China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply lower than its original target of $500…
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China’s Giant Biogene slashes Hong Kong IPO size – sources
China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply lower than its original target of $500…
Australian Wine Exports Slump 11% as China Tariffs Crimp Demand
China tariffs, global freight snarls and changing consumer habits during the pandemic have caused an 11% slump in the value of Australian wine exports in the year to Sept. 30.
China’s power battery output surges over 101 pct in September
Last month, the installed capacity of power batteries for NEVs rose by 101.6% year on year to 31.6 gigawatt-hours (GWh), according to the China Association of Automobile Manufacturers. Specifically, …
Intel CEO says U.S. crackdown on chip exports to China was ‘inevitable’
Intel Corp. Chief Executive Pat Gelsinger said that recently imposed U.S. restrictions on semiconductor-industry exports to China were inevitable as …
Mobileye IPO not capital raise, but market entry -Intel CEO at WSJ Tech Live Conf
Intel Corp’s Chief Executive Pat Gelsinger on Monday said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into the market.
China’s exports weaken, imports up 0.3% in September
China’s export growth weakened in September as global consumer demand cooled while imports rebounded from a contraction after Chinese economic growth improved. Exports rose 5.7% …
Business Highlights: China’s growth, Credit Suisse fined
China’s exports weaken in September, imports up 0.3% BEIJING (AP) — China’s export growth weakened in September while imports rebounded from a contraction as economic growth improved. Official data …
Why Travel Stocks Doing Business in China Plunged on Monday Morning
What happened Shares of Chinese companies took a beating today as political and economic changes in the country came into focus for investors. For gambling and travel companies operating in Macao, a …
Clampdown on chip exports is the most consequential US move against China yet
Historians will pinpoint Biden’s decision on 7 October 2022 as the moment at which US and Chinese technology decoupling became inevitable.
Russia Ramps Up Oil Exports To Turkey, India, And China Ahead Of EU Ban
Moscow is ramping up oil exports to Turkey, India and China before the EU’s December 5 sanctions go into place …
Alibaba: six Chinese customer segments western brands need to know
In November 2020, global consultancy firm Bain predicted that China would surpass the US to become the world’s biggest luxury market by 2025. Today, these estimates are plagued by economic uncertainty …
Is China Losing Its Export Prowess?
China’s status as the “world’s factory” is not as irrefutable as it once was, data by logistics research company MDS Transmodal published by CNBC shows. According to the figures, China’s share in …