Not long ago, people in China would need to visit a posh, stylish mall for luxury shopping. That’s rapidly changing as high-end brands race to embrace digital channels, which aren’t just the … ( read…
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China, HK stocks subdued as investors brace for trade talks
SHANGHAI — China and Hong Kong stocks held steady on Monday, as investors pinned their hopes for any signs of thaw in the Sino-U.S. trade negotiations at the G20 summit later this week. … (…
Manufacturer Latest To Reach China’s Billionaire Ranks After IPO
A 110% rise in the share price of industrial goods manufacturer Jiangsu Guomao Reducer after its IPO this month has lifted its founder into the ranks of the world’s billionaires. Guomao Chairman Xu … (…
Hong Kong behind NYSE, Nasdaq in IPO rankings in first half of 2019 as extradition bill and trade war weigh on sentiment
Hong Kong’s stock market is expected to rank third, and Shanghai fourth, in global IPO market rankings for the first half this year, according to latest analysis by Deloitte China’s National Public … ( read…
China’s WeDoctor shelves overseas listing over data concerns
Souring sentiment in China has derailed plans for initial public offerings at facial recognition companies that also have government contracts. Alibaba-backed Megvii put plans to raise as much as $1bn … ( read original story…
Nutraceutical producer Happiness Biotech sets terms for $13 million IPO
Happiness Biotech Group, a China-based nutraceutical and herbal dietary supplements producer, announced terms for its IPO on Friday. The Nanping, China-based company plans to raise $13 million by … ( read original story …)
Amazon’s Merchants Are Feeling the Pain of a Trade War With China
Over the past several years, Shanghai entrepreneur Yung Lin has built a decent business selling wrenches, screwdrivers and other tools on Amazon.com. Then President Donald Trump imposed tariffs on … ( read original story …)
China’s Wanxiang partners with PlatON to power ‘blockchain smart city’
Chinese automotive component manufacturer Wanxiang has partnered with global privacy-preserving computing network PlatON to co-develop the data infrastructure for China’s largest smart city project in … ( read original story …)
FedEx admits another error with Huawei packages, may get put on China’s ‘unreliable entities list’
A company spokeswoman confirmed that the package was U.S.-bound but declined to say what it contained. China’s Global Times newspaper said in a tweet that FedEx is likely to be added to China’s … (…
China’s Qu Dongyu elected as new FAO general director
Qu has also been in charge of China’s agri-business co-operation with Asian, African and Latin American countries and China’s main trading partners of produce. … ( read original story …)
Tech companies ask to be excluded from the China tariffs
WASHINGTON, D.C. – Technology companies have been feeling the sting of the escalating trade war between the United States and China. Now, they’re trying to avoid a proposed new round of tariffs that … (…
Convenience key to China’s mobile payment services
(MENAFN – Asia Times) Whether it is the down payment on an apartment involving about 3 million yuan (US$434,440), or just 2 yuan needed to buy a steamed stuffed bun for breakfast, Song Yu makes…
China’s President Xi to attend G20 summit from June 27-29: report
China’s President Xi Jinping will attend the G20 summit in Japan next week, state-run Xinhua news agency said on Sunday, giving the first official confirmation of his attendance at a gathering where … ( read…
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