BENGALURU] Shein has considered relocating its headquarters back to China, in an effort to gain Beijing authorities’ approval for its planned Hong Kong initial public offering (IPO), Bloomberg News …
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China’s Rare-Earth Magnet Exports to the U.S. Snap Back
China’s rare-earth magnet exports hit a six-month high in July. The rebound follows Beijing easing curbs amid a U.S.–China/Europe truce. April–May licensing snarls had choked supply and even paused …
Hong Kong Regains IPO Crown as Exchange Operator Posts Record Earnings
The stock-exchange operator said Wednesday that net profit jumped 41% from a year earlier to 4.44 billion Hong Kong dollars, equivalent to US$569.3 million. That beat the HK$4.10 billion consensus …
Peru’s gold exports to China through June overtake all 2024
Peru’s gold exports to China surged in the first half of 2025 to surpass shipments from all of last year, according to government data released in August.
China to Lift Crypto Ban Soon, Allowing Yuan-Backed Stablecoins
China plans to lift its crypto ban and explore Yuan-backed stablecoins. This move aims to boost the yuan’s global use amid US dollar dominance.
Hong Kong exchange posts record revenue on listing boom
Hong Kong’s stock exchange operator reported its best half-year revenue on Wednesday (Aug 20), bolstered by a surge in initial public offerings and trading activity. The Chinese finance hub has …
Hong Kong Regains IPO Crown as Exchange Operator Posts Record Earnings — Update
That helped power a 41% jump in HKEX’s net profit for the second quarter. Net profit hit a record HK$4.44 billion, equivalent to US$569.3 million, beating the HK$4.10 billion consensus estimate of …
China’s Baidu revenue drops as AI returns fail to offset ad decline
(Reuters) -Chinese search engine company Baidu on Wednesday reported a drop in second quarter revenue as its core advertising business struggled amid China’s economic slowdown, while returns from AI …
Shein Reportedly Considers Moving HQ Back to China For Hong Kong IPO
The fast-fashion company has struggled to find a sound landing place for an IPO. A move back to China could be an answer.
China’s could give green light on yuan-pegged stablecoins as early this month
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, according to Reuters. This would be the first time the country allows any form …
China to reportedly launch stablecoins to challenge dollar dominance
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time, as per a latest Reuters report. This is a developing story.
China may approve yuan-backed stablecoins amid fears of dollar-powered tokens
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered stablecoins.
Breaking: China Considers Yuan-Backed Stablecoins to Rival Dollar Dominance
China is reportedly set to review and possibly approve the issuance of Yuan stablecoins to boost global adoption and compete with the dollar.