Vehicle sales were held back by a second consecutive month of strict lockdowns. China’s new vehicle market fell by a further 13% to 1,862,000 units in May 2022 from 2,128,000 units in the same month…
Tagged By business
IPOs in Mainland China Jump as Global Issuance Plummets
New listings in China are breaking records even as turbulent markets cast a pall over the global initial public offering business.
Inner Mongolia’s closure of crypto mine operations slows since September
Inner Mongolia has closed 49 cryptocurrency mining farms in total, but only four since September, according to the Inner Mongolia Daily, indicating either the process has been successful or the …
Crypto Lender Celsius Freezes Withdrawals, Fuels Market Rout
Celsius Network Ltd. paused withdrawals, swaps and transfers on its platform, fueling a broader market selloff as traders continued to question the sustainability of high-yielding crypto products in …
China says it will ‘fight to the very end’ to stop Taiwanese independence
“If anyone dares to secede Taiwan from China, we will not hesitate to fight,” said Chinese Defense Minister Wei Fenghe.
China’s Sai Microelectronics Surges as Trial Production of New MEMS Wafers Kicks Off
Shares of Sai Microelectronics surged after the Chinese semiconductor manufacturer said the production of its new type of micro-electromechanical systems that its affiliate made for a client had been …
China’s frozen French fries export surges, filling global market gap amid pandemic
Officers from Customs of Ulanqab checking frozen French fries for exporting Photo: Courtesy of Customs of Ulanqab. Customs of Ualnqab City, North China’s Inner Mongolia Autonomous …
Audiowell Electronics (Guangdong)’s IPO to debut on Beijing Stock Exchange
Audiowell Electronics (Guangdong) (832491) to start trading on the Beijing Stock Exchange Jun 14, tomorrow. The firm has issued 36.00 mln shares priced at RMB 11 per share raising RMB 396 mln. Its …
Tencent-backed Soulgate withdraws $185m U.S. IPO
A Chinese social networking app provider backed by Tencent Holdings has filed to withdraw its plans to raise $185 million in a U.S. initial public offering. Soulgate had sought to offer 13.2 million …
Business praises first steps in China thawing
Defence Minister Richard Marles will make his first visit to North Asia, after a “critical first step” exchange with his Chinese counterpart at the weekend …
S.Korea’s export logs double-digit fall in first 10 days of June
South Korea’s export logged a double-digit fall in the first 10 days of June due to fewer business days, customs office data showed Monday. Export came in at 15.07 billion U.S. dollars in the June…
MAS’ crypto regulation pays off as Binance selects a S’pore startup to handle global payments
There has been lots of concern in recent months that crypto regulation in Singapore is being too restrictive, discouraging many companies from settling in the city-state — with the chief example being …
Enhancing efficiency in China market
China’s relentless efforts to enhance efficiency and character of its humongous domestic market through wider reforms have elicited thumbs up from both Chinese and foreign companies as they depend on …
ADVERTISEMENT
