The Beijing municipal government has put forward a set of initiatives to promote the development of tech unicorns in the city, according to a September 14 …
Tagged By business
China’s tech, media and telecoms IPOs fall in first half of 2023, but new capital market policies and nation’s economic recovery to boost sector’s outlook: PwC report
There were 66 mainland TMT enterprises that went public in the first half of the year, down from 124 in the second half of 2022 Domestic exchanges were TMT firms’ main IPO venues, with 39…
China’s tech, media and telecoms IPOs fall in first half of 2023: PwC report
There were 66 mainland technology, media and telecommunications enterprises that went public in the first half of the year, down from 124 in the second half of 2022, according to PwC.
China Sec Regulator: no “shutting down” of IPOs, refinancing of listed companies
Read more about China Sec Regulator: no “shutting down” of IPOs, refinancing of listed companies on Devdiscourse …
China Lashes Out At EU Possibly Imposing Tariffs On Its EVs, Warns Of Consequences
European Commission President Ursula von der Leyen asserts that state subsidies in China have allowed carmakers to keep their EV prices artificially low. The probe could lead to tariffs being applied to EVs built in…
China, Zambia upgrade ties, focus on key economic sectors
President Xi Jinping said on Friday China supports Zambia in safeguarding its national sovereignty, security and development interests, while encouraging more imports from the southern African country.
Binance CEO Issues ‘Frank’ Warning As Fears Swirl Of An Imminent Bitcoin, Ethereum And Crypto Price Crash
Binance CEO Changpeng “CZ” Zhao has issued a “frank” warning over disappearing “fiat ramps” that could weigh on the entire bitcoin, ethereum and crypto …
Yum China says tech investments let it open more stores without needing more staff
Yum China is spending more on tech, an investment that’s allowed it to open more stores without having to hire more staff, CEO Joey Wat told CNBC.
Stocks edge higher as ‘peak rate’ bets, ARM debut, China data boost sentiment
Stocks are looking to add to gains founded on a dovish ECB rate hike, a nascent China recovery and a spectacular Nasdaq debut for ARM Holdings’ IPO. U.S. equity futures extended gains Friday, …
China’s economy shows signs of stabilising but property slump threatens outlook
China’s passenger vehicle sales also returned to growth in … It grew 3.4% in the first seven months. An uncertain business climate meant companies remained wary about hiring, but the nationwide …
German autos production under growing threat from China – IW study
Imports of Chinese vehicles and parts to Germany jumped 75% in the first half of the year while trade the other way slumped, showing the mounting pressure on Europe’s biggest auto production hub. Several Chinese…
Stock market today: Asian shares gain after data show China’s economy stabilizing in August
Asian shares are mostly higher after China reported that its slowing economy showed signs of stabilizing in August.
What slowing export demand from China and the West means for the rest of Asia
The export exposure of the six largest Asean economies (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam) to the United States, European Union and China ranges from 34-57 per cent, while that of North Asian…
