Crypto traders are getting access to China’s AI stock rush through a route Beijing did not build for them. Instead of buying mainland shares, offshore investors are using perpetual futures tied to …
Tagged By brands
Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO
The financial details give investors a sharper look at the pressure facing Shein as it seeks new funds while costs rise, growth slows and regulatory scrutiny intensifies.
Shein swings to quarterly loss ahead of Hong Kong IPO
By Liz Lee and Yantoultra Ngui BEIJING/SINGAPORE, July 26 (Reuters) – Shein swung to a $99 million net loss in the first quarter of this year, the draft Hong Kong listing prospectus of the online…
Chinese chipmaker CXMT to list in Shanghai on July 27 after Asia’s biggest IPO this year
SINGAPORE, July 23 (Reuters) – Chinese memory chip manufacturer CXMT Corp’s shares will start trading in Shanghai on Monday, it said on Thursday after raising 57.92 billion yuan ($8.6 billion) in Asia …
China’s gold rush: June imports hit highest level since March 2024. Why it matters
The latest import wave comes as Chinese investors took advantage of softer gold prices to accumulate the metal, while commercial banks stepped up overseas purchases to replenish inventories amid …
China adds 14 EU entities to export control list over Russia-related sanctions
BEIJING, July 24 (Reuters) – China is banning the export of dual-use items to 14 additional European Union entities with immediate effect, the Commerce Ministry said on Friday, adding that the measure …
China’s June gold imports hit 173 tonnes, largest since March 2024
China’s gold imports rose to 173 tonnes in June, the highest since March 2024. Gold reaching $4,500 by July 2026 at 0.9% YES.
Nike resets struggling China business
The company is slashing online shopping options and working to improve its physical stores and beef up its local connections.
Crypto exchange HTX included in EU’s Russia sanctions
By Elizabeth Howcroft PARIS, July 24 (Reuters) – Cryptocurrency exchange HTX was sanctioned by the European Union on Thursday as part of the bloc’s latest effort to tighten pressure on Russia’s …
China Wields Its Rare-Earths Leverage Over Europe With Export Controls
Beijing banned shipments of important supplies to 14 companies on the cutting edge of chemicals processing, electric motors and defense.
New U.S. tariffs target imports from China, Mexico, Canada and 57 other economies
The Trump administration launched a new round of tariffs covering 99.4% of U.S. imports from China, Mexico, Canada and 57 other countries. The post New U.S. tariffs target imports from China, Mexico, …
China slaps export controls on 14 EU entities in retaliation for Russia-related sanctions
China announced on Friday it was adding 14 European entities to an export control list in retaliation for the European Union penalizing 14 Chinese enterprises as part of its latest round of sanctions …
China Hits Back at EU With Export Curbs on Rheinmetall, Others
China slapped export controls on 14 European companies including German defense giant Rheinmetall AG, saying it acted in retaliation against the European Union’s sanctions on mainland and Hong Kong …