No one predicted just how fast China’s own industry would develop in the age of EVs, says the Financial Times’ China correspondent Edward White.
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Two Chinese AI Chipmakers Seek IPOs to Mount Challenge to Nvidia
Two of China’s most prominent designers of AI chips are targeting initial public offerings in Shanghai as soon as this year, taking advantage of growing appetite for domestic players seeking to …
How China’s adoption of IPO system proved fatal for $1.7 trillion brokerage industry? — explained
China’s $1.7 trillion brokerage industry faces a severe regulatory crackdown, with 8,700 investment bankers facing pay cuts and travel restrictions …
Tech war: US-sanctioned Chinese AI chip rival to Nvidia, Biren Technology, plans IPO
The Shanghai-based unicorn, seen as a potential Nvidia competitor on the mainland, has begun its IPO tutoring process Artificial intelligence (AI) chip start-up Biren Technology, one of China’s best …
US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
Out of 306 companies polled, a record-low 66 percent were profitable in 2023, according to the China business report published by the American Chamber of Commerce in Shanghai.
China’s Slowdown Threatens Pace of Global Oil-Demand Growth, IEA Says
A rapid slowdown in Chinese oil-demand growth is driving down global consumption, reinforcing expectations that demand will peak by the end of the decade, the International Energy Agency said. The Paris-based organization forecasts this year’s…
Business News LIVE Updates Today September 12, 2024: China detains investment bankers, takes passports amid increased crackdown
Read more news like this on HindustanTimes.com …
How China has ‘throttled’ its private sector
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formations …
Foreign carmakers also have a China overcapacity problem
Although about 80 per cent of China’s auto exports are cars with internal combustion engines, the boom in Chinese uptake of low-cost, high-tech electric vehicles has drawn protectionist reactions from …
China detains investment bankers, takes passports amid increased crackdown
China’s crackdown on investment bankers intensifies with the detention of top executives, raising concerns over the $1.7 trillion brokerage industry.
China detains investment bankers, takes passports in corruption sweep
This is part of other measures under President Xi Jinping’s years-long common prosperity campaign. Read more at straitstimes.com.
Appliance Giant Midea’s Big Hong Kong Debut to Set Tone for IPO Revival
Hong Kong’s biggest listing in more than three years presents a major test for the city’s struggling market for initial public offerings.
China detains investment bankers, takes passports amid increased crackdown on dealmakers
Sun Jianbo, president and founder of Beijing-based asset manager China Vision Capital, said the industry consolidation and regulatory crackdown suggest China’s going in the right direction to reshape …
