China’s Sunshine Insurance Group plans to price its shares at HK$5.83 each in its Hong Kong initial public offering to raise HK$6.7 billion ($863 million), according to two sources with direct …
Tagged By business
Over 40% of China’s Auto Dealers Close Shop in November as Business Craters
Some 41.2 percent of China’s automobile 4S, or Sale, Spare parts, Service and Survey, stores went out of business in November and most of them had already stopped operations for over two weeks as they…
Apple’s Warning About China Business
Shareholders are going want to know how companies are diversifying risk from the People’s Republic.
China’s Services Sector Struggles Under Weight Of COVID Containment Measures
China’s services sector has contracted for the third consecutive month, according to a private sector business survey, as the country’s efforts to contain the COVID-19 pandemic weigh on demand and …
China gears up for revenge shopping, again
China was one of the first countries in 2020 to emerge from the pandemic, after stringent lockdowns to curb the spread of Covid-19.
Bally to further expand in China in 2023
Swiss luxury fashion house Bally will reportedly further expand its business in China through both physical retail and in e-commerce. CEO Nicolas …
China’s trade likely shrank further in Nov as external, local demand weakened
China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and waning demand at home amid widespread pandemic controls, a Reuters poll …
Hong Kong to be among top three IPO hubs in 2023, with fundraising set to double to US$26 billion: PwC
The city should regain bragging rights as a top three IPO market in 2023 as stable markets and reforms fill its deal pipeline, PwC report says Hong Kong has fallen to fourth globally in 2022,…
China’s COVID Plan Is Threatening Disaster Once Again
Now some mayors—who national leaders have authorized to set local rules on crowds, business capacity, travel, mask-wearing and testing—are easing up on some COVID-related restrictions. While many …
Wall Street CEOs funding China’s military and human rights abuses. Here’s why
If Wall Street really cared about responsible investing, they wouldn’t turn a blind eye to China’s human rights abuses, genocide and military aggression.
China’s trade likely shrank further in November as external, local demand weakened: Reuters poll
China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and waning demand at home amid widespread pandemic controls, a Reuters poll …
Blockchain-based Avalanche to support Alibaba Cloud’s Asian infrastructure services
According to Cointelegraph, Avalanche’s partnership with Alibaba Cloud is expected to ensure the development of tools to permit users to launch validator nodes on Asian Avalanche’s public blockchain p …
Crypto’s biggest losers: Meet billionaires who lost the most in 2022
It’s not been an easy year financially for crypto billionaires. The market suffered a trillion-dollar crypto crash. This resulted in thousands of lawsuits as investors attempt to recoup their lost …
