The IPO bodes well for the broader market which had been depressed for almost two years due to higher-for-longer interest rates and turmoil in the stock markets. The recent searing rally in equities …
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Chinese courier firm BingEx valued at nearly $1.2 bln in US IPO
China’s BingEx said on Friday it had raised $66 million in its U.S. initial public offering valuing the courier delivery firm at $1.17 billion, signaling a recovery in investors’ risk appetite and …
Capital markets: For all the right reasons, is India the new China?
With Swiggy and Hyundai Motor India filing for big-ticket IPOs, India’s primary capital markets are on a tear. This could be the best year for listings in its history. Can it continue? A useful …
Online retailer Shein to hold roadshows soon ahead of London IPO
Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), …
Russia can rely on China for the yuan, but China can’t rely on anyone else
China faces many limitations to de-dollarization and just can’t copy Russia’s sanctions-proofing playbook.
Hit hard by slowdown, wary China seeks curb in rising local governments’ debt
Feeling heat on its economic front, China has for the first time asked local governments to curb unchecked borrowings as rising debt levels have severely affected development projects in …
Exclusive: Spain calls for compromise with China ahead of EU vote on EV tariffs
The European Union should seek a compromise and negotiated outcome with China, Spain said on Thursday, on the eve of a crucial EU vote on electric vehicle (EV) tariffs.
A “temperature check” on U.S.-China economic relations
We talked with Jay Shambaugh of the Treasury Department, leader of the most recent U.S.-China Economic Working Group meeting.
US President Joe Biden urged to speed up sensitive military exports to Australia, over ‘grave and imminent’ China threat
The White House has been urged to speed up sharing of sensitive military technology with Australia, agreed under the AUKUS deal, so the nations can jointly develop future weapons.
Exclusive-Online Retailer Shein to Hold Roadshows Soon Ahead of London IPO, Sources Say
The China-founded online retailer plans to hold informal roadshows mainly across Europe, one of the sources said, during which an IPO-bound company fields large investors’ questions and tests their …
Big crowds during China’s national day holidays, but more spending not guaranteed
Once prolific shoppers, Chinese consumers have in recent years cut back on spending. Read more at straitstimes.com.
Why China’s massive stimulus effort might not have any effect until next year
China’s latest stimulus package may not be enough to encourage households and businesses to borrow and banks to lend, one researcher says.
TikTok is training its e-commerce partners on what’s worked in China as it doubles down on live selling
TikTok hosted its first US summit for e-commerce agency partners, where it focused on livestream selling and pulling tips from Asia.
