PCCW Ltd., the telecommunications group controlled by Hong Kong tycoon Richard Li, is in advanced talks to sell a significant minority stake in its fiber business to China Merchants Group Ltd., according to people familiar…
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DNB downgrades bulker stocks as Chinese import downturn presents downside risk
The main downside risk is the uncertainty of the Chinese import demand. “We returned from our recent visit to China with a sense that troubles could be lining up for dry bulk,” Lian said. According…
Tesla’s China-made EV sales fall 18% y/y in April
Marketscategory China’s Zeekr to close $367.5 mln New York IPO one day … Updated ago Marketscategory Philippines’ PLDT in talks to sell up to 49% of data centre business to Japan’s NTT 8:25 AM UTC…
Zeekr Plans to Close IPO Book Early Ahead of U.S. Listing
Electric-vehicle maker Zeekr plans to stop taking orders for its over $300.0 million U.S. offering earlier than expected, people familiar with the process said.
Dorsey leaves Bluesky, tech giants do more with less, and the next IPO
Tech shops around the world are showing that they can do more with less. Sticking to China, the country is set to deliver another IPO, this time in the United States. Momenta could raise up…
Humedix signs Chinese marketing deal for Elravie brand
The major products include three high-functional ampoule products that Humedix already earned sales approval for from the National Medical Products Administration. The newly launched products will be …
The Chinese brands Porsche sees as key competitors
It’s a new world when Porsche is publicly admitting it now competes with an array of Chinese carmakers as it enters the electric SUV market.
Xi calls for making China, Europe each other’s key partners for business cooperation
Chinese President Xi Jinping said in Paris on Monday that China and Europe should turn themselves into each other’s key partners for business cooperation, priority partners for cooperation in science …
China’s middle class is stressed. Can its growing mental health industry lend a helping hand?
Demand for psychological counselling has increased in China as anxieties mount – and the industry is expanding to meet it Worries over economic and social standing are bleeding into interpersonal …
French firms urged to seize opportunities from China’s development
President Xi Jinping said on Monday that entrepreneurs in France are welcome to participate in China’s modernization efforts, and to seize opportunities arising from China’s development as the country …
Full text of Xi’s speech at the closing ceremony of the Sixth Meeting of the China-France Business Council
It gives me great pleasure to attend the China-France Business Council meeting with President Macron again in a little over a year and to meet friends, old and new, of the business communities of the…
China’s services activity eases in April but still solid
China’s services activity expansion slowed a touch amid rising costs, but growth in new orders accelerated and business sentiment rose solidly in a boost to hopes of a sustained economic recovery, a …
GM-backed self-driving firm Momenta filing for U.S. stock offering, report says
Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen as early as this year, Bloomberg reported. The IPO could raise $200 …
