BOCI offered CNH 200 million ($28 million) of structured notes, with Swiss banking giant UBS underwriting the issuance and placing with clients in Asia Pacific. This was the first time a Chinese …
Tagged By business
China – the world’s biggest auto exporter in 2023?
China’s Personal Vehicle (PV) exports showed a strong upward trend from January to April this year, in contrast to the unsatisfactory domestic market performance in 2023. In the first four months of …
Decline of foreign banks’ IPO role driven by competition, not closed system: experts
Market insiders said that the decline of foreign banks’ involvement in IPOs in the Chinese mainland mainly reflects market competition, instead of what foreign media claim the result of a so-called …
U.S. limits exports to flight schools, others for training Chinese military pilots
The Biden administration on Monday added 43 entities to an export control list, including Frontier Services Group Ltd, a security and aviation company previously run by Erik Prince, for training …
China’s plunging share of U.S. imports
China’s share of U.S. goods imports fell to 13.3 percent in the first four months of 2023, putting it on track for the lowest annual level since 2004. Although trade between the two countries hit…
Lucid and Fisker are both preparing to sell vehicles in China
Both U.S.-based EV firms are reportedly also considering local production in China, but neither company has publicly confirmed plans to do so.
Nio slashes prices as China’s EV price war deepens
STORY: An auto market price war appears to be escalating in China. Nio said Monday (June 12) that it would cut prices for all its cars. The Chinese brand is cutting over $4,000 off the…
China Update: Cruise Restart Plans Summarized
With the Chinese market finally set for a broader reopening, Cruise Industry News looks at the status and the restart plans for the brands that historically have a presence in the region. Blue Dream …
Ex-Samsung exec charged with stealing trade secrets to create copycat chip factory in China
South Korean prosecutors have arrested and indicted a former executive of Samsung Electronics suspected of stealing trade secrets while attempting to establish a copycat computer chip plant in China.
Dutch Government to Screen Foreign PhD Tech Students, Denies Targeting China
The Dutch intelligence agency AIVD in April warned that Dutch universities are an “attractive target” for spying and that China is the largest threat. Dutch universities have already begun rejecting …
China says firmly opposes U.S. import ban on Chinese firms over Uyghurs
China firmly opposes U.S. inclusion of two more companies, and some of their units, on a list of entities accused of alleged human rights abuses, the commerce ministry said on Monday.
The future of Cryptocurrencies: Bitcoin, Ethereum, XRP, Dogecoin and DogeMiyagi in the Era of China’s Crypto Market
In this article, we will examine the implications of China’s entry into the crypto picture and what it could mean for investors of Ethereum, XRP, Dogecoin, and DogeMiyagi.
Billions in crypto stolen by North Korean hackers to fund missile R&D
North Korean hackers have stolen billions in cryptocurrency that have partly been used to fund the regime’s ballistic missile program.
