Applied Blockchain (APLD) shares tumbled again on Tuesday, falling 23% in midday action following the expiration of its initial public offering stock lockup and news that …
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Ganni and Alibaba on China’s unique retail landscape: ‘Livestreaming is not a TV sales show’
Ganni and Alibaba kicked off Drapers Future of Fashion Conference 2022 at 155 Bishopsgate, London by discussing the role of livestreaming in China’s retail landscape, and how it can be used to build …
Hong Kong IPO by GoGoX hints at easing of China tech crackdown
Logistics platform operator GoGoX plans an initial public offering here next week, a sign that China’s crackdown on the tech industry might be letting up. GoGoX, which has been dubbed “Uber for …
EDITORIAL: Containing China the only option
Over the weekend, a war of words broke out between Washington and Beijing at the Shangri-La Dialogue security summit in Singapore, turning the annual powwow into less of a dialogue and more of an …
China’s consumption problem rooted in fears and uncertainties, while vouchers have limited appeal
And business had been decent even just last year … In April, the State Council – China’s cabinet – said airports, harbours and highways must remain open to protect the logistics chain. It also …
SEC’s Gensler Warns About Crypto Lenders Offering High Returns
(Bloomberg) — Gary Gensler has a message for people pouring money into crypto on promises of high returns: beware. Most Read from Bloomberg China Alarms US With Private Warnings to Avoid Taiwan …
Forever 21 Makes Third China Attempt with Third-tier City Store
The store, currently under construction, is three-hour drive away from Shanghai at a shopping mall in Taizhou, Jiangsu province.
BYD is selling so many electric cars it’s become one of the top three automakers in China
BYD’s growing sales for various models have helped the company climb into the ranks of the top three brands in China by passenger car sales so far this year.
China’s ‘618’ shopping festival to test COVID-hit shoppers’ urge to splurge
China is set to get a picture of how the country’s zero-COVID-19 policy and slowing economy have impacted shoppers’ urge to splurge, as e-commerce platforms gear up to report takings from the mid-year …
Foreign Banks Face Uncertainty in China
Recent news noted that Credit Suisse Group is slowing its expansion in China, but this doesn’t mean that major foreign banks are pulling out or ending their China dream. Morgan Stanley, Citigroup, UBS …
Warehouses in China and U.S. show global economy struggling to adjust
Container ships at the Port of Los Angeles on June 10. (Kyle Grillot/Bloomberg News) Warehouses in China and the United States are stuffed with unsold televisions, refrigerators and sofas, a shared …
Analysis: China’s teapots crank back to life, aided by cheap Russian oil
China’s army of small, privately owned oil refiners are raising output on hopes of recovering fuel demand as COVID-19 curbs ease and refining margins swell due to an increasing supply of cheap Russian …
Curve Inversion 101: U.S. CPI Politics Up Front, China PPI Down(ing) The Back
Chinese CPI dropped 0.2% month-over-month in May 2022. There’s no mistaking the downturn across China all throughout last year. That had spilled over into its producer prices quite some ago.
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