China’s biggest auto aftersales service platform Tuhu has applied to go public on the Hong Kong stock exchange. US investment banks Goldman Sachs Group and BofA Securites, as well as Switzerland’s UBS …
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Africa: China Exports Its Traditional Medicine to Africa
Hing Pal Singh is among dozens of patients with daily appointments at the Oriental Chinese Herbal Clinic in Nairobi.
Eastern China city launches online trade show amid pandemic
In response to the impact of the COVID-19 pandemic, the eastern China city of Quzhou launched an online exhibition to promote trade on Jan. 21. The exhibition features more than 70 foreign companies …
China’s 2021 softwood lumber imports decline 26%, only Brazilian shipments raise
In 2021, China’s imports of softwood lumber fell 26.2% year-on-year to 18,5 thousand m3. According to Lesprom Analytics, the value of imports contracted 6.2% to $4,1 billion. Average price of softwood …
WEEKLY: China’s imported coal market summary on Jan 21
Coking coal imports Seaborne coking coal offering price to China, unit: $/tonne PCI coal imports: Seaborne PCI coal offering pri …
China Lets In Most of the Australian Coal Stranded at Its Ports
Most of the Australian coal used by steelmakers that was being held at Chinese ports in the wake of Beijing’s import ban has now been cleared, according to local research firm Fengkuang Coal Logistics …
Australian PM’s Account Blocked on China’s WeChat, Lawmaker Says
The popular Chinese messaging application WeChat appears to have blocked access to Australian Prime Minister Scott Morrison’s account, leading one senator to call for a parliament-wide boycott of the …
China’s consumers spent $73.6 billion on luxury goods at home last year, up 36% from 2020
The data also reflects the growth of China’s domestic market as a destination for international brands. Mainland China’s share of the global luxury market rose to about 21% in 2021, up from roughly 20 …
China to accelerate building of ‘modern circulation system’ China to accelerate building of ‘modern circulation system’
China will accelerate the building of a “modern circulation system,” covering business circulation, logistics, transport and financial support, during the 14th Five-Year Plan period (2021-2025), …
Geopolitical tensions clouding moment in sun for China equities
Geopolitical tensions point to growing complexity facing U.S. investors amid China’s continued emergence as an economic superpower.
Weihai Baihe Biology Technological’s IPO to debut on Shanghai Stock Exchange
Weihai Baihe Biology Technological (603102) to start trading on the Shanghai Stock Exchange’s Main Board Jan 25, tomorrow. The firm has issued 16.00 mln shares priced at RMB 42.14 per share raising …
Crypto fraudster Stefan Qin reveals why he stole $123m
An Aussie crypto fraudster, who stole $123 million from investors and spent most of the money on sugar babies, has given a tell-all interview claiming “greed”, bullying and an ex-girlfriend caused his …
Alibaba, Tencent pace stock losses in Hong Kong amid global tech, crypto slump on policy risks
Stocks decline amid global risk-off sentiment after US tech stocks and cryptocurrencies suffered a beating last week amid policy tightening risks.
