China has refunded a total of 12.9 billion yuan (about 1.92 billion U.S. dollars) of unemployment insurance paid by enterprises in the first five months of 2022, in a bid to maintain employment …
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China reports surplus in international goods trade in May
China reported a surplus in its international goods trade in May, data from the State Administration of Foreign Exchange showed on Thursday. Trade in goods exports came in at 1.8662 trillion yuan (278 …
Rubber groups aim to cut China reliance
As China cuts down on its purchase of rubber from Vietnam, the latter has witnessed a sharp decline in its rubber market share in China. China is the world’s largest rubber importer, Le Toan At…
China looks to launch liquid propellant rockets from the seas
Chinese state-owned and commercial companies are developing capabilities to launch liquid propellant rockets from sea platforms to boost the country’s launch options.
Tianqi Lithium’s market ‘reopening’ IPO flies off shelves
Books on Tianqi Lithium’s initial public offering were covered on the first day of bookbuilding, with some ECM bankers viewing the interest in the deal, and its possible success, as a signal of a …
CICC: China’s internationalization remains a historic opportunity
The internationalization of the Chinese capital markets will remain a long-term trend despite the current period of upheaval in global capital flows, according to Zhai Chenxi, Executive Vice President …
China AI giant SenseTime shares dive as much as 51% as lockup expires
It dropped to trade as low as HK$2.91 apiece, lowest ever and below its IPO price of HK$3.85. Read more at straitstimes.com.
China’s manufacturing PMI rebounds to expansion zone
China’s factory activities returned to expansion territory in June after three consecutive months of contraction, showed official data released Thursday (June 30), indicating that the world’s …
Wardrobing in China Poses a Real Risk to Fashion
Wardrobing, also known as fraudulent returns or deshopping, is gaining momentum in China. What can brands and retailers do about it?
Expansion of Beijing Stock Exchange to speed up
The Beijing Stock Exchange is expected to see a profound and fast growth in a number of listed companies in the coming months and, therefore, is actively preparing to launch an index tracking market …
Chinese A-share market emerges champion in global IPO financing in H1
Chinese A-share market emerged as a champion globally in initial public offering (IPO) financing scale in the first half (H1) of 2022, according to data from financial information provider Wind. In …
Cryptocurrency is ‘biggest Ponzi scheme in human history’, Chinese execs from state-backed blockchain drive say
Executives from China’s Blockchain-based Service Network say Web3 games and cryptocurrencies, such as bitcoin and ethereum, are investment frauds.
Business leaders say new Hong Kong chief must open up city, rebuild its image
Business executives in Hong Kong have a wish list for its new leader: scrap COVID-19 quarantine rules, and promote the rule of law and transparent regulations to revive foreign investor confidence – …
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