Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tech-focused investment bank China Renaissance is struggling to win business from start-ups and new money from …
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Sunwoda, China’s sixth-largest EV battery maker, a step closer to listing after hiring Citic Securities to prepare for IPO
Citic Securities will advise Sunwoda on its listing application under an agreement signed last Sunday, CSRC says Top players will be ‘well-received by investors’: Shanghai analyst Sunwoda, China’s …
Citi cuts Nvidia price target on U.S. chip export restrictions to China
Citi maintained its buy rating on the stock but lowered its price target on Nvidia to $575 from $630. That still implies 30.9% upside for the stock.
Analysts say growth concerns and increased competition in China are weighing on Apple stock
A pullback in Apple stock can largely be attributed to a potential fourth-straight quarter of declining revenue expected to be reported early next month, in addition to increased competition in China, …
CORRECTED-UPDATE 3-China’s Xi warns against decoupling, lauds Belt and Road at forum
a likely reference to the Biden administration’s efforts to block export of advanced AI chips to China. A European business representative, who did not want to be named for sensitivity reasons, said …
China’s Economy Grew More Than Expected in the Third Quarter
The world’s second-biggest economy got a boost third quarter from rising industrial production and consumer spending, but challenges persist …
UPDATE 1-ASML CEO: one more tool hit by US export rules, China demand seen strong
The chief executive of Dutch semiconductor equipment maker ASML Holding NV said on Wednesday one more of its products falls under new export restrictions rules announced by the U.S. this week. At a …
US escalates tech battle by cutting China off from AI chips
China’s Foreign Ministry criticized the Biden administration … the US Department of Commerce added 13 Chinese entities to a list of firms with which US companies may not do business for national …
ASML shakes off China export worries (updated)
Shares of Dutch semiconductor equipment maker ASML Holding (NASDAQ:ASML) fell around 2.5% in early trading on Tuesday, as new export curbs on semiconductors overshadowed praise from Wall Street. On …
Unlocking the Future of Blockchain with Zetrix: The IEO That’s Transforming Trade, Governance, and Asset Tokenisation
Zetrix is designed as a public blockchain that supports smart contracts, meaning that it is open and can serve international markets.- Partnership with CAICT: Collaboration with the Institute of …
Fears That China Boost for L’Oreal’s Beauty Label Sales May Not Last
L’Oreal, which in China sells brands ranging from Maybelline to local label Yuesai and high-end Lancome, accounted for the biggest share of the country’s $78.9 billion beauty and personal care market …
China rolls out a (largely symbolic) red carpet for foreign manufacturers
China is removing restrictions on foreign investment in the domestic manufacturing sector, according to state media.
Procter & Gamble’s 1Q Volume Down Due to Beauty Business in China, CFO Says
By Sabela Ojea Procter & Gamble’s latest quarterly volumes were down as a result of the consumer goods giant’s beauty business in China, Chief …
