China’s “Little Giants” blueprint” wants to invest and support the national IT tycoons, and at the same time, cheering for “buy China” strategies to keep away from the US sanctions A year back, on …
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China Online Education Group Enters into Definitive Agreement to Spin off China Mainland Business
China Online Education Group (“51Talk” or the “Company”) (NYSE: COE), a global online education platform with core expertise in English education, today announced that it has entered into a definitive …
Guangdong’s Imports Fall for Fourth Month as Processing Trade Orders Shift to SE Asia
Imports of China’s manufacturing and foreign trade powerhouse, Guangdong province, dropped for the fourth consecutive month in May from a year earlier, mainly because processing trade orders have …
China’s Hotel Groups Are Bouncing Back
The 2022 China Hospitality Development Report was jointly … Novotel and Ibis are their most popular brands in India with 21 and 20 properties respectively. All Ibis hotels are owned by the …
China Asks Foreign Business Leaders How to Revive Hong Kong in Rare Move
(Bloomberg) — China asked foreign business chambers in Hong Kong how to revive the isolated financial hub’s economy in unprecedented listening sessions weeks before new leader John Lee takes …
Small banks in China are running into trouble. Savers could lose everything
Peter had put his life savings of about $6 million into accounts at three small banks in China’s central Henan province. He says he hasn’t been able to access them since April.
US refinery crunch: ‘excitement’ stirs VLCC market as ships booked into China
Excitement has been growing in the hard-pressed VLCC sector this week as excess US crude exports lead to more fixtures into China. Brokers are also reporting unusually high levels of bookings from …
JPMorgan picks stocks to play a part of China that’s flown under the radar
While big Chinese cities battle Covid, consumers in smaller cities are more in a mood to spend, JPMorgan analysts said, citing a consumer expert.
China calls for solidarity, openness as world faces drastic changes
China on Wednesday underscored the importance of solidarity and openness at a time when the world is facing drastic changes “unseen in a century” and witnessing “major setbacks” in development.
China Bourse Poised To Add To Its Winnings
The China stock market on Thursday wrote a finish to the three-day losing streak in which it had fallen more than 50 points or 1.5 …
UBS’s top China banker says Hong Kong still a magnet for global IPOs, with additional reforms likely to attract more start-ups in Greater Bay Area
Some 2,300 companies have raised US$582 billion via Hong Kong IPOs since the 1997 handover through May 2022, according to Refinitiv data Hong Kong can still grease the IPO wheel to accommodate the …
China’s Tech Giants Lost Their Swagger and May Never Get It Back
Fear and paranoia now cow a once-proud $1 trillion internet industry. Even if Beijing relents, the sector is a shadow of its former self.
Chinese podcast group fails to launch $100mn IPO in blow to Hong Kong
Chinese podcasting platform Ximalaya has suspended plans for a Hong Kong listing after its attempt to raise up to $100mn was rebuffed by investors, who remain wary after Beijing launched a crackdown …
