The Shanghai Stock Exchange also ranked among the top 5 stock exchanges with USD 6.9 billion in IPO proceeds recorded*. The analysis, from KPMG’s 2021 Q1 review of Mainland China and Hong Kong IPO …
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China May Boost Cotton Imports to Cut Xinjiang Fiber in Exports
(Bloomberg) — China could import more cotton to replace fiber from Xinjiang that’s being rejected by some Western companies and threatens to hurt its booming textile export industry. The U.S …
China-U.S. Tensions Can Boost India’s Tech Dreams, Report Says
Friction between the U.S. and China could give India the boost it needs to become a global tech hub, as long as the South Asian nation addresses longstanding roadblocks including excessive red tape …
MPOB: Chance to export red palm oil to China
A golden opportunity has presented itself for Malaysian exporters as China announced the implementation of the Chinese Group Standard for Red Palm Oil on March 1, 2021, which enables buyers from the r …
Metro China Owner Wumei Tech Files for Hong Kong IPO
Wumei Technology Corp, owner of two of China’s biggest supermarket chains Metro China and Wumart Stores, has filed for an initial public offering on the Hong Kong stock exchange. No details were given …
Alibaba-backed Energy Monster sets $219m US IPO in motion
China-based Energy Monster, a mobile device charging company, has kicked off the roadshow for its Nasdaq listing. It is eyeing up to $218.7m from the deal.
What is going on with China, cotton and all these clothing brands?
Last week, calls for the cancellation of H&M and other Western brands went out across Chinese social media as human rights campaigns collided with cotton sourcing and political gamesmanship. Here is …
State Grid Corporation of China Selects Wanchain’s Blockchain Technology to Upgrade National Data Management System
integrated data management system using Wanchain’s blockchain technology. State Grid is a central state-owned enterprise (“SOE”) established on December 29, 2002 under the Company Law of the People’s …
China’s Business Environment More Difficult Than Ever: Wuttke
Joerg Wuttke, president of the EU Chamber of Commerce in China, discusses China’s boycott of western retailers over their human rights concerns in Xinjiang and its implication for foreign companies …
WEEKLY: China’s steel export quiet, import active
However, market enthusiasm for importing strengthened noticeably … In recent weeks, widespread rumours have been circulating that China may announce a cut in tax rebates on certain steel exports …
China’s Iran oil imports seen hitting new high in March, curbing OPEC output options
China will receive another large influx of cheap Iranian oil in March passed off as crude from other origins, curbing the top importer’s appetite for crudes from other suppliers, according to traders …
ByteDance valued at US$250 billion in private trades ahead of potential IPO
Shares of ByteDance, the Chinese parent of hit video app TikTok, are trading at a valuation of more than US$250 billion (S$336.9 billion) in the secondary market, according to people familiar with the …
Australia-China trade: Wine export industry in for upheaval as China tariffs bite
AUSTRALIA’s wine export industry will be in for a structural change after China locked in crippling tariffs of more than 200 per cent, the sector says.
