Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year. In separate …
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3 Chinese telecom carriers will be delisted from NYSE after losing appeals over a Trump-era investment rule
The major telecom carriers all said they expect the NYSE to request permission from the SEC to delist their American depositary receipts.
China’s Exports Rise Amid Global Recovery, Week In Review
China’s exports rose by +32.3% year-over-year in April compared to an estimated +25% and a 30.6% rise in March thanks to increasing demand worldwide as the vaccine-led recovery continues to take hold …
China semiconductor imports decline slightly in April, but global chip sales continue to boom
China’s semiconductor imports were down 7 per cent in April from the previous month, but up 23 per cent year over year despite global shortages, which are expected to persist throughout 2021.
With TSMC, ASML and Intel nowhere to be seen, China’s small semiconductor players take centre stage at industry expo
Small Chinese companies are getting all the attention at a semiconductor expo in Chongqing after trade restrictions gave the domestic industry a boost as the government pushes for self-reliance.
Today In Payments Around The World: Gopuff Purchases UK’s Fancy; Snowball Mulls $300 Million IPO
In today’s top payments news around the world, Gopuff is acquiring on-demand delivery platform Fancy, while Snowball Finance Beijing Internet Information Technology Co. is said to be considering an …
Investor Social Network Snowball Finance Weighs $300M IPO
Snowball Finance, an online financial information and social network portal backed by Ant Group, is looking into a $300 million American IPO.
Self-driving on expressways: Is China ready to speed up?
Recent accidents involving Tesla cars in China put some doubt on the country’s determination to open up more to self-driving cars. But on the other hand, the Chinese government and enterprises have …
China Sector Analysis: Information Technology
Economic output from Telecommunications, Software and Information Technology in 2020 was $587.4bn, according to the Chinese Ministry of Statistics …
China’s space debris: What we know so far
A 22.5-metric-ton piece of space debris belonging to a Chinese Long March-5B rocket is about to make an uncontrolled reentry into Earth’s atmosphere, with little information about when or where it …
China’s Vaccine Diplomacy Just Got a Big Win. But Can the Country Deliver?
The World Health Organization has approved a Chinese vaccine for emergency use. The announcement comes at a time when officials in the country are warning of a domestic shortage.
NYSE to Delist Chinese Telecoms Carriers After Rejecting Appeals
China’s big three telecoms carriers lost their appeals against being kicked off the New York Stock Exchange, and will be delisted to comply with an investment ban introduced by former President Donald …
China’s export numbers stick to high growth trajectory, with more to come
With vaccine rollouts accelerating and more economies opening up, China’s export growth was widely expected to moderate this year as consumers start to spend more on services. But April’s data shows …
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