Property management company China Resources Mixc Lifestyle Services Ltd. has raised $1.58 billion after pricing its Hong Kong initial public offering at HK$22.30 per share, the top of a marketed range … ( read original…
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Could China replace Australian iron ore with metal from Africa?
Amid rising trade tensions, Chinese interests are keen to develop a high-quality deposit in Guinea. Analysts warn any restrictions on Australian sales to China would ‘send shockwaves through the marke … ( read original story…
Manufacturers pile into India to diversify supply chains from China
Salcomp is expanding its operations in India rapidly, along with other Apple manufacturers such as Wistron, Foxconn and Pegatron. All are seeking to tap the Indian market and diversify supply chains … ( read original…
China rating agencies stand by SOEs despite default spree
China’s credit rating agencies are standing by their triple A scores for troubled state-owned enterprises, even as a series of defaults reverberates through the country’s $4tn corporate debt market. ( read original story …)
Banks Need to Adopt Crypto, Now
Resistance is futile and the time for doing nothing with crypto was two years ago, not today, says our columnist. ( read original story …)
Maia Active Is Sprinting for China’s Female Activewear Crown
The four-year-old start-up, known for its ultra-comfortable fabrics and thoughtful design, is planning more than 100 stores across the country. ( read original story …)
Baozun Stock Is Still a Top E-Commerce Bet in Mainland China
It’s been a wild ride, but with just a month left in 2020 shares of Baozun (NASDAQ:BZUN) are up nearly 16% since the start of the year. E-commerce is already a well-established field in mainland…
Australia and the US are teaming up to build hypersonic missiles to counter Russia and China
The US, China, and Russia are already working on such weapons, and other countries in the region might follow suit, one analyst says … ( read original story …)
Leaked documents reveal China severely underreported coronavirus cases as the pandemic spread
Documents leaked to CNN show that the real tally of coronavirus cases was significantly higher than public figures suggested. ( read original story …)
Will Alibaba’s Cloud Business Ever Generate a Profit?
Alibaba is often called the “Amazon (NASDAQ:AMZN) of China” because it’s the country’s largest e-commerce and cloud infrastructure company. But that generalization glosses over tw … ( read original story …)
China’s factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders
The strong upturn in China’s economy boosted the fastest increase in employment since May 2011, IHS Markit’s survey showed. ( read original story …)
China’s iconic sedan brand Hongqi posts strong sales
In November alone, the automaker sold 25,000 Hongqi cars, an increase of 100 percent year-on-year, indicating a rising demand for the vehicles. Hongqi, meaning “red flag”, is China’s iconic sedan … ( read original story…
Italy’s fashion companies building on ‘Made in Italy’ brand in China
Key players in the sector have told Xinhua that China is an increasingly important market for Italian fashion houses. The market in China “is one of the few areas where we can say things are…
