The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.
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Nike reboots its troubled China operations
The sportswear giant will cut off most online third-party vendors selling its products to take more control.
China Considers Export Controls on AI Models, Training Data and Chip Technology
China is considering tighter controls on AI models, training data, and chip designs, potentially limiting how Chinese technology reaches global users.
China Mobile-Led and Invested SEA-H2X International Submarine Cable Project Launches Commercially, Paving the Way for Digital and Intelligent Interconnectivity in Asia-Pacific
The SEA-H2X international submarine cable spans approximately 5,746 kilometers, featuring eight fiber pairs along the trunk and a system design capacity exceeding 200 Tbps. It con …
Nation expands imports to share market opportunities
Women dressed in traditional Thai costumes display durians on May 23 during the opening ceremony of an event in Nanning, Guangxi Zhuang autonomous region, to promote agricultural imports from Thailand …
Marco Rubio meets China’s Wang Yi as Iran conflict fears rattle global markets
Marco Rubio met China’s Wang Yi on July 22 amid rising Iran conflict fears. Here’s what the geopolitical tensions mean for Bitcoin and crypto …
Meiji sells China dairy business to Shanghai AustAsia Food
Japan’s Meiji Holdings is selling its dairy and B2B units in China to Shanghai AustAsia Food. The deal covers Meiji’s drinking milk and yogurt operations, including full ownership of its production …
Nike unveils reboot of its troubled China operations
The sportswear giant will cut off most online third-party vendors selling its products to take more control.
As China advances in AI, Trump faces a new test in the technology race
But in recent days the size of that lead has been called into in question, with the arrival of a wave of new Chinese models that experts say are rapidly closing the gap. And, with…
China’s Zhongji Innolight seeks $7 billion Hong Kong listing, Asia’s No. 2 in 2026
By Nikita Maria Jino and Yantoultra Ngui July 22 (Reuters) – Chinese optical parts maker Zhongji Innolight is seeking to raise up to HK$55.05 billion ($7 billion) in a Hong Kong listing, in what would…
China’s Next Move Could Decide Where Oil Prices Go This Year
China’s crude import pullback helped cap oil prices during the Iran war, and its next buying decision could set the trend for 2026.
China’s homegrown cosmetics brands on the rise
Chinese brands have been steadily growing their market share in China’s competitive make up market, helped by a combination of low prices, social media savvy and a growing inclination among young …
China is considering export controls on AI technologies, including banning local companies from using TSMC,…
China’s Ministry of Commerce (MofCom) considers to restrict exports of advanced AI models, training data, and overseas acquisitions of strategically important technology companies; prohibit usage of …
