria Biosciences (GloriaBio) has received approval from China’s …
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