Taobao owner Alibaba tops the list, but a Greenpeace manager says China’s e-commerce giants ‘still don’t do enough’ and may be ‘bottlenecks for progress’.
Tagged By business
Foreign investors eye opportunities in China’s financial opening-up
Conference of Financial Street Forum sign can be seen on Beijing streets. [Photo/VCG] BEIJING – Foreign-invested financial institutions are fixing their gaze on the Chinese market as its dedication to promoting opening-up in the financial…
China’s Zeekr reveals wider loss in US IPO paperwork, Geely shares fall
China’s Zeekr Intelligent revealed wider losses for the first half of the year on Thursday, as the electric car brand made its paperwork public for a stock market listing in New York and said it…
Ransomware attack on China’s biggest bank disrupts Treasury market trades, reports say
A financial services business of China’s biggest bank says it was it by a ransomware attack that reportedly disrupted trading in the U.S. Treasury market. A statement on its website seen Friday said …
Zeekr losses grow as Beijing seeks greater influence, U.S. IPO prospectus says
The upstart owned by Geely aims to raise more than $1 billion, Reuters has reported, but is unlikely to breach the billion-dollar mark, according to a source.
Singles Day lifts sales for local brands
Survey: Consumers focus on domestic products as quality, value increase Pan Lin, a 23-year-old postgraduate in Beijing and a fan of Chinese brands, scrolled through online marketplaces during this …
What is China’s Singles Day, and how is it celebrated?
No. Cyber Monday? Nope. Prime Day? Absolutely not. The world’s biggest shopping event happens in China each year – and it’s called Singles Day. Originally a holiday to celebrate being single, as a …
UPDATE 1-China’s WuXi XDC to raise $470 mln in Hong Kong IPO – sources
Chinese medical research group WuXi XDC is set to price its shares at HK$20.6 each to raise $470 million in its Hong Kong IPO, according to two sources with direct knowledge of the matter.
Syngenta’s IPO Delay Darkens Outlook for Asia Pipeline This Year
The announcement highlights a general malaise in first-time share sales in Asia, and follows China’s securities regulator’s decision in late August to slow the pace of IPOs, amid an economic downturn that’s been weighing on…
China could set new record for iron ore imports
For all the negative news coming from China this year on weak demand for steel products, weak exports, the property sector crunch and deflation, there is every likelihood the country could set a new …
China’s surprise NFT move, Hong Kong’s $15M Bitcoin fund: Asia Express
China issues legal guidance that gives NFT markets hope, Bitget invests $10M in Indian startups, SEBA Bank’s Hong Kong license: Asia Express.
Geely’s Zeekr gears up for US IPO, but China influence remains a concern
Zeekr, the luxury electric vehicle brand under China’s Geely, is gearing up to list its shares publicly in the U.S., according to a regulatory filing submitted Thursday. The filing shows widening losses between the first…
Attempts to check China’s rise will backfire in the end
That’s why it is absurd for politicians to lecture business leaders on the risks of doing business with China. The world will be worse off if China and the US stop cooperating. That is the…
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